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Vice President, Healthcare - job 1 of 2

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.  Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

 

Team Summary

The Visa Healthcare team is charged with leading the sales strategy and commercialization of best-in-class healthcare payment solutions as we seek to meet the growing and increasingly diversified needs of healthcare organizations, payers, providers, and the issuer and fintech clients driving the digitization of payments in the healthcare space.  This team will need to understand the end user needs to make sure our offerings, and those of issuers and fintech’s resonate.   In addition, this team is responsible for building and delivering a go to market strategy inclusive of marketing and sales materials, events, and thought leadership communicating our diverse set of products and services serving this segment across the enterprise.  

 

Position Overview

The VP, Healthcare is a highly experienced and dynamic healthcare payments sales executive.  The ideal candidate will be adept driving revenue and setting a sales strategy for the healthcare and insurance sector, engaging credibly and effectively with various stakeholders including financial institutions, health tech, merchants, industry groups, and government entities. The role reports to the SVP, Visa Commercial Solutions for North America, and is a member of their leadership team.  In addition, this leader will dotted line into the SVP, Global Large and Middle Market. This leader is instrumental in accelerating business growth in this vertical.

Key Responsibilities

  • This leader will be responsible for driving revenue growth by establishing a sales strategy and pipeline across employee benefits, healthcare and insurance, and identify cross sell opportunities for additional Visa solutions. 
  • Lead the direct team responsible for Employee Benefits and Virtual Card payment product account management and business development. 
  • Manage client and prospect opportunities solutioning a segment approach across various B2C and B2B payment flows.
  • Deliver a US Healthcare go to market and thought leadership strategy including social, media, events, and speaking engagements. 
  • Serve as the advocate for the customer, collaborating with the product team to develop superior solutions. Gain a thorough understanding of the healthcare sector's needs and challenges related to payments and align this knowledge with Visa’s capabilities to address or improve our products and solutions.
  • Work effectively across multiple stakeholders across the B2B Fintech Partnership and Large Middle Market teams in VCS.
  • Manage budget and financial responsibilities

 

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

Qualifications

Basic Qualifications
• 12 years of work experience with a bachelor’s degree or at least 10 years of experience with an Advanced degree (e.g., Masters/MBA/JD/MD) or at least 8 years of work experience with a PhD
• 12+ years’ experience in sales within a financial institution, consultant or healthcare payments technology company: experience with Treasury operations, working capital and cash management initiatives, Revenue Cycle Management, Epic/EHR implementations and payment collections initiatives
• Experience selling products and services in healthcare that involve financial/payments components (e.g., launching plans with supplemental benefits/OTC cards, virtual cards for payer to provider, HSA/FSA products, revamping patient and payments journeys)
• Seasoned leader with extensive industry and functional expertise, including sales, business development, contract negotiations, marketing, and sales.
• Proven success with sales, consultative selling, and management experience. Strong track record of success in managing, leading, and motivating high performing/ quality teams.
• Ability to engage credibly and effectively with healthcare stakeholders
• Knowledge of the structure of the industry and the relationships between patients, providers, payers, funders and the government
• Adept at executive level presentations, required to be active at industry conferences and thought leadership
• Able to navigate a highly matrixed environment
• Experience managing hard line and dotted line teams.
• Ability to build strong relationships and enable collaboration with large cross-functional teams.
• Effective communication skills with the ability to negotiate and influence key stakeholders at all levels both internally and externally to Visa.
• Lead as the Visa Ambassador for Healthcare.
• Consistent record of having met challenging financial and business targets.
• Proven track record of driving innovation and leading change in successful top tier companies.
• Committed to building and inclusive and productive work environment through Visa’s Leadership Principles.

Preferred Qualifications
• 15 or more years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD, PhD)

Additional Information

Work Hours: Varies upon the needs of the department.

Travel Requirements: This position requires travel 5-10% of the time.

Mental/Physical Requirements: This position will be performed in an office setting.  The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.

Visa is an EEO Employer.  Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.  Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.

U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 189,000 to 369,000 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.

Average salary estimate

$279000 / YEARLY (est.)
min
max
$189000K
$369000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Vice President, Healthcare, Visa

Are you ready to take your career to the next level? Visa is on the lookout for a Vice President, Healthcare to join our dynamic team in Foster City, CA. As a leading company in payments and technology, we process over 259 billion transactions each year and are dedicated to fostering innovation in the healthcare payment sector. This is where visionary leaders like you come in! In this role, you’ll drive revenue growth and strategize on sales initiatives that cater to the evolving needs of healthcare organizations and financial partners. You’ll work closely with stakeholders across various platforms, from financial institutions to health tech, ensuring our healthcare payment solutions resonate deeply with the end users. You’ll spearhead the development of a go-to-market strategy that spans marketing materials, events, and thought leadership, truly making an impact in this essential industry. Collaboration is key, as you’ll be advocating for customers while working with product teams to enhance our offerings. Not only will you be mentoring and leading high-performing teams, but you'll also be engaging in executive-level dialogues and presenting thought leadership at industry events. It’s time to join Visa, where your experience and passion for healthcare payments can lead to meaningful change. Come be part of a purpose-driven team that aims to uplift everyone, everywhere, with a robust network of support and innovation.

Frequently Asked Questions (FAQs) for Vice President, Healthcare Role at Visa
What are the key responsibilities of a Vice President, Healthcare at Visa?

The Vice President, Healthcare at Visa is responsible for driving revenue growth through the establishment of sales strategies across employee benefits, healthcare, and insurance sectors. This role involves developing a robust pipeline of client opportunities, leading the account management teams, and formulating comprehensive marketing strategies while advocating for customer needs.

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What qualifications do I need for the Vice President, Healthcare position at Visa?

To qualify for the Vice President, Healthcare position at Visa, candidates should have at least 12 years of relevant experience, including sales within financial institutions or healthcare payments technology. A strong background in consultative selling, contract negotiations, and team leadership is also essential. Advanced degrees such as an MBA or JD are preferred.

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How does the Vice President, Healthcare contribute to Visa's goals?

The Vice President, Healthcare plays a vital role in supporting Visa's mission by creating innovative payment solutions tailored to healthcare needs. By establishing effective sales strategies and collaborating with diverse stakeholders, this role helps mitigate challenges in healthcare payments, ultimately advancing Visa's growth and service excellence.

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What is the team environment like for a Vice President, Healthcare at Visa?

The Vice President, Healthcare will join a collaborative team that values innovation and inclusivity. You’ll work alongside experts from various departments, including B2B Fintech Partnerships and Large Middle Market teams, fostering an environment of support and synergy aimed at driving strategic results across Visa's healthcare offerings.

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What is the expected salary range for the Vice President, Healthcare position at Visa?

The expected salary range for the Vice President, Healthcare position at Visa is between $189,000 and $369,000 annually, depending on factors like experience and location, along with potential bonuses and equity options. In addition, Visa offers a comprehensive benefits package which may be available to this role.

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Common Interview Questions for Vice President, Healthcare
Can you describe your experience with building sales strategies in healthcare payments?

When discussing your experience, highlight specific strategies you've implemented and the resulting revenue growth. Discuss examples of how you identified market opportunities and engaged stakeholders to craft solutions that meet the demands of healthcare organizations.

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How do you ensure collaboration among cross-functional teams?

To effectively answer this question, give examples of past experiences where you led cross-disciplinary projects. Emphasize your communication skills and techniques used to align various teams towards common goals, ensuring that all voices are heard and valued.

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What do you believe are the biggest challenges facing healthcare payments today?

To answer this, mention current challenges like the complexity of payment systems, patient financial responsibility, and regulatory changes. Demonstrating awareness of industry challenges will establish your expertise and contextual understanding of the role.

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How do you prioritize client needs while aligning with Visa's business objectives?

Discuss your method for assessing client priorities versus organizational goals. You may mention your approach in gathering client feedback and leveraging it to inform Visa’s offerings, ensuring a win-win relationship where both parties benefit.

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Can you share an example of a successful marketing strategy you've executed in healthcare?

Prepare a detailed narrative of a specific campaign, detailing your objectives, execution steps, and metrics for success. Discuss how you tailored it to the unique requirements of the healthcare sector and the impact it had on your organization's growth.

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What is your approach to navigating changes in the healthcare landscape?

Speak about your experiences adapting to changes in the industry and how you proactively stay informed about trends. Show your ability to pivot strategies based on market evolution while ensuring your team remains focused and motivated.

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How would you evaluate the success of your team?

Talk about the key performance indicators and metrics you would use to evaluate the team's success, such as revenue growth, customer satisfaction scores, and team engagement levels. Highlight your belief in continuous improvement and development within the team.

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What do you think makes an effective leader in the healthcare payments field?

Mention qualities like empathy, decisiveness, strategic thinking, and the ability to inspire others. You might support your answer with personal anecdotes that illustrate how you embody these traits in leadership.

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How do you handle conflicts within your team?

Describe your conflict resolution strategy, focusing on open communication, fostering understanding, and finding common ground. Use a specific example where you successfully navigated a conflict to bring about a positive outcome.

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Why do you want to work for Visa as the Vice President, Healthcare?

Reflect on Visa's mission and values and how they resonate with your personal goals. Discuss your admiration for Visa’s commitment to innovation and your desire to contribute to a team that makes a significant impact in the healthcare payments space.

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Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entiti...

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Full-time, hybrid
DATE POSTED
March 18, 2025

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