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Account Executive - job 1 of 4

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 #LifeatVisa.

Job Description

This role is accountable for driving sales, retaining payment volume and revenue across a segment of Community issuing financial institutions in the Northeast region. This includes the proactive creation and execution of opportunities to drive net new growth while retaining and growing the existing portfolio. This role requires the ability to clearly articulate the Visa value proposition to various audiences, independently explain critical contract terms and effectively negotiate to secure mutually agreeable contracts with Community issuers.

The ideal candidate will have a proven track record in employing disciplined sales practices, including but not limited to building and maintaining a robust pipeline, developing and executing against a territory management plan, and delivering on ambitious sales quotas and OKRs. The ideal candidate must be an experienced sales and business development leader who has worked in the payments ecosystem and maintains executive-level relationships with banking and credit union clients. 

Accountabilities:

  • Drive the strategy, pipeline, and agenda for the banks and credit unions in the identified territory within the Northeast region.
  • Identify strategic opportunities through client engagement. Develop a strong understanding of the segment and customer business needs to deliver value to our Financial Institutions and their clients / members.
  • Serve with credibility and excellence as the face of Visa to our clients and partners, drive thought leadership and vision in the market.
  • Engage with industry associations to drive Visa engagement and visibility in market. 
  • Continuously review market and competitive landscape, identifying opportunities and strategies that will position Visa as the market leader.
  • Strong focus on execution and deliverables.  Proven record of exceeding goals.
  • Identify strategic innovation and development opportunities through a strong understanding of the customer's business.
  • Operate with the highest level of sales discipline by mastering Visa’s CRM systems/tools to develop and maintain territory and pipeline.
  • Influence the client’s vision for the future of card and non-card payments, consistent with Visa’s strategies.
  • Continuously review client strategies and market landscapes to identify themes, risks, opportunities and insights, and effectively communicate those with peers and the Northeast region VP.
  • Develop client engagement approaches to ensure that client and Visa business objectives are met.
  • Deliver on annual goals and objectives.
  • Represent Visa at industry meetings and trade shows and generate and lead external speaking engagements.

This is a remote position. A remote position does not require job duties be performed within proximity of a Visa office location. Remote positions may be required to be present at a Visa office with scheduled notice.

Qualifications

Basic Qualifications:

  • 10 or more years of work experience with a Bachelor’s Degree or at least 8 years of work experience with an Advanced Degree (e.g. Masters/ MBA/JD/MD) or at least 3 years of work experience with a PhD


Preferred Qualifications:

  • 12 or more years of work experience with a Bachelor’s Degree or 8-10 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 6+ years of work experience with a PhD
  • Strong understanding of payment networks, processes, and ecosystem participants.
  • Experienced solution sales leader with a record of accomplishment for delivering results, must possess the ability to identify the inspired path forward to partner, structure creative financial partnership constructs, and demonstrate success in contract negotiations to drive a deal to close quickly.
  • Strong customer-facing communication skills. Experience in managing relationships and cultivating deep, trusted partnerships with clients and partners. Ability to explain complex business concepts to broad audiences in an engaging way.
  • Natural collaborator with excellent communication skills. Must be self-motivated and comfortable with ambiguity, possessing the maturity and competence to influence across multiple levels and organizations including internal and external stakeholders.
  • Excellent communication and group presentation skills. Executive presence, and comfortable presenting with the C-suite.
  • Demonstrated thought leadership and the aptitude to challenge the status quo and identify new opportunities to innovate and differentiate.

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 135,300 to 245,400 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

$190350 / YEARLY (est.)
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$135300K
$245400K

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What You Should Know About Account Executive, Visa

Are you an experienced sales professional with a passion for the payments landscape? Look no further! Visa, a world leader in payments and technology, is seeking an Account Executive to join our dynamic team in Boston, MA. In this role, you will be accountable for driving sales, retaining payment volume, and generating revenue across a segment of community issuing financial institutions in the Northeast region. Your days will be filled with exciting opportunities to create and execute strategies that will not only foster new growth but also nurture existing relationships within our extensive portfolio. We believe in the power of a great sales leader who can effectively articulate the Visa value proposition, negotiate contracts, and engage with clients to understand their business needs. If you have a proven track record in disciplined sales practices, including managing a robust pipeline and exceeding sales quotas, we want you to bring your expertise to Visa! You’ll serve as the face of Visa, showcasing your thought leadership as you collaborate with a variety of stakeholders. At Visa, we thrive on innovation and are dedicated to maintaining our competitive edge while working tirelessly to uplift everyone, everywhere. If you're looking for the opportunity to make a significant impact in a fast-paced, purpose-driven environment and enjoy a flexible remote working situation, then this is the role for you. We invite you to join us and experience #LifeatVisa.

Frequently Asked Questions (FAQs) for Account Executive Role at Visa
What are the major responsibilities of an Account Executive at Visa?

As an Account Executive at Visa, your primary responsibilities include driving sales and retaining payment volume for community issuing financial institutions in the Northeast. This involves strategic client engagement, understanding market needs, and effectively communicating the Visa value proposition. You will develop and execute territory management plans, identify innovative growth opportunities, and maintain high-level client relationships to ensure both Visa's and clients' business objectives are met.

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What qualifications are needed to apply for the Account Executive position at Visa?

To be considered for the Account Executive role at Visa, you should have at least 10 years of related work experience along with a Bachelor's Degree. Alternatively, you can qualify with an Advanced Degree plus relevant experience. Preferred candidates will bring more than 12 years of experience, a solid understanding of payment networks, and a successful track record in solution sales, particularly in managing relationships and negotiating contracts.

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What type of experience is preferred for an Account Executive at Visa?

Visa prefers candidates for the Account Executive role to have extensive experience in the payments ecosystem, ideally over 12 years if holding a Bachelor's Degree or a combination of experience with an Advanced Degree. Successful candidates will demonstrate their ability to build trusted partnerships, explain complex business concepts clearly to diverse audiences, and show innovative thinking in the face of challenges.

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How does the Account Executive role contribute to Visa’s goals?

The Account Executive role is pivotal to Visa's success by driving client engagement and identification of strategic opportunities. By developing a thorough understanding of client needs and the competitive landscape, you will help elevate Visa’s market presence and further establish its reputation as a market leader. Your efforts will ensure that strategic partnerships flourish, thereby contributing to achieving Visa's ambitious sales goals.

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What is the remote working policy for the Account Executive role at Visa?

The Account Executive position at Visa is primarily remote, allowing for flexibility in work location. However, there may be instances when you will be required to be present at a Visa office with prior notice. This ensures you remain integrated within the team while still enjoying the benefits of remote work.

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Common Interview Questions for Account Executive
Can you discuss your experience with building and managing a sales pipeline as an Account Executive?

When answering this question, focus on the specific strategies you implemented to build and maintain a robust sales pipeline. Highlight key tools you used, such as CRM software, and share metrics that demonstrate your success in meeting and exceeding sales targets.

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How do you approach client engagement to maximize sales opportunities?

Discuss your methods for understanding client needs, which might include conducting thorough market research or networking. Explain how tailoring solutions to meet client expectations has helped you secure deals and foster long-term relationships.

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Describe a time you successfully resolved a challenging negotiation with a client.

Use the STAR method (Situation, Task, Action, Result) to outline a specific negotiation scenario. Emphasize your communication skills, problem-solving abilities, and how you found common ground to achieve a mutually beneficial agreement.

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What strategies do you use to stay informed about the competitive landscape in payments?

Share your approach to researching industry trends and competitors, such as attending industry conferences, participating in online forums, or subscribing to relevant publications. Convey how this knowledge helps you adjust sales strategies effectively.

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How do you tailor Visa’s value proposition to different segments of clients?

Explain how you adapt your communication to resonate with various audiences, considering their unique needs and priorities. Highlight specific examples where you successfully showcased Visa's strengths that aligned with the client’s business objectives.

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What role does thought leadership play in your approach as an Account Executive?

Illustrate how you position yourself and Visa as industry leaders through innovative solutions and forward-thinking strategies. Highlight instances where sharing insights or expertise led to new opportunities or strengthened client relationships.

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Can you share an example of how you exceeded sales quotas in your previous roles?

Detail a specific instance where your efforts notably surpassed expectations. Discuss your strategies, the actions you took, and the final outcome, framing it as a testament to your skills and determination.

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How do you ensure that you are meeting both client and Visa’s business goals?

Discuss your method for aligning client objectives with Visa's strategic goals through proactive engagement, regular check-ins, and open communications. Emphasize the importance of feedback loops to continually adjust strategies as needed.

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What techniques do you use to foster strong relationships with clients?

Share specific approaches you take to build and maintain trust, such as regular follow-ups, personalized communication, or providing added service value. Provide examples of how these relationships resulted in business growth.

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In your opinion, what are the key skills necessary for an Account Executive in the payment industry?

Identify essential skills such as strategic thinking, strong communication, negotiation tactics, and deep industry knowledge. Discuss how these skills can be applied in practical scenarios to achieve successful client outcomes.

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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, remote
DATE POSTED
April 13, 2025

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