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Business Development Manager - job 1 of 3

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

Job Description

  • Adapt the Global and Latin America and Caribbean cross-border payments strategy for the CarCam Region and develop tactical plans to achieve defined goals, design effective client relationships and business development strategies.
  • Responsible for executing the cross-border strategy, program management, and coordinating execution of Cross-Border activities for the assigned Region.
  • Adapt the Global and Latin America and Caribbean cross-border payments strategy for the assigned Region and develop tactical plans to achieve defined goals, design effective client relationships and business development strategies.
  •  Structure and solve cross-border related business problems, collaborating and coordinating with a range of internal stakeholders to make recommendations on a wide range of issues, including pricing, payment success, and emerging segments.
  • Work across functional areas including strategy development, program management and performance monitoring for key strategic indicators, driving XB initiatives forward from concept to focused, resourced execution plans with paths to scaled implementation.
  • Create rigorous and accessible analytic and strategic frameworks for evaluating opportunities and go-to-market strategies
  • Develop clear and concise executive level communications. Communicate recommendations to senior management, other executive, functional, or regional staff in a clear, concise and impactful way.
  • Represent Visa in client discussions as the Cross-Border expert by partnering with Account Executives, working with banks, merchants and acquirers to understand their needs.
  • Support Account Executives in cultivating and managing the subsequent pipeline of activity and revenue opportunities. Understand deal commercials to align investment and target the right opportunities.
  • Take proactive measures to knowledge share, coach, and train Sales and other functional teams in the Andean on activities related to Cross-Border growth.

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Qualifications

• Bachelor’s Degree required. MBA preferred
• 8 - 10 years of experience in highly successful businesses that have a strong track record of client service, strategic development and execution. Experience at a top-tier management consultancy and/or a solid track-record of operating in an in-house corporate strategy role, coupled with managing operations of a function or business unit is a strong plus.
• Extensive experience in either banking/financial services sector or Technology / FINTECH sector experience.
• Strong knowledge of payment industry products, services and technologies, eCommerce, mobile technology and Cross-Border business is a plus.
• Experience in client-facing roles, having led client discussions and solutioning engagements with multiple key stakeholders, ideally including financial institutions (banks), large retailers, multinationals, governments, local partners, etc.
• A proven track record of delivering high impact results working on projects in the areas of corporate strategy, growth initiatives and new market/segment/business strategies
• Global or multi-national business experience is preferred
• Ability to structure and manage complex cross-enterprise projects and processes with multiple stakeholders
• Strong interpersonal and leadership skills to influence and build credibility with senior functional and regional leaders within Visa. Team oriented, collaborative, diplomatic and flexible.
• Strong commercial and financial acumen
• Superior problem solving skills, with demonstrated intellectual and analytical rigor
• Proactive and effective communicator. Experienced at presenting information to all levels, with ability to facilitate group discussions and debate and proven ability to influence and communicate effectively across geographic and functional lines
• Willingness to travel 40%+.
• Fluent in English and Spanish.

Additional Information

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.

Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

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What You Should Know About Business Development Manager, Visa

Are you ready to take on a pivotal role as a Business Development Manager at Visa in the vibrant city of Santo Domingo? Here, you’ll help shape and execute our cross-border payments strategy for the Caribbean and Latin America regions. Your day-to-day will involve developing tactical plans that drive results while fostering impactful client relationships. You'll work closely with a variety of internal stakeholders to tackle cross-border business challenges and make strategic recommendations on pricing and emerging market segments. This position is designed for those with experience in banking or fintech who excel in client-facing roles. You’ll leverage your expertise to support our Account Executives, manage the revenue pipeline, and represent Visa in high-stakes client discussions. As a Business Development Manager, you'll not only need to be a master communicator but also possess strong analytical skills, which will help you create strategic frameworks for evaluating opportunities. Collaboration is key here, as you will coach and train sales teams to drive cross-border growth effectively. In this hybrid role, you'll be part of a dynamic workplace culture that values flexibility, so you can balance remote and office work, ideally spending 2-3 days a week on-site. If you're enthusiastic about making a meaningful impact and eager to advance your career in a global payments leader, Visa is the place for you. Join us and be a part of making payments accessible for everyone, everywhere!

Frequently Asked Questions (FAQs) for Business Development Manager Role at Visa
What does a Business Development Manager do at Visa?

A Business Development Manager at Visa plays a crucial role in adapting and executing cross-border payments strategies tailored for the Latin America and Caribbean regions. This includes developing tactical plans to achieve defined goals, managing client relationships, and driving business development initiatives effectively.

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What qualifications are needed for the Business Development Manager position at Visa?

To qualify for the Business Development Manager role at Visa, candidates typically need a Bachelor's degree, with an MBA preferred. Essential experience includes 8-10 years in client service and strategic development, ideally within the financial services or fintech sectors.

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What can I expect from the interview process for a Business Development Manager at Visa?

The interview process for the Business Development Manager position at Visa will likely include multiple stages. Expect to discuss your past experiences, client engagement strategies, and problem-solving capabilities relevant to cross-border payments. Be prepared for scenario-based questions that assess your strategic thinking.

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Is prior experience in cross-border payments necessary for the Business Development Manager role at Visa?

While specific experience in cross-border payments can be beneficial, it is not an absolute requirement for the Business Development Manager role at Visa. A strong background in the banking or fintech sectors, along with an understanding of payment industry products, will aid your candidacy.

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What are the key skills required for a Business Development Manager at Visa?

A successful Business Development Manager at Visa should possess strong analytical and problem-solving skills, excellent communication abilities, and the capacity to influence and build credibility with senior leaders. Team-oriented collaboration and a deep understanding of client needs are also essential.

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What is the work culture like for a Business Development Manager at Visa?

The work culture for a Business Development Manager at Visa is dynamic and inclusive. Employees enjoy the flexibility of a hybrid work environment, with opportunities to engage with diverse teams and contribute to a purpose-driven mission of improving payment experiences globally.

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What opportunities for professional growth does Visa offer for Business Development Managers?

Visa provides various opportunities for professional growth, including access to leadership training, mentorship programs, and the chance to be involved in strategic initiatives that impact regional payment solutions. Successful Business Development Managers often advance within the organization into higher management roles.

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Common Interview Questions for Business Development Manager
Can you describe your experience with cross-border payments?

In responding to this question, highlight specific projects or roles you've held related to cross-border payments. Discuss the challenges you faced and how you navigated them to achieve success. Use metrics to quantify your impact when possible.

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How do you approach developing strategic relationships with clients?

When answering this question, outline your approach which might include assessing client needs, regular communication, and strategic follow-ups. Provide examples of how you've cultivated relationships that led to significant business outcomes.

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What strategies have you implemented to drive revenue growth?

Discuss specific strategies you've deployed to drive revenue. This could include innovative marketing campaigns, enhancing the client experience, or optimizing pricing structures. Be prepared to back up your strategies with results.

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Describe a time when you had to resolve a complex business problem.

When describing a complex business problem, focus on the problem itself, your analysis process, and the solutions you proposed. Highlight your collaborative efforts with stakeholders to implement these solutions effectively.

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How do you stay updated with industry trends in the payment sector?

Mention specific resources such as industry publications, webinars, or networking events that you engage with to stay informed. Demonstrating your proactive approach and passion for the industry is essential.

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What role do analytics play in your decision-making process?

Showcase your familiarity with analytics and how you utilize data to guide your decisions. Provide examples of metrics you track and how they influence your strategies and outcomes.

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How do you prioritize tasks when managing multiple projects?

Discuss your time management techniques, such as using project management tools or setting clear priorities based on business impact. Give an example of a situation where you successfully managed multiple deadlines.

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Can you provide an example of a successful negotiation you led?

Share a specific negotiation experience that resulted in a win-win situation. Break down your approach, the strategies you used, and the ultimate result, illustrating your ability to advocate for both the company and the client.

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What is your approach to leading cross-functional teams?

Describe your leadership style and how you foster collaboration among cross-functional teams. Provide examples of successful projects where you harmonized diverse perspectives to achieve a common goal.

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Why do you want to work at Visa as a Business Development Manager?

Express your enthusiasm for Visa’s mission and values as a global leader in payments. Discuss how the role aligns with your skills and career aspirations, and how you envision contributing to their success.

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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
November 29, 2024

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