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Director, Business Development Executive - job 6 of 21

The Co-brand business development team forms a critical part of the NA Co-brand team, as part of the Enabler, Merchant and Fintech (EMF) team.

Our team’s mission is to win new co-brand business in the US and Canada. The team is engaged across multiple functions within the Visa US organization to bring the very best of Visa’s expertise and assets to our clients, earning well-qualified wins to drive revenue growth while building trust and growing engagement and satisfaction among teammates, partners and clients.

The Director, Co-Brand and Partnership Development is responsible for leading and executing a Co-brand and broader partnership development strategy for one of the key verticals on the team.  This role requires leadership, vision and creativity to develop the Co-brand strategy, drive the expansion of Visa products and solutions, and lead the overall commercialization of Visa’s business development objectives.

This role will report directly to the Senior Director, Head of North American Co-Brand Business Development This role will collaborate with key executive leadership from functions across Visa such as EMF sales leaders, issuer account leaders, marketing, technology, customer support, and product teams. Externally, this role will collaborate with senior executives at merchants, issuers and consultants.

Key Responsibilities:

  • Lead business development and own P&L for high priority co-brand opportunities in North America including renewals, net new opportunities, and takeaway engagements.
  • Develop and manage the US Co-brand sales pipeline including prospect prioritization, sales strategy and cross functional collaboration for a designated industry vertical
  • Drive pitch and proposal development and lead external discussions and negotiations with the client to secure new business.
  • Drive cross-functional discussions with the relevant stakeholders to construct Visa’s value story and lead internal alignment.
  • Lead strategic initiatives that define Visa’s long-term approach and demonstrate thought leadership to our partners.
  • Serve as internal and external thought leader responsible for communicating Visa's Co-brand and partnership vision, strategy and perspective within a rapidly evolving industry.

This position can be located at any Visa office.

 

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.

Average salary estimate

$150000 / YEARLY (est.)
min
max
$120000K
$180000K

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What You Should Know About Director, Business Development Executive, Visa

As the Director, Business Development Executive at Visa in San Francisco, you'll be stepping into a dynamic role that is pivotal to our Co-brand business development team. This team is on a mission to expand our co-brand business across the US and Canada, and we need someone with vision and creativity to lead the charge. In this position, you'll be responsible for developing and executing a comprehensive partnership development strategy for key verticals, connecting with executive leaders within Visa and our external partners. Your job will involve building strong relationships, managing a robust Co-brand sales pipeline, and driving strategic initiatives that define Visa’s long-term approach. Collaboration is at the heart of what we do; whether it's aligning with sales leaders, technology teams, or external stakeholders, your leadership will play a crucial role in ensuring we secure new business opportunities and drive revenue growth. With responsibilities including overseeing P&L for high-priority engagements and negotiating partnerships, your contributions will significantly influence Visa's market presence. We're a hybrid workplace encouraging flexibility, so you will enjoy a blend of remote and in-office work, making it ideal for someone who thrives in a collaborative environment. If you're ready to make a real impact and take your career to new heights in business development, this could be the perfect role for you at Visa.

Frequently Asked Questions (FAQs) for Director, Business Development Executive Role at Visa
What are the primary responsibilities of a Director, Business Development Executive at Visa?

The Director, Business Development Executive at Visa is crucial for leading business development initiatives and managing the P&L for high-priority co-brand opportunities. Key responsibilities include developing the US co-brand sales pipeline, driving pitch and proposal development, securing new business through negotiations, and fostering cross-functional collaboration with important stakeholders. This role is also about serving as a thought leader in the industry, demonstrating Visa's value proposition while building trust and engagement with partners and clients.

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What qualifications are needed for the Director, Business Development Executive position at Visa?

To excel as a Director, Business Development Executive at Visa, candidates should possess extensive experience in business development, especially within a co-brand or partnership context. A proven track record in managing complex negotiations and executing sales strategies is essential. Additionally, leadership skills, strong financial acumen for managing P&L, and the capability to collaborate with executives across diverse functions are crucial for success in this role.

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What does the hybrid work model look like for the Director, Business Development Executive at Visa?

The Director, Business Development Executive at Visa will enjoy a hybrid work model, balancing remote work with in-office days. Employees are expected to work from the office 2-3 set days a week, determined by leadership based on business needs. This flexibility allows for collaboration, team engagement, and the ability to work from the comfort of home, fostering a healthy work-life balance.

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How does the Director, Business Development Executive contribute to Visa's long-term strategy?

In the role of Director, Business Development Executive at Visa, you'll lead strategic initiatives that shape the company’s long-term approach. This includes communicating Visa's Co-brand and partnership vision while ensuring alignment across various internal teams and external partners. By driving innovative sales strategies and enhancing partnerships, you directly influence Visa’s market expansion and competitive positioning.

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What skills are most important for success as a Director, Business Development Executive at Visa?

Key skills for success as a Director, Business Development Executive at Visa include strong strategic thinking, excellent negotiation skills, and the ability to manage complex projects across different teams. Effective communication is essential for presenting Visa's value story to stakeholders, while leadership skills are necessary to guide teams and foster collaboration. A thorough understanding of the co-brand landscape and financial metrics is also crucial for driving business results.

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Common Interview Questions for Director, Business Development Executive
Can you describe your approach to developing a business development strategy?

When developing a business development strategy, I start by thoroughly analyzing market trends and identifying potential partnerships that align with the company's vision. Collaboration with cross-functional teams is key to understanding the needs of various stakeholders and leveraging existing resources effectively. Finally, I ensure that the strategy includes strong metrics for evaluation and adaptation as the market evolves.

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How do you prioritize your sales pipeline for maximum impact?

Prioritizing a sales pipeline begins with assessing potential opportunities based on factors like market potential, customer needs, and alignment with our strategic goals. I utilize data-driven insights to identify high-priority prospects while ensuring that I also allocate time for nurturing longer-term relationships. This balanced approach helps to secure immediate wins while building a sustainable pipeline.

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What experience do you have with negotiations in a business development context?

I have extensive experience negotiating partnerships and co-brand agreements. My approach focuses on thorough preparation, understanding both parties' interests, and building rapport. I aim for win-win outcomes that not only secure the partnership but also lay the foundation for long-term collaboration. Regular follow-ups post-negotiation ensure that commitments are met, and relationships are maintained.

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How do you measure the success of business development initiatives?

Measuring success in business development requires defining clear key performance indicators (KPIs) such as revenue growth, new client acquisition, and the success rate of partnership proposals. Regularly reviewing these metrics allows me to assess the effectiveness of our strategy and make informed decisions about necessary adjustments or new initiatives.

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What strategies do you employ to foster collaboration within cross-functional teams?

To foster collaboration among cross-functional teams, I advocate for open communication and clear goal-setting. Regular check-ins and collaborative brainstorming sessions ensure everyone is aligned with the same objectives. Additionally, promoting a culture of shared success helps motivate teams to work together towards achieving common goals.

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Describe a time when you successfully led a strategic initiative.

In a previous role, I led a strategic initiative focused on expanding our co-brand partnerships in a new vertical. I initiated a comprehensive market analysis, then gathered a cross-functional team to brainstorm potential partners. Through persistent outreach and tailored proposals, we secured partnerships that significantly increased our market share and revenue.

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How do you stay updated on industry trends and competitive landscape?

I stay updated on industry trends through a combination of following key publications, attending conferences, and engaging in professional networks. Regular interactions with clients and partners also help me gain insights into the competitive landscape and emerging trends, ensuring that our strategies remain relevant and effective.

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How would you communicate Visa's vision to external partners?

Communicating Visa's vision to external partners involves presenting a clear, engaging narrative that outlines our goals, values, and the mutual benefits of partnership. I focus on personalizing the message for each partner, ensuring it resonates with their needs and priorities, while also highlighting how collaboration with Visa can drive their success.

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What role does customer feedback play in your strategy development?

Customer feedback plays a crucial role in strategy development as it provides direct insights into the client experience and market needs. I prioritize gathering and analyzing feedback to inform our approach, ensuring we tailor our offerings and address any gaps. This customer-centric strategy not only improves our products but also strengthens client relationships.

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Why do you want to work for Visa as a Director, Business Development Executive?

I want to work for Visa because of its commitment to innovation, integrity, and excellence in the financial services industry. The opportunity to lead business development initiatives that leverage Visa's expertise and expansive network aligns perfectly with my passion for driving impactful partnerships and contributing to transformative change in the industry.

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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
April 3, 2025

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