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Director, Network Innovation, Payment Processing - job 13 of 20

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Visa is seeking a seasoned Director to join the Network Innovation, Payment Processing in Visa Acceptance Solution team. This dynamic role is pivotal in driving the development and deployment of innovative payment solutions and ensuring compliance with payment network processing rules and specification. The successful candidate will collaborate with various Visa Acceptance Solutions teams such as various application owners, product management, solution engineering, regional sales and client services, to develop, integrate, and manage payment acceptance solutions, staying ahead of evolving trends in the payments space. She/He will also act as a risk champion for the Payment Processing team to ensure the emerging and existing operational risk controls are properly documented, monitored and mitigated. This role sits within the Network Innovation of Payment Processing team in Visa Acceptance Strategy.

Key Responsibilities

Strategic Planning: Develop and execute strategic plans for Visa Acceptance Solutions Payment Processing, aligning with the overarching goals of the Network Innovation and Processing Compliance.
Expertise: In-depth knowledge of payment processing of Network/ Acquirer/ processors / Third Party Payment Enabling Agents models to guide product development. Capable of digesting and interpreting network and processor connection technical documentation to drive consistent front end processing design and data persistency across multiple internal applications in transaction processing. Basic understanding and working knowledge of API development and publication.
Program and Project Management: Create and manage detailed roadmaps and program management plans for the rollout and enhancement of payment network processing initiatives.
Industry and Compliance: Stay abreast of industry changes, trends, payment network rules and compliance requirements, particularly related to transaction processing release cycles, fraud prevention, and cybersecurity trends. Analyze financial and brand impacts related to new mandates and ensure compliance requirements are integrated in product lifecycle management.
Collaboration: Work closely with cross-functional teams including Strategy, Sales, Product Development and Solutioning, to assess current Payment Processing capability gaps with the lasts network requirements and enablement capabilities. Establish close partnership with other Visa Acceptance Solution teams to oversee end to end user experience to drive holistic and efficient service design and build. Guide product development planning with compliance excellence as the core principle.
Innovation and Development: Drive the enablement capability of Network Services via Payment Processing in Visa’s Acceptance Solutions, continuously unlocking and releasing features and capabilities to meet evolving market needs.
Risk and Compliance Championship: Work closely with Business Risk Partner and service as a key point of contact on Acceptance Solution Payment Processing. Lead the overall network compliance management and product risk assessment. Provide guidance, support, and fostering collaboration amongst sales, product and engineer teams to achieve Visa Acceptance Solutions compliance objectives.
Metrics and Reporting: Lead ongoing risk self-assessment for Payment Processing. Define and monitor Key Risk Indicators for the team, ensuring clear visibility of performance and compliance to leadership and stakeholders.
Stakeholder Communication: Act as the central point of contact for internal and external stakeholders, communicating product impacts, compliance requirements, and program developments effectively.

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

Average salary estimate

$175000 / YEARLY (est.)

min

max

$150000K

$200000K

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What You Should Know About Director, Network Innovation, Payment Processing, Visa

Visa is on the lookout for a talented Director, Network Innovation in Payment Processing to join our lively team in Foster City. This exciting role is essential for spearheading the design and execution of groundbreaking payment solutions while ensuring that our operations align with all necessary compliance regulations. By partnering with a variety of teams, including product management, application owners, solution engineering, and regional sales, you'll play a crucial part in developing and managing our payment acceptance solutions. As a leader in risk management, you will focus on identifying and mitigating potential operational risks, ensuring all controls are well-documented and monitored. In this position, you'll not only participate in strategic planning but also leverage your expertise in payment processing models and navigate technical documentation effectively. Your ability to develop strong roadmaps and project plans will help to enhance our payment network processing initiatives. Staying updated with industry trends and compliance rules will be key to your success, especially when it comes to safeguarding our systems against fraud and cyber threats. With an emphasis on collaboration across the board, this role will see you working closely with various stakeholders to improve user experience and service design. You'll also take charge of leading ongoing risk assessments and defining performance metrics while communicating effectively with internal and external partners. If you’re ready to drive innovation and ensure compliance at Visa, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Director, Network Innovation, Payment Processing Role at Visa

What are the primary responsibilities of the Director, Network Innovation at Visa?

The Director, Network Innovation at Visa will primarily focus on developing strategic plans for payment processing, overseeing the integration of innovative solutions, managing projects, and ensuring compliance with industry requirements. This role involves working closely with cross-functional teams to bridge capability gaps and enhance user experiences.