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Director, Network Innovation, Payment Processing - job 17 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

$150000 / YEARLY (est.)

min

max

$120000K

$180000K

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

Visa is on the lookout for an exceptional Director of Network Innovation in Payment Processing to join our vibrant team in Foster City. This exciting leadership role is at the forefront of crafting and implementing cutting-edge payment solutions that not only adhere to payment network processing rules but also delight our clients and consumers alike. As a key player in our Visa Acceptance Solutions team, you’ll collaborate with diverse groups—including application owners, product management teams, and regional sales—to design, integrate, and manage innovative payment acceptance solutions. Your expertise in payment processing systems and API development will guide product enhancements while keeping you ahead of industry trends. In addition, you'll take the reins on risk management, ensuring all operational risks are identified, documented, monitored, and effectively mitigated. Working closely with cross-functional teams, you will enhance user experience across Visa's product offerings, ensuring compliance with industry standards and evolving regulations. Your strategic oversight will combine meticulous program management with the agility to innovate, ensuring our payment processing capabilities meet and exceed market expectations. If you're ready to lead in a dynamic environment where innovation thrives and payment processing evolves, this is the opportunity for you! We can’t wait to welcome a passionate leader who is determined to make a mark in the payments sector.

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

What are the key responsibilities of the Director, Network Innovation in Payment Processing at Visa?

The Director, Network Innovation in Payment Processing at Visa holds critical responsibilities that include strategic planning, providing deep expertise in payment processing systems, overseeing program and project management, and ensuring compliance with industry standards. They will collaborate with cross-functional teams and drive innovation while managing risk effectively.