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Director, VCA Managed Services - Operations - job 1 of 2

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

Visa Consulting and Analytics (VCA) is the externally-facing strategy consulting group of Visa.  We draw on our expertise in strategy consulting, data analytics, and pragmatic industry experience to develop fact-based recommendations to improve client performance.  Our clients span the continuum of companies that participate in the payment card industry, to include financial institutions, merchants, fintechs, acquirers, and payment processors.  VCA Managed Services is a suite of service offerings that together help drive the future growth of the VCA organization, enabling our clients to implement the recommendations derived through strategic advisory engagements.

As the Director, VCA Managed Services - Operations, you will be the General Manager responsible for growing a critical managed services pillar.  This pillar provides services that enable Visa clients to plan, manage, and execute strategic business processes and programs more effectively.  Representative engagements could include providing a leading banking client with highly specialized teams to carry out a large, multi-year migration of commercial card clients from one platform to another, and managing a merchant loyalty platform on behalf of a global co-brand card issuing bank.

The Operations pillar is the largest of the various VCA Managed Services offerings.  As such this role offers the right General Manager a unique opportunity to take the reins of a strategic, growing, and multi-faceted book of business.

You will be ultimately responsible for achieving quarterly and annual revenue targets.  You will ideate, develop, price, sell, and oversee the delivery of services that improve client operational and business process performance.  You are 'a natural' in front of clients, including SVP+ leadership stakeholders, and can use that skill set to tailor new and existing services to meet their needs.  You are excited by the prospect of measuring your success through attainment of revenue growth targets. 

The successful candidate will be a seasoned consultant, entrepreneur, and general manager who can partner across Visa client types.  The role will identify common client needs, develop offerings that leverage Visa’s extensive capabilities, subject matter expertise, and third-party partners, price the solution appropriately, pitch the client, close the sale, and oversee delivery.  The role will collaborate with a host of internal and external partners to develop, sell, and deliver solutions.  This person will articulate the value proposition to clients, customize the offerings as needed to address client feedback, and ultimately close the sale.  The team member will be able to flex across various client stakeholders, to include those in digital, data sciences, marketing, CRM, payments, and fraud/risk.     

For clarity, this leader will not be involved in the day-to-day execution of client business processes.  Rather, this leader will engage at more of an executive steering committee level to ensure that delivery teams are scoped appropriately and are delivering against client goals and objectives, making any necessary course corrections.

Responsibilities:

Consultative Selling

  • Uncover client needs, challenges, and opportunities with respect to managed services
  • Present solutions to clients that address their needs
  • Quantify the value and differentiation of the solution for clients
  • Identify the client decision-making stakeholders and processes  

Offering Development

  • Identify white space challenges and opportunities across client sets
  • Develop bespoke and scalable products leveraging Visa assets and, as needed, third-party partner assets
  • Identify third-party partners who can complement and supplement solution sets
  • Define the value proposition and develop sales collateral, including sales presentations and 'tear sheets'
  • Develop product pricing strategy, ensure product profitability

Solution Delivery

  • Strong project/program management skills
  • Demonstrated experience delivering flawlessly

Customer Centricity

  • Strong executive presence
  • Speak to technical and non-technical aspects of solutions
  • Be comfortable working across the spectrum of Visa clients, from institutional banking relationships to fintech startups 

Industry Knowledge

  • Maintain deep understanding of competitive environment for Visa solutions
  • Leverage that understanding to shape solutions that differentiate Visa

Communications

  • Demonstrate executive presence in leading conversations with clients
  • Communicate across functional stakeholders (for varying levels and technical expertise)
  • Incentivize cross-functional teamwork by aligning cross-functional incentives
  • Possess strong diplomacy skills and fosters goodwill between different groups
  • Coach teams 

People Leadership

  • Demonstrate ability to structure a team and lead high-performers to even higher performance levels

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

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 Qualification 

  • 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
  • Master’s degree in Business
  • Bachelor’s degree in Engineering or Computer Science
  • 10+ years consulting and consulting sales experience with a top-tier consulting firm
  • Experience managing and/or optimizing complex business processes
  • Demonstrated ability to sell solutions
  • Strong analytical and quantitative skills, ability to measure the financial impact to a client
  • Entrepreneurial mindset energized by the possibility of building a new business
  • Knowledge of the competitive environment across segments
  • Collaborative approach with internal and external partners
  • Resilient in navigating through ambiguity and translating the theoretical to applicable
  • Growth mindset that embraces creativity, optimism, and failing-fast

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 $153,600 to $235,900 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

$194750 / YEARLY (est.)
min
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$153600K
$235900K

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What You Should Know About Director, VCA Managed Services - Operations, Visa

Are you an experienced leader in the consulting world with a passion for driving growth and creating impactful service offerings? If yes, Visa has the perfect opportunity for you! As the Director of VCA Managed Services - Operations, based in Ashburn, VA, you will take the helm of a critical managed services pillar at Visa Consulting and Analytics (VCA). Your mission will be to lead a dynamic team that helps our diverse clients—including financial institutions, payment processors, and fintechs—to effectively plan, manage, and execute crucial business processes. You'll be tasked with developing tailored solutions that meet client needs while achieving meaningful revenue targets. Your consultative selling skills will be essential as you engage with high-level stakeholders, uncover their challenges, and present bespoke service offerings that leverage Visa's robust capabilities. A typical day may find you collaborating with both internal partners and third-party associates, ensuring the success of complex engagements like migrating clients to new platforms or managing large loyalty programs. With strategic vision and an entrepreneurial mindset, you'll enhance the operational performance of our clients while nurturing relationships that drive Visa's growth. If you’re ready to elevate your career and make a real difference in the payments industry, the Director, VCA Managed Services - Operations position at Visa is where you want to be.

Frequently Asked Questions (FAQs) for Director, VCA Managed Services - Operations Role at Visa
What are the main responsibilities of the Director, VCA Managed Services - Operations at Visa?

As the Director, VCA Managed Services - Operations at Visa, you will be responsible for leading the operations pillar of the managed services division. Your key responsibilities will include uncovering client needs, developing tailored solutions, overseeing service delivery, and ensuring that your team achieves quarterly and annual revenue targets. You will work closely with stakeholders from various sectors including financial institutions, merchants, and fintech companies, ensuring that Visa’s offerings effectively address their challenges.

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What qualifications are necessary for the Director, VCA Managed Services - Operations role at Visa?

To qualify for the Director, VCA Managed Services - Operations role at Visa, candidates should ideally have over 12 years of work experience, with a Bachelor’s Degree or an Advanced Degree such as an MBA or Master’s. Experience in a top-tier consulting firm, strong analytical skills, and a proven track record in managing complex business processes are also essential for success in this position.

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How does the Director, VCA Managed Services - Operations contribute to Visa's growth?

The Director, VCA Managed Services - Operations plays a pivotal role in Visa’s growth by developing and executing service offerings that address the specific needs of clients. By engaging in consultative selling and collaborating with various internal and external partners, this role focuses on customizing solutions that drive operational improvements, thus generating significant revenue for Visa.

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What skills are crucial for a successful Director, VCA Managed Services - Operations at Visa?

Critical skills for a successful Director, VCA Managed Services - Operations at Visa include strong consultative selling abilities, excellent project management skills, a deep understanding of client needs across different industries, and the ability to communicate effectively with both technical and non-technical stakeholders. An entrepreneurial mindset and resilience in navigating challenges are also essential for leveraging Visa’s capabilities to serve clients effectively.

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What is the potential salary range for the Director, VCA Managed Services - Operations position at Visa?

The salary range for the Director, VCA Managed Services - Operations position at Visa is estimated to be between $153,600 to $235,900 USD per year. This range may include potential sales incentives and varies based on factors such as knowledge, skills, experience, and location. Additionally, this role may be eligible for bonuses and equity, along with a comprehensive benefits package.

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Common Interview Questions for Director, VCA Managed Services - Operations
Can you describe your experience in consultative selling as it relates to the Director, VCA Managed Services - Operations role?

In an interview for the Director, VCA Managed Services - Operations position, highlight your past experiences where you've successfully identified client needs and presented tailored solutions. Focus on specific metrics or achievements that demonstrate your ability to drive sales and client satisfaction through consultative selling techniques.

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What strategies would you use to develop new service offerings at Visa?

Discuss your approach to market research and client feedback that informs new service offerings. Emphasize the importance of analyzing the competitive landscape and leveraging Visa's extensive resources to create innovative, scalable solutions that align with client needs.

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How do you ensure successful delivery of complex projects in a managed services environment?

Explain your project management strategies, including how you set clear goals, monitor progress, and communicate with stakeholders. Highlight your experience in overseeing delivery teams while ensuring they stay aligned with client objectives and timelines.

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How do you handle client objections during the sales process?

Discuss your techniques for active listening to fully understand client concerns and objections. Share examples where you've successfully addressed these objections with data-driven responses and drawn from past experiences to build trust and credibility.

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Can you share an example of a time you led a team to achieve high performance?

Provide a specific example of a team you led to exceed performance goals. Discuss how you motivated the team, fostered collaboration, and leveraged each member's strengths to drive success, while also emphasizing your people leadership skills.

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What do you believe sets Visa apart from its competitors in the payments industry?

Articulate your understanding of Visa's unique value propositions, such as its vast network, innovative technology, and commitment to security. You might also discuss the company's adaptability and customer-centric approach that enhances its competitive edge.

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How do you manage relationships with various stakeholders across different client types?

Describe your approach to relationship management, emphasizing adaptability. Share your strategies for understanding diverse client cultures and needs, and how you maintain open communication to align on goals and expectations.

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What role does data analytics play in your strategic decision-making process?

Highlight your expertise in utilizing data analytics to inform decisions and drive client outcomes. Provide an example where data insights helped shape a successful strategy or service offering, thus reflecting your analytical skills and business acumen.

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How do you keep your industry knowledge updated, particularly in the payments space?

Discuss your commitment to lifelong learning, including how you engage with industry publications, participate in conferences, and network with peers. Share any specific organizations or resources that help you remain informed on current trends and innovations.

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Why do you want to work at Visa in the role of Director, VCA Managed Services - Operations?

Express your enthusiasm for Visa's mission to innovate and secure payments globally. Connect that passion with your background and experience, illustrating why you see a great fit for yourself in helping to lead VCA Managed Services and drive growth.

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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
December 18, 2024

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