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Manager, Pricing Strategy

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

You will join the Product Pricing Strategy team responsible for product monetization and pricing strategy for Visa’s issuing solutions value-added products and services (VAS). It is a customer centric nimble team that strives to provide Visa a competitive edge and enable pricing to be leveraged as a strategic lever for growth.

The Manager will play a key role in accelerating VAS portfolio growth. He/she will act as a mentor to junior team members, supporting their project and analysis work and will report to the VP, VAS Pricing Strategy.

In this role, you will work closely with global product, regional solution, commercial operations and sales teams to define monetization and pricing/packaging strategy for the current and future products and services. You must be comfortable with analyzing large amounts of product data, conducting quantitative and qualitative market and competitive research, and helping influence and shape product and business strategy.

 

Essential Functions

  • Build strong understanding of our products’ value proposition relative to competition and develop pricing and packaging using value-based pricing approach.
  • Be market informed. Visa has a global footprint. Competition, market dynamics and commercial constructs varies by market. He/She is expected to develop pricing derived from the local market understanding and competitive landscape.
  • Build business cases for new monetization and packaging strategies and lead cross-functional effort to drive the initiatives to completion.
  • Independently create executive ready presentations. Influence senior executives across multiple teams to gain alignment on recommendations.
  • Continuously strive to simplify pricing constructs to simplify and accelerate sales motion.
  • Define pricing KPIs and measure the effectiveness of pricing changes to enable continuous improvement
  • Partner with sales operations team to execute on the pricing related updates.

Key Experience

  • Prior experience in corporate strategy, management consulting, product strategy or Go-To-Market strategy. Pricing strategy and payment experience preferred but not required.
  • Experience working in a global matrix organization with the ability to navigate complex structures and empower decision-making locally.
  • Experience supporting a B2B selling environment.
  • Demonstrated ability to make timely decisions, balancing analysis with decisiveness

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

Qualifications

Basic Qualifications
•5 or more years of relevant work experience with a Bachelors Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhD

Preferred Qualifications
• 6 or more years of work experience with a Bachelors Degree or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhD
• Prior management consulting, investment banking, pricing strategy, or corporate strategy experience is a huge plus
• Strong problem solving and time management skills
• Proficiency with MS Excel and experience with BI tools such as Tableau
• Experience supporting cross-functional initiatives and facilitating collaboration across Product, Sales, Marketing, and Strategy organizations
• Pragmatic mindset with intense focus on execution against client needs, articulation of value proposition and concrete market facing focus
• Financial acumen—ability to utilize sophisticated financial analyses to evaluate business opportunities and make strategic choices
• Must be results-oriented, and able to handle multiple urgent tasks and effectively deal with ambiguity
• Very comfortable receiving and giving feedback in a constructive manner

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 105,900.00 to 153,550.00 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

$129725 / YEARLY (est.)
min
max
$105900K
$153550K

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What You Should Know About Manager, Pricing Strategy, Visa

Are you ready to make a significant impact as the Manager of Pricing Strategy at Visa in Atlanta, GA? Visa is a global leader in payments and technology, and we're inviting you to join our dynamic Product Pricing Strategy team. In this role, you will be at the forefront of product monetization and pricing strategy for our value-added solutions that enhance customer experiences. This is more than just a job; it's an opportunity to shape our pricing strategies and drive growth for our innovative issuing solutions. You’ll work closely with global product teams, sales, and regional operations to develop comprehensive monetization strategies that align with market dynamics. Your analytical skills will shine as you sift through product data and conduct in-depth competitive research. You’ll also gain invaluable experience influencing senior executives and simplifying our pricing constructs. If you have a background in corporate or product strategy and you're passionate about shaping the future of payments, we want to hear from you! Join us at Visa and take part in our mission to connect the world through secure payment solutions that uplift everyone, everywhere. Experience the Life at Visa today!

Frequently Asked Questions (FAQs) for Manager, Pricing Strategy Role at Visa
What are the main responsibilities of the Manager, Pricing Strategy at Visa?

As the Manager of Pricing Strategy at Visa, you'll be pivotal in defining and executing monetization strategies for our value-added products and services. Your responsibilities will include conducting market research, developing pricing packages based on competition, presenting executive-ready recommendations, and measuring the effectiveness of pricing changes. You’ll lead cross-functional initiatives, mentor junior team members, and work collaboratively with teams across product, sales, and commercial operations.

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What qualifications are needed for the Manager, Pricing Strategy role at Visa?

To qualify for the Manager, Pricing Strategy position at Visa, you should have a minimum of 5 years of relevant experience, preferably in corporate strategy or management consulting, along with a Bachelor's degree. Candidates with advanced degrees or experience in pricing strategy or payment industries are highly preferred. Strong analytical skills, problem-solving capabilities, and proficiency in tools like MS Excel and Tableau are also essential for success in this role.

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What type of experience is beneficial for the Manager, Pricing Strategy position at Visa?

A background in management consulting, corporate strategy, or product strategy will be beneficial for the Manager, Pricing Strategy role at Visa. Experience in B2B environments, particularly in pricing strategy within payment services or financial technologies, will provide a significant advantage. The role requires understanding complex market dynamics and the ability to navigate a global matrix organization effectively.

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What is the work environment like for the Manager, Pricing Strategy at Visa?

The Manager, Pricing Strategy role at Visa operates in a hybrid work environment, allowing for a balance between in-office collaboration and remote work. You'll engage with a diverse team of professionals in a supportive atmosphere that encourages innovation. Expect to work on multiple projects simultaneously, utilizing your strong time management skills to meet the needs of this fast-paced, global organization.

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What personal qualities are important for success as a Manager, Pricing Strategy at Visa?

Success as a Manager of Pricing Strategy at Visa requires a results-oriented mindset, strong financial acumen, and the ability to simplify complex pricing constructs. You should be adept at communicating effectively and providing constructive feedback in a collaborative environment. A passion for driving client-centric value through strategic pricing will align well with Visa's mission and enhance your impact within the team.

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Common Interview Questions for Manager, Pricing Strategy
Can you describe your experience in pricing strategy and how it applies to the role of Manager, Pricing Strategy at Visa?

In your response, detail your previous roles involving pricing strategy. Highlight any specific methodologies you employed, such as value-based pricing, and provide quantifiable results from your strategies. Make sure to connect your past experiences to how they can benefit the Manager, Pricing Strategy position at Visa.

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How do you approach market research to inform your pricing decisions?

Discuss your process for conducting market research. Include how you analyze competitors, gather customer feedback, and how you translate findings into actionable pricing strategies. Stress the importance of data in shaping decisions and outcomes in the pricing context.

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What challenges have you faced in pricing strategy, and how did you overcome them?

Be prepared to share specific challenges you encountered, such as resistance to pricing changes or competitive pressures. Explain the steps you took to analyze the issues, collaborate with stakeholders, and ultimately resolve them, emphasizing problem-solving skills.

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How do you ensure that your pricing strategies align with a company’s overall goals?

Detail your approach to aligning pricing strategies with broader business objectives. Discuss your methods for collaborating with cross-functional teams to ensure that pricing reflects the value proposition and supports growth initiatives at Visa.

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Describe a successful pricing project you managed and its outcomes.

Provide a concise overview of a specific project where you developed or revised pricing strategies, highlighting the objectives, your role, the strategies used, and the measurable results achieved. Make it clear how this experience prepares you for the Manager, Pricing Strategy position.

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How do you measure the success of your pricing strategies?

Discuss the key performance indicators (KPIs) you consider when evaluating pricing strategies. Emphasize your experience with quantitative analysis and how you use feedback loops to make ongoing improvements based on market response and sales performance.

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In your opinion, what are the critical elements of a successful pricing strategy?

Articulate your perspective on the essential components of effective pricing strategies, such as understanding customer value, competitive positioning, and adaptability to market changes. Provide examples of how you incorporate these elements into your prior work.

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How do you handle feedback on your pricing proposals?

Describe your approach to receiving and implementing feedback. Emphasize your openness to constructive criticism, approachability, and how you leverage team input to refine pricing proposals to better align them with market demands.

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What tools and technologies have you utilized in your pricing strategy roles?

Make a list of relevant tools you have used, like MS Excel, Tableau, or specific CMMS. Illustrate how these technologies facilitated your analysis and improved decision-making in your pricing strategies.

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Why do you want to work as a Manager of Pricing Strategy at Visa?

Articulate your passion for Visa's mission and how it aligns with your career aspirations. Mention your excitement about using your skills to contribute to innovations in the payments industry, and describe what specifically attracts you to Visa's culture and values.

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Full-time, hybrid
DATE POSTED
April 3, 2025

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