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Manager, Pricing Strategy - job 2 of 3

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 112,100.00 to 162,600.00 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

$137350 / YEARLY (est.)
min
max
$112100K
$162600K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Manager, Pricing Strategy, Visa

If you're ready to lead the charge in the world of pricing strategy, Visa has an exciting opportunity for you as a Manager, Pricing Strategy in Austin, TX. At Visa, we are not just about payments; we are about connecting people, businesses, and economies in a way that empowers everyone everywhere. Join our dynamic Product Pricing Strategy team, where you will focus on monetization and pricing strategies for Visa’s value-added issuing solutions. Your analytical skills will be a game-changer as you dissect product data, explore market dynamics, and conduct competitive research. This role is perfect for those who thrive in a collaborative environment, as you'll work closely with teams across global product, regional solutions, sales, and commercial operations. You'll utilize a value-based pricing approach to shape our product offerings while developing thorough business cases for innovative pricing strategies. You'll help mentor junior team members while transforming complex pricing constructs into simpler, more effective designs. At Visa, we believe in striking the right balance between data-driven decision-making and decisive action. If you have a background in corporate strategy or management consulting and are keen to make a significant impact in a truly global industry leader, we want to hear from you. Come and take part in the journey of redefining how the world pays and gets paid. Excited yet? We are too!

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

As the Manager, Pricing Strategy at Visa, your primary responsibilities will involve guiding pricing strategies for Visa's value-added products and services. This includes analyzing product data, conducting market research, creating compelling business cases for new strategies, and collaborating with cross-functional teams. You will also mentor junior members, develop pricing KPIs, and create executive presentations that influence senior executives.

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

To qualify for the Manager, Pricing Strategy position at Visa, candidates should ideally have at least 5 years of relevant work experience, a Bachelor's degree, or advanced degrees such as an MBA or PhD. Experience in corporate strategy, pricing strategy, or management consulting is preferred, along with proficiency in data analysis tools and cross-functional teamwork. Strong decision-making skills and a results-oriented mindset are key attributes.

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How does the Manager, Pricing Strategy role at Visa contribute to product growth?

The Manager, Pricing Strategy plays a crucial role in accelerating product growth by defining monetization and pricing strategies that leverage Visa's comprehensive market understanding. This position requires a strategic mindset to build business cases, simplify complex pricing models, and measure the effectiveness of implemented changes, ultimately driving revenue and competitive advantage.

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

The Manager, Pricing Strategy position at Visa operates in a hybrid work environment, with an expectation regarding in-office days to be confirmed by the hiring manager. The role typically requires interaction in an office setting, involving various standard office tasks such as data analysis, team collaborations, and presentations.

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Common Interview Questions for Manager, Pricing Strategy
Can you explain your approach to developing a pricing strategy?

When developing a pricing strategy, I start by conducting thorough market research to understand competition and customer demands. I then utilize a value-based pricing approach, which considers both our product's value proposition and how it surpasses competitors. I ensure alignment with cross-functional teams to validate assumptions and fine-tune our offerings.

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How do you prioritize tasks in a fast-paced environment?

In a fast-paced environment, I prioritize tasks by assessing urgency and impact. I use a matrix to classify tasks based on their strategic importance and deadlines. Keeping open channels of communication with my team also helps in addressing priorities collaboratively.

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Describe a successful project where you influenced key stakeholders at your company.

In my last position, I led a project to revamp our pricing structure. I conducted extensive market analysis and presented my findings in easy-to-understand executive presentations. By involving key stakeholders early and soliciting their feedback, I secured their buy-in for the new strategy, which resulted in a significant revenue increase.

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What tools do you use for pricing analysis?

I’m proficient with tools like MS Excel for data manipulation and calculations, and Business Intelligence tools like Tableau for visualizing pricing trends. These tools allow me to analyze large datasets and derive insights efficiently to help inform strategic decisions.

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How do you ensure your pricing strategy remains competitive?

I constantly monitor market trends, competitor pricing strategies, and customer feedback. Regular meetings with the sales team provide insights on market dynamics, which I can incorporate into our pricing models. Continuous testing and adjustment ensure we stay ahead of the curve.

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Can you provide an example of how you simplified a complex pricing structure?

In my previous role, we had a convoluted pricing model that confused our sales team. I collaborated with cross-functional teams to create a simpler tiered pricing model that still represented our value. By clearly communicating the changes and providing training, we enhanced sales efficiency and improved customer understanding.

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What methods do you use to analyze customer feedback regarding pricing?

I use surveys, interviews, and analyzing sales data to capture customer feedback on our pricing. I also employ sentiment analysis on social media and online reviews to gauge customer perceptions. This comprehensive feedback helps me identify pricing opportunities and necessary adjustments.

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In your view, what is the most critical factor in pricing strategy?

The most critical factor in a pricing strategy is alignment with the product's perceived value and customer needs. Understanding what drives customer value allows us to set a price that reflects our product's worth while ensuring we remain competitive.

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How do you handle disagreements with team members on pricing decisions?

When disagreements arise, I encourage open dialogue to understand the underlying concerns. I believe that data-driven discussions yield the best outcomes, so I present relevant data and market insights to support my viewpoint while remaining receptive to new ideas.

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What do you think makes a successful Manager, Pricing Strategy?

A successful Manager, Pricing Strategy is someone who possesses a blend of analytical prowess, strategic thinking, and excellent communication skills. They must effectively navigate complex environments, build consensus among stakeholders, and continuously align strategies with changing market conditions.

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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 12, 2025

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