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North America, Acceptance Solutions, Strategy Associate

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

The North America Acceptance Solutions Strategy Associate will be a key member of North America Acceptance Solutions Product Office, which is accountable for financial and operational performance of Acceptance Solutions in North America. 

This role will specifically be responsible for working with the head of Acceptance Solutions Strategy to understand the acceptance ecosystem in North America and key trends impacting its evolution, developing a strategy for how Visa can best develop a sustainable competitive position in this ecosystem, and help identify key go-to-market partners and potential M&A opportunities.  This individual will work closely with other teams across the organization to understand client needs and drive prioritization of Acceptance Solution focus areas.  This position is based in the San Francisco Bay area. Specific responsibilities include:

  • Work on projects or workstreams related to Visa’s acceptance strategy in North America
  • Helping to build and maintain a robust perspective on how the acceptance ecosystem is evolving, including key trends, major sources of uncertainty, disruptive changes, regulatory impacts, etc.
  • Performing ongoing competitive intelligence to understand how Visa is positioned compared to other players in the space
  • Structure and solve a wide range of business problems, collaborating and coordinating with a range of internal stakeholders to make recommendations.
  • Supporting Voice of the Customer activities to better understand how our clients view our offerings and corresponding opportunities
  • Support broader enterprise in articulating acceptance solutions strategy (e.g., marketing, external speaking arrangements, sales materials, etc.)
  • Develop rigorous, fact based, quantitative analysis to support recommendations. Ensure strategic and financial soundness and alignment for any recommendations
  • Communicate findings and recommendations to senior management, other executive, functional, or regional staff and management in a clear, concise and impactful way

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.

**Please note no sponsorship is available for this positoin (no H1B, OPT or other) -- no relocation package will be available and this role will be based in our San Francisco offices (HYBRID which is 50% in office) 

Qualifications

 

Basic Qualifications

  • 2 or more years of work experience with a Bachelor’s Degree or an Advanced Degree (e.g. Masters, MBA, JD, MD, or PhD)


Preferred Qualifications

  • 3 or more years of work experience with a Bachelor’s Degree or more than 2 years of work experience with an Advanced Degree (e.g. Masters, MBA, JD, MD)
  • 3 or more years of work experience with a Bachelor’s Degree or more than 2 years of work experience with an Advanced Degree (e.g. Masters, MBA, JD, MD)
  • Typically requires 2 years total experience in management consulting, corporate strategy, investment banking or equivalent
  • Experience in and/or significant exposure to the payments industry not required, but a plus
  • Ability to independently contribute to projects with multiple workstreams, with proven leadership success over a wide variety of functional business problems
  • Ability to structure and manage complex cross-enterprise projects and processes with multiple stakeholders at both senior and junior levels
  • Superior analytical and problem solving skills, with demonstrated intellectual and analytical rigor, attention to detail and ability to structure and analyze sophisticated financial modeling
  • Experience working with economic theories, strategic and prioritization frameworks, scenarios analysis, and competitive assessments. Knowledge of payment industry revenue drivers a plus.
  • Personal presence and ability to clearly communicate compelling messages to senior stakeholders and external business partners
  • Strong interpersonal and leadership skills to influence and build credibility as a peer with functional and regional leaders within Visa
  • Commitment to continuous training and improvement of employees throughout the corporate strategy function
  • Self-starter, team oriented, collaborative, diplomatic, and flexible, with excellent presentation skills, including strong oral and writing capabilities

**pls note no sponsorship is available for this positoin (no H1B, OPT or other) -- no relocation package will be available and this role will be based in our San Francisco offices (HYBRID which is 50% in office) 

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 117,600.00 to 141,150.00 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

$129375 / YEARLY (est.)
min
max
$117600K
$141150K

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 North America, Acceptance Solutions, Strategy Associate, Visa

Are you ready to make a significant impact at Visa? As the North America Acceptance Solutions Strategy Associate, you’ll be a crucial part of our Acceptance Solutions Product Office, focusing on the financial and operational performance in North America. You will dive deep into the acceptance ecosystem, uncovering trends that influence its evolution and shaping strategies that will position Visa as a leader in this dynamic space. Your work will involve engaging with various internal teams, understanding client needs, and identifying strategic market opportunities, including partnerships and potential M&A. You’ll not only analyze key trends and drive competitive intelligence but also contribute to articulating our acceptance solutions strategy across the enterprise. With a hybrid work model based in the vibrant San Francisco Bay area, you’ll enjoy a collaborative environment where your insights can shine. If you’re passionate about payments and technology and want to work for a purpose-driven company that’s connecting the world through safe and reliable transactions, then this role might just be for you. Join us, and let’s uplift everyone, everywhere, together!

Frequently Asked Questions (FAQs) for North America, Acceptance Solutions, Strategy Associate Role at Visa
What are the primary responsibilities of the North America Acceptance Solutions Strategy Associate at Visa?

The North America Acceptance Solutions Strategy Associate at Visa plays a pivotal role in analyzing and strategizing the acceptance ecosystem. Key responsibilities include developing and maintaining insights on market trends, conducting competitive intelligence, collaborating on cross-functional projects, and supporting voice of the customer initiatives. The associate will also assist in articulating the acceptance solutions strategy and communicating findings to senior management.

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What qualifications are preferred for the North America Acceptance Solutions Strategy Associate position at Visa?

For the North America Acceptance Solutions Strategy Associate role at Visa, preferred qualifications include a minimum of three years of relevant work experience, particularly in management consulting, corporate strategy, or investment banking. A bachelor's degree is required, and having an advanced degree like an MBA is a plus. Additional expertise in the payments industry and strong analytical and leadership skills are also desired.

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How does Visa support career development for the North America Acceptance Solutions Strategy Associate?

Visa prioritizes continuous training and professional growth for its employees, including those in the North America Acceptance Solutions Strategy Associate role. The company encourages a culture of improvement, offering opportunities for skill enhancement and leadership development through various programs and initiatives. Team collaboration and mentorship are also integral to fostering career progression at Visa.

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What is the work environment like for the North America Acceptance Solutions Strategy Associate at Visa?

Visa offers a hybrid work environment for the North America Acceptance Solutions Strategy Associate, allowing flexibility between remote work and in-office collaboration. Team members are expected to work in the office 2-3 days a week, fostering a dynamic and collaborative atmosphere where ideas can flourish and cross-functional teamwork is emphasized.

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What are the expected salary and benefits for the North America Acceptance Solutions Strategy Associate at Visa?

The estimated salary range for the North America Acceptance Solutions Strategy Associate position at Visa is between $117,600 to $141,150 annually, which may include bonuses and equity. In addition, Visa provides a comprehensive benefits package that includes medical, dental, vision coverage as well as a 401(k) plan, paid time off, and wellness programs.

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Common Interview Questions for North America, Acceptance Solutions, Strategy Associate
Can you explain your understanding of the payments ecosystem and its current trends?

To effectively answer this question, highlight your knowledge of how various stakeholders, such as consumers, merchants, and financial institutions, interact within the payments ecosystem. Discuss recent trends like the rise of digital wallets, contactless payments, and regulatory changes affecting the industry. Relating current events to Visa’s operations will demonstrate your insight.

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What experience do you have in strategic analysis and problem-solving?

When addressing this question, provide examples from your past roles where you conducted strategic analyses or solved complex business problems. Discuss specific methodologies you used, such as scenario analysis or competitive assessments, and how these led to actionable insights or recommendations that benefited your team or organization.

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How do you approach competitive intelligence in your work?

Explain your process for gathering and analyzing competitive intelligence. Discuss methods such as market research, analyzing competitor offerings, and utilizing data analytics tools. Emphasize the importance of maintaining a robust understanding of industry positioning and how it can impact strategic decisions at Visa.

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Can you describe a time when you collaborated with multiple stakeholders on a project?

Provide a specific example showcasing your collaboration skills. Highlight how you identified stakeholders, communicated effectively, and navigated different viewpoints to achieve a common goal. Emphasize the outcomes of the project and any feedback received that underlines your ability to work well with diverse teams.

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What methods do you use to communicate complex information to senior management?

Discuss your strategies for simplifying complex information. Explain how you tailor your presentations and reports to the audience's interests and level of understanding, utilizing data visualization tools or concise summaries. Showcasing your ability to distill crucial points while engaging senior management is key.

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How do you stay updated on industry changes and emerging trends?

Share your strategies for staying informed about the payments industry's trends and changes. Mention resources like industry reports, webinars, networking with professionals, or following influential thought leaders on platforms like LinkedIn. Highlight the importance of continuous learning in your professional development.

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Can you provide an example of how you implemented a successful strategy in a previous role?

Present a situation where you took the lead on developing and executing a strategy. Detail the steps you took, how you involved team members, and the impact your strategy had on the organization. Use metrics to quantify success wherever possible, which will impress the interviewers.

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What tools do you use for quantitative analysis and why?

Address this question by discussing the quantitative analysis tools you’re proficient with, such as Excel, Tableau, or statistical software. Explain how these tools help you in compiling data and creating actionable insights, and provide examples of how they were utilized in previous projects.

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In your view, what are the major challenges facing the payments industry today?

Discuss significant challenges like cybersecurity threats, regulatory compliance, and the need to adapt to rapidly changing consumer preferences in payments. Relate these challenges back to Visa and how the company could leverage its strengths to address them effectively.

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What leadership qualities do you think are essential in this position?

Highlight the importance of strong communication, strategic thinking, and interpersonal skills for leadership in the acceptance strategy role. Discuss your belief in fostering collaboration, creating an inclusive team environment, and driving results through empowerment and accountability.

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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
January 6, 2025

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