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Sales Executive, Issuer Processing Services - job 11 of 21

Sales Executive, Issuer Processing Services, at Visa is responsible for developing, maintaining, and executing sales strategies for US Financial Institutions. This position is responsible for selling issuer payment processing services into financial institutions and negotiating contractual arrangements. The position will work closely with internal and external partners to ensure appropriate communication flows and sustained business relationships.

Potential customers are usually medium to large financial institutions.  This role is a senior level functional sales member/leader within the sales function. This role is responsible for developing account strategies to increase revenues from existing accounts and win new accounts. This role is responsible for ensuring implementation of annual goals and plans.

Essential Functions:

  • Develop and execute customized account plans to increase sales volume and market share within the financial institution sectors
  • Create new sales and revenue generating opportunities as appropriate
  • Expand existing relationships/partnerships through the selling of issuer payment processing services
  • Utilize a consultative sales approach that ensures that the client’s business objectives are met and that the performance metrics of their payment portfolios are maximized
  • Prepare proposals and negotiate contractual relationships with financial institutions for accepting and deploying issuer processing services
  • Continuously review client landscape and recommend, develop, and implement new and creative approaches to growing the Visa business
  • Assist marketing and product development in launching new products or expanding the penetration of existing products within current and new accounts
  • Contribute to the development of functional strategy
  • Provide operational or technical leadership within sales
  • Ensure implementation of annual goals and plans
  • Work closely with product management and other functions to understand all aspects of offers being sold to financial institutions and determine sales messages
  • Foster productive relationships at all levels with the client and the Visa organization
  • Develop an understanding of the customer's business including payment strategy across all product platforms
  • Actively participate and lead various ad-hoc internal projects as assigned
  • Participate in sales meetings and training activities

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.

Average salary estimate

$115000 / YEARLY (est.)
min
max
$90000K
$140000K

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 Sales Executive, Issuer Processing Services, Visa

As a Sales Executive for Issuer Processing Services at Visa in Highlands Ranch, you will be stepping into a pivotal role where you'll develop, maintain, and execute innovative sales strategies tailored for US Financial Institutions. Your mission is to spearhead the sale of issuer payment processing services, cultivating relationships with medium to large financial institutions. This isn’t just about closing deals – you’ll be negotiating contracts and forging strong partnerships that enhance our clients' success. Your consultative sales approach will ensure that you understand each client's business objectives, so you can align our solutions to meet their needs. You’ll prepare proposals, drive negotiations, and continuously look for creative ways to grow Visa's footprint in the payment processing landscape. On a day-to-day basis, you’ll be collaborating closely with marketing and product development teams to enhance our service offerings and ensure our strategies are on point. This senior-level role also involves leading internal projects and fostering productive relationships at all levels within the Visa organization. The hybrid nature of the job allows you to balance your time between remote work and our office, providing flexibility while ensuring you are engaged and collaborative with your team. If you are ready to take the next step in your career with a dynamic team focused on innovative payment solutions, this is the role for you.

Frequently Asked Questions (FAQs) for Sales Executive, Issuer Processing Services Role at Visa
What are the responsibilities of a Sales Executive, Issuer Processing Services at Visa?

As a Sales Executive for Issuer Processing Services at Visa, your responsibilities include developing tailored sales strategies for US Financial Institutions, negotiating contracts for payment processing services, and cultivating partnerships with medium to large financial institutions. You will also need to analyze client needs, prepare proposals, and lead various initiatives to enhance our service offerings.

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What qualifications are typically required for a Sales Executive, Issuer Processing Services position at Visa?

For the Sales Executive, Issuer Processing Services position at Visa, a strong background in sales, particularly within financial services, is essential. A bachelor's degree in business, finance, or a related field is usually preferred along with demonstrated experience in account management and strategic sales. Excellent communication and negotiation skills are crucial for success in this role.

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How does the Sales Executive, Issuer Processing Services contribute to Visa's growth?

The Sales Executive, Issuer Processing Services plays a vital role in Visa's growth by increasing revenue through the sale of issuer payment processing services. This involves both winning new accounts and expanding existing relationships, utilizing a consultative sales approach to ensure our solutions align with client needs and drive success.

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What is the work environment like for a Sales Executive, Issuer Processing Services at Visa?

The work environment for a Sales Executive, Issuer Processing Services at Visa is dynamic and collaborative. Employees enjoy a hybrid working model, splitting time between remote work and our Highlands Ranch office, which promotes flexibility. Regular interaction with internal teams and financial institution clients is a key part of the role, making professional relationships and teamwork vital.

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Are there opportunities for career growth as a Sales Executive, Issuer Processing Services at Visa?

Yes, there are plenty of opportunities for career growth as a Sales Executive, Issuer Processing Services at Visa. This senior level position allows you to develop leadership skills, participate in strategic decision-making, and take on various ad-hoc projects, all of which can pave the way for advancement within the company.

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Common Interview Questions for Sales Executive, Issuer Processing Services
How do you approach developing sales strategies for financial institutions?

In developing sales strategies for financial institutions, I start by conducting a thorough analysis of the market and understanding the unique needs of each client. I utilize a consultative sales approach which involves fostering open communication and ensuring our solutions align with their objectives, thereby creating tailored account plans that maximize engagement and revenue.

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Can you describe a successful negotiation you have conducted?

One successful negotiation involved a medium-sized financial institution where I identified their pain points and proposed a customized payment processing solution. By focusing on their needs and demonstrating the value our services would bring, I successfully negotiated a contract that significantly increased our market share within that account.

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What strategies do you use to expand existing client relationships?

To expand existing client relationships, I prioritize regular check-ins and updates to ensure their needs are being met. I also look for opportunities to introduce new services that align with their evolving business objectives, fostering a partnership approach that emphasizes mutual growth.

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How do you stay updated on industry trends related to payment processing?

I stay updated on payment processing trends by subscribing to industry newsletters, attending relevant conferences, and participating in webinars. I also engage with thought leaders on social media and follow emerging technologies to ensure I bring cutting-edge solutions to my clients at Visa.

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What is your experience in working with cross-functional teams?

I have extensive experience working with cross-functional teams, particularly in collaboration with marketing and product development. I believe that successful sales require input from all areas of the business, which is why I prioritize building strong relationships across teams to ensure our solutions meet client expectations and drive success.

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How do you handle rejection or failed sales efforts?

When faced with rejection, I view it as a learning opportunity. Analyzing what went wrong helps me refine my approach for future interactions. I focus on maintaining a positive attitude and continuously improving my strategies based on feedback and outcomes.

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What metrics do you consider when assessing the performance of your sales efforts?

When assessing the performance of my sales efforts, I consider metrics such as sales volume, account growth, customer satisfaction, and retention rates. These metrics provide a comprehensive view of my impact and help identify areas for further improvement in aligning with client goals.

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Describe a time you had to adapt your sales strategy mid-process.

I had to adapt my sales strategy for a key client during the implementation phase. By recognizing changes in their internal priorities, I adjusted our approach to focus on how our services could better align with their new objectives, which ultimately led to a successful outcome and strengthened our partnership.

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Why do you want to work as a Sales Executive, Issuer Processing Services at Visa?

I'm passionate about the payments industry and excited about Visa's innovative approach. Working as a Sales Executive in Issuer Processing Services provides an excellent opportunity to leverage my experience while contributing to a company that is at the forefront of payment solutions, helping clients achieve their goals.

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How would you leverage your previous sales experience in this role?

I would leverage my previous sales experience by applying my strong negotiation skills and consultative approach to understand client needs deeply. My ability to build meaningful relationships and create customized solutions will help drive Visa's growth within the issuer payment processing sector.

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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 3, 2025

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