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Sales Executive, Issuer Processing Services - job 16 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

$100000 / YEARLY (est.)
min
max
$90000K
$110000K

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’ll be at the forefront of driving our sales strategies for US Financial Institutions. This exciting position isn’t just about making sales; it's about forging lasting relationships with medium to large financial institutions. You’ll leverage your experience to develop customized account plans that not only increase sales volume but also enhance market share. Imagine collaborating with both internal teams and external partners to ensure smooth communication and relationship management. Your role is pivotal in identifying and negotiating the best contractual arrangements for our issuer payment processing services. With a consultative sales approach, you’ll ensure that client objectives are met and their payment portfolios are optimized. You’ll get to lead discussions, prepare proposals, and innovate strategies that open new doors while nurturing existing partnerships. Plus, this is a hybrid role, giving you the flexibility to work remotely while also enjoying valuable in-office interactions with your team. If you are ready to take on the challenge and contribute to the development of functional strategies at Visa, we would love to hear from you!

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

The Sales Executive at Visa is tasked with developing and executing sales strategies tailored to the needs of US Financial Institutions. Responsibilities include maintaining relationships with medium to large clients, negotiating contracts for issuer payment processing services, and collaborating with various internal teams to ensure a seamless sales process.

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What qualifications do I need to become a Sales Executive with Visa?

To become a Sales Executive at Visa, candidates should typically possess a strong background in sales within the financial services sector, proven negotiation skills, and an understanding of issuer payment processing. A Bachelor's degree in Business or a related field is often preferred, along with a demonstrated ability to develop account strategies and collaborate effectively with clients.

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How does the Sales Executive's role impact Visa's growth?

The role of a Sales Executive at Visa directly influences growth by identifying new revenue opportunities, expanding existing relationships, and crafting tailored account strategies that appeal to US Financial Institutions. Their output helps Visa maintain a competitive edge in the payment processing market.

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What is the work environment for the Sales Executive position at Visa?

The Sales Executive position at Visa offers a hybrid work environment, where employees can enjoy the flexibility of working remotely while also engaging face-to-face with their teams in the office. This balance helps foster a collaborative culture, essential for tackling complex sales strategies.

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What skills are essential for succeeding as a Sales Executive at Visa?

Successful Sales Executives at Visa should possess excellent communication and negotiation skills, a consultative sales approach, and a robust understanding of clients' business strategies in the financial sector. Being adaptable and innovative also plays a key role in effectively meeting clients' evolving needs.

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Common Interview Questions for Sales Executive, Issuer Processing Services
How do you develop account strategies for your clients?

When developing account strategies, I start by understanding the client's business model and their goals. I analyze performance metrics and market trends to craft a tailored approach that aligns with their payment processing needs. Being adaptable and solution-oriented is crucial.

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Can you give an example of a successful negotiation you've led?

In a previous role, I successfully negotiated a multi-year contract with a financial institution that involved extensive customization of services. My approach involved clearly understanding their needs, which allowed for a win-win scenario that reinforced our partnership.

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What techniques do you use to maintain client relationships?

I focus on regular communication and proactive engagement. By scheduling quarterly reviews and being available for their inquiries, I ensure that clients feel valued and supported. Building trust is key to maintaining long-term relationships.

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How do you keep up with industry trends relevant to payment processing?

I subscribe to industry publications, attend webinars, and participate in networking events to stay informed about emerging trends in payment processing. This knowledge allows me to provide relevant insights to clients, positioning Visa as a thought leader in the industry.

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What approach do you take when onboarding a new client?

During onboarding, I prioritize understanding the client's specific needs and objectives. I provide them with a comprehensive overview of our services and ensure a smooth transition by coordinating with internal teams to meet their requirements swiftly.

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How do you measure the success of your sales strategies?

Success is measured through key performance indicators such as revenue growth, client retention rates, and customer satisfaction scores. Regularly reviewing these metrics allows for adjustments to be made to my strategies to better align with client goals.

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Describe a time when you had to resolve a conflict with a client.

I once faced a conflict regarding service delivery timelines. I approached the issue directly with the client, listened to their concerns, and worked collaboratively to find a feasible solution. This transparency ultimately strengthened our relationship.

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How do you handle competing priorities in your sales role?

I prioritize tasks based on urgency and potential impact on business objectives. Utilizing time management tools and maintaining clear communication with stakeholders helps ensure that all priorities are addressed efficiently.

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What would you do if a client is unhappy with our services?

I would first seek to understand the root cause of their dissatisfaction by holding an open conversation. Then, I would work on a plan to address their issues, keeping them informed throughout the process to rebuild trust and confidence in our services.

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Why do you want to work as a Sales Executive at Visa?

I am drawn to the innovative culture at Visa and the opportunity to work with industry-leading technologies. I believe my background in financial services sales equips me well to contribute positively to Visa’s mission while helping clients achieve their payment processing goals.

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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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