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Sales Executive, Issuer Processing Services - job 1 of 21

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

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.

Qualifications

Basic Qualifications:

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


Preferred Qualifications:

  • 9 or more years of relevant work experience with a Bachelor Degree or 7 or more relevant years of experience with an Advanced Degree (e.g. Masters,  MBA, JD, MD) or 3 or more years of experience with a PhD
  • Extensive industry expertise, knowledge of financial controls and legal impacts of contract management.
  • Minimum of 8 years business experience with related sales and client management experience.
  • Proven track record of successful sales and relationship management with proven ability to interact with C level executives within client organizations.  
  • Proven ability to manage & grow internal and external resources and cross functional relationships.
  • Proven ability negotiating business agreements and aptitude to develop new business partnerships.
  • Ability to work independently and in collaboration with high level of  success/achievement.
  • Excellent written and oral communication skills
  • Ability to communicate across all levels of an organization.
  • Proficient in Microsoft Word, Excel, and PowerPoint.
  • Ability to travel up to 30%. 

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 $175K to $230K  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

$202500 / YEARLY (est.)
min
max
$175000K
$230000K

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 in Issuer Processing Services at Visa, you’ll be at the forefront of a dynamic industry, driving sales strategies tailored for US Financial Institutions. You’ll develop robust account plans while maintaining strong relationships with medium to large financial institutions, helping them leverage our issuer payment processing services. With your expertise, you’ll be responsible for creating new revenue opportunities and expanding existing partnerships, ensuring that our clients’ business objectives align with the best practices in payment processing. Collaboration is key in this role, as you’ll work closely with internal teams like product management to deliver tailored solutions that meet client needs. Your role will include preparing proposals and negotiating contracts, which will require you to utilize your consultative sales approach deeply. With a focus on client success, you’ll continuously analyze the market landscape, recommending innovative strategies to enhance Visa’s presence. This hybrid position allows flexibility in your work environment, providing a perfect balance between remote work and in-office collaboration, essential for achieving the annual goals set for your team. If you're passionate about making an impact and partnering with clients to drive solutions that benefit not just their businesses but the broader community, this is the ideal opportunity for you. Join Visa and experience a supportive culture that champions innovation and collaboration while allowing you to thrive professionally and personally.

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

As a Sales Executive at Visa, your main responsibilities include developing sales strategies for US Financial Institutions, managing relationships with medium to large clients, and negotiating contracts for issuer payment processing services. You'll work on creating new sales opportunities while expanding existing accounts, ensuring that client business goals are met through a consultative sales approach.

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What qualifications are needed to become a Sales Executive at Visa?

To be a Sales Executive at Visa, you typically need at least 8 years of relevant work experience, preferably with a Bachelor's degree. Advanced degrees can also be a plus. It's important to have extensive sales and client management experience, especially in negotiating contracts and managing relationships with C-level executives within financial institutions.

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How is the work environment for a Sales Executive at Visa?

The work environment for a Sales Executive at Visa is hybrid, allowing employees to balance remote working and in-office time. Generally, employees are expected to work from the office 2-3 days a week, fostering collaboration while also enjoying the flexibility of remote work.

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

Success as a Sales Executive at Visa requires excellent communication skills to interact across all organizational levels, strong relationship management abilities, and the capability to develop new business partnerships. Proficiency in Microsoft Office tools and a proven ability to achieve sales targets are also essential.

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What is the salary range for a Sales Executive at Visa?

The salary range for a Sales Executive at Visa typically falls between $175K and $230K per year. This can vary based on experience, skills, and location, plus includes potential sales incentive payments, bonuses, and equity opportunities.

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

A strong response would detail your methodical process of analyzing market conditions, identifying key client needs, and aligning those with the products and services offered by Visa. Emphasize the importance of collaboration with internal teams to craft tailored solutions.

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Describe a successful sales negotiation you've led.

Highlight a specific example where your negotiation skills directly resulted in closing a significant deal. Discuss the strategies you employed, how you handled objections, and the outcome for both the client and Visa.

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How do you maintain relationships with large financial institutions?

Share your relationship-building strategies, emphasizing the importance of communication, regular check-ins, and understanding their evolving business objectives. Discuss tools or methods you use to keep track of these relationships.

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What challenges do you anticipate in this Sales Executive role and how would you overcome them?

Acknowledge potential challenges like market competition or changes in client needs. Illustrate your proactive measures for staying updated on industry trends and regularly seeking client feedback to adapt your approach accordingly.

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How do you prioritize and manage multiple client accounts effectively?

Describe your organizational skills and any systems or tools you use to keep track of client information, follow-ups, and deadlines. Stress the importance of setting priorities based on client needs and potential impact on revenue.

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Can you give an example of how you have used a consultative sales approach?

Share an anecdote where you took the time to understand a client’s unique challenges and proposed tailored solutions based on those insights, illustrating the value of a consultative approach.

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What do you believe sets Visa apart from its competitors in the payments industry?

Showcase your knowledge of Visa's strengths, such as innovation, security, and customer service. Discuss how these differentiators can be leveraged in sales conversations to attract clients.

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How would you describe your experience with contract management?

Talk about your hands-on experience in negotiating and managing contracts, including any relevant tools you've used, and how you ensure compliance and satisfaction for all parties involved.

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What metrics do you consider to evaluate your sales performance?

Identify key performance indicators like sales volume, customer acquisition cost, customer lifetime value, and how you utilize them to assess and adjust your sales strategies for better outcomes.

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How do you handle objections from potential clients?

Provide techniques you use to handle objections, such as active listening, empathizing with concerns, and responding with data-backed solutions that reinforce the value of Visa's offerings.

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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 11, 2025

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