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Sales Executive, Issuer Processing Services - job 9 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
$80000K
$120000K

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 have the unique opportunity to shape and drive growth strategies for major financial institutions across the U.S. By building strong relationships and leveraging your consultative sales approach, you'll help our clients enhance their payment processing services and achieve their business goals. Your main focus will be on selling issuer payment processing services to medium and large financial entities while negotiating contracts that support their operational needs. Collaboration is key in this role; you'll partner closely with both internal teams and external stakeholders to ensure seamless communication and delivery of our services. Your responsibilities will also include crafting tailored account plans that expand existing relationships and identify new revenue opportunities. You're going to play a vital part in not just meeting, but exceeding, annual sales objectives while also contributing to new product launches and strategic initiatives. Since this is a senior-level position, your leadership abilities are crucial in mentoring team members and driving functional strategy. You'll get to dive deep into the evolving landscape of client needs and help develop innovative approaches that keep Visa at the forefront of payment processing solutions. Plus, with the flexibility of a hybrid role, you'll enjoy a balanced work life that accommodates both remote and in-office collaboration. If you are someone who thrives in a fast-paced, relationship-oriented environment and is passionate about making an impact, we’d love to hear from you!

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

The Sales Executive for Issuer Processing Services at Visa is tasked with developing and executing sales strategies tailored for U.S. financial institutions. This includes selling issuer payment processing services, negotiating contracts, and fostering long-term relationships with clients. The role also involves working collaboratively with various internal teams to implement account plans and maximize revenue gains from current and prospective accounts.

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What qualifications are required for the Sales Executive position at Visa?

Ideal candidates for the Sales Executive role at Visa should possess a solid background in sales, particularly within the financial services sector. A deep understanding of payment processing solutions is essential, along with strong negotiation and relationship management skills. Successful candidates typically have a four-year degree and extensive experience in functional sales roles, ideally focusing on financial institutions.

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What does a typical day look like for a Sales Executive at Visa?

A typical day for a Sales Executive at Visa involves a mix of client meetings, strategy development, and collaboration with internal teams. You might start your day reviewing sales targets and preparing proposals, followed by calls or meetings with financial institutions to discuss their payment strategies. You’ll also spend time analyzing market trends and adjusting your strategies to ensure continued growth in sales volume and market share.

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What skill set is essential for success as a Sales Executive at Visa?

Success as a Sales Executive at Visa hinges on a consultative sales approach, strong interpersonal skills, and the ability to analyze and understand client needs. Excellent communication is a must, along with strategic thinking and problem-solving skills. Additionally, the capability to work collaboratively across departments and lead projects will enhance your effectiveness in this role.

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Is remote work an option for the Sales Executive at Visa?

Yes, the Sales Executive position at Visa offers a hybrid work model, allowing you to work remotely and in the office. Employees are expected to work in the office 2-3 days a week, depending on business needs, making it a flexible option for those looking to balance remote and in-person collaboration.

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

When developing a sales strategy for financial institutions, begin by conducting thorough market research to understand their pain points and objectives. Tailor your approach based on their unique needs, emphasizing how Visa’s payment processing services can address these challenges. Using data and analytics to inform your strategy can also add credibility during your discussions.

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Can you describe a successful sales negotiation experience?

In answering this question, detail a specific instance where you successfully negotiated a deal. Highlight the preparation you undertook, the key elements you focused on during negotiations, and how you worked to find mutually beneficial outcomes. Always emphasize the importance of building relationships and understanding client needs.

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What methods do you use to identify potential clients in the financial sector?

To identify potential clients, leverage industry research, networking opportunities, and existing relationships. Utilize data analytics and CRM tools to pinpoint potential leads based on demographic and behavioral data. Continuous engagement in industry events can also help you stay informed about emerging financial institutions that might benefit from Visa’s services.

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How do you handle rejection or failure in sales?

Discuss how you view rejection as an opportunity for growth. Examine the situation to learn from it and continuously adjust your approach. It's crucial to maintain a positive attitude and keep pursuing new prospects while utilizing feedback to improve your sales techniques.

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How do you build and maintain relationships with clients?

Building and maintaining relationships with clients involves regular communication and active listening. Schedule consistent check-ins, be responsive to their needs, and offer solutions that align with their goals. Sharing valuable insights and being proactive helps establish trust and loyalty.

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What experience do you have with consultative selling?

Provide examples of how you have successfully used consultative selling techniques to engage clients. Describe situations where you assessed client needs and tailored your offerings accordingly, demonstrating the added value you provided through an understanding of their business goals.

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How do you keep track of your sales progress and targets?

In your response, explain how you use CRM systems to manage your sales pipeline, set reminders for follow-ups, and track performance against objectives. Additionally, emphasize the importance of maintaining organization and reviewing metrics regularly to ensure you are meeting your targets.

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What role does collaboration play in your sales approach?

Talk about the significance of collaboration in achieving sales success. Share examples of how you have worked with product management, marketing, and other teams to create a cohesive strategy that meets client needs while driving company goals.

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How do you approach competitive analysis in your sales strategy?

Share your methods for conducting competitive analysis to inform your sales strategy. Discuss how you gather information on competitors’ offerings and positioning, and how you leverage insights from this analysis to strengthen your proposals and value proposition.

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What motivates you to succeed in sales?

In your answer, reflect on both intrinsic and extrinsic motivators. Share personal stories that drive your passion for sales, whether it's achieving goals, helping clients succeed, or being part of a dynamic industry like payments that is constantly evolving.

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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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