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Sales Executive, Issuer Processing Services - job 17 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, Issuer Processing Services at Visa in Highlands Ranch, you'll be at the forefront of driving our sales strategies for US Financial Institutions. Imagine being the go-to person for selling our issuer payment processing services, forging strong relationships with medium to large financial institutions, and negotiating contracts that cater to their needs. Your day-to-day will involve crafting customized sales strategies that not only boost sales volume but also enhance our market share in this competitive sector. You'll thrive in a people-driven environment where you can leverage your consultative sales technique to truly understand the client's business goals and optimize their payment portfolios. Each day presents an opportunity to expand existing partnerships and create new revenue-generating avenues. Collaborating closely with our marketing and product teams, you'll play a pivotal role in launching groundbreaking products that resonate deeply with our clients. You'll not only be responsible for setting annual sales goals but will also actively participate in various internal projects, fostering an atmosphere of innovation and teamwork. Plus, it’s a hybrid position, giving you the freedom to work remotely while still collaborating in the office 2-3 days a week, all dictated by your team’s needs. Join Visa and be part of a dynamic team where your efforts make a meaningful impact on financial institutions and the broader payments landscape!

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

As a Sales Executive, Issuer Processing Services at Visa, your responsibilities include developing and executing sales strategies targeted at US Financial Institutions. You'll negotiate contracts, create customized account plans, and enhance existing relationships by promoting issuer payment processing services. Your role is strategic, focusing on increasing both sales volume and market share while ensuring client satisfaction through a consultative sales approach.

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What qualifications do I need to apply for the Sales Executive position at Visa?

To apply for the Sales Executive, Issuer Processing Services position at Visa, candidates typically need a strong background in sales, particularly within the financial services sector. A bachelor's degree in business or finance is often required, along with proven experience in account management and relationship building. Skills in negotiation, strategic planning, and communication are essential for success in this role.

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How does the hybrid work model affect the Sales Executive role at Visa?

The hybrid work model at Visa allows Sales Executives, Issuer Processing Services to alternate between remote work and being in the office. You'll generally be expected to work in the office 2-3 days a week, based on team requirements. This model supports flexibility while ensuring that collaborative efforts and team dynamics are maintained, enhancing your effectiveness in driving sales.

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What skills are needed for a successful Sales Executive at Visa?

Success as a Sales Executive, Issuer Processing Services at Visa requires a range of skills including excellent communication, negotiation, and relationship-building abilities. You'll need to leverage a deep understanding of customer needs in the financial sector and use a consultative sales approach to develop strategic plans that align with client objectives. Additionally, being able to adapt to changing market conditions will be crucial.

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What type of clients will a Sales Executive, Issuer Processing Services work with at Visa?

In the role of Sales Executive, Issuer Processing Services at Visa, you'll primarily engage with medium to large financial institutions. These clients require tailored payment solutions, and your role will focus on expanding relationships and ensuring that the services we provide meet their unique business objectives.

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

When developing sales strategies for financial institutions, start by conducting thorough market research to understand client needs and competition. Then, you can create customized sales plans that highlight the benefits of Visa’s issuer processing services. Sharing previous examples of successful strategies will also demonstrate your capability.

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Can you describe your experience with junior sales members?

In your answer, explain how you have mentored or guided junior sales staff, sharing specific methods you used to help them develop their skills. Highlight successful outcomes they achieved under your guidance to illustrate your leadership abilities.

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What is your strategy for client relationship management?

Detail your approach to building long-term client relationships, focusing on communication, trust, and delivering value. Discuss how you regularly check in with clients, seek feedback, and adapt solutions to meet their evolving needs.

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How do you stay informed about industry trends in payments?

Discuss your methods for staying updated, whether through industry publications, networking with professionals at conferences, or subscribing to relevant market research. Illustrate how this information can influence your sales approach.

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Describe a time you successfully negotiated a contract.

Prepare to share a specific anecdote where your negotiation skills led to a favorable outcome, emphasizing your preparation, understanding of client needs, and ability to find common ground that benefited both parties.

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What role does teamwork play in your sales approach?

Discuss your belief in collaborative sales efforts, providing examples of how you have worked effectively with marketing, product teams, and other colleagues to achieve sales goals. Highlight any joint projects that resulted in increased sales.

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How do you assess and prioritize leads?

Explain your lead assessment process, such as using criteria for qualification and scoring leads based on potential value and readiness to purchase. Share specific tools or methods you've successfully implemented in past roles.

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What strategies do you use to overcome objections from clients?

Discuss practical strategies for overcoming client objections, such as understanding their pain points, addressing concerns directly, and providing relevant data or case studies that reinforce the value of your solutions.

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How do you measure your sales performance?

Outline the metrics you track, such as revenue growth, the number of new accounts won, and client retention rates. Emphasize how this data informs your strategy and helps you adjust your sales tactics as necessary.

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

Focus on what excites you about Visa as a company, including its innovation in the payments industry, commitment to customer service, or its global reach. Connect this to your personal values and career aspirations to create a compelling case.

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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...

12080 jobs
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Full-time, hybrid
DATE POSTED
April 3, 2025

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