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Sales Executive, Issuer Processing Services - job 7 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

Join the dynamic team at Visa as a Sales Executive in Issuer Processing Services, where you'll be at the forefront of driving sales strategies for US Financial Institutions. In this role, your mission will involve not only selling issuer payment processing services to medium and large financial institutions but also crafting and maintaining pivotal partnerships that enhance our business relationships. With a consultative sales approach, you will identify unique account strategies and work closely with internal and external partners to maximize the performance metrics of their payment portfolios. You'll take the lead in negotiating contracts, expanding existing relationships, and developing new sales opportunities that align with clients’ business objectives. Your insights will shape functional strategies, contribute to product development, and support marketing initiatives to launch innovative products in the financial sector. This is a senior-level position that requires a blend of operational and technical leadership within a hybrid work environment—split between remote and office working days. If you're enthusiastic about creating revenue opportunities and have a passion for the financial services industry, Visa offers an exciting opportunity for you to make a significant impact.

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

As a Sales Executive in Issuer Processing Services at Visa, you'll be responsible for developing and executing customized account plans, creating new sales opportunities, and negotiating contracts with financial institutions. This role involves expanding partnerships and utilizing a consultative sales approach to meet client needs effectively.

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What qualifications are needed for a Sales Executive position at Visa?

To be considered for the Sales Executive role at Visa, candidates typically need a strong background in sales, knowledge of financial institutions, and proven experience in developing sales strategies. Excellent communication skills and the ability to foster relationships at various levels within client organizations are essential.

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How does the Sales Executive role contribute to Visa's growth?

The Sales Executive in Issuer Processing Services plays a crucial part in Visa’s growth by driving revenue through the sale of issuer payment processing services, developing key account strategies, and assisting in product launches. Your efforts in establishing and nurturing client relationships will directly affect the company's market share.

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What is the work environment like for a Sales Executive at Visa?

As a Sales Executive at Visa, you will enjoy a hybrid work environment that allows flexibility between remote work and in-office collaboration. This structure fosters productivity while ensuring you can engage closely with your team and clients, balancing autonomy with teamwork.

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What is the impact of a Sales Executive's work on client relationships at Visa?

A Sales Executive at Visa plays a pivotal role in maintaining and strengthening client relationships by developing a deep understanding of clients’ business needs. By providing tailored solutions and maintaining open communication, you'll ensure sustained partnerships that lead to mutual success.

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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, I start by conducting thorough market research to identify trends and customer needs. I then tailor my approach to each institution by focusing on their specific business objectives and the unique challenges they face, ensuring that my strategy aligns with their goals.

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

Certainly! In a previous role, I negotiated a service agreement with a mid-sized bank by highlighting our unique value proposition. I focused on their needs and concerns, which allowed us to reach a mutually beneficial agreement that resulted in a significant increase in revenue for both parties.

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How do you build and maintain relationships with clients?

Building and maintaining client relationships starts with active listening and understanding their goals. I schedule regular check-ins and provide updates, ensuring continuous dialogue. I also make it a point to address any issues promptly and consistently exceed their expectations where possible.

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What role does teamwork play in your sales process?

Teamwork is integral to my sales process. I collaborate closely with marketing, product development, and operations teams to align our strategies and ensure we deliver comprehensive solutions that meet client needs effectively.

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What strategies do you use to identify new sales opportunities?

I utilize a combination of market analysis, customer feedback, and competitor assessments to identify new sales opportunities. Networking within industry events and keeping up with financial sector trends also helps me stay ahead and be proactive in my approach.

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How do you customize your sales approach for different clients?

I tailor my sales approach by first understanding each client's unique business model and challenges. I then adjust my communication style and proposed solutions to reflect their specific needs, ensuring that my pitch resonates with their objectives.

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What challenges have you faced in sales, and how did you overcome them?

One major challenge I faced was dealing with a client who was hesitant to change their existing payment processing system. I organized a comprehensive demonstration of our services, including testimonials from similar clients, which helped alleviate their concerns and led to a successful conversion.

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How do you track and measure your sales performance?

I use a combination of CRM software and performance metrics to track my sales activities, pipeline progress, and results. Regular reviews of my performance against targets help me identify areas for improvement and adjust my strategies as needed.

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What do you think is critical in a consultative sales approach?

I believe that a consultative sales approach hinges on building trust and understanding client needs deeply. It’s about asking the right questions, actively listening, and providing solutions that genuinely add value to their business, rather than just pushing a product.

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How do you handle rejection or lost sales?

Handling rejection is part of sales. I view it as a learning opportunity. After a lost sale, I typically reach out for feedback to understand their decision better. This reflection helps me refine my approach for future opportunities and improves my resilience.

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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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