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Sales Executive, Issuer Processing Services - job 15 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

$102500 / YEARLY (est.)
min
max
$85000K
$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 take the reins on developing and executing sales strategies tailored for U.S. Financial Institutions. This isn't just about selling payment processing services; it's about building and nurturing vital relationships with medium to large financial institutions. You will be at the forefront of crafting customized account plans aimed at boosting sales volume and market share, all while ensuring our clients’ business objectives are met through a consultative sales approach. If you're passionate about identifying new revenue-generating opportunities, negotiating contracts, and collaborating across teams to launch innovative products, then this role is perfect for you! Your day-to-day will involve preparing proposals, engaging in fruitful discussions with clients, and working closely with product management to fully understand the offerings. Plus, you’ll play a pivotal role in the strategic direction of our sales function and contribute to achieving our annual goals. With hybrid work flexibility, you have the chance to balance between office time and remote work. Join Visa and lead the charge in transforming how financial institutions process payments, while making meaningful connections along the way!

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

The Sales Executive role at Visa involves developing customized account plans, creating new sales opportunities, and maintaining strong partnerships with financial institutions. You’ll negotiate contractual agreements and ensure that clients' business objectives are met while maximizing the performance of their payment processing metrics.

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

Visa seeks candidates with a strong background in sales, especially within the financial sector. A consultative sales approach, excellent negotiation skills, and experience in building partnerships with medium to large financial institutions are crucial. A degree in business or a related field is often preferred.

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How does a Sales Executive at Visa contribute to the development of the functional strategy?

Sales Executives at Visa actively participate in shaping the functional strategy by assessing the client landscape and recommending innovative growth approaches. Their insights from direct interactions with financial institutions help inform the company’s overall direction and initiatives.

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

The Sales Executive role at Visa offers a hybrid work environment. Employees typically split their time between remote work and in-office attendance, with set days required in the office determined by leadership, making it a great blend of flexibility and collaboration.

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What types of companies does a Sales Executive at Visa typically work with?

At Visa, a Sales Executive will primarily engage with medium to large financial institutions, focusing on enhancing their issuer payment processing capabilities and providing tailored solutions that align with their strategic goals.

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Common Interview Questions for Sales Executive, Issuer Processing Services
What strategies do you use to develop relationships with financial institutions?

I focus on understanding the client’s business thoroughly, asking insightful questions, and providing tailored solutions that directly meet their needs. Building trust through consistent communication and delivering value is key.

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Can you describe a successful negotiation experience you've had?

In a previous role, I negotiated a contract with a large bank. I prepared thoroughly by understanding their unique challenges and positioned our services as solutions to those challenges, resulting in a win-win agreement that increased our partnership.

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How do you identify new sales opportunities within existing accounts?

I regularly review account performance and client feedback to identify underutilized services or new needs. I keep in close contact with clients to ensure I’m aware of any changes in their business that might create new opportunities.

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What metrics do you use to measure success in your sales role?

I track sales volume, account growth, and customer satisfaction metrics. These indicators help gauge the health of my relationships and the success of my strategies.

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Describe a time you had to work cross-functionally to achieve a goal.

I collaborated with product management on launching a new service. By integrating feedback from the sales team and coordinating with marketing, we were able to successfully launch the service, leading to increased client interest and sales.

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How do you stay updated on industry trends affecting financial institutions?

I subscribe to industry publications, participate in relevant webinars, and network with peers in the industry to stay informed about trends that could impact our offerings and strategies.

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What role does client feedback play in your sales strategy?

Client feedback is invaluable. I actively solicit it to refine our services and ensure that we’re meeting their needs effectively. It also helps in creating customized sales strategies that resonate with them.

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How do you handle objections from clients?

I listen carefully to understand the underlying concerns and provide relevant information or alternatives that address their issues. It's important to build rapport and reassure them of the benefits of our services.

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What techniques do you use to create compelling sales presentations?

I focus on tailoring presentations to the client’s specific business needs, using relevant data and case studies to illustrate benefits while keeping it engaging and interactive.

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

I admire Visa’s innovative approach to payment processing and its commitment to customer satisfaction. I am excited about the opportunity to contribute to such a dynamic company and help financial institutions achieve their 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...

11693 jobs
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Full-time, hybrid
DATE POSTED
April 3, 2025

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