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Senior Director - Financial Institution Sales, NA Visa Direct - job 11 of 19

Company Description 

As the world's leader in digital payments technology, Visa's mission is to connect the world through the most creative, reliable, and secure payment network - enabling individuals, businesses, and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company's dedication to innovation drives the rapid growth of connected commerce on any device and fuels the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network, and scale to reshape the future of commerce. 

At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, and be part of an inclusive and diverse workplace. We are a global team of disruptors, trailblazers, innovators and risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, and doing meaningful work that brings financial literacy and digital commerce to millions of unbanked and underserved consumers. 

You're an Individual. We're the team for you. Together, let's transform the way the world pays. 

 

Job Description 

 

Position Summary 

Visa Direct is a money movement solution that Visa provides to clients (issuers, acquirers, processors, merchants and service providers) to facilitate domestic and cross-border fund transfers disbursements using debit card credentials, bank account information or digital wallet addresses around the world.  In the U.S., Visa Direct supports pull and push money movements, i.e., Original Credit Transaction (OCT) and consumer and business applications including real-time bank account funding (AFT), person to person (P2P) transfer, person to micro-business transfer (e.g., payments to landscaper), and funds disbursement (e.g., insurance claim disbursements).  Currently, the NA push payments market globally is estimated to be a USD13T opportunity and there is over USD700B in cross border payments originating from North America. Over the past years we have invested in establishing competitive payment rails and superior market readiness, and we are now ready to focus aggressively on cross border growth. 

Senior Director of Financial Institutions, North America Visa Direct, has ownership and accountability of regional bank and community bank sales opportunities across all Visa Direct product capabilities and endpoints (e.g. international collections, multicurrency wallet and FX services, disbursements to card, account and wallet).  This role will manage a team of sales professionals to own and deliver on aggressive sales targets against these highly visible and challenging client types.  

Purpose and Scope 

Own and deliver the entire annual sales target across regional banks and community banks. 

Develop and lead a team of sales professionals and establish clear organization model  

Support and engage senior Visa Account Executives to build, manage, and execute on a robust pipeline of sales opportunities across their accounts 

Directly engage with client executives to sell, close, and scale all aspects the Visa Direct money movement suite of capabilities 

Partner directly with FI technology providers or enablers to drive joint pipeline conversion  

Influence and drive commercialization strategy across clients’ AEs for the region and across cross-functional stakeholders (marketing, digital sales, comms, finance, etc.) for all use cases and VD capabilities 

Accountable for driving RFP’s and presentations for money movement including developing, managing, and coordinating pitch materials and financial incentives 

Provide market insights and client feedback to internal teams to influence Visa Direct strategy and product roadmap  

Collaborate with internal finance, legal, and deals team stakeholders to remove internal blockers and friction to speed sales execution and drive stronger commercial outcomes for the team 

Directly lead and engage global client sales opportunities (with client who reside in the NA region) while coordinating and collaborating with other regions and internal stakeholders to drive the best commercial outcomes for Visa globally 

 

 

Average salary estimate

$175000 / YEARLY (est.)
min
max
$150000K
$200000K

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 Senior Director - Financial Institution Sales, NA Visa Direct, Visa

Are you ready to lead the charge in transforming how the world moves money? We're looking for a Senior Director - Financial Institution Sales for Visa Direct in the vibrant city of San Francisco! In this key role at Visa, the global leader in digital payments technology, you'll head up a team focused on revolutionizing domestic and cross-border fund transfers. Think jobs to help people send money securely through debit cards, bank accounts, and digital wallets. With an estimated USD13 trillion market at your fingertips, you’ll have the opportunity to tap into a vast potential for growth. As you engage with regional and community banks, your leadership will drive ambitious sales targets while partnering with seasoned Visa Account Executives. You'll work hand-in-hand with clients, presenting our cutting-edge money movement solutions and collaborating with tech providers to strengthen partnerships and maximize sales opportunities. Every day, you'll be collecting valuable feedback from the market to inform Visa Direct's future strategies, introducing our powerful capabilities to clients, and ensuring seamless execution across the board. Plus, being a part of Visa means you're joining a team of disruptors and innovators dedicated to making financial services accessible to everyone, everywhere. If you’re enthusiastic about driving economic growth, fostering financial literacy, and creating a cashless future, then this is the role for you!

Frequently Asked Questions (FAQs) for Senior Director - Financial Institution Sales, NA Visa Direct Role at Visa
What responsibilities does the Senior Director - Financial Institution Sales at Visa Direct have?

The Senior Director - Financial Institution Sales at Visa Direct is responsible for delivering the entire annual sales target across regional and community banks. This involves leading a sales team, engaging with client executives to sell Visa’s money movement capabilities, driving commercialization strategies, and collaborating with internal stakeholders to improve sales execution.

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What qualifications are required for the Senior Director - Financial Institution Sales role at Visa?

Candidates for the Senior Director - Financial Institution Sales at Visa Direct should have significant experience in sales within the financial services sector, particularly with regional and community banks. Strong leadership skills, a deep understanding of payment solutions, and the ability to influence and collaborate across departments are essential qualifications.

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How does Visa Direct support cross-border payments for clients?

Visa Direct supports cross-border payments by providing a suite of capabilities that facilitate money movement. This includes Original Credit Transactions (OCT), person-to-person transfers, and more, enabling seamless transactions across different currencies and payment paths, thereby optimizing the experience for clients and their customers.

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What is the market opportunity for Visa Direct in North America?

The market opportunity for Visa Direct in North America is substantial, with an estimated USD13 trillion in push payments and over USD700 billion in cross-border payments. This provides an exciting landscape for the Senior Director to drive significant growth within the region.

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What does collaboration look like for the Senior Director - Financial Institution Sales at Visa?

Collaboration for the Senior Director at Visa involves working cross-functionally with internal teams such as finance, legal, and marketing, as well as engaging directly with clients and stakeholders to ensure effective communication and alignment on sales strategies and objectives.

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Common Interview Questions for Senior Director - Financial Institution Sales, NA Visa Direct
Can you describe your experience in sales within the financial services industry?

When answering this question, discuss specific achievements in your previous sales roles, highlighting your approach to building relationships with banks and how you successfully met or exceeded sales targets, particularly with innovative payment solutions.

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What strategies would you implement to reach sales targets in the role of Senior Director at Visa?

Outline actionable strategies such as leveraging data analytics for client insights, forming strategic partnerships with tech providers, and developing a robust pipeline of sales opportunities through networking and targeted outreach.

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How do you prioritize and manage a team of sales professionals effectively?

Highlight your leadership style, focusing on creating a clear organizational model with defined roles, encouraging open communication, and setting measurable goals to keep the team motivated and on track.

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What is your understanding of Visa Direct’s product offerings?

Demonstrate knowledge of the various capabilities within Visa Direct, including money movement solutions like P2P transfers and disbursements, and discuss how these can add value for financial institutions.

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How would you handle objections from a potential client during a sales pitch?

Discuss techniques such as active listening, addressing the client’s concerns directly, providing data-backed responses to alleviate fears, and demonstrating flexibility in tailoring solutions to meet their needs.

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Can you give an example of a successful sales pitch you delivered?

Share a compelling story that outlines the context, your approach, and the results you achieved, emphasizing what made your pitch successful and how it benefited the client.

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How do you stay updated on industry trends and market insights?

Talk about specific resources you use for research, such as industry publications, webinars, and networking with industry leaders to ensure you're well-informed on the latest payment technologies and market shifts.

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What metrics do you focus on when evaluating sales performance?

Discuss key performance indicators (KPIs) relevant to the role, such as sales growth, customer acquisition rates, and retention metrics, and how you analyze this data to inform future strategies.

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What role does collaboration play in achieving sales goals?

Emphasize the importance of collaborating with various teams within Visa to streamline processes, share client feedback, and develop cohesive strategies that drive overall success and enhance client relationships.

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Why do you want to work at Visa as the Senior Director - Financial Institution Sales?

Express your enthusiasm for Visa’s mission and commitment to innovation, and how the values resonate with your personal goals to contribute meaningfully to financial inclusion and the future of payments.

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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, on-site
DATE POSTED
April 3, 2025

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