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Senior Director - Financial Institution Sales, NA Visa Direct - job 16 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

As the Senior Director of Financial Institution Sales for Visa Direct based in San Francisco, you will hold a pivotal role in reshaping the future of payments within the North American market. Visa, the world's leader in digital payments technology, is on a mission to connect individuals and businesses through a secure and reliable payment network, and your expertise will help drive that vision forward. In this role, you'll have the extraordinary opportunity to spearhead growth-focused strategies, managing a talented team to achieve aggressive sales targets for regional and community banks. Your responsibilities will include developing market-winning strategies, engaging directly with client executives to advocate the benefits of Visa Direct's innovative solutions, and influencing the commercialization strategy across diverse teams. With a focus on fostering strong relationships and capitalizing on the USD13T U.S. push payments market opportunity, you'll leverage your knowledge and leadership to not only drive sales but also contribute valuable insights that will shape Visa Direct’s product roadmap. Visa is not just about the tech; it’s about making a meaningful impact on financial literacy and accessibility for everyone. Join us as we creatively advance the payments industry, ensuring every transaction is seamless and secure. Your leadership could be the key in empowering millions with the financial tools they need, in a diverse and inclusive work environment that values your individuality. Join Visa Direct, where together, we can transform the way the world pays.

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

The Senior Director - Financial Institution Sales at Visa Direct is responsible for overseeing regional and community bank sales opportunities, developing a strong sales team, and establishing sales strategies to achieve annual targets. This entails engaging with client executives and collaborating with various internal and external stakeholders to maximize sales opportunities, influence product roadmaps, and streamline processes for faster execution.

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What qualifications are needed for the Senior Director position at Visa Direct?

To excel as the Senior Director - Financial Institution Sales at Visa Direct, candidates should have extensive experience in sales and leadership within the financial services or payments sector, with a proven track record in driving significant revenue growth. Strong strategic vision, excellent communication and collaboration skills, and the ability to influence both clients and internal teams are also critical qualifications.

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How does the Visa Direct solution work for financial institutions?

Visa Direct provides financial institutions with a flexible platform for facilitating domestic and cross-border fund transfers using debit card credentials, bank account information, or digital wallet addresses. The solution supports various applications, including person-to-person transfers, real-time bank account funding, and disbursements, allowing banks to offer seamless payment experiences to their customers.

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What is the importance of the Senior Director's role in Visa Direct's commercial strategy?

The Senior Director - Financial Institution Sales at Visa Direct plays a crucial role in shaping the commercial strategy by directly influencing client engagement and converting opportunities into revenue. This role is vital in driving the commercialization of Visa Direct's capabilities and aligning sales strategies with market insights to fuel growth in the highly competitive payments landscape.

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How does Visa Direct contribute to financial literacy and accessibility?

Visa Direct is committed to enhancing financial literacy and accessibility by offering innovative payment solutions that bridge the gap for underserved consumers. By enabling seamless and secure money movement for various use cases, Visa Direct empowers millions to participate in the digital economy, ensuring that financial services are available to everyone, regardless of their location or financial status.

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Common Interview Questions for Senior Director - Financial Institution Sales, NA Visa Direct
Can you describe your sales leadership experience related to financial products?

In answering this question, focus on specific examples where you've successfully led a sales team in the financial sector. Highlight your strategies for team development and sales target achievement, as well as how you addressed challenges to boost performance.

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What strategies would you employ to grow Visa Direct's presence in North America?

This is your opportunity to showcase your understanding of the market. Discuss various approaches such as building partnerships with financial institutions, creating targeted marketing campaigns, and utilizing data analytics to identify opportunities, while emphasizing your ability to adapt strategies to meet client needs.

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How do you engage and maintain relationships with banking executives?

Share your relationship-building techniques, emphasizing communication and stakeholder management skills. Provide examples of how you have initiated high-level conversations, managed expectations, and established mutual goals with executives in previous roles.

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Discuss an example of a successful sales campaign you led.

When answering, be specific about a past campaign, including your role, the challenges faced, the strategies implemented, and the results achieved. Metrics showcasing growth or increased client acquisition will strengthen your answer.

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How do you prioritize and handle multiple sales opportunities at once?

Emphasize your organizational skills and tools you might use to track opportunities. Discuss any experience with prioritizing based on potential value or deadlines, ensuring you can manage time effectively while meeting targets.

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What role does market insight play in driving sales strategy?

Discuss how market insights, such as customer behavior, competitor analysis, and emerging trends, inform and shape your sales strategies. Use examples of how market data led you to make strategic decisions in your previous roles.

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How do you drive cross-functional collaboration within an organization?

Highlight experiences where you've partnered with other departments, outlining the importance of communication and shared objectives. Illustrate how your collaborative efforts led to positive outcomes for sales initiatives.

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What is your approach for developing a sales pipeline?

Explain your systematic approach to building a pipeline, possibly involving market research, lead generation tactics, and nurturing client relationships. Mention any CRM tools you've used and share success stories of pipeline development.

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How do you measure success in a sales role?

Define specific metrics you use to evaluate success such as revenue growth, customer acquisition rates, and client retention. Emphasize your results-driven mindset and commitment to continuous improvement.

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Why do you want to work at Visa Direct?

This question is your chance to express your enthusiasm for the company and its mission. Discuss your alignment with Visa's values, the innovation in payment technologies, and your desire to contribute to a mission of financial inclusion and accessibility.

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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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