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Senior Director - Small Business Solutions - job 20 of 28

About Visa Commercial Solutions (VCS) 

Visa Commercial Solutions (VCS) is dedicated to delivering innovative payment solutions for businesses and governments worldwide. By partnering with Financial Institutions and Fintechs, VCS offers seamless experiences that streamline critical business processes such as expense management, compliance, and vendor payments. The goal is to enhance cash flow, productivity, and efficiency for clients. VCS provides tailored products for all business sizes, featuring automated payment processing, expense tracking, and detailed reporting, all within a secure and globally recognized payment network. This empowers businesses to manage finances more effectively, reduce costs, and gain valuable insights into spending patterns. 

The Small Business team for the US and Canada is dedicated to empowering issuers, merchants, Fintechs, and processors to elevate their support for small business clients. We are looking for an experienced Sales leader who can spearhead business development strategies, secure essential resources, and forge impactful partnerships aimed at driving Small Business growth and digital transformation. Join us in shaping the future of Small Business development and innovation, in alignment with Visa's strategic vision.   

About this Role: 

The Senior Director, Business Development Small Business Lead is responsible for identifying, developing and selling in meaningful partnership opportunities to grow Visa payment volume in Small Business. The role requires an experienced sales and business development professional with deep knowledge of the Small Business space who can identify potential deals, develop strategy, and manage the teams needed to bring them to fruition. The Small Business team works closely with Visa’s Product, Cobrand, Digital and Merchant & Acceptance teams as well as other stakeholders such as Finance, Legal, Marketing, etc. teams to execute partnership agreements, and deliverables that are complex, strategic and cross-functional in nature.  The ideal candidate will be adept driving revenue and setting a sales strategy for the Small Business sector, engaging credibly and effectively with various stakeholders including financial institutions, merchants, Fintech. The role reports to the VP, Small Business for North America, and is a member of their leadership team. 

Key Responsibilities 

  • This leader will develop and own the Small Business sales strategy and pipeline and be responsible for driving revenue growth.   

  • Lead the direct team of sales executives responsible for SMB business development. 

  • Set and deliver on Key Metrics and Objectives that align with Visa’s Small Business growth strategy, including revenue, payment volume, etc. 

  • Provide best in class service to ensure that prospective clients’ business objectives are met, and the partners are fully educated on Visa products and opportunities. 

  • Lead the development, negotiation and signing of proposals by working with various internal stakeholders and building relationships with strategic partner executives. 

  • Work with cross functional teams to ensure partner solutioning is on track and aligned with both Visa’s strategy and client goals. 

  • Proactively identify and solve complex problems that impact the management, relationship, and direction of the business 

  • Take the lead in solving the problems that arise during the development of programs with partners. 

  • Proactively educate the Visa organization on market developments and partner opportunities 

  • Report to and interact with senior management to indicate the status of the partnership progress. 

  • Foster in-depth and productive relationships at all levels with the client and within Visa 

 Essential Functions: 

  • Develop and own the Small Business sales strategy including maintain the pipeline in Dynamics.  

  • Act as a key leader on the Small Business sales team while also serving as the business development leader and manager, overseeing and executing the strategy to drive new revenue. 

  • Serve as a partner to internal stakeholders as well as senior management, providing ongoing strategic market insights, overviews of Visa products, business development efforts, strategic partnerships, and new and emerging growth initiatives. 

  • Identify, develop, and execute customized business development plans and manage joint roadmaps to drive new business opportunities, increase engagement, revenue, and market share. 

  • Leverage a strong understanding of the Small Business payments ecosystem, Small Business needs and challenges, as well as current and emerging payment strategies across all Small Business product platforms (credit, debit, virtual, etc.) to identify business development opportunities. 

  • Influence the client’s vision for the future of payments, consistent with Visa’s strategies and leadership principles. 

  • Proactively identify and solve complex problems that impact the management, relationship, and direction of the business. 

  • Expand relationships through the selling and implementation of Visa products and services. 

  • Continuously review client strategies and market landscapes to recommend, develop, and implement new and creative approaches that ensure client and Visa business objectives are met. 

  • Work with cross-functional teams (internal and external) that include representation from Innovation, Strategic Partnerships, Product, Cobrand, Operations, Market Research, and Technology. 

  • Coordinate regular joint executive meetings to review innovation strategies, technologies, and strategic partnership opportunities to continuously build the joint development roadmap. 

  • Actively participate in and lead various ad-hoc internal projects as assigned. 

  • Prepare proposals and negotiate contractual relationships. 

By joining our team, you will have the opportunity to drive impactful change and contribute to the growth and success of Visa and our partners. We look forward to seeing how your expertise and innovative ideas can help shape the future of payments. 

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

 

Average salary estimate

$150000 / YEARLY (est.)
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$180000K

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What You Should Know About Senior Director - Small Business Solutions, Visa

At Visa, we are excited to announce an incredible opportunity for a Senior Director - Small Business Solutions based in Atlanta! In this pivotal role within Visa Commercial Solutions (VCS), you'll take charge of crafting and leading business development strategies aimed at fostering the growth of small businesses. Your mission? To deepen the partnerships we have with financial institutions, merchants, and Fintechs while innovating payment solutions that enhance productivity and streamline business processes. As our Senior Director, you will identify opportunities that align with Visa's strategic vision, creating tailored products that empower our clients to manage their finances smarter and more effectively. You’ll lead a talented team of sales executives and work collaboratively with various stakeholders across product, marketing, and legal teams to ensure that all our partners are well-equipped to succeed. Your experience in the small business space will be invaluable, as you'll engage with clients, helping them navigate the intricacies of our service offerings. Imagine the potential for impact as you help shape digital transformation in the small business sector across the US and Canada. Join us in leading this transformative journey as we redefine payment processing in the small business ecosystem together!

Frequently Asked Questions (FAQs) for Senior Director - Small Business Solutions Role at Visa
What are the responsibilities of the Senior Director - Small Business Solutions at Visa?

The Senior Director - Small Business Solutions at Visa is responsible for developing and owning the sales strategy for the Small Business sector. This involves leading a team of sales executives, setting and achieving key performance metrics, managing complex partnerships, and ensuring client objectives align with Visa's offerings. You're at the forefront of driving revenue growth while enhancing client relationships and educating them on Visa’s range of products.

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What qualifications are required for the Senior Director - Small Business Solutions at Visa?

Candidates for the Senior Director - Small Business Solutions position at Visa should possess significant experience in sales and business development, particularly within the small business payments space. A strong understanding of the payments ecosystem and proven leadership skills are vital. Additionally, familiarity with cross-functional collaboration and a strategic mindset for developing partnerships are necessary to thrive in this role.

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How does the Senior Director - Small Business Solutions contribute to Visa’s growth strategy?

The Senior Director - Small Business Solutions contributes to Visa's growth strategy by leading efforts to expand payment volume in the small business sector through innovative partnerships and business development strategies. By nurturing relationships with various stakeholders, you work to drive revenue while ensuring that Visa’s services meet the evolving needs of small businesses and their financial partners.

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What skills are essential for the Senior Director - Small Business Solutions role at Visa?

Essential skills for the Senior Director - Small Business Solutions at Visa include strategic thinking, exceptional leadership abilities, effective communication with diverse teams, problem-solving expertise, and a deep understanding of the small business payments landscape. You’ll need to adeptly manage complex negotiations and influence partners, making these interpersonal skills just as crucial as your technical knowledge.

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What is the team structure for the Senior Director - Small Business Solutions at Visa?

As the Senior Director - Small Business Solutions, you will report directly to the VP, Small Business for North America, and play a key role within the leadership team. You’ll lead a team of sales executives dedicated to small business development while collaborating closely with internal stakeholders across various departments, including marketing, product, and operations, to execute on Visa's strategic priorities.

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Common Interview Questions for Senior Director - Small Business Solutions
Can you describe your experience with small business payment solutions?

In your response, highlight specific experiences where you have successfully managed small business payment solutions. Discuss any innovative strategies you've implemented, emphasizing measurable outcomes. Show how your expertise aligns with Visa’s goals to empower small businesses with seamless payment processing.

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How do you approach developing a sales strategy for small business growth?

Explain your strategic approach by discussing how you analyze market needs, identify potential partnerships, and set measurable objectives. It's crucial to show your ability to adapt strategies based on client feedback and changing market dynamics, ensuring alignment with Visa’s strategic vision.

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What techniques do you use to foster relationships with financial institutions and partners?

In your answer, focus on your interpersonal skills and approach to relationship-building. Provide examples of how you have maintained successful partnerships through regular communication, aligning business goals, and providing value through Visa’s offerings. Stress the importance of trust in these relationships.

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How do you handle complex negotiations for partnership agreements?

Share your negotiation tactics and how you prepare for discussions with stakeholders. Discuss your method for balancing both Visa's objectives and the partner's needs, ensuring a win-win situation. It's essential to showcase your ability to manage challenges and drive agreements to fruition.

Join Rise to see the full answer
Can you provide an example of how you solved a complex problem in your previous roles?

When answering this, use the STAR format (Situation, Task, Action, Result) to describe a specific problem you faced, the actions you took to resolve it, and the positive outcome. Highlight your analytical skills and proactive mindset that might be beneficial for the Senior Director role at Visa.

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What metrics do you consider when assessing the success of sales initiatives?

Discuss key performance indicators such as revenue growth, payment volume increases, customer satisfaction, and conversion rates as metrics to evaluate sales initiatives' success. Emphasize how regular analysis helps in refining strategies for better outcomes.

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What trends do you see in the small business payment ecosystem?

Go into detail about your insights on current trends impacting small businesses, such as digital transformation, mobile payments, and the growing role of Fintechs. Demonstrating your awareness of trends shows your readiness to lead and innovate within Visa’s framework.

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How do you plan to educate and equip partners on Visa's products?

Outline your strategy for creating training programs or materials that simplify Visa’s offerings for partners. Be sure to discuss the importance of ongoing support and adapting these resources to meet the diverse needs of small business clients.

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How would you manage a team of sales executives?

Describe your leadership style and how you motivate your team. Discuss strategies such as setting clear objectives, providing constructive feedback, fostering collaboration, and sharing success stories to promote a positive team environment focused on growth.

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Why do you want to work as a Senior Director - Small Business Solutions at Visa?

Highlight your passion for enabling small business success and how Visa's commitment to innovation aligns with your personal values and career goals. Be authentic in conveying your desire to be part of Visa's transformative journey in the payments landscape.

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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 18, 2025

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