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Senior Director - Small Business Solutions - job 8 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

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

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

Are you ready to take on an exciting challenge as the Senior Director - Small Business Solutions at Visa in Atlanta? At Visa Commercial Solutions (VCS), we're passionate about delivering innovative and essential payment solutions that support both businesses and governments globally. In this dynamic role, you'll be at the forefront of developing small business strategies to enhance cash flow, productivity, and efficiency for our clients. Your expertise in the Small Business space will help you identify and cultivate valuable partnerships that drive growth and digital transformation across the industry. You'll work closely with a talented team, guiding them through the complexities of business development and sales strategies tailored to our small business clients. From leading a direct team of sales executives to collaborating with various departments, your impact will be felt throughout the organization. You’re not just filling a position; you’re taking part in shaping the future of small business development at Visa. If you're enthusiastic about leading the charge in this evolving market, we want to hear from you!

Frequently Asked Questions (FAQs) for Senior Director - Small Business Solutions Role at Visa
What are the primary 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 small businesses. This includes leading a team of sales executives, driving revenue growth, and managing key partnerships effectively. The role also entails negotiating proposals, collaborating with cross-functional teams, and educating stakeholders about Visa products specifically tailored for small businesses.

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

To be successful as the Senior Director - Small Business Solutions at Visa, candidates should have extensive experience in sales and business development within the Small Business sector. A deep understanding of the payments ecosystem, exceptional leadership skills, and the ability to develop strategic partnerships are crucial. Familiarity with market trends related to small businesses and payment strategies is also important.

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

The Senior Director - Small Business Solutions plays a vital role in Visa's growth strategy by identifying new business development opportunities, developing tailored solutions, and maximizing revenue from small businesses. By shaping the sales strategy and pipeline, this leader ensures that Visa meets its key objectives while addressing the specific needs of their small business clients.

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What internal teams does the Senior Director - Small Business Solutions collaborate with?

In the role of Senior Director - Small Business Solutions at Visa, collaboration is essential. You will work closely with teams such as Product, Cobrand, Digital, Merchant & Acceptance, as well as Finance, Legal, and Marketing to execute complex partnership agreements, ensure alignment with client goals, and optimize solutions for small business clients.

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What opportunities for growth exist for the Senior Director - Small Business Solutions at Visa?

Visa offers exceptional growth opportunities for the Senior Director - Small Business Solutions. This role not only allows you to influence the direction of Visa's small business strategy but also provides opportunities to expand your network through strategic partnerships. Additionally, you'll have a platform to share insights on market developments and educate the organization on emerging trends in the payments landscape.

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Common Interview Questions for Senior Director - Small Business Solutions
How would you develop a sales strategy for small business solutions at Visa?

To develop an effective sales strategy for small business solutions at Visa, I would start by conducting comprehensive market research to understand the needs of small business clients. This would include analyzing competitors, identifying gaps in the market, and leveraging Visa's product offerings to craft tailored solutions that address these needs. Setting clear objectives and key performance indicators will also be crucial for tracking progress.

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Can you describe a successful partnership you have developed in the past?

In my previous role, I successfully developed a partnership with a fintech company that specialized in bookkeeping solutions for small businesses. By aligning our payment solutions with their product offerings, we created a seamless experience for mutual clients, significantly enhancing customer satisfaction and driving increased transaction volumes for both businesses.

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What metrics would you use to measure the success of the Small Business sales team?

To measure the success of the Small Business sales team at Visa, I would focus on metrics such as revenue growth, the number of new partnerships secured, payment volume increases, and overall client retention rates. Performance against these metrics would provide a clear picture of the team's effectiveness and the impact of our strategies on the small business sector.

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How would you handle conflicts between internal stakeholders when developing a new solution?

Handling conflicts between internal stakeholders involves open and transparent communication. I would facilitate discussions to understand each party's perspective and seek common ground. By focusing on shared goals and how each team's input can enhance the end product, I can encourage collaboration and drive the solution development process forward.

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What role does market research play in your business development strategy?

Market research is fundamental to my business development strategy. It helps identify trends, customer pain points, and potential opportunities in the small business space. By staying informed about market dynamics, I can adapt our approach to meet client needs and position Visa as a leader in the small business payments ecosystem.

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Describe how you would educate small business clients about Visa products?

Educating small business clients about Visa products would involve developing tailored training sessions, webinars, or workshops focusing on the specific benefits of our solutions. I would provide clear, relatable examples of how these products can streamline processes, enhance cash flow, and ultimately contribute to their business success, ensuring they grasp the value Visa brings to the table.

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How do you prioritize potential partnerships that could drive small business growth?

I prioritize potential partnerships based on strategic alignment with Visa's objectives, market reach, and the unique value they can provide to our small business clients. Conducting a thorough analysis of each partnership's potential impact on revenue and customer satisfaction helps me determine which initiatives will deliver the most significant returns.

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What is your approach to sales team leadership?

My approach to sales team leadership centers on empowerment and collaboration. I believe in setting clear expectations while also giving my team the autonomy to develop their strategies. Regular feedback, recognition of achievements, and fostering an open-door environment for ideas and concerns are essential to creating a motivated and high-performing team.

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How would you handle a decline in small business payment volume?

In the event of a decline in small business payment volume, I would first analyze the root causes through data insights and feedback from clients. Engaging with affected clients to understand their challenges and adjusting our offerings accordingly is crucial. Additionally, revisiting our sales strategies and identifying opportunities for improvement will help us regain momentum.

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What techniques would you use to negotiate proposals with strategic partners?

Effective negotiation techniques I would use include building rapport with partners, actively listening to their needs, and pinpointing shared goals. I believe in being transparent about what Visa can offer while also remaining flexible to meet the partner's objectives. A win-win mindset during negotiations fosters long-term and fruitful partnerships.

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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 22, 2025

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