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Sr. Director, Affluent & Consumer Segments - job 3 of 20

Team Summary

The Consumer Card Product & Segments group manages the deployment and optimization of Visa’s core products base consisting of Credit, Debit and Prepaid payments solutions globally. The team is also responsible for the development and deployment of innovation across this product suite. To do this, we work in close partnership with Visa clients and key internal and external stakeholders across the globe. We are also a key part of the transition of conventional card-based solutions onto digital form factors, ensuring Visa payments solutions remain the market-leading way for consumers to spend their money and manage their payments across Visa’s global regions.

Visa Inc. is seeking a dynamic and visionary Senior Director to lead the development, and delivery of Visa's Affluent Consumer Segment strategy. This role is pivotal in driving the evolution of our offerings, from creating new, Ultra High Net Worth (UHNW)-focused propositions to refreshing our existing Mass Affluent product set. The ideal candidate will be a thought-leader, who has experience in and a hunger to 'roll up their sleeves' and get involved in new product development and go-to-market planning, and who has exceptional cross-functional stakeholder management skills and a proven talent for leading and inspiring teams.

Reporting to the VP, Card Products & Segments, the SD, Affluent & Consumer Segments will be responsible for initiatives across six broad areas of responsibility.

Key Responsibilities:

Strategic Leadership:

  • Develop and execute a comprehensive strategy for Visa's Affluent Consumer Segments – from Mass Affluent through to Ultra High Net Worth (UHNW).
  • Identify market opportunities and trends to drive innovation and growth within the Affluent Segment.
  • Work closely with executive leadership to align segment strategies in line with overall business objectives.

Product Development & Enhancement:

  • Lead the development of new, innovative UHNW propositions that meet the unique needs of this narrow but important consumer base.
  • Oversee the refresh and enhancement of existing Mass Affluent products to ensure they remain competitive and relevant.
  • Collaborate across the Product organization and with marketing, finance, risk, compliance and technology teams to deliver best-in-class solutions.

Stakeholder Management:

  • Foster strong relationships with internal and external stakeholders, including financial institutions, partners, and service providers.
  • Serve as a key spokesperson for the Affluent Segment, representing Visa at industry events and forums.
  • Ensure alignment and collaboration across various functions and regions to drive successful product launches and initiatives.

Team Leadership:

  • Lead and mentor a high-performing team of direct and dotted line reports, fostering a culture of innovation, collaboration, and excellence.
  • Provide guidance and support to team members, enabling their professional growth and development.
  • Drive accountability and performance through clear objectives and regular feedback.

International Focus:

  • Leverage significant international experience to drive global strategies and adapt them to regional markets.
  • Ensure a deep understanding of highly diverse market dynamics and industry landscapes as well as consumer behaviors and preferences across different geographies.

Future Segment Strategy planning and development

  • While the initial focus of this role will be on Affluent Segments, the role-holder will also need to plan for development of strategies to appeal to and drive Visa preference amongst.
     

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

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 Sr. Director, Affluent & Consumer Segments, Visa

Are you ready to take your career to the next level? Visa Inc. is on the lookout for an inspiring and strategic Senior Director of Affluent & Consumer Segments to join our dynamic team in San Francisco. In this influential role, you'll be at the heart of developing and executing essential strategies aimed at expanding our Affluent Consumer Segment, from Mass Affluent to Ultra High Net Worth (UHNW) clients. Collaborating closely with cross-functional teams, your innovative ideas will lead to the creation of unique product offerings that cater to this exclusive consumer base. Your knack for identifying market opportunities will foster growth and push Visa's product suite to new heights. You'll engage with internal and external stakeholders, representing Visa at key industry events and ensuring our offerings remain competitive. We believe in empowering our leaders to inspire teams—your mentorship will shape a culture of excellence and innovation throughout your department. Since this position has a global focus, your international experiences will help you tailor strategies that resonate across different markets. If you're eager to roll up your sleeves and make a profound impact, come and redefine the landscape of payment solutions with us at Visa. This hybrid role offers flexibility and opportunities for collaboration, all while contributing to our mission to keep Visa at the forefront of consumer payments.

Frequently Asked Questions (FAQs) for Sr. Director, Affluent & Consumer Segments Role at Visa
What are the responsibilities of the Sr. Director, Affluent & Consumer Segments at Visa?

In your role as Sr. Director, Affluent & Consumer Segments at Visa, you will be responsible for developing and executing strategies that cater to both Mass Affluent and Ultra High Net Worth (UHNW) consumers. Key responsibilities include identifying market opportunities, leading product development initiatives, and fostering relationships with both internal and external stakeholders. You will also oversee the enhancement of existing products, ensuring they remain relevant in a competitive landscape while leading and mentoring your team to excellence.

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What qualifications are needed for the Sr. Director, Affluent & Consumer Segments position at Visa?

To thrive as the Sr. Director, Affluent & Consumer Segments at Visa, candidates should possess a strong background in product development and strategic leadership within financial services or similar fields. Experience in managing affluent clients and teams, along with exceptional cross-functional management skills, is essential. A proven ability to communicate effectively with executive leadership and external partners is also crucial for success in this dynamic role.

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How does the Sr. Director, Affluent & Consumer Segments contribute to Visa's growth?

The Sr. Director, Affluent & Consumer Segments plays a pivotal role at Visa by developing strategies that drive innovation and growth within these important consumer segments. By creating product offerings specifically designed for UHNW clients and refreshing Mass Affluent products, you will ensure that Visa maintains its position as a leader in the market. Your efforts directly impact consumer engagement and company profitability, making this role crucial to Visa's continued success.

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What skills are essential for the Sr. Director, Affluent & Consumer Segments position?

Essential skills for the Sr. Director, Affluent & Consumer Segments role include strategic thinking, strong leadership abilities, and excellent stakeholder management capabilities. A thorough understanding of market trends and consumer behaviors in affluent segments is vital. Additionally, you should be adept at cross-functional collaboration and have experience in product development to effectively spearhead innovations that meet the unique needs of this demographic.

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What does the team culture look like for the Sr. Director, Affluent & Consumer Segments at Visa?

At Visa, the team culture for the Sr. Director, Affluent & Consumer Segments role is one of innovation, collaboration, and excellence. Leaders are encouraged to mentor their teams, fostering growth and development while promoting a culture where ideas can flow freely. The environment is dynamic, making it essential for you to be adaptable and engaging. Overall, you will find yourself in a supportive setting with a shared commitment to elevating Visa's offerings within the affluent market.

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Common Interview Questions for Sr. Director, Affluent & Consumer Segments
Can you describe your experience with affluent consumer segments?

Highlight your specific experiences working with affluent clients, such as product development or marketing strategies you have implemented. Discuss how these experiences have equipped you with the skills necessary for the Sr. Director role and your understanding of this unique market.

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How do you prioritize product development initiatives for affluent consumers?

Explain your approach by outlining a structured process you follow to assess market needs, alignment with business objectives, and resource allocation. Discuss any tools or frameworks you use to prioritize effectively.

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What strategies would you implement to enhance existing Mass Affluent products?

Discuss specific enhancement strategies, such as market research, consumer feedback analysis, or competitor benchmarking, which can lead to meaningful product upgrades that satisfy the Mass Affluent segment's demands.

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How do you build and maintain relationships with stakeholders in the financial industry?

Outline your approach to relationship building by emphasizing communication, regular engagement, and the importance of understanding stakeholders' needs. Provide examples of how you've successfully managed such relationships in past roles.

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How would you approach innovation for Ultra High Net Worth clientele?

Discuss your understanding of the UHNW market and your innovative ideas tailored to their specific financial needs. Mention approaches such as creating exclusive offerings or personalized services as part of your strategy.

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What metrics do you typically use to measure success in your products?

Describe the key performance indicators (KPIs) that you consider important, such as customer satisfaction scores, market share, and revenue growth, and explain how these metrics guide your product decisions.

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Tell us about a time you led a diverse team through a challenging project.

Provide a concrete example of a project where you successfully led a diverse team, detailing the challenges faced, your leadership strategies, and the successful outcomes achieved.

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What is your approach to aligning product strategies with company objectives?

Articulate how you work closely with executives and cross-functional teams to ensure that product strategies support Visa's overall business goals, using frameworks or processes you've found effective in alignment.

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How do you stay informed about trends affecting affluent consumers?

Discuss your methods for staying updated on trends, such as industry publications, attending conferences, and networking with thought leaders in the financial services sector, demonstrating your commitment to ensuring Visa remains a market leader.

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What role do you believe mentorship plays in developing high-performing teams?

Emphasize the importance of mentorship within your team environments, showcasing how it encourages professional development, inspires innovation, and helps cultivate a culture of accountability and success among team members.

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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 4, 2025

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