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Sr. Director, Debit & Prepaid Card Products (Global) - job 10 of 11

Team Summary

The Card Product group manages the deployment and optimization of Visa’s core consumer 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 the team responsible for leading 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.

What the Senior Director, Debit & Prepaid Card Product Management (Global) does at Visa:

Reporting to the Global Head of Card Products, the SD, Debit & Prepaid will be responsible for initiatives across four broad areas of responsibility:

Operational Efficiency: Overseeing the definition, modernization and administration of product rules, and Visa’s credit product technology framework. Product Rules and the technology / processing framework are core to delivery of Visa credit products across our markets

Best Practices Development: Leading the identification, development, and dissemination of best practices for debit and prepaid products to drive PV growth and consumer preference for Visa

Drive Innovation: Leading initiatives as part of the Visa 2030 strategy to expand the debit and prepaid business, and expediting the integration of Visa Debit functionality with the Visa Flex Credential capability

Thought Leadership: Working closely with regional and in-market teams to develop a clear point of view on the direction and future of debit and prepaid solutions, supporting regional / in-market-developed credit initiatives which may scale globally.

The role-holder will lead a team of direct reports and will work closely with Core Product teams across each of Visa’s global regions to evolve and build end-to-end consumer experiences that drive client preference for Visa as a strategic partner and make us an enabler of superior value propositions for digitally enabled consumers.

The SD, Global Debit & Prepaid Product Management will be responsible for the strategic direction, operational efficiency, and innovation of Visa's global debit and prepaid product portfolios. This role requires a leader with deep expertise in the payments industry, strong analytical and strategic thinking skills, and the ability to drive cross-functional collaboration to deliver innovative and competitive product solutions. The individual will ensure the products meet market demands, regulatory requirements, and the company’s growth objectives. You will need to be highly collaborative and will be the key interface between the market teams and Visa’s global team to ensure our platforms drive product differentiation, consumer activation and engagement

You’ll be responsible for managing the administration of waivers to Visa’s Product Rules and policies, ensuring compliance with regulatory requirements and industry standards. Be a key leader in identifying and driving improvements in product usage, activation, and consumer preference for Visa products, collaborating with regional and in-market teams to implement best practices and ensure consistency in product delivery and a key stakeholder in the company-wide drive to strengthen Visa's debit franchise globally by exploring new opportunities and innovations in the traditional card issuance business. In addition, ensuring that Visa’s network technology and processing stack (VisaNet) supports product Rules and Standards, including new global or regional / in-market products, as needed.

A core area of delivery for the role-holder will be to ensure Visa Debit functionality is closely linked with the ability to choose a range of different funding sources and that debit is a fundamental part of the Visa Flexible Credential chassis. As well as working with in-market, client-facing teams, your team will work closely with the Regional counterparts, Corporate Strategy, Marketing, Client Services, Finance, Pricing, Legal and Compliance.

Why this is important to Visa

Consumer Debit and Prepaid Products are key bases for Visa’s business globally as these solutions span all consumer life-stages and income segments in all Visa’s markets and as such are a key platform for revenue generation and consumer engagement for Visa and our clients. As the largest of Visa’s solutions sets, Core Products offer Visa the most visible and impactful opportunity to drive digital payments enablement and thus is a key part of our digital migration strategy.

 

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Average salary estimate

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

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What You Should Know About Sr. Director, Debit & Prepaid Card Products (Global), Visa

Are you ready to take on a pivotal leadership role with Visa as the Senior Director of Debit & Prepaid Card Products (Global) in Foster City? In this dynamic role, you’ll be at the forefront of optimizing and innovating Visa's debit and prepaid payments solutions across the globe. Reporting to the Global Head of Card Products, you will oversee the development of Visa’s core consumer product suite while collaborating closely with clients and stakeholders worldwide. Your main mission is to enhance product efficiencies, drive impactful innovation aligned with Visa’s 2030 strategy, and share best practices that inspire growth. With your extensive knowledge in the payments industry, you will guide your team to create exceptional end-to-end consumer experiences that position Visa as a leader in digital payments. You’ll focus on establishing modern product rules while ensuring compliance with regulatory standards, thus driving improvements in consumer engagement and activation. You’ll play a crucial role in integrating Visa Debit functionality with cutting-edge technology and be the key liaison between market teams and global counterparts. As the Senior Director, you will not only shape the strategic direction of Visa’s debit and prepaid portfolios but also contribute to generating revenue and elevating consumer relationships across various market segments and life stages. In this hybrid position, you’ll alternate between remote work and our Foster City office, fostering collaboration and innovative solutions wherever you are. Join Visa, and let's revolutionize how the world interacts with payments together!

Frequently Asked Questions (FAQs) for Sr. Director, Debit & Prepaid Card Products (Global) Role at Visa
What are the main responsibilities of the Senior Director, Debit & Prepaid Card Products at Visa?

The Senior Director, Debit & Prepaid Card Products at Visa is responsible for overseeing the optimization and innovation of Visa's consumer debit and prepaid solutions. This includes managing operational efficiencies, driving best practices development, leading innovations as part of the Visa 2030 strategy, and providing thought leadership to ensure the success of debit and prepaid products across various global markets.

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What qualifications are required for the Senior Director position at Visa?

Candidates for the Senior Director, Debit & Prepaid Card Products role at Visa typically need extensive experience in the payments industry, strong analytical skills, and a strategic mindset. A proven track record in cross-functional collaboration, as well as the ability to drive product innovation and adapt to market demands, are also key qualifications required to excel in this role.

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How does the Senior Director role influence Visa’s debit and prepaid growth?

The Senior Director, Debit & Prepaid Card Products at Visa plays a crucial role in identifying and driving product improvements that enhance consumer activation and preference. By leading strategic initiatives and effectively collaborating with regional teams, this position directly influences Visa's growth in the debit and prepaid segment, ensuring that products meet market needs and maximize revenue generation.

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What is the importance of compliance in the Senior Director position at Visa?

In the role of Senior Director, Debit & Prepaid Card Products at Visa, ensuring compliance with regulatory requirements and industry standards is paramount. The role involves managing product rules and administration of waivers, which are essential for maintaining Visa's reputation and operational integrity in the global marketplace.

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What type of team management experience is necessary for this Visa position?

The Senior Director, Debit & Prepaid Card Products at Visa will lead a team of direct reports and collaborate closely with Core Product teams across global regions. Experience in managing teams, guiding cross-functional projects, and developing talent is critical for fostering a collaborative environment that drives innovation and product excellence.

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Common Interview Questions for Sr. Director, Debit & Prepaid Card Products (Global)
Can you describe your experience with debit and prepaid card product management?

When addressing your experience with debit and prepaid card products, focus on specific projects you've led, any innovations you've implemented, and how those efforts contributed to consumer engagement or revenue increases. Highlight your familiarity with market trends and compliance requirements in the payments sector.

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How do you approach developing best practices for product optimization?

In answering this question, explain your systematic approach to analyzing current processes, identifying areas for improvement, and consulting with stakeholders to gather input. Share any frameworks or methodologies you've utilized that help in creating effective best practices.

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What strategies do you use to drive cross-functional collaboration?

Emphasize the importance of communication and relationship-building in cross-functional collaboration. Discuss techniques like regular check-ins, collaborative project management tools, and establishing clear goals and objectives among diverse teams to foster a productive environment.

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How would you lead innovation initiatives in line with Visa's 2030 strategy?

When explaining your approach, demonstrate your understanding of Visa’s 2030 strategy and how it relates to current innovations. Share examples of how you have previously spearheaded innovative projects and how you plan to align those with organizational vision and market needs.

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Can you give an example of a challenge you faced in product management and how you overcame it?

Use a specific example to illustrate a previous challenge. Discuss the steps you took to analyze the issue, the strategies you devised to address it, and the outcome. This showcases your problem-solving skills and resilience in the face of obstacles.

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In your opinion, what makes a successful debit and prepaid card product?

Share your insights on the essential features that contribute to the success of debit and prepaid card products. Focus on user experience, technology integration, compliance, and responsiveness to market demands, showcasing your industry expertise.

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How do you ensure regulatory compliance in product development?

Discuss your methods for staying up-to-date on regulatory changes and how you integrate that knowledge into product development processes. Highlight the importance of collaboration with legal teams and compliance experts to ensure all products meet necessary standards beforehand.

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What metrics do you consider crucial in evaluating product performance?

Identify key performance indicators (KPIs) relevant to debit and prepaid products, such as transaction volume, customer satisfaction scores, and market share growth. Talk about how you utilize data analysis to drive product improvements based on these metrics.

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What role does consumer feedback play in your product management strategy?

Illustrate the strategies you employ to gather and analyze consumer feedback, such as surveys and focus groups. Share how this feedback influences product enhancements and helps tailor offerings to meet customer needs effectively.

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How do you keep your team motivated and engaged?

Explain your approach to team management, focusing on fostering an open and collaborative culture. Discuss methods such as recognizing achievements, encouraging professional development, and maintaining transparent communication to keep your team inspired and aligned.

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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 9, 2025

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