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Sr. Director, Debit & Prepaid Card Products (Global) - job 6 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

$185000 / YEARLY (est.)
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$150000K
$220000K

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

Join Visa as the Sr. Director of Debit & Prepaid Card Products in beautiful Foster City! This is an exciting opportunity to lead the charge in optimizing Visa's core consumer product lineup, including Credit, Debit, and Prepaid payment solutions, for our global clientele. Our Card Product group is committed to innovation, partnering closely with clients and stakeholders around the world to transition traditional card-based solutions into advanced digital formats. In this role, reporting to the Global Head of Card Products, you'll oversee the modernization of product rules, enhance operational efficiency, and develop best practices to boost our debit and prepaid offerings. Driving initiatives as part of Visa's 2030 strategy, you'll be a key player in expanding our business while ensuring that our products meet regulatory requirements and market demands. You'll lead a dynamic team, collaborating with regional and in-market teams to expand client preference for Visa. This role isn’t just about managing products; it’s about setting the future direction of our debit and prepaid solutions. By leveraging your expertise in the payments industry, you’ll help drive innovative and competitive product solutions that empower consumers everywhere. Plus, as this is a hybrid position, you’ll enjoy flexibility in your work environment while still being an integral part of our team. If you're passionate about enhancing consumer experiences and fostering operational excellence in the payments landscape, we would love to hear from you!

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

The Sr. Director, Debit & Prepaid Card Products at Visa is responsible for overseeing product optimization, defining product rules and technology frameworks, and leading best practices development. They drive innovations aligned with Visa's 2030 strategy, ensuring operational efficiency and market competitiveness across Visa's debit and prepaid solutions globally.

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What qualifications are needed for the Sr. Director position at Visa?

Candidates for the Sr. Director, Debit & Prepaid Card Products role at Visa should possess extensive experience in the payments industry, strong analytical skills, and a background in strategic thinking. Leadership experience, especially in cross-functional collaboration, is highly valued for driving innovative product solutions.

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How does the Sr. Director role impact Visa's product offerings?

The Sr. Director role is crucial in shaping Visa's debit and prepaid product portfolios. By identifying improvement areas in product usage and consumer engagement, they help strengthen Visa's global debit franchise while fostering innovation and ensuring products align with regulatory standards and market demands.

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What is the work environment for the Sr. Director position at Visa?

The Sr. Director, Debit & Prepaid Card Products at Visa enjoys a hybrid work environment, allowing for a balance of remote and office work. Employees typically work from the office 2-3 days a week, fostering collaboration while maintaining flexibility based on business needs.

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What are the key focus areas for a Sr. Director in Debit & Prepaid Card Products at Visa?

Key focus areas for the Sr. Director at Visa include driving operational efficiency, developing best practices, leading product innovations, and establishing thought leadership in the debit and prepaid sector. Emphasizing collaboration with regional teams is essential to ensure successful global deployment of product strategies.

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Common Interview Questions for Sr. Director, Debit & Prepaid Card Products (Global)
What experience do you have in managing debit and prepaid card product strategies?

When discussing your experience, focus on specific instances where you developed and executed product strategies. Highlight your understanding of consumer needs and market trends while discussing how you've successfully collaborated with cross-functional teams to drive product enhancements.

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How do you keep updated with the latest trends in the payments industry?

To stay updated, I regularly follow industry publications, participate in webinars, and network with peers. Mention any relevant conferences you've attended or important thought leaders you follow to demonstrate your commitment to being at the forefront of the payments landscape.

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Can you describe a challenging project related to debit or prepaid products you managed?

Be specific about the challenges you faced, the actions you took, and the results achieved. Emphasize your problem-solving skills and how they led to successful project outcomes, showcasing your ability to adapt and find solutions in a fast-paced environment.

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What best practices would you implement for debit and prepaid card management?

Discuss specific best practices you believe are essential for driving growth and consumer preference. These could include performance metrics, customer feedback incorporation, and continuous improvement processes, ensuring your answer reflects a strategic approach to product management.

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How would you lead a cross-functional team to achieve product goals?

Illustrate your leadership style by emphasizing collaboration, communication, and goal alignment. Provide examples of how you've motivated a team through challenges, ensuring that everyone is working toward shared objectives and leveraging their strengths.

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What strategies would you use to drive innovation in Visa's debit and prepaid products?

Talk about your vision for innovation, including exploring emerging technologies, consumer insights, and competitive analysis. Provide examples of how you've previously introduced successful product innovations that aligned with customer needs and market demands.

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How do you measure the success of debit and prepaid card products?

Explaining your approach to metrics is crucial. Discuss relevant KPIs like consumer adoption rates, transaction volumes, or customer satisfaction scores, and how these metrics inform product adjustments and future strategies.

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How would you ensure compliance with regulatory requirements in product management?

Emphasize a proactive approach to compliance, such as staying informed about regulations and working closely with legal teams. Discuss the importance of embedding compliance in product development processes to avoid future issues.

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What role does consumer feedback play in product development?

Discuss the significance of consumer feedback in shaping products and strategies. Share your methods for gathering and analyzing feedback, and how you’ve used these insights to iterate and improve product offerings.

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Why do you want to work for Visa as the Sr. Director of Debit & Prepaid Card Products?

Reflect your enthusiasm for Visa’s role in the payments industry and how you align with their mission and values. Share your interest in leading the organization's debit and prepaid strategy, enhancing consumer experiences, and driving digital transformation in payments.

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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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