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Sr. Director, Debit & Prepaid Card Products (Global) - job 4 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 a seasoned expert in payment solutions, ready to take charge of innovative debit and prepaid products? At Visa, we're on the hunt for a Sr. Director of Debit & Prepaid Card Products to join our vibrant team in Foster City. Our Card Product group is responsible for shaping and optimizing Visa's core consumer payment products, and this role is key to leading that charge. As the Sr. Director, you'll be diving deep into operational efficiency, defining and modernizing product rules, and spearheading best practice development. Your strong analytical skills and passion for innovation will allow you to execute exciting initiatives as part of the Visa 2030 strategy, ensuring our products remain market-leading. This isn't just about managing products; it’s about driving thought leadership and influencing the future of payments! You’ll collaborate closely with various teams globally, ensuring that our products not only meet market demands but also delight consumers. You’ll also oversee compliance with industry regulations while exploring new opportunities for Visa's debit franchise. This hybrid position offers flexibility while still providing impactful engagement in our office. If you thrive in a collaborative environment and are ready to revolutionize the payments landscape, we want to hear from you. Join us at Visa, where your leadership can transform the debit and prepaid card product line into something revolutionary for our clients across the globe!

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

The Sr. Director, Debit & Prepaid Card Products at Visa is responsible for several initiatives focusing on operational efficiency, best practices development, driving innovation, and thought leadership. This includes overseeing the administration of product rules, enhancing product technology frameworks, and developing global best practices to drive consumer preference and growth for Visa. The role also entails collaborating across multiple regions and functions to align product strategies, ensuring compliance with regulations, and exploring new opportunities within the debit and prepaid segments.

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What qualifications are needed for the Sr. Director, Debit & Prepaid Card Products at Visa?

Candidates for the Sr. Director, Debit & Prepaid Card Products role at Visa should possess extensive experience in the payments industry, showcasing strong analytical and strategic thinking skills. A proven track record in product management, particularly in debit and prepaid card solutions, is vital. Ideal candidates should also demonstrate leadership capability, fostering cross-functional collaboration, and delivering innovative product solutions that meet market needs and regulatory standards.

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How does the Sr. Director, Debit & Prepaid Card Products contribute to Visa’s digital migration strategy?

The Sr. Director, Debit & Prepaid Card Products plays a crucial role in Visa’s overall digital migration strategy by ensuring that debit functionality is seamlessly integrated with innovative technology such as Visa’s Flexible Credential chassis. This involves actively identifying and facilitating new opportunities to enhance the consumer payment experience while leveraging core products to drive Visa’s digital payment enablement across all markets.

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What is the working environment like for the Sr. Director, Debit & Prepaid Card Products role at Visa?

The working environment for the Sr. Director, Debit & Prepaid Card Products at Visa is hybrid, allowing employees to split their time between remote work and the office. Visa encourages collaboration and teamwork by setting a structured office presence of 2-3 days a week, fostering innovation, and allowing you to engage directly with your colleagues, while also offering the flexibility that modern professionals seek.

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What impact does the Sr. Director, Debit & Prepaid Card Products have on Visa's clients?

The impact of the Sr. Director, Debit & Prepaid Card Products on Visa's clients is significant. By leading product innovation and ensuring compliance with market demands, this role directly influences how Visa's debit and prepaid card solutions are perceived and utilized by consumers. Your leadership in developing best practices and driving operational excellence will empower Visa to maintain strong client relationships and enhance satisfaction through superior product offerings.

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Common Interview Questions for Sr. Director, Debit & Prepaid Card Products (Global)
Can you describe your experience in managing payment product portfolios?

In answering this question, focus on your previous roles managing payment products, highlighting specific experiences where you led product innovation, improved operational processes, or drove consumer engagement. Mention how your strategies aligned with business objectives and the results achieved.

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How do you approach driving cross-functional collaboration?

For this question, share examples of how you’ve successfully worked across different teams, emphasizing your communication skills and project management experience. Describe specific situations where collaboration led to successful product outcomes, showcasing your ability to bring stakeholders together.

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What strategies do you employ to innovate debit and prepaid card offerings?

When discussing strategies for innovation, focus on your methods for identifying market trends, customer needs, and technological advancements. Provide examples where your innovative ideas were implemented, and discuss how they impacted product performance and consumer experience.

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

Highlight your familiarity with compliance frameworks and regulations relevant to debit and prepaid products. Discuss your process for monitoring changes in regulations, conducting compliance reviews, and implementing necessary changes in product policies to maintain regulatory standards.

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What metrics do you consider when assessing product performance?

In response, outline specific key performance indicators (KPIs) that are vital for product performance assessment, such as consumer adoption rates, growth in transactions, and customer satisfaction scores. Discuss how you leverage these metrics to inform product strategy and enhancements.

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How do you stay updated on trends in the payments industry?

Explain the resources you utilize for staying updated, including industry publications, conferences, and networking with other professionals in the sector. Emphasize your proactive approach to gather insights and apply them to your work in product development.

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Describe a time when you had to lead a significant product initiative.

Use the STAR method to outline a situation where you led an important product initiative. Cover the objective, your actions, the challenges faced, and the successful outcomes achieved, emphasizing your leadership and problem-solving skills.

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What are your thoughts on the future of prepaid cards?

Share your insights on the trends impacting the prepaid card market, such as technological advancements and shifts in consumer behavior. Discuss your ideas on how Visa can leverage these trends to innovate and strengthen its prepaid offerings.

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How do you handle competing priorities in product management?

Discuss your approach to prioritization, using real-life examples to illustrate how you balance competing demands while ensuring that critical product timelines are met. Mention collaboration with stakeholders to align priorities effectively.

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What do you believe is the most important trait for someone in this Sr. Director role?

Reflect on leadership traits that you deem essential for the Sr. Director, Debit & Prepaid Card Products role, such as strategic thinking, innovation, or collaboration. Provide examples of how you embody these traits in your professional journey.

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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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