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Sr. Director, Debit & Prepaid Card Products (Global) - job 3 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

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, Debit & Prepaid Card Products (Global), Visa

Are you ready to take on an exciting leadership role at Visa as the Senior Director of Debit & Prepaid Card Products (Global) in Foster City? This is an incredible opportunity to spearhead the optimization and innovative deployment of Visa's core consumer payment solutions globally. As a pivotal player in the Card Product group, you’ll work closely with various stakeholders and clients to transition traditional card-based solutions to digital formats while ensuring Visa maintains its status as a leading payment platform. Reporting to the Global Head of Card Products, you'll oversee operational efficiency, best practices development, innovation drives, and thought leadership initiatives. Your expertise will help shape the future direction of debit and prepaid solutions, ensuring they meet market demands and regulatory requirements. With a strong focus on collaboration, you'll interface seamlessly with teams across various regions to empower Visa’s product differentiation and enhance consumer engagement. This role demands a strategic thinker with deep knowledge of the payments industry and excellent analytical skills to deliver competitive product solutions. Join Visa, where you’ll play a vital role in driving consumer preference for our offerings and help innovate in the world of digital payments. With a hybrid working model, you’ll enjoy the flexibility of working from home while also engaging with your team in the office several days a week. Come be a part of our mission to enable superior value propositions for consumers worldwide!

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

As the Senior Director of Debit & Prepaid Card Products at Visa, you will oversee operational efficiency, best practices development, innovation initiatives, and thought leadership within the product area. You will manage product rules, drive growth for debit and prepaid products, and ensure alignment with Visa’s strategic objectives. You’ll also be responsible for leading cross-functional collaboration to deliver exceptional consumer experiences.

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

The Senior Director role at Visa requires a deep expertise in the payments industry, strong analytical and strategic thinking skills, along with a proven ability to drive collaboration across teams. Candidates typically need a background in product management, finance, or a related field, complemented by leadership experience in developing and showcasing innovative payment solutions in global markets.

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How does Visa’s Senior Director of Debit & Prepaid Card Products drive innovation?

In the role of Senior Director of Debit & Prepaid Card Products, you will lead initiatives aligned with Visa's 2030 strategy aimed at expanding the debit and prepaid business. This includes integrating Visa Debit functionalities with innovative capabilities and exploring new opportunities that arise in the traditional card issuance business. Your strategic thinking will help foster innovative solutions that cater to evolving consumer needs.

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What role does the Senior Director play in enhancing operational efficiency at Visa?

The Senior Director of Debit & Prepaid Card Products at Visa plays a crucial role in enhancing operational efficiency by overseeing the definition and administration of product rules and the technology framework necessary for product delivery. You will implement best practices to drive growth and streamline operations, ensuring Visa remains industry-leading in product offerings and delivery.

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What can candidates expect from the work environment for the Senior Director position at Visa?

Visa offers a hybrid work environment for the Senior Director of Debit & Prepaid Card Products role, allowing flexibility in working from home and in the office. Employees are expected to work from the office 2-3 days a week, promoting collaboration and engagement while also accommodating the needs of their work-life balance.

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Common Interview Questions for Sr. Director, Debit & Prepaid Card Products (Global)
How would you approach developing best practices for debit and prepaid products at Visa?

When developing best practices for debit and prepaid products, my approach would begin with a comprehensive analysis of current trends and consumer preferences. Collaborating with regional teams to gather insights is vital, as those perspectives inform tailored strategies. Finally, I would implement a continuous feedback loop to refine practices based on performance and consumer feedback.

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Can you provide an example of how you have driven innovation in past roles?

In my previous role, I spearheaded a project that integrated mobile app functionalities with a payment platform, enhancing user experience significantly. I led a cross-functional team to brainstorm and prototype innovative features, ensuring they aligned with user needs, which eventually resulted in increased engagement and market share.

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What methods do you use to assess operational efficiency in product management?

To assess operational efficiency, I leverage analytics and KPI tracking to identify bottlenecks and measure product performance. Regularly conducting stakeholder reviews and consumer feedback sessions helps in gauging effectiveness and pinpointing areas for improvement, which enables timely adjustments and upgrades.

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

Ensuring compliance involves detailed collaboration with legal and compliance teams during the ideation and development phases. I prioritize keeping up-to-date with regulatory changes and integrating those requirements into the product development lifecycle, alongside thorough reviews and audits post-launch.

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Describe a time when you had to collaborate with cross-functional teams. How did you ensure success?

During a major product launch, I coordinated between marketing, finance, and development teams. To ensure success, I scheduled regular check-ins and established clear communication channels using project management tools. This encouraged transparency, quick issue resolution, and propelled us toward a cohesive launch campaign that met all stakeholders' objectives.

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What do you think are the most significant trends currently impacting the debit and prepaid industry?

Significant trends include the rise of digital wallets, the increasing demand for subscription-based services, and the integration of artificial intelligence in customer service. Understanding these trends allows Visa to enhance product offerings that align with consumer expectations in a rapidly changing payment landscape.

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How do you prioritize competing initiatives within a product management strategy?

Prioritizing competing initiatives requires a clear understanding of strategic company objectives and their alignment with consumer needs. I employ a scoring system based on potential revenue impact, market demand, and resource availability to differentiate priorities and focus efforts where they will have the greatest effect.

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What strategies would you employ to enhance consumer engagement with Visa products?

To enhance consumer engagement, I would advocate for personalized marketing approaches that leverage data analytics to cater to individual needs and preferences. Additionally, implementing loyalty programs, offering educational resources, and being responsive to feedback ensures that consumers feel valued and connected to Visa's services.

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How do you envision the future of debit and prepaid solutions evolving?

I envision a future where debit and prepaid solutions are heavily integrated with advanced technologies such as biometrics and machine learning, resulting in a seamless, secure user experience. The focus will be on flexibility, accessibility, and enhanced consumer control over their payment methods, fully supporting the shift toward digital-first financial interactions.

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What makes you a good fit for the Senior Director role at Visa?

My extensive experience in product management within the payments industry, coupled with my passion for driving innovation and collaboration, uniquely positions me for the Senior Director role at Visa. I have a proven track record of developing successful product strategies that enhance consumer engagement and meet business objectives while fostering an inclusive team environment.

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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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