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Sr. Director, Debit & Prepaid Card Products (Global) - job 5 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

$150000 / YEARLY (est.)
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$120000K
$180000K

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 the lead in shaping the future of payment solutions? At Visa, we are seeking a Senior Director, Debit & Prepaid Card Products (Global) to join our dynamic team in Foster City. In this pivotal role, you will oversee the strategic direction, operational efficiency, and innovative growth of Visa's global debit and prepaid product portfolios. You'll collaborate with a diverse range of stakeholders, from internal teams to clients across the globe, ensuring our products meet market demands and regulatory needs. Your expertise in the payments industry will be crucial as you work on best practices, operational efficiencies, and driving innovation in line with our Visa 2030 strategy. You'll lead a talented team, guiding them in developing effective end-to-end consumer experiences that enhance client preference for Visa. Additionally, you'll engage in thought leadership, translating insights to evolve our debit and prepaid solutions significantly. This position emphasizes hybrid work, allowing flexibility between remote work and our Foster City office, ensuring a balance that meets both company and personal needs. Come join Visa and help us pave the way for the next generation of payment technology!

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

The Senior Director, Debit & Prepaid Card Products (Global) at Visa is responsible for driving the strategic direction and innovation for Visa's debit and prepaid product offerings. This includes overseeing operational efficiency, developing best practices for product deployment, leading initiatives that align with Visa's 2030 strategy, and fostering collaboration across various teams to deliver superior consumer experiences.

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

Candidates for the Senior Director, Debit & Prepaid Card Products at Visa should possess deep expertise in the payments industry, strong analytical and strategic thinking skills, and the ability to drive cross-functional collaboration. A background in managing product portfolios and a strong understanding of market demands and regulatory requirements are essential to succeed in this role.

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How does the Senior Director role contribute to Visa's 2030 strategy?

The Senior Director, Debit & Prepaid Card Products plays a crucial role in implementing Visa's 2030 strategy by driving innovation and expanding the debit and prepaid business. This includes integrating new capabilities, enhancing consumer activation, and ensuring that Visa's products remain competitive and relevant in a rapidly evolving financial landscape.

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What does the hybrid work model look like for the Senior Director role at Visa?

The Senior Director, Debit & Prepaid Card Products at Visa will benefit from a hybrid work model, where they can alternate between remote work and being in the office in Foster City. Employees are expected to work in the office 2-3 set days per week, promoting flexibility while ensuring collaboration and engagement with the team.

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How essential is thought leadership in the Senior Director role at Visa?

Thought leadership is a vital component of the Senior Director, Debit & Prepaid Card Products role at Visa. The individual will be responsible for providing insights that inform product development and help define the future direction of Visa's debit and prepaid solutions, ensuring they stay ahead of market trends and consumer needs.

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

When answering this question, highlight specific roles or projects that demonstrate your expertise in managing debit and prepaid products. Discuss the strategies you've employed to enhance product adoption and engagement, and how your experience aligns with Visa's objectives for innovation and operational efficiency.

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

Discuss your approach to staying informed about relevant regulations and industry standards. Provide examples of how you've successfully integrated compliance into product processes and ensured your team understands and adheres to these regulations in past roles.

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What strategies do you use to drive innovation in digital payments?

Share specific examples of innovative product solutions you've developed or contributed to, emphasizing your role in identifying opportunities and executing them. Highlight how your strategies align with current trends in digital payments and Visa's vision for the future.

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

Discuss key performance indicators (KPIs) you use to assess product success, such as consumer engagement, adoption rates, and revenue growth. Provide examples of how you've used data-driven insights to make decisions and drive improvements.

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Can you describe a time when you led a cross-functional project?

When answering this question, highlight the project scope, your role, and the outcome. Emphasize your collaborative approach and how you engaged with different teams to achieve project goals, showcasing your leadership and communication skills.

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What motivates you to work in the payments industry?

Share your passion for the payments industry and discuss what drives your interest in advancing payment solutions. Connect your motivation to Visa's mission and values to show alignment with the company culture.

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How do you approach identifying best practices in product management?

Discuss your methods for researching and analyzing industry standards, trends, and competitor strategies. Highlight a specific instance where you identified a best practice that improved product performance and how you implemented it with your team.

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What do you consider essential qualities for a leader in the payments industry?

Mention qualities such as adaptability, strategic thinking, and strong communication skills. Explain how these traits contribute to effective leadership and share examples of how you've embodied these qualities in your previous roles.

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How do you prioritize competing initiatives within the product management scope?

Explain your approach to prioritization, emphasizing the importance of aligning initiatives with company goals and market needs. Discuss a specific situation where you successfully balanced competing priorities and the rationale behind your decisions.

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What role does customer feedback play in your product development process?

Emphasize the significance of incorporating customer feedback into product management. Provide examples of how you have gathered insights from customers and how those insights have influenced product enhancements and strategy.

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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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