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Sr. Director, Value-Added Service (VAS) Product Development (PD) Strategy & Operations

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

Role Overview:
Visa is seeking a seasoned and highly motivated leader to lead the Strategy & Operations function within VAS Product Development (PD). VAS PD drives the diversification of our revenue with products that differentiate our network and deliver valuable solutions across other rails.  The team’s strategy is to increase value to clients by developing solutions that address complex and emerging client needs.

The Sr. Director, VAS PD Strategy and Operations, will partner closely with the SVP, VAS PD, and the VAS PD leadership team to define and articulate the organization strategy and translate that into an operating plan to run and measure the performance of the business.  This role sits at the intersection of multiple product and technology organizations and functions requiring organizational savvy and strong interpersonal skills.  This is a unique opportunity to work closely with senior leadership and make a significant impact on the VAS PD’s strategic direction and success. This role reports into the SVP, VAS PD.

This role requires a strategic visionary with a deep understanding of agile software development processes and technologies, along with a strong ability to lead and manage high-performing teams. This leadership role is essential to the successful growth and development of the organization. The ideal candidate should be highly motivated, with a proven track record of leading successful teams and an ability to drive and manage change.

Specific Responsibilities:

  • Drives the overall VAS PD strategy in partnership with the SVP, VAS PD, and the VAS PD leadership team, develops VAS PD Goals and Objectives & Key Results (OKRs).

  • Ensures OKRs and KPIs align with big picture strategy and creates infrastructure to measure and report.

  • Serves as a liaison between the SVP, VAS PD, the VAS PD organization and key stakeholders, owns process and management of business planning activities including monthly, quarterly and annual business reviews.

  • Partners with Product team on monitoring and reporting on project portfolio management and performance, providing insights and recommendations to senior leadership.

  • Manages the multi-million VAS PD budget in partnership with Finance, maintains spend within established targets and ensures each investment is backed by key ROI metrics.

  • Leads the creation and development of all executive presentations including, but not limited to Technology Executive, Product Delivery Council, and Quarterly Business Review (QBRs) Reporting.

  • Manages the VAS PD Workforce Plan and evolves VAS PD workforce and organizational metrics, manages total headcount of 3,800+ to optimize location strategy across all global locations.

  • Scales Early Careers and Alternative Talent Pathway programs, in partnership with the People Team, to gain needed skillsets and tap into new talent pools.

  • Oversees contractor supplier management of SOWs and related performance.

  • Drives VAS PD employee engagement, recognition and organization communications strategy.

  • Supports a globally distributed team of 3800+ headcount.

Personal Characteristics:

  • A hands-on approach to all activities with real passion and high levels of energy. Agile and comfortable adapting to different environments.

  • Courageous innovation: creative and resourceful in overcoming barriers and unexpected roadblocks 

  • An authentic leader who intuitively engenders an inclusive environment, enabling the business to reach its ambitious goals

  • Diversity of thought and experience: continually seeks new perspectives and feedback, takes an inclusive approach

  • High personal standards of ethics and integrity towards employees, stakeholders, and customers

  • High levels of learning-agility with a real interest in developing relationships with progressive businesses, combining a ‘technology / digital-first’ approach

  • Entrepreneurial and comfortable with ambiguous and change-led environments, self-confident with an authentic style that gravitates to championing change

  • Eager to seek a challenge and expand frontiers, brings a visionary approach.  Sets and meets a high bar of goals and principles.

  • Servant leadership mentality: deeply committed to serving and listening to others.  Natural ability to build strong relationships and enable collaboration through empathy and authenticity.

  • Committed to building a community through Visa Leadership Principles:

-Lead Courageously

-Obsess about customers

-Collaborate as one Visa

-Execute with excellence

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.

Qualifications

Basic Qualifications
•12+ years of relevant work experience with a Bachelor’s Degree or at least 9
years of work experience with an Advanced degree (e.g. Masters, MBA, JD,
MD) or 6 years of work experience with a PhD, OR 15+ years of relevant work
experience.

Preferred Qualifications
•Bachelor's degree in Business, Computer Science, or a related field. A Master's
degree or MBA is preferred.
•Minimum of 15 years of experience in project management in Product /
Software Development, with at least 5 years in a leadership role leading global
technology teams.
•PMP, Agile, Scrum, or similar project management certification is required.
•Proven experience in managing a PMO or technology business operations in a
software development environment, preferably within the financial services /
payments industry.
•Strong knowledge of Agile methodologies / principles and Product Lifecyle /
Roadmap management.
•Excellent leadership, communication, and stakeholder management skills.
•Strong data / financial analysis skills.
•Deep Payments industry knowledge.

Additional Information

Work Hours: Varies upon the needs of the department.

Travel Requirements: This position requires travel 5-10% of the time.

Mental/Physical Requirements: This position will be performed in an office setting.  The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.

Visa is an EEO Employer.  Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.  Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.

U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 191,700.00 to 299,650.00 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.

Average salary estimate

$245675 / YEARLY (est.)
min
max
$191700K
$299650K

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, Value-Added Service (VAS) Product Development (PD) Strategy & Operations, Visa

At Visa, we're on the lookout for a dynamic and seasoned Sr. Director of Value-Added Service (VAS) Product Development Strategy & Operations to ignite our operations and strategy within the VAS PD team based in Bellevue, WA. This unique opportunity is perfect for a strategic visionary who excels at leading high-performing teams and has a strong understanding of agile software development processes. You'll be at the forefront of developing innovative solutions that meet the complex needs of our clients while driving the growth of our revenue. As a vital partner to the SVP, VAS PD, you'll help define the organizational strategy, ensuring that our goals and objectives align seamlessly with our overarching mission. Beyond just managing a multi-million dollar budget, you will play a crucial role in creating executive presentations, managing business planning activities, and enhancing employee engagement strategies across our globally dispersed workforce of over 3,800 team members. If you're passionate about driving strategy, steering operations, and creating real impact in the payments industry, this role with Visa is your chance to be part of something transformative. Let’s uplift everyone together at Visa.

Frequently Asked Questions (FAQs) for Sr. Director, Value-Added Service (VAS) Product Development (PD) Strategy & Operations Role at Visa
What are the primary responsibilities of the Sr. Director, Value-Added Service Product Development Strategy & Operations at Visa?

The Sr. Director of Value-Added Service (VAS) Product Development Strategy & Operations at Visa is responsible for driving the overall VAS PD strategy in alignment with the SVP. This includes developing OKRs, managing a significant budget, overseeing business planning activities, and liaising between the SVP and various teams. This role is crucial in ensuring that the organization meets its ambitious goals and implements effective solutions for client needs.

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What qualifications are required for the Sr. Director, VAS Product Development role at Visa?

To qualify for the Sr. Director of VAS Product Development at Visa, candidates need extensive experience—at least 12 years with a Bachelor's degree or 15 years of relevant work experience. Preferred qualifications include a Master's degree or MBA, project management experience in Product/Software Development, and familiarity with agile methodologies. Strong leadership and stakeholder management skills are also essential.

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How does the Sr. Director manage the VAS PD budget at Visa?

The Sr. Director of VAS PD at Visa partners with the Finance team to manage a multi-million dollar budget. This involves maintaining expenditures within set targets, ensuring accountability with key ROI metrics for all investments, and leveraging financial analysis to drive business insights and strategies.

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What kind of leadership style is Visa looking for in its Sr. Director of VAS Product Development?

Visa seeks an authentic leader for the Sr. Director position who demonstrates a servant leadership mentality. This individual should foster an inclusive environment, be committed to personal and organizational integrity, and have the courage to innovate and drive change while actively listening to and engaging with their team.

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What opportunities for career development are available for the Sr. Director, VAS PD at Visa?

As a Sr. Director in the VAS Product Development team at Visa, individuals will have numerous career development opportunities. These include managing global teams, scaling talent programs, and collaborating closely with senior leadership. The role's emphasis on innovation and strategy provides a platform to shape the future of payment solutions while enhancing professional growth and expanding skill sets.

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Common Interview Questions for Sr. Director, Value-Added Service (VAS) Product Development (PD) Strategy & Operations
How would you define the VAS PD strategy at Visa?

To answer effectively, relate your understanding of Visa's commitment to innovation and customer-centric solutions in the payments industry. Discuss how you would align strategic initiatives with corporate goals and measure success through clear performance indicators.

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What experience do you have with agile methodologies and how would you apply them in this role?

Cite specific examples from your career where you've implemented agile practices, emphasizing adaptability and team collaboration. Discuss how focusing on customer feedback and iterative development can enhance product delivery within the VAS PD framework.

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Can you describe a time you managed a budget successfully?

Provide a detailed account of a previous budget management experience. Highlight how you set financial goals, monitored expenditures, and achieved a positive ROI, ensuring that your approach aligns with Visa’s strategic objectives.

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How do you approach stakeholder management?

Discuss your strategy for building relationships with stakeholders. Include methods for communication, engagement, and how you ensure their needs and feedback are integrated into project planning and execution for the VAS PD initiatives.

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What would your strategy be for enhancing employee engagement within the VAS PD team?

Outline strategies such as regular feedback mechanisms, recognition programs, and professional development opportunities that you would implement to foster a motivated, engaged workforce aligned with Visa's values.

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How do you prioritize tasks within a multi-million dollar project?

Propose a methodical approach to prioritization, considering factors like project impact, resource availability, and alignment with organizational goals. Discuss tools or frameworks that support effective prioritization in complex environments.

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Describe your experience with creating executive presentations.

Share specifics about past experiences where you presented complex data concisely and persuasively. Highlight your approach to visual storytelling and focusing on key takeaways that support decision-making at the senior leadership level.

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Can you talk about your experience leading global teams?

Reflect on your international management experiences, discussing the challenges and strategies you've employed for effective collaboration across diverse cultures and time zones, ensuring alignment with Visa’s mission and goals.

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What key metrics would you monitor to measure the success of VAS PD initiatives?

Discuss relevant metrics such as OKRs, customer satisfaction scores, cost-efficiency ratios, and time-to-market for product launches. Relate these metrics to Visa’s objectives and the importance of data in guiding decision-making.

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How do you adapt your leadership style when facing a challenging situation?

Provide an example where you've had to adjust your leadership approach in response to unforeseen challenges. Emphasize your ability to remain calm, seek input from your team, and pivot strategies to maintain progress and morale.

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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
January 11, 2025

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