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Sr Manager, Pricing CMS

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

The Pricing Strategy team at Visa is responsible for managing pricing with the objective of driving revenue growth of Visa’s network and adoption of services globally.  Pricing is a critical lever in driving these objectives and is central to Visa’s business. The Global Pricing Strategy team provides pricing expertise and collaborates with cross-functional teams and product owners to develop go-to-market strategies, client deal strategies, and multi-year financial planning. We are a small but impactful team which works with leaders and executives to design pricing solutions and drive revenue growth.  

The Senior Manager, North America Pricing Strategy, will support and lead projects related to Visa’s North America pricing strategy and broader corporate initiatives, with focus on client pricing and strategy. The successful candidate will be a strategic thinker, ideally with a background in consulting/strategy coupled with operational experience.  This person will be recognized as a leader by peers and senior management, will think strategically and holistically about the business, and excel at quickly grasping and clearly communicating complex topics.  Your work will be highly visible to leadership and will drive key insights for management discussions. The Senior Manager will report to the Senior Director, North America Pricing Strategy.

Essential Functions:

  • Drive new North America pricing initiatives to achieve strategic business or revenue outcomes.
  • Apply a variety of pricing frameworks and strategies to solve business problems and opportunities. Lead pricing development and execution, including business case development, stakeholder impact assessments, management approvals, and support for external communications
  • Provide rigorous, quantitative, and qualitative analyses in support of identifying and vetting opportunities to drive Visa’s revenue
  • Develop clear and concise executive level communications. Communicate recommendations to senior management, other executive, functional, or regional staff and management in a clear, concise and impactful way.
  • Support elements of global pricing strategy development and refinement, including global pricing opportunity identification and pricing change planning
  • Work with cross-functional teams (product, interchange, finance, legal, sales, etc.) to execute various pricing initiatives. Provide pricing expertise as well as best practices for disciplined pricing and deal management
  • Build and maintain business landscape knowledge, to provide foundational context for pricing initiatives
  • Participate in continuous training with other functions in the Global Pricing & Interchange Strategy team
  • Specific projects will vary greatly in sponsor, business or strategic focus, depth, and stakeholder served, ranging from broad coordination efforts across multiple countries and/or functional areas to focused special assignments for senior management that are of particular high strategic importance to Visa Inc.

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:
•8 or more years of relevant work experience with a Bachelor Degree or at least
5 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or
2 years of work experience with a PhD

Preferred Qualifications:
•9 or more years of relevant work experience with a Bachelor Degree or 7 or
more relevant years of experience with an Advanced Degree (e.g. Masters,
MBA, JD, MD) or 3 or more years of experience with a PhD
•Experience and exposure to pricing management within industry preferred (i.e.
software, telecommunications, consumer goods)
•Ability to lead and influence decisions of others, including North America
leadership team and other partners
•Ability to structure and manage complex cross-enterprise projects and
processes with multiple stakeholders
•Superior analytical and problem solving skills, with demonstrated intellectual
and analytical rigor
•Proven leader, with experience leading and executing complex, cross-
functional strategic projects
•Strong interpersonal skills with presence and the ability to clearly
communicate compelling messages to senior and executive management,
clients, peers, and team members
•Ability to work with limited direction, usually within a complex and often
ambiguous environment, to drive rigorous, fact-based recommendations to
senior and executive management, while supporting syndication with
stakeholders across the organization.
•Eagerness to work intensively in joint teams with personnel of all levels to
accomplish project objectives.
•Proficient in Excel and PowerPoint

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 142,200.00 to 206,350.00 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

$174275 / YEARLY (est.)
min
max
$142200K
$206350K

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 Manager, Pricing CMS, Visa

Join Visa as a Senior Manager, Pricing Strategy in Foster City, CA, where you'll play a pivotal role in driving revenue growth and shaping the future of payment solutions. In this dynamic role, the Pricing Strategy team collaborates across various functions to deliver strategic insights and innovative pricing solutions. You will design and implement pricing strategies that not only enhance Visa’s service adoption but also contribute significantly to our bottom line. Your expertise in both consulting and operational facets will enable you to lead crucial projects while influencing key stakeholders and executives. A day in the life involves conducting rigorous quantitative analyses, building effective communication with senior management, and aligning with cross-functional teams to execute various pricing initiatives. Every interaction you have will be valued, as your work aims to propel Visa's mission of uplifting everyone through secure and reliable payment networks. We embrace a hybrid work environment, balancing office and remote work, while you enjoy the chance to thrive within an innovative company that values collaboration, diversity, and personal growth. If you’re a strategic thinker passionate about making a meaningful impact in the payments industry, we invite you to join our small yet highly effective team at Visa, where your insights will lead the charge toward innovative pricing solutions.

Frequently Asked Questions (FAQs) for Sr Manager, Pricing CMS Role at Visa
What are the main responsibilities of a Senior Manager, Pricing Strategy at Visa?

As a Senior Manager, Pricing Strategy at Visa, you will be responsible for driving key pricing initiatives aimed at boosting revenue and service adoption. This includes executing pricing strategies, conducting in-depth analyses, developing business cases, and leading projects that require collaboration with internal stakeholders. Your role involves crafting clear communications to senior management and influencing decision-making across teams.

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What qualifications are needed for the Senior Manager, Pricing Strategy role at Visa?

For the Senior Manager, Pricing Strategy at Visa, a strong background in pricing management is preferred, along with a Bachelor’s degree and 8 or more years of relevant work experience. Advanced degrees like an MBA or PhD can also substitute for experience. Key skills include analytical problem-solving abilities, strategic leadership, and excellent communication skills to engage effectively with cross-functional teams and senior executives.

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How does Visa support the career growth of a Senior Manager in Pricing Strategy?

Visa places a strong emphasis on career development for professionals in the Senior Manager, Pricing Strategy role. You will be involved in various training programs, collaborative cross-functional projects, and have the opportunity for mentorship from executives. The environment at Visa encourages learning and professional growth, supporting you as you progress your career within the company.

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What is the work environment like for a Senior Manager, Pricing Strategy at Visa?

The work environment for a Senior Manager, Pricing Strategy at Visa is hybrid, allowing you to balance office and remote work. You will work collaboratively in a vibrant office setup that fosters teamwork and creativity, while also having the flexibility to work from home. This flexible arrangement is designed to encourage productivity while maintaining a healthy work-life balance.

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What types of projects would a Senior Manager, Pricing Strategy lead at Visa?

A Senior Manager, Pricing Strategy at Visa would lead a variety of strategic pricing initiatives, from developing new pricing frameworks to analyzing revenue opportunities. Projects could range from regional pricing strategies to comprehensive pricing models that involve coordinating with global stakeholders. The role is focused on enhancing revenue outcomes through well-crafted pricing approaches.

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Common Interview Questions for Sr Manager, Pricing CMS
Can you describe your experience with pricing strategy in previous roles?

Be prepared to discuss specific examples of pricing strategies you’ve developed or implemented, describing the context, your approach, and the results achieved. Highlight your analytical methods and the impact these strategies had on revenue growth or service adoption.

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How do you prioritize projects when multiple assignments are on your plate?

A good approach would be to explain your criteria for prioritization, such as impact on revenue, alignment with corporate strategy, or urgency. Highlight that you utilize tools like project timelines or stakeholder feedback for managing your workload efficiently.

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What methods do you use for conducting market analysis?

Share your experience with various market analysis techniques. Discuss how you gather data, analyze trends, and assess competitor pricing. Mention the tools or software you leverage for this purpose and the importance of data-driven decision-making.

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How do you influence stakeholders to adopt your pricing recommendations?

Demonstrate your ability to communicate effectively by discussing how you present data, the rationale behind your recommendations, and how you handle objections. Explain your approach to building consensus and fostering collaboration among different departments.

Join Rise to see the full answer
Can you give an example of a time you faced a significant challenge in pricing strategy and how you addressed it?

Illustrate a specific challenge, detailing the obstacles faced and the strategic steps you took to overcome them. Discuss the outcomes of your actions and how they contributed to the organization’s goals.

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What is your approach to developing executive-level communications?

Discuss how you tailor your communications to meet the needs of executive audiences, emphasizing clarity, conciseness, and visual data representation. Provide examples of communications you’ve crafted, focusing on the key messages they conveyed.

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How do you keep abreast of changes in the payments industry and pricing strategies?

Mention the various resources you utilize, from industry reports, webinars, and networking with peers to educational courses. Highlight your commitment to continuous learning and staying informed on both trends and technologies.

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Describe a successful pricing initiative you’ve led and what made it successful.

Provide a detailed description of a pricing initiative you executed, focusing on your role, the research and analysis involved, and the results. Discuss how collaboration with others contributed to the initiative's success.

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How do you ensure alignment between pricing strategy and business objectives?

Explain your process for aligning pricing strategies with broader business goals, including stakeholder engagement, continuous feedback loops, and metrics for measuring success. Highlight how this alignment enhances overall strategy execution.

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What tools or software are you proficient in that aid in pricing strategy?

Discuss your proficiency with relevant tools like Excel, PowerPoint, or specialized pricing software. Explain how they've enhanced your ability to analyze data, create presentations, and model pricing scenarios effectively.

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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 10, 2025

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