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Vice President, Healthcare Payment Solutions

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

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.

 

Team Summary

The Visa Healthcare team is charged with leading the sales strategy and commercialization of best-in-class healthcare payment solutions as we seek to meet the growing and increasingly diversified needs of healthcare organizations, payers, providers, and the issuer and fintech clients driving the digitization of payments in the healthcare space.  This team will need to understand the end user needs to make sure our offerings, and those of issuers and fintech’s resonate.   In addition, this team is responsible for building and delivering a go to market strategy inclusive of marketing and sales materials, events, and thought leadership communicating our diverse set of products and services serving this segment across the enterprise.  

 

Position Overview

The VP, Healthcare is a highly experienced and dynamic healthcare payments sales executive.  The ideal candidate will be adept driving revenue and setting a sales strategy for the healthcare and insurance sector, engaging credibly and effectively with various stakeholders including financial institutions, health tech, merchants, industry groups, and government entities. The role reports to the SVP, Visa Commercial Solutions for North America, and is a member of their leadership team.  In addition, this leader will dotted line into the SVP, Global Large and Middle Market. This leader is instrumental in accelerating business growth in this vertical.

Key Responsibilities

  • This leader will be responsible for driving revenue growth by establishing a sales strategy and pipeline across employee benefits, healthcare and insurance, and identify cross sell opportunities for additional Visa solutions. 
  • Lead the direct team responsible for Employee Benefits and Virtual Card payment product account management and business development. 
  • Manage client and prospect opportunities solutioning a segment approach across various B2C and B2B payment flows.
  • Deliver a US Healthcare go to market and thought leadership strategy including social, media, events, and speaking engagements. 
  • Serve as the advocate for the customer, collaborating with the product team to develop superior solutions. Gain a thorough understanding of the healthcare sector's needs and challenges related to payments and align this knowledge with Visa’s capabilities to address or improve our products and solutions.
  • Work effectively across multiple stakeholders across the B2B Fintech Partnership and Large Middle Market teams in VCS.
  • Manage budget and financial responsibilities

 

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

Qualifications

Basic Qualifications
• 12 years of work experience with a bachelor’s degree or at least 10 years of experience with an Advanced degree (e.g., Masters/MBA/JD/MD) or at least 8 years of work experience with a PhD
• 12+ years’ experience in sales within a financial institution, consultant or healthcare payments technology company: experience with Treasury operations, working capital and cash management initiatives, Revenue Cycle Management, Epic/EHR implementations and payment collections initiatives
• Experience selling products and services in healthcare that involve financial/payments components (e.g., launching plans with supplemental benefits/OTC cards, virtual cards for payer to provider, HSA/FSA products, revamping patient and payments journeys)
• Seasoned leader with extensive industry and functional expertise, including sales, business development, contract negotiations, marketing, and sales.
• Proven success with sales, consultative selling, and management experience. Strong track record of success in managing, leading, and motivating high performing/ quality teams.
• Ability to engage credibly and effectively with healthcare stakeholders
• Knowledge of the structure of the industry and the relationships between patients, providers, payers, funders and the government
• Adept at executive level presentations, required to be active at industry conferences and thought leadership
• Able to navigate a highly matrixed environment
• Experience managing hard line and dotted line teams.
• Ability to build strong relationships and enable collaboration with large cross-functional teams.
• Effective communication skills with the ability to negotiate and influence key stakeholders at all levels both internally and externally to Visa.
• Lead as the Visa Ambassador for Healthcare.
• Consistent record of having met challenging financial and business targets.
• Proven track record of driving innovation and leading change in successful top tier companies.
• Committed to building and inclusive and productive work environment through Visa’s Leadership Principles.

Preferred Qualifications
• 15 or more years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD, PhD)

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 189,000 to 369,000 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

$279000 / YEARLY (est.)
min
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$189000K
$369000K

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 Vice President, Healthcare Payment Solutions, Visa

Are you ready to lead the charge in revolutionizing healthcare payments? Visa, a world leader in payments and technology, is searching for a dynamic Vice President, Healthcare Payment Solutions to join our innovative team in Denver, CO. In this pivotal role, you will be at the forefront of crafting and implementing sales strategies that cater to the evolving needs of healthcare organizations, payers, and providers. You will not just drive revenue; you will help shape the future of healthcare payments and ensure our solutions resonate effectively with diverse stakeholders. Collaborating closely with industry leaders, you will advocate for our customers as you develop superior payment solutions that streamline processes and enhance user experiences. Your insights into the unique challenges faced by the healthcare sector will be invaluable as you guide your team to deliver comprehensive go-to-market strategies that include impactful marketing and thought leadership initiatives. With your seasoned leadership and an established network in the healthcare industry, you will inspire a high-performing team while engaging effectively with financial institutions and government entities. If you possess a track record of success in sales and a passion for transforming payment experiences in healthcare, then this is the role for you! Join Visa, and together, let’s uplift everyone, everywhere, through the best way to pay and be paid. Come experience Life at Visa today!

Frequently Asked Questions (FAQs) for Vice President, Healthcare Payment Solutions Role at Visa
What are the key responsibilities of the Vice President, Healthcare Payment Solutions at Visa?

As the Vice President, Healthcare Payment Solutions at Visa, you will be responsible for driving revenue growth through strategic sales initiatives focused on the healthcare and insurance sectors. Your duties will include managing account teams, developing sales pipelines, leading product development collaboration, and crafting go-to-market strategies that highlight our comprehensive suite of payment solutions.

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What qualifications are needed for the Vice President, Healthcare Payment Solutions position at Visa?

To qualify for the Vice President, Healthcare Payment Solutions role at Visa, candidates should possess at least 12 years of work experience in sales within a financial institution or healthcare payments technology company. Additionally, advanced degrees such as a Master's or MBA are preferred, along with strong expertise in sales, business development, and contract negotiations.

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How does the Vice President, Healthcare Payment Solutions at Visa interact with healthcare stakeholders?

In the role of Vice President, Healthcare Payment Solutions at Visa, you will engage effectively with various healthcare stakeholders, including providers, payers, and financial institutions. This involves building strong relationships, presenting solutions that resonate with end users, and listening to their needs to customize your strategies and offerings.

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What is the expected travel for the Vice President, Healthcare Payment Solutions position at Visa?

The Vice President, Healthcare Payment Solutions role at Visa entails light travel, typically around 5-10% of the time. This travel may be required for client meetings, industry events, and conferences to showcase Visa’s innovative payment solutions in the healthcare sector.

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What type of work environment can a Vice President, Healthcare Payment Solutions at Visa expect?

The Vice President, Healthcare Payment Solutions position at Visa is a hybrid role, allowing for flexibility in your work environment. The expectation regarding in-office days will be confirmed by your hiring manager, ensuring a balance between collaborative team interactions and personal productivity.

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Common Interview Questions for Vice President, Healthcare Payment Solutions
Can you describe your experience with healthcare payment solutions?

When answering this question, focus on specific healthcare payment solutions you've successfully implemented or managed, detailing your role, the challenges faced, and the outcomes achieved. Highlight how your experience aligns with Visa's goals in this sector.

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How do you approach developing a sales strategy for a new market segment?

Discuss your methods for market analysis, identifying key stakeholders, and understanding customer needs. Emphasize the importance of tailoring your approach based on thorough research and leveraging past experiences to drive successful outcomes.

Join Rise to see the full answer
What steps do you take to ensure collaboration across cross-functional teams?

Talk about your strategies for fostering open communication, setting shared goals, and creating inclusive environments. Sharing examples of past collaborative projects can demonstrate your leadership and teamwork capabilities.

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How do you measure success in your sales initiatives?

Identify specific metrics that you use to assess sales success such as revenue growth, client retention, and market penetration. Be prepared to illustrate your ability to set and exceed sales targets based on past performance.

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Describe a challenging negotiation you managed in your previous roles.

Provide a detailed instance where you successfully navigated a complex negotiation. Highlight your approach, the obstacles you faced, and the strategies you employed to reach a favorable outcome.

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What innovations do you believe could transform healthcare payment solutions?

Share your insights on potential innovations within the healthcare payments landscape. Discuss emerging technologies, consumer trends, or regulatory changes that could impact how payments are processed and examples of how Visa could leverage these trends.

Join Rise to see the full answer
How do you stay informed about industry trends in healthcare payments?

Discuss your methods for keeping up with industry changes, such as following relevant publications, participating in industry conferences, and networking with key professionals. Show how this knowledge informs your strategic planning.

Join Rise to see the full answer
What role does customer feedback play in your product development process?

Describe how you gather and utilize customer feedback to refine product offerings. Emphasize the importance of aligning product capabilities with market needs to drive satisfaction and retention.

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How would you act as an ambassador for Visa within the healthcare sector?

Outline your approach to representing Visa in the healthcare sector, focusing on your communication skills, thought leadership engagement, and collaboration with industry stakeholders to advance Visa's reputation as an industry leader.

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Can you provide an example of how you've driven change in a previous role?

Share a concrete example that demonstrates your ability to lead change initiatives. Discuss the situation, your role in driving the change, and the resulting impact on the organization or team efficiency.

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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
March 20, 2025

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