Director, Visa Direct Product

Job Description

Company Description

Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across 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.

When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.

Join Visa: A Network Working for Everyone.

Job Description

Visa Direct is a payment service that Visa provides to clients (sending and receiving financial institutions, processors, merchants and service providers) to facilitate fund transfers/disbursements around the world using push payment technology. Visa Direct consumer and business applications include person-to-person (P2P) transfer, person to micro-business transfer (e.g. payouts to shared economy providers), funds disbursement (e.g. insurance claim disbursements), and more. The push payments market is estimated to be more than USD80 Trillion of payment volume globally.

The Director, Visa Direct Product, will be a member of the Canadian New Payment Flows team, reporting to the Senior Director and product lead for Visa Direct and money movement solutions. The position will also be a member of the North America Visa Direct solution team.

This role will be responsible for planning, developing, and deploying new products/features and enhancing existing capabilities in accordance with the broader product strategy and roadmap. The incumbent will lead individual initiatives within the Visa Direct team, with a particular emphasis on supporting growth of cross border payment flows, new use cases and bolstering Visa Direct’s competitiveness with ACH and RTP schemes for domestic payments. The individual will work with cross-functional stakeholders in Canada, as well as and global product counterparts focused on money movement solutions, settlement, liquidity, and FX to ensure a unified customer experience across an increasingly diverse set of new endpoints.

Essential Functions

• Execute and evolve Visa strategy to support simple, transparent, scalable payments solutions that allow originators to move money easily
• Collaborate with peers and senior leaders to align product strategies and ensure proper coordination and messaging where appropriate. Provide executive briefings and ensure awareness of product rollout and migration efforts
• Respond to RFP’s: develop, manage, and coordinate pitch materials and financial incentives on Visa Direct components of client deals.
• Align with regional stakeholders on client engagement model to drive deal throughput
• Responsible for revenue targets and scaling of Visa Direct use cases/solutions
• Execute Visa Direct roadmap against overall commercial targets for all payment types and use cases
• Inform Visa Direct product strategy by developing in-market viewpoint and advocating for client needs internally
• Client interaction with corporate/treasury banks, Card Issuers, Acquirers, Processors and PSPs
• People management responsibility may be added to this role, but at this time it is an individual contributor
• Cross-functional interaction within Visa including Compliance, Client Readiness, Legal, Regulatory, Risk, Sales, Marketing, Product, Investor Relations, Corporate Development, Corporate Strategy and Technology
• Business and platform architecture

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 two days a week, Tuesdays and Wednesdays with a general guidepost of being in the office 50% of the time based on business needs.

Qualifications

• 10 years of work experience with a bachelor’s degree, 8 years of work experience with an Advanced degree
• Payments experience, including experience in product, processing, and/or digital technology
• Broad knowledge in electronic payments and digital transaction standards with ability to understand how use cases can be realized through payment technology
• Interest in, and understanding of, the GIG economy and new use cases for money movement
• Strong technical aptitude with understanding of predominant payment schemes, i.e. ACH, RTP, SWIFT, Cards.
• Proven project management skills, strong attention to detail and execution focus
• Strong problem-solving skills and ability to develop, understand, synthesize, and communicate technical complexities to non-technical peers and clients, both senior and junior, in a simple and clear manner.
• Demonstrated thought leadership and the aptitude to think creatively and identify new ways to innovate and differentiate products with evidence of tangible business results.
• Ability to inspire, influence, negotiate and drive results with those without direct management responsibility. Comfort leading and working closely with cross-functional teams required.
• Possess a high level of professionalism and leadership skills to build business relationships, trust and respect with business partners and cross-functional teams. Strong ability to collaborate across cultures.
• Passionate about what you do and excited about the opportunity to transform payments.
• Strong team player, self-motivated and the ability to work independently at coordinating cross functional activities, data collection, and use of good judgment to elevate issues at critical junctures appropriately.
• Strong interpersonal skills and the ability to communicate effectively (both written and verbal) with colleagues across functional areas, with senior management and clients.

Additional Information

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. I'm interested I'm interested Privacy Policy Cookies Settings