Director, Business Development & Portfolio Management (Banks & Remitters)

  • Full-time
  • Job Family Group: Sales and Business Development

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

Company Description

Fascinated by the future and captivated by technology?

Smart, driven and want to make a difference in the world?

You’ll fit right in.

Join a diverse team at Visa, where your individuality fits right in. We can provide the opportunity to shape the payments experience globally. Together, let’s transform the way the world pays.

Think you know us?

Our mission is to connect the world through the most innovative, reliable and secure digital payment network that enables individuals, businesses and economies to thrive.

Individuality fuels our brand and our global team – we’re proud that we are a talented team of 15,000 individuals with unique backgrounds, perspectives and experiences. Therefore, we understand that you are much more than your day job. We encourage quality of life outside of the office, whether it’s taking advantage of agile work schedules or our wellness programs, Visa respects and encourages meaningful work/life balance for everyone. In addition, we offer market leading salary and have a fantastic benefit offering.

So, if you’re not satisfied with the status quo, we can satisfy your desire to explore new territory, giving you the runway to really make an impact, whilst connecting you with teams around the world in a truly inclusive culture that celebrates our uniqueness.

Job Description and Responsibilities

If you think you could support Visa Direct as Director, Bank & Cross Border Business Development for APAC we want to hear from you – together, let’s make Visa a great place to work.

What’s it all about?

Visa Direct is a payment service that Visa provides to clients (issuers, acquirers, processors, merchants and service providers) to facilitate fund transfers/disbursements to Visa accounts around the world using push payment technology, i.e. Original Credit Transaction (OCT).  Visa Direct consumer and business applications include person-to-person (P2P) transfer, person to micro-business transfer (e.g. payments to landscaper), funds disbursement (e.g. insurance claim disbursements), bill payment, cross-border remittance and more.  Currently, the push payments market around the world is estimated to be an $80T opportunity. 

The individual will contribute to Bank & Cross border sales acceleration for Visa Direct in APAC.  This is a unique opportunity to be part of building a new ecosystem in the fast moving world of payment and one of the most important initiatives at Visa.

This role will be responsible for leading the team to achieve sales targets and ensuring breakout growth of Visa Direct across the region.  We will be working in an agile environment, so this person must be proactive to ensure we achieve our goals.  Must be able to pivot and adjust as new information and lessons learned come to light.

Organizational savvy and interpersonal skills are critical, as we interface with specialized product groups, financial institution sales, merchant and acquiring sales, client consulting, marketing and corporate communications, legal, and finance to coordinate the end goal of achieving aspirational objectives. 

What we expect of you, day to day.

Achieve or exceed sales targets for Visa Direct across the region

  • Achieve annual sales goals for both banks and remitters sales of Visa Direct, in partnership with local sales teams
  • Take clients through the sales cycle from prospecting to solutioning to deal structure to contract
  • Develop sales strategy for sales acceleration, including determining high potential client targets, use cases, verticals, etc.
  • Drive lead-generation and prospecting program and ensure good response to new leads

    Drive key workstreams for Visa Direct growth

Work with existing Visa clients and their Account Executives to cross-sell Visa Direct solution where a good fit exists Lead prospecting to non-Visa clients to find the right contacts and build relationships, and sell where a good fit exists Identify and sell to Banks, Remitters and aggregators to have them add Visa Direct to their portfolio of offerings to their clients

Work with cross functional partners across the region to ensure we have what we need to be successful with our clients

  • Work with VD Product teams to develop the go-to-market strategy and ensure we have the right value proposition and product construct to meet client needs
  • Work with Marketing to ensure our client facing materials are excellent and help accelerate the learning and sales process
  • Work with Communications to share progress and growth to external audiences through a communication plan, PR, conference events, etc.
  • Work with Finance to ensure appropriate incentive structure, modelling and incentive deal review structure and approval process
  • Work with Legal to ensure client contracts that drive to successful outcomes for both Visa and our clients
  • Work with Client Services to handoff from sale to implementation and ensure well-run projects

    Ensure sellers are ready and able to sell Visa Direct to clients

  • Work with the training liaison to drive initial and ongoing sales training across the client sales cycle
  • Ensure sellers know about and have access to client-ready, legal approved sales materials
  • Help sellers trouble-shoot and overcome client objections
  • Develop and execute a process to capture client feedback on product and value-added services, and socialize with other Visa teams, in particular the VD Platform team
  • Work with regional global VD product teams and operations to understand state of Issuer readiness, and state of client implementations and post-launch support

 

 

Think you have what it takes?

If you are interested in a career that will challenge and inspire you – we’d love to hear from you!

Additional Information

Diversity & Inclusion

Universal acceptance for everyone, everywhere, is not only our brand promise, it’s the foundation of our company culture. We foster a feeling of connectedness in the workplace, support diversity of thought, culture and background, fight for important initiatives like Equal Pay and actively work to eliminate unconscious biases that hold us all back.

By leveraging the diverse backgrounds and perspectives of our worldwide teams, Visa is a better place to work and a better business partner to our clients.

 

Qualifications

• 10-12+ years of industry related experience, including Cross border payments, Correspondent Banking and/or Transaction Banking FI Sales
• Creative Self-starter with a bias toward action and proven track record for successfully developing, building, launching and commercializing technology products that delight customers
• Excellent problem-solving skills with a strong focus on delivering for clients
• Excellent listening and communication skills (both verbal and written), and executive presence; must be able to interface with our most senior client executives
• Ability to explain complex business and technical concepts to a broad audience in an approachable way to drive adaption
• Demonstrated thought leadership and the aptitude to think creatively and identify new ways to innovate and differentiate products with evidence of tangible business results
• Passionate about what you do and excited about the opportunity to transform payments working for the industry leader
• Possess a high level of professionalism and leadership skills to build business relationships, trust and respect with business partners and suppliers
• Strong team player, self-motivated and the ability to work independently at coordinating across functional activities, obtain buy-in and elevate issues at critical junctures appropriately
• An advanced degree strongly preferred
• Visa or financial/payment industry knowledge required; push payments or real-time payments experience a plus

Additional Information

Visa has adopted a COVID-19 vaccination policy. As a condition of employment, all employees based in Singapore are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by law.
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