Business Development Manager

  • 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

Visa’s Global & North America Fintech Partnerships organization is responsible for managing the strategic partnerships and initiatives to advance the company’s innovation agenda. The portfolio of partners includes global financial technology companies and other non-financial institutions with strong presence in the North American market.

The Business Development Manager is responsible for serving as a global account executive and identifying and implementing partnership opportunities for clients in the Crypto and Emerging Fintech segments. The role requires an experienced partnerships and business development professional with strong product solutioning background who can identify potential deals and renew agreements, as well as develop the tactics and influence the teams needed to bring them to fruition. The Global & NA Fintech Partnerships team works closely with regional Fintech Partnerships counterparts, Visa's product and specialized sales teams, as well as other stakeholders such as Risk, Legal, Finance, and Marketing to manage the partners’ needs while selling value-added services and executing partnership agreements that are typically complex, strategic, and cross-functional in nature.

Segment Expertise:

  • Support the Fintech Partnerships and Innovation executive team in developing the overall group strategy, with a focus on Crypto and other emerging fintech categories

  • Identify strategic opportunities for Visa capabilities through a strong understanding of the segment and customer's business needs, leveraging Visa solutions across all product platforms

  • Continuously review market landscape, identifying developing partnership or investment opportunities that will position Visa as the market leader

Account Management:

  • Lead the relationship management and account sales development plans for these partnerships, meeting client business objectives

  • Align the cross-functional teams on key proposals including representation from Finance, Legal, Marketing, Product, Operations, Market Research and Technology

  • Support the development, negotiation, and signing of proposals by collaborating with various internal stakeholders and relationships with strategic partner executives

  • Work with the innovation team as needed to recommend, develop, and implement new and creative approaches to helping clients grow

Risk Solutioning:

  • Work closely with Visa Risk Advisors, as well as Visa Acceptance Solutions product and sales teams, to address opportunities to improve partners’ fraud risk and authorization performance

  • Drive opportunities to closure with Specialized Sales, Risk, Legal, and Finance counterparts, overseeing solution integration and maintaining product enhancement feedback loop

Execution:

  • Work with cross functional teams to ensure partner implementations are on track and delivering against plan

  • Collaborate with team to solve the problems that arise during the execution of programs with partners

  • Proactively identify and solve complex problems that impact the management, relationship, and direction of the business

Communication:

  • Report on the status of the partnership progress

  • Foster in-depth and productive relationships at all levels with the client and the Visa organization

  • Proactively educate the Visa organization on market developments and notable partnership opportunities

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.

Local Law 144 Notice for New York City Resident Applicants: For some requisitions, automated employment decision tools ('AEDTs') may be used as part of the assessment process to assist our recruiters in the initial evaluation of your application. If your application is submitted pursuant to New York City Local Law 144, you may request an alternative assessment from the recruiter. Please visit the Visa Global Privacy Notice to learn how we may collect, process, or retain your professional and employment information for recruiting purposes.

Qualifications

Basic Qualifications:
• 5 or more years of relevant work experience with a bachelor’s degree or at least 3 years of experience with an Advanced Degree (e.g., Masters, MBA, JD, MD) or 2 years of work experience with a PhD

Preferred Qualifications:
• 6 or more years of work experience with a Bachelors Degree or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhD
• A minimum of 5 years business experience with related product, sales, and management experience in the payments, mobile, software, hardware, or technology services industry
• Payments or financial services industry experience preferred
• Proven record of creative product solutioning with complex product sets, driving client ideation and innovation
• Demonstrated history of planning, managing and closing a complex, competitive sales effort and managing deals from negotiation, to closing and through delivery
• Proven record of implementing strategic initiatives, policies, and operational decisions
• Strategic thinking and thought leadership
• Teamwork, interpersonal & relationship-building skills, and ability to lead by influence and example
• Competence in partnering, communicating, and managing/navigating through multiple disciplines and organizational groups
• Experience 'managing up', building Executive Level communications and delivering presentations
• Ability to work within a complex and often ambiguous environment, and to influence senior management and other relevant parties
• Executive presence, strong written and oral communication, including large-group presentations
• Collaborative and flexible team-player
• Ability to influence and work within matrixed environment

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 130,800 to 170,000 USD, 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.

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