Senior Director, Global Public Policy (Payment Economics)

  • Full-time
  • Job Family Group: Legal

Company Description

Common Purpose, Uncommon Opportunity. Everyone at Visa works with one goal in mind – making sure that Visa is the best way to pay and be paid, for everyone everywhere. This is our global vision and the common purpose that unites the entire Visa team. As a global payments technology company, tech is at the heart of what we do: Our VisaNet network processes over 13,000 transactions per second for people and businesses around the world, enabling them to use digital currency instead of cash and checks. We are also global advocates for financial inclusion, working with partners around the world to help those who lack access to financial services join the global economy. Visa’s sponsorships, including the Olympics and FIFA™ World Cup, celebrate teamwork, diversity, and excellence throughout the world. If you have a passion to make a difference in the lives of people around the world, Visa offers an uncommon opportunity to build a strong, thriving career. Visa is fueled by our team of talented employees who continuously raise the bar on delivering the convenience and security of digital currency to people all over the world. Join our team and find out how Visa is everywhere you want to be.

Job Description

The Senior Director, Public Policy Development (Payment Economics) will provide critical insights and generate tools and collateral for use by Visa Inc. executives on a range of public policy topics impacting Visa Inc. and the broader electronic payments industry with a specific lead focus on public policy issues associated with the underlying economics of the electronic payments ecosystem. This includes the role of interchange, incentives and pricing, and regulatory interest in such issues.
 
The Senior Director will drive the development of Visa™s public policy work on these key issues. He/she will work as part of a small but highly impactful group of senior thought leaders in Visa™s Global Public Policy group, which has responsibility for proactively developing the company™s official public policy positions; partnering with other corporate functions and geographic business leaders to drive business initiatives that address or align with significant global policy trends; delivering a comprehensive work program in support of Visa™s interaction with government decision-makers; and developing a central repository of Visa and third-party research, regulatory submissions, and other relevant source material.
 
The Senior Director will be based in California at Visa Inc.™s San Francisco or Foster City offices. He/she will report to the Group Lead, Global Public Policy and will work closely with the Senior Director, Public Policy Content.
 
Responsibilities:

  • Develop and execute a work program, including research projects, thought leadership, issue monitoring, issue advisory/forecasting and internal strategy development, focused on the interaction of payment economics and global public policy trends. Key topics will include the underlying economics of scheme and other electronic payments, the operation of platform economics and two-sided markets, the role of interchange and other pricing in electronic payments, the impact of regulatory interventions on electronic payments pricing and surcharging policies.
  • Provide the company, the Group Lead and other business executives with advice arising from this work program.
  • Write or commission public policy research, thought leadership, position papers and other practical tools on these specific topics, ensuring they are relevant to Visa™s ongoing interaction with central bank and other government officials. This work must be cognizant of the varying policy motivations of policymakers in different markets, regions and stages of development.
  • Work seamlessly with Visa™s Interchange & Pricing, Legal and Government Relations teams to ensure the work program is fully aligned with the strategies of each group. Further, coordinate with other internal functions at Visa including, but not limited to, the Chief Economist and Visa Business and Economic Insights, Product, Visa Rules, Corporate Strategy, and Corporate Communications to ensure consistency of corporate positions and decisions across the organization.
  • Engage in the wider research agenda of the Global Public Policy group and ensure the payment economics research agenda forms a consistent component of Visa™s overall public policy content work program.
  • Support local and regional business executives and government relations professionals with specific requests for information, industry data and background information received from central bank and other government officials.
  • Ensure proper coordination and leveraging of research material developed by other functions and other regions of the company.

Qualifications

  • 12+ years of relevant industry experience with a minimum 6+ years of work experience in the retail or broader electronic payments field most likely in a payment scheme, a financial services institution, a central bank or other relevant regulator, an international organization, a payments association, an economic consultancy or academia.
  • Economics or political science degree essential, advanced economics or political science degree preferred. A degree in research disciplines, or with outcomes reliant on research-based methodologies preferred.
  • Experience in/exposure to the evolving economic discipline of platform economics and/or two-sided markets.
  • Exposure to public policy issues in payments field and/or strong experience in broader public policy and/or government affairs arena, including exposure to the US and international policy-making environment.
  • Strong understanding of relational database principles and experience/proficiency with statistical software such as SAS, R, Python, and/or STATA is required.
  • Strong research skills and experience, superior analytical capabilities, and a demonstrable track-record of solid research projects.
  • High degree of leadership, independent negotiation and decision-making skills.
  • Strong relationship building skills and business savvy.
  • Collaborative working style, able to solicit buy-in and commitment from colleagues and stakeholders.
  • Committed to working in and encouraging a diverse and inclusive work environment and team culture.
  • Demonstrated ability to build and maintain strong relationships and consensus with a variety of constituencies both inside and outside the organization.
  • Leads by example and is able to generate respect and loyalty from peers, superiors and subordinates.
  • The ability to persuasively present complex concepts and programs at the highest levels of government and business.
  • Outstanding inter-personal, presentation, and communications skills.
  • Ability to work across multiple time zones, countries, and cultures.

Additional Information

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of Article 49 of the San Francisco Police Code.

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