Visa Direct - New Use Case Commecialization Lead ERP
- Foster City, CA, USA
Visa Inc. is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories, enabling them to use digital currency instead of cash and checks.
Visa does not issue cards, extend credit or set rates and fees for consumers. Visa's innovations enable its bank customers to offer consumers choices: Pay now with debit, ahead of time with prepaid or later with credit products. From the world's major cities to remote areas without banks, people are increasingly relying on digital currency along with mobile technology to use their money anytime, make purchases online, transfer funds and access basic financial services. All of which makes their lives easier and helps grow economies.
Behind the Visa brand are our talented employees who continuously raise the bar with innovative solutions and products that deliver the convenience and security of digital currency to more people all over the world.
Visa Direct is an exciting, new payment service that Visa provides to clients (issuers, acquirers, processors, merchants and service providers) to facilitate funds transfers and disbursements to Visa accounts in the U.S. and around the world using push payment technology, i.e. Original Credit Transaction (OCT). Visa Direct consumer and business applications include person to person (P2P) money transfer, person to micro-business (P2MB) transfer (e.g. payment for goods and services sold by very small businesses), marketplace payouts to gig economy participants, funds disbursement (e.g. insurance claims), and more.
Global Alternate Distribution team is a new team within Visa Direct focused on expanding Visa Direct through alternate channels such as software platforms, service providers, Fintechs etc. We do market research, identify target clients and drive end-to-end implementation of Visa Direct. We engage with strategically important global platform and software service providers that are critical to the success of Visa Direct across regions. The team is responsible to come-up with the new ideas, use cases and build partnerships to grow and scale Visa Direct.
The person will be a key member of the team defining product strategy to expand Visa Direct through non-traditional channels. The role will primarily support one Accounts Payable segment– by doing Market Research, Business Development, Client Engagement and Product Strategy & Management
This will be a client/partner-facing and broad-reaching leadership role so organizational savvy, interpersonal and negotiation skills are critical as he/she will interface with all areas of Visa (sales, marketing, pricing, legal, risk) and with leaders from some of our largest partners. Visa is looking for an individual that is a thought leader in payments with a proven track record of success in fast-paced environments with demanding timelines.
Perform market research to identify and assess partners who can support Visa’s push payments strategy and drive adoption
Use Visa internal/client data to assess client potential and opportunity. Partner with Sales and Visa Business Solutions team assess new use cases for Visa Direct
Engage with clients to develop use cases and business solutions
Meet with potential partners to share information about Visa Direct and assess their fit as a partner
Work with cross-functional teams within Visa to do internal alignment and get buy-in
Manage end-to-end project to implement Visa Direct for new partners
Work with the Visa Direct partners to drive product adoption and scale
Scan market for competitive players or others
5 years of work experience with a Bachelor’s Degree or at least 2 years of work experience with an Advanced Degree (e.g. Masters, MBA, JD, MD)
- BA/BS required. Post Graduate degree in Business Administration strongly preferred
- 5+ years of product management/development
- Minimum 3 years of experience in payments industry required (preferably in Accounts Payable segment)
- Deep understanding of different kinds of payment methods and processing including ACH, cards and checks
- Good grasp of Accounts Payable payment flows, ecosystem and pain points
- Excellent communication, story-telling and presentation skills
- Ability to identify key strategic issues and to generate and deliver creative and innovative solutions to problems and opportunities
- Detailed oriented, is expected to ensure highest level of quality/rigor in market analysis
- Strong team player, self-motivated and the ability to work independently at coordinating cross functional activities, obtain buy-in and elevate issues at critical junctures appropriately
Experience in leading end-to-end client engagements representing product
Have worked for Accounts Payable innovators or Treasury Management Solution Providers or Payment Processors serving small and mid-size businesses
TRAVEL REQUIREMENT : This position requires the incumbent to travel for work 10% of the time.
§ 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, and reach with hands and arms.
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.