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Sr. Business Development Manager
1 month ago
Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in 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 while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.
Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.
Job DescriptionResponsibilities
The Senior Manager, Business Development is responsible for pursuing and executing new commercial & strategic partnerships with fintechs and emerging digital platforms. The role requires a balanced mix of solutioning, sales, partnership development, and thought leadership primarily across the US fintech community. Successful candidates with have shown and can clearly demonstrate strong business and product acumen, deep industry experience and contacts, business development experience, and an individual who can formulate and pursue strategies to find meaningful growth for Visa.
The opportunity is to join Visa’s Digital Partnerships team which works broadly across the payments and fintech ecosystem and closely internally within Visa’s product organization as well as other internal stakeholders to execute on commercial and strategy partnership opportunities, and other strategic projects. Key responsibilities include but are not limited to:
Business Development:
- Structure and execute commercial agreements directly with fintechs and key technology companies across Visa’s ecosystem, with a focus on payments infrastructure providers as well as data and risk platform partnerships.
- Bring & further develop vertical expertise in key fintech growth areas and develop segment strategies to grow Visa’s footprint.
- This role will work across several verticals across the team
Product Partnerships:
- Identify, filter, and bring forward opportunities for Visa to plug in emerging technology to augment existing products and services, or to stand up new ones.
- This work will require close collaboration with product and technology leaders, structuring of business cases, and ability to navigate complex and bespoke deals
Thought Leadership:
- Provide market and client feedback to Visa product teams to guide roadmap and prioritization decisions, and go-to-market and commercialization strategies.
- Develop an “open front door” narrative and approach, finding ways to support and be helpful across a wider swath of the ecosystem.
- Identity & help to sponsor Visa Venture investments.
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.
QualificationsBasic Qualifications:
- 8 or more years of relevant work experience with a Bachelor Degree or at least 5 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 2 years of work experience with a PhD
- Strong existing Fintech, payments, and/or banking experience, acumen, network, and vision
- Strong storytelling capabilities and passion for improving financial services
Preferred Qualifications:
- 9 or more years of relevant work experience with a Bachelor Degree or at least 5 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 2 years of work experience with a PhD
- 6+ years business experience with multiple business and product functions
- Self-starter who is driven and can find ways to move things forward, with ability to connect dots on complex ecosystem, across dozens of products and hundreds of prospects and potential partners.
- Leads by example, including enthusiasm and takes pride in their work, with a strong bias towards action.
- Demonstrated track record of planning, managing, and closing complex, competitive commercial deals from negotiation, to closing and through delivery.
- Proven record of implementing strategic initiatives, policies, and operational decisions
- Accountable and results-oriented mindset
- Proven ability to partner, communicate and manage/navigate through multiple disciplines and organizational groups
- Ability to work within a complex and often ambiguous environment, and to influence senior management and other relevant parties
- Soft skills including genuine and open communication, active listening, compassionate, and inspires others
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 147,700.00 to 214,150.00 USD per year, 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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