Vice President, Head of Visa Direct, CEMEA
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Job Location:
Monthly Salary:
Posted on:
17 hours ago
Vacancies:
1 Vacancy
Job Summary
Visa Direct is a payment service that Visa provides to clients (issuers acquirers processors merchants and service providers) to facilitate fund transfers/disbursements to accounts around the world using push payment technology. Visa Direct consumer and business applications include person to person (P2P) transfer person to micro-business transfer (e.g. payments to landscaper) cross border remittance and funds disbursements (e.g. marketplace seller payouts insurance claim disbursements acquirer merchant settlement). Visa Direct has opened up numerous new payment flows for Visa that will unlock $1B in new revenue over the next 5 years. Currently the push payments market globally is estimated to be an $80T of payment volume replacing cash checks and ACH to move money in real-time.
This role will be responsible for building and delivering the CEMEA Visa Direct which is part of new payment flows in the region. This will report into the Global Head of Visa Direct and will require significant influencing skills and interactions with internal and external executives development and implementation of strategic plans and objectives in alignment with the corporate and regional strategy and a decision-making that directly impacts the move money strategy and financial results. Responsibilities include building and running the Visa Direct and money movement business model including:
- Regional Annual Operating Plan Build annual operating plan including identifying key initiatives coordinating fees payment volume and revenue forecasting coordinated thru regional operating team
- Strategy and New Use Cases Lead development of key strategic questions for CEMEA money movement e.g. building acceptance and transaction volumes across CEMEA expansion of new use cases acceleration of push payments across new payment rails in-bound and out-bound cross-border payments competitive positioning and pricing. This is particularly important given the huge opportunities we have in CEMEA as a big receive region.
- Performance Management Develop and lead regular performance management cadence including business reviews internal communication and governance process
- Issuer Enablement Ensure strong Issuer fast funds coverage and approval rates; work with VD Operations and Risk team to identify issues and execute plans
- Acquirer and Processor Enablement Working with regional and global acquirer sales/account executives to identify and enable critical enablers to support real time payments and push payments volume forecasts
- Merchant Uptake Working with regional and global sales/account executives to identify and enable use cases with targeted scale merchants to support push payments volume forecasts
- Policy & Compliance - Evaluate applicable Visa Direct rules to use cases and client solution constructs. Collaborate with the Global VD Policy and Rules team on changes to existing policies or the creation of new ones. Support resolution of compliance issues in partnership with Compliance & Client Services teams.
- Client implementation and support model Refine client implementation and account management support model to ensure scalability and excellence; work with VD Operations and Risk and Client Services support teams to refine and execute
- Pricing and incentive framework Implement and maintain regional pricing framework to support deal management process for regional sales efforts Efforts should work within global pricing strategy/policy pricing operations while taking into account the regional competitive environment
- Partnership model identify and build operating partnerships with key points of payment aggregation in the CEMEA value chain
- Global Money Movement Operating Committee Work with partner Visa Direct and real time payments teams including global strategy pricing platform and operations to best execute in CEMEA and support the growth of Visa Direct and real time payments globally
Qualifications :
Basic Qualifications
- 15 years of work experience with a Bachelors Degree; 10 years of work experience with an Advanced degree (e.g. Masters/MBA/JD/MD); or at least 8 years of work experience with a PhD
Preferred Qualifications
- 15 years of experience with an Advanced Degree (e.g. Masters MBA JD MD or PhD)
- Strong attention to detail
- Excellent problem solving skills with a strong focus on serving clients
Additional Information :
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.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Change Management
- Financial Services
- Growing Experience
- Managed Care
- Management Experience
- Analysis Skills
- Senior Leadership
- Performance Management
- Process Management
- Leadership Experience
- negotiation
- Analytics
About Company
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our purpose is to uplift everyone, everywhere by being the best way to pay and b ... View more
