Sr. Director, Product Development/Management

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

Payment and Platform Product Policy is a team focused on creating new products, services and policies to convert more cash payments to card and balance the needs of the four parties in our system. The team creates solutions for large strategic clients to help them build their payments businesses, pilots innovative solutions to grow card acceptance in non-traditional methods and in new segments (e.g., electric vehicle charging) and emerging markets, and ensures payment acceptance practices support both the needs of cardholders and merchants.

This is a global team that evaluates forward looking trends and scenarios to identify opportunities to modernize and improve our rules, policies and programs while creating flexibility to grow Visa core business. Thoughtful adjustments to Visa’s approach drive change in every market Visa operates with some of our largest stakeholders and the leading edge of innovation. Candidates interested in developing additional skills and strengths in strategy, economics, pricing, technology, product development and innovation would be challenged on new topics and high priorities regularly. This role will be based in San Francisco.

The primary responsibilities for this role will be contributing to the ongoing development of Visa’s authorization framework, to lay the foundation for a modern and flexible framework, better suited to anticipate evolving business needs. The authorization framework is being designed provide more merchants and acquirers more options in the way they can seek approval from an issuer to proceed with a transaction. In addition, the framework will design ways to help issuers better manage holds on cardholder funds. The net result is a framework designed to drive an increase in the number of good authorizations in the Visa system.

• Essential Functions

As the Director of Authorization Framework for Payment and Platform Product Policy you will:

• Join a team that creates real, dynamic change and impact at scale
• Contribute to ongoing development of Visa’s authorization framework including assisting in design and leading implementation of required changes to rules, pricing, and Visa systems
• Establish and maintain automated processes for comprehensive revenue tracking, gap analysis to identify opportunities to increase penetration of authorization services
• Partner with our internal and external clients to create new use case opportunities for estimated authorization service
• Collaborate with technology team and business partners to develop new value-added services for clients
• Design, implement, and oversee ongoing management of a comprehensive monitoring program that tracks compliance and takes appropriate corrective steps to remediate any operational aspects of authorizations by merchants and acquirers, issuer behaviors, and general best practices

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 two days a week, Tuesdays and Wednesdays with a general guidepost of being in the office 50% of the time based on business needs.

Qualifications

Basic Qualifications
- 12 years of work experience with a Bachelor’s Degree or at least 8 years of work experience with an Advanced Degree (e.g. Masters/MBA/JD/MD) or at least 3 years of work experience with a PhD

Preferred Qualifications
- 15 years of work experience with a Bachelor’s Degree or 8-10 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 6+ years of work experience with a PhD Professional/Technical/Business
- Background in payments and knowledgeable of Visa’s network/operating model
- Product development experience
- Customer-oriented mindset, knowledgeable in client, customer and partner roles
- Excellent communication skills, including verbal, written and presentation necessary
- Experienced with product development life cycle,