Account Executive Business Solutions, Commercial Sales Details

Account Executive Business Solutions, Commercial Sales

Visa - San Francisco, CA

Employment Type : Full-Time

Company Description

As the world's leader in digital payments technology, Visa's mission is to connect the world through the most creative, reliable and secure payment network - enabling individuals, businesses, and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company's dedication to innovation drives the rapid growth of connected commerce on any device, and fuels the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce.

At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, and be part of an inclusive and diverse workplace. We are a global team of disruptors, trailblazers, innovators and risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, and doing meaningful work that brings financial literacy and digital commerce to millions of unbanked and underserved consumers.

You're an Individual. We're the team for you. Together, let's transform the way the world pays.

Visa’s Large Middle Market (LMM) sales team is an integral part of the Visa Business Solutions Organization responsible for managing and growing B2B payment volume through sales, optimization and retention strategies with Financial Institutions that issue commercial payment solutions. The LMM team supports over 100 Visa commercial card issuers and supports Visa Financial Institutions (FI) that wish to launch a commercial card program. The LMM team is also responsible for the sale of net new Visa commercial card solutions to banks and corporations.

The B2B payment landscape is a global opportunity of $120T and our Financial Institution clients are key to the delivery of B2B payment solutions to address this opportunity.

The VBS LMM team is a specialized sales group within Visa supporting our internal partners responsible for strategic relationships such as Financial Institutions, Partnerships, Processors and Merchants to name a few.

Responsibilities

Visa Inc. is searching for a results driven sales and business development Account Executive (AE) of Business Solutions Sales supporting large and middle market partners. As a key member of the Business Solutions Sales team, the selected candidate will bring leadership, vision and creativity to both guiding and advancing Visa's business development efforts with issuers driving payment volume growth across the large market, small and middle market space.

The AE will drive high profile, cross-functional strategic and business development initiatives and plans in key identified areas. S/he will work in tandem with the Product and Partnership team and design, develop and execute go to market sales plans for mutually agreed upon partners/accounts with the goal of delivering payment volume and growth to our partners. Responsibilities will include selling commercial card products, platforms, industry partnerships and solutions to your client base in order to drive commercial payment volume.

The role requires an experienced sales and business development professional who can identify potential opportunities, develop creative tactics and frameworks, and manage the cross-functional teams needed to bring them to fruition. The team works closely with Visa’s Financial Institution account teams as well as other stakeholders such as Product, Partnerships, Acceptance, Processing, Finance, Marketing, and Visa Consulting & Analytics etc.

Specific responsibilities

Segment Expertise:

• Support the Visa organization with commercial payment industry expertise, insights and best practices.
• Identify strategic opportunities to grow Visa commercial share through a strong understanding of the customer, the segment and mutual business needs, leveraging Visa solutions across all product platforms.
• Continuously review market landscape, competitive intelligence and industry trends to inform on decisions that will position Visa as the market leader

Account Management:

• Develop and execute customized account strategy, objectives and plans to grow commercial payment volume, increase revenue and market share. Deliver against scorecard goals.
• Lead the commercial account and relationship management sales plan, ensuring that the client’s business objectives are met
• Working cross-functionally: recommend, develop, and implement new and creative approaches to grow client’s business. Work closely with the VBS stakeholders including product, partnerships and platforms and coordinate a unified strategy for the delivery of our products, platforms and solutions.
• Conduct Quarterly Business Reviews and lead strategic meetings to align with the client’s strategic objectives

Execution:

• Work with cross functional teams to ensure solution implementations are on track and delivering against plan
• Take the lead in solving the problems that arise during the execution of programs/products with partners
• Proactively identify and solve complex problems that impact the management, relationship and direction of the business

Communication:

• Report to and interact with senior management and executives to inform on the status of the business, the relationship and strategic opportunities to deepen client relationships.
• Foster in-depth and productive relationships at all levels with the client and the Visa organization
• Proactively educate the Visa organization on market developments and partner opportunities

Basic Qualifications

• 10 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

• 12+ 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
• Experienced, results-oriented leader with typically 15 years progressively responsible experience and a proven track record in developing relationships and sales partnerships, managing clients/accounts and executing go to market plans in a highly matrixed environment.
• Previous experience working in financial services, technology, travel, payables, payments or financial institutions preferred; background in working with high-performance fast-paced teams.
• Possess a high level of professionalism and leadership skills to build business relationships, trust, and respect with business partners and suppliers
• Demonstrated track record of planning, managing and closing a complex, competitive sales effort and managing deals from negotiation, to closing and through delivery
• Proven ability to partner, communicate and manage/navigate through multiple disciplines and organizational groups
• Experience “managing up”, building Executive Level communications and delivering presentations
• Ability to work within a complex and often ambiguous environment, and to influence senior management and other relevant parties
• Executive presence; Strong written and oral communication, including large-group presentations

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 (phones and computers), reach with hands and arms, and bend or lift up to 25 pounds

Travel Requirements: The incumbent may be required to travel up to 10%

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.