Director, Business Development (Embedded Finance and Lending)

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.

For this role we are seeking a season sales & business development professional with experience navigating and building relationships into organizations of all sizes. Requires a passion for finding common ground rooted in a growth and solutioning mindset. Successful candidates will have shown and can clearly demonstrate strong business and product acumen, deep industry experience and contacts in payments, financial services. Requires demonstrated ability to deliver results with complex partnership structures.

Responsibilities

We are seeking a dynamic and results-drivenBusiness Development Salespersonto join our Digital Partnerships team. This team works broadly across the payments, commerce, and digital landscape and internally within Visa's product organization as well as other internal stakeholders to execute on commercial and strategic partnership opportunities.

In this role, you will be responsible for identifying, engaging, and nurturing strategic partnerships withembedded lending technology players. Your primary objective will be to expand our market presence by establishing commercial partnerships with key industry players that are shaping the future of payments and helping to drive Visa revenue.

Embedded finance is transforming how businesses and consumers access financial services. Users increasingly prefer the convenience of accessing payments, lending, insurance, and other financial servicesembedded within the point of service. Embedded lending in particular provides a seamless experience enhances customer satisfaction, reduces operational expenses for businesses, and democratizes credit by making financing accessible to a broader audience, including small businesses and individuals.

The embedded financial services is projected to exceed 10% of total US transactions, which makes it imperative to better understand and build relationships in this segment, led by a strong sales professional.

Key responsibilities include but are not limited to:

Business Development and Prospecting:

• Develop a comprehensive understanding of the competitive landscape, market trends, and emerging players.
• Conduct thorough research to identify potential partners within the embedded finance technology ecosystem.
• Initiate contact with potential partners, including fintech companies with embedded lending technology platforms, software providers, and other relevant stakeholders.
• Cultivate relationships through effective communication, presentations, and negotiation.
• Collaborate with cross-functional teams to tailor partnership proposals that align with our business goals.

Product Solutioning and Development

• Establish commercial playbook and identify primary use-cases and capabilities for Visa to build into with embedded finance and lending partners.
• Identify and pursue new capabilities for Visa to play a broader role in embedded finance and add value into embedded lending platforms
• Functional work includes inputs on use-cases, user flows, and architecture, supporting business case, capabilities sourcing in collaboration with the broader business development team, GTM planning into clients and prospects
• Requires strong collaboration with global & regional product teams, innovation and technology, and back-office support.

Deal Structuring and Negotiation:

• Work closely with legal and finance teams to structure partnership agreements.
• Negotiate terms, pricing, and (potentially) revenue-sharing models to ensure mutually beneficial outcomes.

Pipeline Management:

• Manage a robust pipeline of potential partners.
• Track progress, follow up on leads, and maintain accurate records in our CRM system.

Industry Networking:

• Attend industry conferences, trade shows, and networking events to build connections.
• Represent our company and promote our value proposition to potential partners.

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.

Basic Qualifications:

• 10 or more years of work experience with a Bachelor's Degree or at least 8 years of work experiencewith an Advanced Degree (e.g. Masters/ MBA/JD/MD) or at least 3 years of work experience with aPhD
• 5+ years in fintech (or related field) sales or business development, with a proven track record ofleading the entire sales process and closing deals
• Strong existing financial service, Fintech, payments, software, and/or banking experience
• Strong understanding of the embedded lending technology landscape

Preferred Qualifications:

• 12 or more years of work experience with a Bachelor's Degree or 8-10 years of experience with anAdvanced Degree (e.g. Masters, MBA, JD, MD) or 6+ years of work experience with a PhD
• 8+ years of related work experience with a Bachelor's Degree or at least 5 years of work experiencewith an Advanced Degree (e.g. Masters/ MBA/JD/MD/PHD)
• Self-starter who is driven and can find ways to move things forward, with ability to connect dots oncomplex ecosystem, across dozens of products and hundreds of prospects and potential partners
• Curiosity mindset
• Strong communication skills, energy, and ability to form and grow relationships while navigating intoand across large organizations
• Leads by example, including enthusiasm and takes pride in their work, with a strong bias towardsaction
• Demonstrated track record of planning, managing and closing complex, competitive commercialdeals from negotiation, to closing and through delivery
• Strong storytelling capabilities and passion for financial services
• Accountable and results-oriented mindset
• Proven ability to partner, communicate and manage/navigate through multiple disciplines andorganizational groups
• Ability to work within a complex and often ambiguous environment, and to influence seniormanagement and other relevant parties
• Soft skills including genuine and open communication, active listening, compassionate, andinspires others.

Work Hours: Varies upon the needs of the department.

Travel Requirements: This position requires travel5-10% 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 163,800.00 to 237,550.00 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.