Business Development Manager, Acceptance Solutions

Visa

San Francisco, CA

JOB DETAILS
SALARY
$153,500–$289,300 Per Year
SKILLS
Analysis Skills, Business Administration, Business Development, Career Development, Communication Skills, Competitive Analysis/Strategy, Conferences, Contract Negotiation, Cross-Functional, Customer Experience, Customer Satisfaction, Customer Support/Service, Customer/Client Research, Ecosystems, Finance, Financial Services, Follow Through, Government, Insurance, Legal, Market Trend Analysis, Marketing, Meet Sales Quota, Microsoft Dynamics, Microsoft Excel, Microsoft Office, Microsoft PowerPoint, Microsoft Word, Negotiation Skills, Office Equipment, Payment Processing, Post-Sales, Presentation/Verbal Skills, Pricing, Product Development, Product Management, Product Marketing, Product Strategy, Product Support, Proposal Writing, Regulations, Relationship Management, Reseller Channel, Resolve Customer Issues, Revenue Management, Sales, Sales Closing Skills, Sales Management, Sales Operations, Sales Pipeline, Sales Presentation, Sales Proposals, Sales Prospecting, Sales Strategy, Salesforce.com, Team Player, Time Management, Trend Analysis, Up-Selling, Willing to Travel, Writing Skills
LOCATION
San Francisco, CA
POSTED
1 day ago

About UsVisa is a world leader in payments technology, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories, dedicated to uplifting everyone, everywhere by being the best way to pay and be paid.At Visa, you'll have the opportunity to create impact at scale - tackling meaningful challenges, growing your skills and seeing your contributions impact lives around the world.Join Visa and do work that matters - to you, to your community, and to the world. Progress starts with you.Job DescriptionThe Business Development Manager, Acceptance Solutions role will support our Indirect clients and report into the Value-Added Services North America Sales team. This role will focus on our Verifi suite of solutions. The desired incumbent will be a highly motivated and experienced specialist seller focused on driving growth in the Indirect (Partner) segment targeting financial services reseller partners in North America. This role will be charged with prospecting for new partnerships, building new partner pipeline, reporting on deal opportunities, and achieving/exceeding net-new sales booking quotas. The ideal candidate will have significant selling experience and be able to understand and navigate the unique challenges brought forward by clients and prospects.Internally, the role requires collaboration with a wide range of cross functional teams, including but is not limited to Direct Merchant teams, Sales Operations, Account Managers, Product, Strategy, Client Services, Marketing and the Visa MS&A Acquiring teams. Moderate to extensive travel is required for attendance of client meetings, conferences, and partner events. This is an individual contributor role.Key ResponsibilitiesDemonstrate an understanding of the financial service, acquiring industry, including emerging trends, regulatory changes, and the specific operational challenges they face.Actively prospect, qualify, negotiate, and close opportunities within the NA indirect partner segment.Ability to manage and meet revenue and bookings targets (quotas).Develop/ demonstrate a comprehensive understanding of Visa's solutions and their application within the partner verticals/segments and build frameworks and positioning for how Visa solutions fit together alongside ecosystem capabilities.Identify high potential partners to target and cultivate relationships with key decision-makers within these organizations.Ensure high levels of client/ prospect satisfaction through proactive outreach with relevant insights and regular follow-ups.Partner with the Generalist Sales team to prepare proposals, presentations, and other sales materials that highlight Visa solutions' technical capabilities and advantages to address client needs.Develop and execute sales strategies tailored to the Indirect partner verticals/ segment that align with Visa's Purpose to uplift everyone, everywhere by being the best way to pay and be paid.Successfully structure, negotiate and close deals, ensuring that client needs are met.Ensure timely and accurate updates on sales activities are captured in Microsoft Dynamics, offering Insight into market trends and competitive analysis.Work collaboratively with various teams, including Product, Client Services, Finance and Technology, to ensure optimal client experience and continuous product improvement.Essential FunctionsAccountable to driving and achieving booking and revenue lines through acquisition of net-new customers or upsell of existing clients.Understand clients' complex challenges/ problems and uses of Visa technology to drive solutions with said technology.Champion and lead from the front with Visa's value-based sales methodology, post-sale commercialization, mutual success planning with clients and across Visa to ensure client outcomes and Visa revenue realization.Partner with the deal and technical teams to prepare proposals, presentations, and other sales materials that highlight our solutions' technical capabilities and advantages.Engage with internal cross functional teams including Product Management, Product Development, Client Support and Product Marketing to relay market feedback and provide input into the commercialization, pricing, and design of new solutions.This is a hybrid position. Visa requires at least 3 days in office, with expectations confirmed by your Hiring Manager.QualificationsBasic Qualifications:5 or more years of relevant work experience with a Bachelors Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhDPreferred Qualifications6 or more years of work experience with a Bachelors Degree or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhDBachelor's degree or equivalent sales training in lieu of degree7+ years business development, sales or related experience, including minimum of 5 years of payment processing industry experienceExperience with using Salesforce for deal / opportunity tracking and MS Office (PowerPoint, Word, Excel and Teams)A highly motivated business development mentality with an ability to attain set revenue metricsPersonable with excellent communication, including strong written, verbal and presentation skillsExperience with contract negotiation, including strong analytical skills to create deal termsAbility to manage long deal cyclesStrong background managing relationships, ideally with referral and reseller partnersDiligent and persistent, exemplifying solid follow up/follow through capabilitiesWillingness to travel up to 25% of the yearU.S. Applicants OnlyThe estimated salary range for this position is $153,500 to $289,300 USD per year, which may include potential sales incentive payments (if applicable). If you are located in Colorado, the estimated salary range for this position is $153,500 to $245,900 USD per year. 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.Work HoursVaries upon the needs of the department.Travel RequirementsThis position requires travel 5-10% of the time.Mental/Physical RequirementsThis 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 EmployerQualified 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 the EEOC guidelines and applicable local law, including the requirements of Article 49 of the San Francisco Police Code.#J-18808-Ljbffr

About the Company

V

Visa

Visa has been a proud sponsor of the Olympic Games since 1986. Sport unites people, communities and nations. It enriches people’s lives and creates economic development opportunities. In today’s world, where brand and trust mean so much, the Olympic Games reflect those equities found at Visa — worldwide acceptance, reliability, versatility and leadership. Sponsoring the Olympic Games makes good business sense for Visa and our clients.

INDUSTRY
Business Services - Other
FOUNDED
1986
WEBSITE
http://www.visa.com.hk/index.shtml