Job Description
You will join the product pricing strategy team responsible for product monetization and pricing strategy for Visa’s issuing solutions value-added products and services (VAS). It is a customer centric nimble team that strives to provide Visa a competitive edge and enable pricing to be leveraged as a strategic lever for growth.
The Manager will play a key role in accelerating VAS portfolio growth. He/she will act as a mentor to junior team members, supporting their project and analysis work and will report to the VP, VAS Pricing Strategy.
In this role, you will work closely with global product, regional solution, commercial operations and sales teams to define monetization and pricing/packaging strategy for the current and future products and services. You must be comfortable with analyzing large amounts of product data, conducting quantitative and qualitative market and competitive research, and helping influence and shape product and business strategy.
Essential Functions
- Build strong understanding of our products’ value proposition relative to competition and develop pricing and packaging using value-based pricing approach.
- Be market informed. Visa has a global footprint. Competition, market dynamics and commercial constructs varies by market. He/She is expected to develop pricing derived from the local market understanding and competitive landscape.
- Build business cases for new monetization and packaging strategies and lead cross-functional effort to drive the initiatives to completion.
- Independently create executive ready presentations. Influence senior executives across multiple teams to gain alignment on recommendations.
- Continuously strive to simplify pricing constructs to simplify and accelerate sales motion.
- Define pricing KPIs and measure the effectiveness of pricing changes to enable continuous improvement.
- Partner with sales operations team to execute on the pricing related updates.
Key Experience
- Prior experience in corporate strategy, management consulting, product strategy or Go-To-Market strategy. Pricing strategy and payment experience preferred but not required.
- Experience working in a global matrix organization with the ability to navigate complex structures and empower decision-making locally.
- Experience supporting a B2B selling environment.
- Demonstrated ability to make timely decisions, balancing analysis with decisiveness.
Qualifications:
Basic
- 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).
Preferred
- 6 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 PhD.
- Prior management consulting, investment banking, pricing strategy, or corporate strategy experience is a huge plus.
- Strong problem solving and time management skills.
- Proficiency with MS Excel and experience with BI tools such as Tableau.
- Experience supporting cross-functional initiatives and facilitating collaboration across Product, Sales, Marketing, and Strategy organizations.
- Pragmatic mindset with intense focus on execution against client needs, articulation of value proposition and concrete market facing focus.
- Financial acumen—ability to utilize sophisticated financial analyses to evaluate business opportunities and make strategic choices.
- Must be results-oriented, and able to handle multiple urgent tasks and effectively deal with ambiguity.
- Very comfortable receiving and giving feedback in a constructive manner.
Additional Information
Work Hours: Varies upon the needs of the department.
Travel Requirements: This position requires travel 5-10% 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.
U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 138,500.00 to 172,750.00 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.
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