At a Glance
- Tasks: Lead interchange fee strategies and collaborate with teams to optimise electronic payments in Europe.
- Company: Visa, a global leader in payments technology, dedicated to uplifting communities worldwide.
- Benefits: Competitive salary, diverse team environment, and opportunities for continuous learning and growth.
- Why this job: Make a real impact on the future of payments while developing your skills in a dynamic setting.
- Qualifications: Experience in pricing strategies, financial modelling, and strong leadership skills required.
The predicted salary is between 100000 - 150000 £ per year.
About Us
Visa 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 Description
The Senior Director, Head of Europe Interchange Strategy and Development is responsible for leading and developing interchange fee strategies designed to optimise participation in the Visa network by increasing product issuance and broadening merchant acceptance of electronic payments across the Europe region. The position requires close collaboration with regional country management, finance, legal, government engagement, product, and client teams. The role sits within the Pricing and Interchange function within Visa and although focused on interchange fees, will cover development of specific pricing and interchange strategies. The role will report directly to the Vice President of Europe Pricing & Interchange in Visa’s Finance team.
In This Role, You Are Expected To:
- Lead the development of interchange fee strategies for Europe region considering value provided, differentiation of products and services, sustainability, competitive dynamics, and data-driven insights.
- Collaborate with functional groups in evaluating and optimizing interchange for Europe region, including forecasting and business case, rate structure design, stakeholder impact assessment, implementation considerations, and key partner communication.
- Drive the best resolutions possible on competition and regulatory matters related to interchange fees to help achieve a balanced outcome that enables growth of the four-party model and continued digitization.
- Lead key projects and play a critical role in key strategic projects which take into account both pricing and interchange economics for new flows, Visa Direct and Visa A2A across Europe.
- Act as a trusted advisor, partnering with functions including Legal, Finance, Risk, Sales, Client Services and Product.
- Educate clients and internal stakeholders on the key role that interchange plays and Visa’s interchange strategy.
- Partner with the team responsible for interchange system development work and management of operational & compliance issues related to interchange.
- Contribute to the regional, country and product strategies to support Visa’s corporate strategies and priorities.
- Make decisions with limited guidance, usually within a complex and often ambiguous environment, leveraging data, analytics, and AI-enabled insights to drive rigorous, fact-based recommendations to senior management while supporting syndication with stakeholders across the organization.
- Manage a team of business professionals supporting these responsibilities.
Visa requires at least 3 days in office, expectations of these days will be confirmed by your Hiring Manager.
Qualifications
We are looking for an individual who brings breadth of experience, a curiosity about payments, is results-driven and client-focused. As a candidate you should have:
- Bachelor’s Degree, Graduate Degree, MBA or equivalent.
- Experience developing and/or negotiating pricing constructs.
- Experience managing complex financial models and analytics to support recommendations.
- Experience developing and delivering complex strategic plans.
- Experienced, results-oriented leader with a proven track record and the ability to work with and influence multiple stakeholders.
- Thorough understanding of electronic payment system business, value flows, and competitive dynamics would be an advantage.
- Ability to develop internal and external networks to identify areas of opportunity and build partnerships in executing against corporate goals.
- Experience leveraging AI, automation, or advanced analytics tools to improve decision making, productivity, or business outcomes is a plus.
- Strong personal presence and ability to clearly communicate compelling messages at the executive level, internal and external.
- Strong collaboration skills across markets, functions and levels.
- Demonstrated commitment to growing, developing and leading diverse teams.
- Commitment to continuous learning.
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.
Head of Interchange Senior Director employer: Tink
At Visa, we pride ourselves on being a world leader in payments technology, offering our employees the chance to make a significant impact on a global scale. Our collaborative work culture fosters innovation and growth, providing ample opportunities for professional development while ensuring a supportive environment that values diversity and inclusion. Located in Europe, this role not only allows you to engage with key stakeholders across various sectors but also positions you at the forefront of shaping the future of electronic payments.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Interchange Senior Director
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like Tink. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head of Interchange Senior Director
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Tink.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Tink's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Tink
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Tink.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Tink will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Tink employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
