Business Development Analyst
Company Description
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 Business Development Analyst works closely with institutions answering inquiries and solving problems, releasing resources from country specific sales and function areas to better focus and grow the business with key clients and stakeholders. Support the Sales Team with reporting, sales analysis, and compliance. Responsible for managing, developing, and growing Visa’s business with assigned clients. Generating leads and executing sales initiatives. Implementing business development and portfolio management, in continuous collaboration with Sales and Functional Areas to ensure alignment with country, regional and global strategies.
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Essential Functions
- Directly contribute to achieving the Country Business Goals, in alignment with corresponding countries strategies and priorities.
- Lead the business and the relationship development with assigned clients. Align objectives, priorities and resources between Visa and clients.
- Work closely with clients, providing day to day support, and be the primary business contact Account Owner for financial institutions, providing day to day support for the execution of sales initiatives for clients in collaboration with Account Executives.
- Coordinate and collaborate with multiple departments and functions to assure an appropriate and timely response to clients requests and needs, proactively following up on pending matters. E.g. Sales alignment with BDs, licensing matters, marketing campaigns and support, card designs, credit settlement risk, products support, finance agreements and investment incentives, AML & compliance matters, etc.
- Align priorities with BDs to help secure key deals and generate leads for assigned clients - according to market coverage. Coordinate the communication to clients of sales initiatives, Visa strategic guidelines, and key products and solutions for market, etc.
- Ensure appropriate delivery times by internal units marketing, risk, accounting, finance and compliance and be the main liaison with internal units of such to both internal and external client requests.
- Develop strong conflict management skills in order to work effectively with a large range of teams to develop accountability, transparency, and rapid fact-based decision making.
- Develop and execute customized business plans to increase sales volume and market share within financial institutions under their responsibility. Create new sales and revenue generating opportunities as appropriate. Identify and pursue new business opportunities for assigned Clients, generating leads for both High Potential and Mass clients.
- Develop a comprehensive understanding of all Visa products and services Core Products, Risk Solutions, Loyalty, and Digital, etc. Accelerate penetration of Digital Infrastructure readiness within assigned clients. Expand existing relationships partnerships through the selling of Visa products and services. Utilize a consultative sales approach that ensures that the client's business objectives are met and that the performance metrics of their payment portfolios are maximized.
- Provide sales business expertise clients perspective to other support areas, regarding client or market business.
- Proactively provide continuous feedback for improving existing processes and activities that are affecting our sales force and clients.
- When a team member is out of office, guarantee business continuity, by responding to client’s requests in a timely manner.
- Actively participate in teams activities, meetings, trainings, initiatives, etc.
- Document all opportunities and Initiatives in Dynamics in an appropriate, consistent, and timely manner.
- Compliance with internal controls. Develop a comprehensive understanding of Visa rules, policies, processes, and procedures, e.g. Collateral, Licensing, PIF, etc.
- Monitor competitors’ activities, fusions, acquisitions.
- Understand the decision-making process within the clients, fostering productive relationships at all levels with the client and Visa.
- Develop an understanding of the Financial Institution's business including payment strategy across all product platforms.
- Continuously review payment landscape and recommend, develop, and implement new and creative approaches to growing Visa's business.
This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.
Qualifications
- 3+ years of professional experience
- Bachelor’s Degree Required
- Strong analytical skills (ability to identify tendencies, forecasts, etc.)
- Advanced spreadsheet modeling skills
- Proficient in Microsoft Office Excel, and PowerPoint.
- Detailed and numbers oriented
- Project management skills, Power BI knowledge preferred
- English fluency
Preferred Qualifications:
- Payment industry experience preferred.
- Willingness to learn and execute effectives sales strategies for new payment products and services
- Ability to develop, lead and close complex competitive sales efforts
- Proven ability to produce quality work with efficiency, professionalism and with demonstrated trouble shooting problem solving skills.
- Discretion combined with poise and professionalism in all communications.
- Must have excellent communications skills both verbal and written in English and Spanish.
- Must be able to exercise good judgment regarding information, which may be confidential.
- Ability to effectively create and deliver presentations to all client levels.
- Solid ability to coordinate internal and external resources and nurture cross-functional relationships.
- Ability to negotiate business agreements and enhance existing and new relationships.
- The ability to operate effectively and efficiently with minimum supervision- in a challenging and fast paced environment.
- Demonstrated understanding of financial indicators to measure business performance and an ability to summarize business and financial data in a useful manner for planning and decision making.
- Customer service focused with ability to work collaboratively with several teams simultaneously
- Ability to prioritize work with attention to detail. Solid planning and excellent organizational skills
- Motivated and self starter. Passion, driven and dedication.
- Highest standards of ethical conduct and integrity
- Results and people oriented.
Additional Information
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.
Perks and Benefits
Health and Wellness
- Long-Term Disability
- HSA With Employer Contribution
- On-Site Gym
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Health Reimbursement Account
- Mental Health Benefits
- Virtual Fitness Classes
- HSA
Parental Benefits
- Fertility Benefits
- Family Support Resources
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Company Outings
- On-Site Cafeteria
- Holiday Events
- Happy Hours
- Casual Dress
Vacation and Time Off
- Paid Holidays
- Paid Vacation
- Volunteer Time Off
- Summer Fridays
- Leave of Absence
- Personal/Sick Days
Financial and Retirement
- 401(K)
- Relocation Assistance
- Performance Bonus
- Stock Purchase Program
- Company Equity
- 401(K) With Company Matching
- Financial Counseling
Professional Development
- Shadowing Opportunities
- Access to Online Courses
- Promote From Within
- Learning and Development Stipend
- Tuition Reimbursement
- Mentor Program
- Leadership Training Program
- Associate or Rotational Training Program
- Lunch and Learns
- Internship Program
- Professional Coaching
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)