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Sr. Manager, Deal Operations

Company Description

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 #LifeatVisa.

Job Description

Visa is seeking a Deal Operations Sr. Manager that will be responsible for developing, operationalizing, and tracking key performance metrics, and providing actionable insights to drive improvements. The successful candidate will also support activities that facilitate the sharing of best practices among teams. The Deal Operations Sr. Manager will have a strong analytical background, excellent communication and organizational skills, and a proactive approach to continuous improvement. This is a high impact role, where priorities and demands can change quickly.

Essential Functions

Scope and Mandate Global Deal Operations

  • Global Deal Operations is accountable for three key aspects of the deal process.

    • Deal Management Systems – The tools and systems that help our teams develop and sell high quality deals to our clients

    • Deal Center of Excellence – A communications platform and community where Deal Professionals across Visa, in varied functions (Sales, Finance, Legal etc.), connect to share and lead in raising the quality of deals with our clients

    • Deal Policies, Standards and Procedures – Visa deal governance posture has its foundation in the Policies, Standards and Procedures managed by our team. As part of our deal governance leadership role, we directly manage Visa’s most senior deal review body, the Global Pricing and Interchange Committee (GPIC)

  • All deals fall under the accountability of the team, covering deals developed by our three business units, Consumer, Commercial and Money Movement Solutions (CMS) and Value-Added Services (VAS). Deal types vary and include global deals, issuer, merchant, acquiring, Fintech, digital platforms, processing and Money Movement Solutions (MMS) deals.

  • We are both accountable for running AND transforming critical aspects of Visa’s end-to-end deal process. We connect into several transformation efforts across Visa, including the Finance Velocity Office (Finance Transformation Office), Sales 2.0 Team (Sales Transformation) and our Enterprise Transformation Office. We are literally building the plane while we are flying it.

As a member of the Global Deal Operations team, the Deal Operations Manager will:

  • Support development of KPIs that measure the effectiveness of processes and initiatives

  • Partner with deal teams and functional stakeholders to develop, adopt and operationalize performance measurements

  • Iterate KPIs as business conditions change

  • Develop and implement scorecards and provide periodic reports with insights and observations on areas for improvement

  • Conduct quality checks on data and reports to maintain high standards and accuracy

  • Support creation of net promoter score (NPS) content and mechanics that measures effectiveness and engagement of the Global Deals Operations Team

  • Facilitate activities including deal summits and roundtables that enable sharing of best practices and new ideas among deal teams

  • Perform ad hoc analysis as needed

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.

Qualifications

Basic Qualifications:

  • 8 or more years of relevant work experience with a Bachelor Degree or at least 5 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 2 years of work experience with a PhD


Preferred Qualifications:

  • 9 or more years of relevant work experience with a Bachelor Degree or at least 5 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 2 years of work experience with a PhD
  • Demonstrated analytical and quantitative skills
  • Ability to derive insights from data
  • Proficiency in data analysis tools and software (e.g., Excel, SQL, Power BI), and Microsoft 365
  • Exceptional attention to detail, organizational skills, and the ability to manage projects effectively
  • Proactive work ethic, capable of navigating uncertainty and identifying process improvements
  • Aptitude for linking business strategies to business outcomes
  • Aptitude for influencing and building consensus with cross-functional partners
  • Experience with sales, finance, product and/or marketing teams
  • Low Ego: Winning is the most important thing vs. the spotlight
  • Keen interest in the financial services or payments industry, with a focus on innovation and transformation
  • Relationship Building / Influencing: Demonstrate ability to influence and collaborate with others. Build relationships with solid trust and mutual respect as the foundation. Demonstrate business judgment.
  • Strong Intellect: Bright individual, with ability to combine analytical reasoning, creativity and judgment. Quick study, able to handle complex matters, with multiple initiatives going on simultaneously. Able to understand strategic issues, as well as tactical operational details.
  • Highly Ethical: Can be trusted to do only the right thing. Follows a balanced approach without compromising integrity. Always maintains confidentiality.
  • Values and Leadership: Demonstrates alignment to Visa's Values (Integrity, Clients, People, Collaboration, Innovation and Excellence) and has the capability to motivate others.
  • Results Oriented: Energetic, resourceful, with strong service orientation and positive can-do attitude. Fully committed to the job and to deliver outstanding work. Never satisfied with status-quo, continually striving for excellence. Enjoys working hands-on.
  • Change Agent: Able to anticipate risks and propose practical plans with stakeholders.
  • Self-starter: Able to challenge the status-quo sensitively and constructively. Intellectually agile, self-confident and an effective communicator.

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.

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 159,100.00 to 230,900.00 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.

Average salary estimate

$195000 / YEARLY (est.)
min
max
$159100K
$230900K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Sr. Manager, Deal Operations, Visa

At Visa, we're excited to bring on a Sr. Manager, Deal Operations in the bustling Foster City, CA area! This is more than just a title; it's a chance to join a world leader in payments and technology, impacting countless transactions across the globe. As the Deal Operations Sr. Manager, you'll step into a crucial role where you'll develop and track key performance metrics, offering actionable insights that drive enhancement in our strategies. This role requires someone with a sharp analytical mind, excellent communication skills, and an innate ability to continuously improve processes. You'll partner with various teams to operationalize performance measures, helping us navigate through the dynamic world of global deals, whether it be consumer, commercial, or fintech. You'll be pivotal in uplifting the quality of deals in our community, overseeing critical aspects of Visa's deal governance while participating in transformative initiatives across departments. The role is hybrid, meaning you'll experience both the collaborative office environment and the flexibility of remote work. If you have a passion for innovation in the financial services sector and the skills to influence and build strong relationships, you'll be a perfect fit for our dynamic Visa team. Come and make an impact with us!

Frequently Asked Questions (FAQs) for Sr. Manager, Deal Operations Role at Visa
What are the key responsibilities of the Sr. Manager, Deal Operations at Visa?

The Sr. Manager, Deal Operations at Visa is responsible for developing and operationalizing key performance metrics, tracking effectiveness, and providing actionable insights to improve deal processes. Additionally, this role facilitates knowledge sharing among various teams, ensuring best practices in deal management are upheld.

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What qualifications do I need to apply for the Sr. Manager, Deal Operations position at Visa?

To qualify for the Sr. Manager, Deal Operations position at Visa, candidates should possess relevant work experience and a degree. A minimum of 8 years of experience with a Bachelor’s degree or an advanced degree with fewer years of experience is preferred. Analytical skills, proficiency in data analysis tools, and strong attention to detail are essential.

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What is the workplace environment like for the Sr. Manager, Deal Operations at Visa?

The workplace environment for the Sr. Manager, Deal Operations at Visa in Foster City, CA, is hybrid. This allows for a mix of both in-office collaboration and remote work flexibility, striking a balance between teamwork and individual focus on tasks.

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How does the Sr. Manager, Deal Operations at Visa contribute to deal governance?

In the Visa team, the Sr. Manager, Deal Operations plays a vital role in establishing and managing deal governance policies, standards, and procedures. This involves directly overseeing the Global Pricing and Interchange Committee, ensuring all deals align with Visa’s governance framework.

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What kind of career growth can I expect as the Sr. Manager, Deal Operations at Visa?

Joining Visa as the Sr. Manager, Deal Operations opens doors for significant career growth within a leading financial services organization. The role allows you to engage in cross-functional collaboration, improve operational efficiency, and contribute to high-level strategic initiatives, setting the stage for future promotions.

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Are there any travel requirements for the Sr. Manager, Deal Operations position at Visa?

Yes, the Sr. Manager, Deal Operations position at Visa includes some travel requirements, estimated at 5-10% of the time. This travel would typically be related to meetings and summits focused on deal management and sharing best practices across the organization.

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What benefits does Visa offer to the Sr. Manager, Deal Operations role?

Visa provides a comprehensive benefits package for the Sr. Manager, Deal Operations role, including medical, dental, vision coverage, a 401(k) plan, life insurance, paid time off, and wellness programs. This ensures a well-rounded approach to employee well-being.

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Common Interview Questions for Sr. Manager, Deal Operations
Can you explain your experience with developing key performance metrics in a similar role?

In answering this question, focus on specific metrics you’ve developed in past roles, detailing the process from conception to implementation, and how these metrics were used to drive strategic decisions. Highlight your analytical skills and problem-solving approach.

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How would you handle a situation where a deal is at risk due to insufficient data?

Demonstrate your ability to proactively gather necessary data through cross-functional collaboration, emphasizing your communication skills and resourcefulness in seeking solutions to mitigate risks related to key deals, tailoring your strategy depending on the stakeholders involved.

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What strategies would you employ to improve the performance of the deal management process?

Discuss your approach to evaluating current processes, identifying bottlenecks, and implementing data-driven improvements. Cite examples from past experiences that highlight your proactive nature and ability to drive change effectively.

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How do you ensure quality and accuracy in your reports to stakeholders?

Emphasize the importance of meticulous data checks, using software tools to validate information, and regular communication with stakeholders to clarify any discrepancies. Mention your strong attention to detail as a key factor in maintaining high report standards.

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Describe a time when you had to influence a team decision in a cross-functional environment.

Share a specific example that details your innovative communication strategies, the stakeholders involved, and how you successfully navigated differing opinions to reach a consensus. Highlight the importance of relationship-building and trust.

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How would you prioritize tasks in a fast-paced work environment?

Discuss your organizational skills and methodologies for prioritizing tasks based on urgency and impact. Mention tools or systems you might use to keep track of your priorities to ensure you meet deadlines while still maintaining quality.

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What key factors do you believe contribute to successful deal management?

Outline your thoughts on collaboration, communication, analytical skills, and alignment with business objectives as crucial factors for successful deal management. Support your answer with references to relevant past experiences.

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Can you share how you stay updated with industry trends relevant to deal operations?

Talk about your proactive approach to professional development, such as engaging with industry publications, attending webinars, and networking with industry professionals to gain insights into evolving trends in finance and technology.

Join Rise to see the full answer
What would be your approach for fostering a culture of continuous improvement in the Deal Operations team?

Discuss the importance of open communication and feedback mechanisms within the team. Share examples of how you would create initiatives, like regular brainstorming sessions, to promote innovative thinking and continual process enhancement.

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How would you measure the success of the initiatives you implement in the Deal Operations role?

Highlight the importance of setting clear KPIs and goals from the outset for any initiative. Discuss how you would track progress against these metrics and the significance of flexibility in adapting strategies based on feedback.

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Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entiti...

562 jobs
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Full-time, hybrid
DATE POSTED
November 24, 2024

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