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Director Global Public Policy
As the world’s leader in digital payments technology, Visa’s mission is to connect the world through the most creative, reliable and secure payment network – enabling individuals, businesses, and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s dedication to innovation drives the rapid growth of connected commerce on any device, and fuels the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce.
At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, and be part of an inclusive and diverse workplace. We are a global team of disruptors, trailblazers, innovators and risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, and doing meaningful work that brings financial literacy and digital commerce to millions of unbanked and underserved consumers.
You’re an Individual. We’re the team for you. Together, let’s transform the way the world pays.
The Visa Global Policy (GP) team’s mission is to position the company as a leader in shaping public policies that expand digital payments and promote an open and competitive environment, helping individuals, businesses and economies to thrive. The team supplies strategic insights and evidence-based analysis to support Visa’s public policy priorities and develops positions on a range of policy issues that affect the digital payments sector, globally. The team also provides expert advice to a number of internal and external stakeholder groups on a broad range of payments policy issues.
As a member of Visa’s Global Policy team within Visa’s Government Engagement (GE) organization, the director will be responsible for providing government advisory and consultative services primarily related to interchange & pricing issues, but will also work on a range of other strategic and emerging payments policy issues, as required. The director partners with Visa’s Interchange & Pricing team to develop strategies, messaging documents and other content to shape policy outcomes. The director will also work with other teams across Visa – including product, regulatory, and regional teams – to identify public policy trends, analyze their impact to Visa, and promote inclusive public policies that drive growth. The position is based in the San Francisco Bay Area and reports to the Senior Director, Government Advisory.
Detailed Job Description
The Director, Global Policy primarily provides expertise on payments-related policy issues, with a particular focus on interchange & pricing issues. The director may work on other payments policy priority issues that impact Visa, as required. The director is tasked with developing and implementing policy and advocacy strategies, developing and supporting government consultations, and developing positions and related messaging on payments policy priorities. The director will have a global perspective, and will work closely with Visa’s GE, Interchange & Pricing; and other business, product, and regional teams, as needed. In addition, the director will:
· Monitor payments-related public policy developments across markets and identify emerging policy trends, analyze their impacts to Visa, and work with cross-functional teams to develop a strategic response to emerging policy threats and opportunities.
· Build deep partnerships with GE and other regional colleagues by proactively identifying opportunities for collaboration and delivering effective solutions.
· Write and/or support development of public policy position papers; work with Fellows of the Visa Economic Empowerment Institute (VEEI) to identity, support and develop research projects and written content.
· Coordinate with other internal functions including, but not limited to, regional GE, Regulatory Affairs/Legal, Corporate Strategy, Business and Economic Insights, Risk, and Corporate Communications to ensure consistency of corporate positions and decisions across all parts of the organization.
· Support local and regional business executives and regional GE colleagues with specific requests for information, advice, industry data, as needed.
· Support executive engagements by developing briefing materials, presentations, talking points, etc.
· Manage external partnerships and third-party research and work statement that align with the responsibilities related to the role
10 or more years of work experience with a Bachelor’s Degree or at least 8 years of work experience with an Advanced Degree (e.g. Masters/ MBA/JD/MD) or at least 3 years of work experience with a PhD
· 12-15 years of work experience with a Bachelor’s Degree or 8-10 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 6+ years of work experience with a PhD.
· Demonstrated experience in payments policy, with a focus on policy analysis or strategy development in the financial sector or other regulated industry; strong understanding of the payments business required.
· Ability to work closely with business and communication functions, receive input, collaborate on aligning a learning strategy, prioritize projects/products based on business objectives and ROI methodology.
· Demonstrated experience leading projects and building collaborative relationships with cross-functional internal teams.
· Proven experience managing multiple complex issues related to payments policy and delivering consistently excellent work products on deadline.
· Demonstrated experience working with and managing outside consultants, industry associations and/or academic partners to implement and amplify policy messages and regulatory strategies.
· Superior written and verbal communication skills, including the ability to translate business priorities into specific public policy recommendations.
· Advanced academic degree in economics, international relations, law, public policy (or a closely related field) from a top-tier institution preferred.
· Outstanding inter-personal, presentation, and communications skills.
· Ability to work across multiple time zones, countries, and cultures.
· Political interest and acumen
Visa has adopted a COVID-19 vaccination policy to safeguard the health and well-being of our employees and visitors. As a condition of employment, all employees based in the U.S. are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by law
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.
Sponsorship: No work sponsorship is available for this role.
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.
Job posted: 2021-12-26