Sd, Open Banking Payments

Company Description

Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across 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.

When you join Visa, you join a culture of purpose and belonging - where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world - helping unlock financial access to enable the future of money movement.

**Join Visa: A Network Working for Everyone.**

**Job Description**:
**Team Summary**

Regulations and fast changing market conditions are setting up Open Banking to be one of the most dynamic Fintech verticals. Our aim is to enable Visa clients and partners to leverage open data and payment platforms to drive better customer engagement and outcomes that grow their business. The Asia Pacific Open Banking team is responsible for leading the strategy, prioritization, development, and delivery of Visa’s product roadmap in this exciting area.

**What a Senior Director - Open Banking Payments will do**:
As a Senior Director, you will lead the strategy development, prioritization, and deployment of Open Banking payment solutions in the Asia Pacific region. You will collaborate with key stakeholders, including partners and clients in the development of solutions in-house within Visa or through partners specialising in payment initiation and new money movement in Open Banking regimes. Contributing to solution design, identifying partnerships, scoping the build of products and services while working with global leaders, technology partners and in-market teams will bring this vision to life.

This role is based in the Asia Pacific regional hub in Singapore and will work closely with priority markets on strategic initiatives, solutions development and deployment around Open Banking Payments.

**Why this is important to Visa**

To enable Visa’s goal of becoming a network-of-networks, it will be critical to ensure Visa plays an active role in the Open Banking space. Leveraging our network to facilitate creation of innovative payment experiences that generate incremental revenues is increasingly important to Visa’s clients and partners - our expertise and track record as the leading payments network in the world means Visa is best placed to succeed in Open Banking payments as well.

Specific work areas will include:

- Strategy development defining the opportunity and role for Visa in the Open Banking payments space with a clear articulation of the point of arrival and the path to get there
- Driving joint solution development efforts in the areas of Account-to-Account and Payment Initiation Services working with partners and clients while collaborating with various internal stakeholders who own the different capabilities and platforms within Visa. This involves being able to grasp functional and technical aspects of different solutions and combine them with partners’ solutions and capabilities to create market-first offerings
- Develop local business requirements and drive implementation through regional and global teams in close collaboration with other key functional areas including risk, strategy and government relations
- Evaluate local partnerships across multiple markets which can potentially lead to strategic investments, assist in the development of strategic recommendations and business cases for possible local partnerships or acquisitions to assist achieving Visa’s strategic goals.
- Provide guidance and expertise for product and client facing teams and lead discussions with prospective clients.
- Provide input and leadership to regulatory and industry developments (e.g., Open Banking regulations, data protection, data privacy and localization requirements)
- Close monitoring of market trends, emerging technologies and prospective partners in the general Data Solutions space
- Own and drive implementation milestones during POC, MVP stages and revenue targets through initial commercialization phase

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 two days a week, Tuesdays and Wednesdays with a general guidepost of being in the office 50% of the time based on business needs.

**Qualifications**:
**What you will need**:
This role will have product, technology and regulation-related work areas. We are looking for a well-rounded product leader who has experience in the Open Banking Payments space. Experience in the Real-time Payments space will be a plus.

**To be successful in this role you