Senior Manager – Merchant Services And Acquiring, Account Executive

Visa Inc.; Johannesburg; Hybrid; ZAR 1 500 000 - 2 000 000; Full time

Job summary

A global payments technology leader is seeking a Senior Manager for Merchant Services and Acquiring in Johannesburg. This role involves driving growth in the African market, managing strategic partnerships, and executing acceptance strategies. The ideal candidate has at least 10 years of experience in the payments industry and strong relationship management skills. This is a hybrid position providing excellent opportunities for career growth.

Qualifications

• A minimum of 10 years of success in progressive leadership positions in the Payments industry.
• Established networks at decision-making levels in sales.
• Experience in acceptance, merchant acquiring, interchange management.

Responsibilities

• Drive growth and develop merchant relations in African markets.
• Negotiate large Strategic Partnerships with key clients.
• Support local Client Sales and Digital Teams with sales and enablement.

Skills

Sales and relationship management

Negotiation

Project management

Influencing skills

Education

Bachelor's degree or equivalent

Master's degree in a business field

Tools

Microsoft Office

Job description

Senior Manager – Merchant Services and Acquiring, Account Executive

Visa is a world leader in payments and technology, with over billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 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 Life at Visa.

Visa's Merchant Sales and Solution Team is seeking a Merchant Sales and Solutions Senior Manager who will have responsibility for driving in-market acceptance efforts of a new mobile payment solution.

The Merchant Sales and Solutions Senior Manager has the responsibility of driving growth and development of meaningful and profitable merchant relations in African markets, specifically being accountable and owning key markets from a Merchant Servicing and Acquiring perspective.

In addition, this role is responsible for working with the Head of Merchant Sales and Acquiring and the Group Country Manager / Country Managers on industry & regulatory initiatives and interchange management for the region.

The Director - Merchant Sales and Solutions executes on the implementation of agreed merchant acceptance strategies that grow the penetration of electronic payments in this geography to drive the increase of Merchant Sales Volume (MSV) via implementing the new payment solution and building strong working relationships with client banks, key merchants and third-party partners.

The role is also responsible for understanding and communicating local market needs in order that the CEMEA Hub, Digital Team and Global Merchant Sales and Solutions organizations are able to effectively and efficiently define market-specific strategies required to manage strategic and complex Acceptance issues.

JOB SCOPE

Key Results Areas

• Develop and execute the merchant acceptance, merchant relations and partner strategy for the region to increase Visa MSV, market share, data processing revenues and create acquirer, merchant and consumer preference for Visa.
• Partner with the Head of Merchant Sales and Acquiring and the Group Country Manager / Country Managers to execute on Nano Merchant Acceptance Strategy which will transform the landscape over a 3-year horizon.
• Drive acceptance of Visa payment solutions in the African market, with a focus across various business segments, key among them top tier and marquee merchants.
• Take the lead in negotiating large Strategic Partnerships with key clients and or partners to ensure that Strategic Imperatives are met.
• Develop strong market relationships with key merchants meant to protect and grow Visa business and brand standing with these merchants.
• Conduct quarterly business reviews with key merchants with the aim of ensuring Visa relationship adds value to clients.
• Develop and execute the merchant acceptance, merchant relations and partner strategy for Africa, increase Visa MSV, market share, data processing revenues and create acquirer, merchant and consumer preference for Visa.
• Play a hands‑on role in the deployment and go‑to‑market of a new mobile‑based technology solution.
• Development of new initiatives / solutions, implement marketing / usage initiatives targeting traditional and new merchant segments, both in physical world and virtual world, with a focus on mobile‑based acceptance solutions.
• Successfully translate broad strategies into specific objectives and action plans, aligning efforts of the Acceptance and Interchange organizations with other key Visa stakeholders in particular the Country and Digital Teams.
• Establish and foster relationships with Clients and internal stakeholders at all levels of staff and senior management.
• Understand client needs, solution deployment requirements in different environments and develop models of engagement that are easily replicable across organizations with similar characteristics for faster onboarding.
• Support local Client Sales and Digital Teams with their sales and enablement efforts.
• Maintain current knowledge of technologies, products, services, methods and applications and implement new approaches and practices as required.
• Maintain and build rapport with Digital and functional teams across Visa Inc. to exchange, learn and leverage best practices.

Qualifications Overview

Local market and regulatory knowledge and functional experience in acceptance, merchant acquiring, interchange management, consulting, financial transaction processing knowledge and client sales, preferably Visa, supporting highly complex clients and / or services within a highly matrixed environment.

Established networks at decision‑making levels with a strong business‑to‑business sales track record.

Years of Experience : A minimum of 10 years of success in progressive leadership positions in the Payments industry.

Education (required) : Bachelor's degree or equivalent.

Masters degree in a business field is an added advantage.

Technical

Working knowledge of payments network and processing services.

Working knowledge of mobile technology.

Demonstrated, detailed knowledge of the full breadth of acceptance and other products and services offered by Visa.

Working knowledge of project management tools and application.

Microsoft office tools e.g. PowerPoint, Excel, Word etc.

Working knowledge of Visa systems (preferred).

Strong Sales and relationship management skills.

Broad and multiple industry exposure.

General finance and accounting knowledge and understanding.

Strong influencing and negotiation skills.

Project management experience.

Strong oral and written communication skills.

Experience shaping and delivering defined strategies

Proven track record of driving growth and taking new products from conception to commercial launch.

Executive presence.

Global mind‑set, desire and demonstrated ability to work cross‑culturally.

Exposure to emerging payment solutions (mobile wallets, mobile money ecosystems, agent banking, mobile money transfers).

This is a hybrid position.

Expectation of days in office will be confirmed by your Hiring Manager.

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 7 or more relevant years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 3 or more years of experience with a PhD.

Years of Experience : A minimum of 10 years of success in progressive leadership positions in the Payments industry.

Education (required) : Bachelor's degree or equivalent.

Masters degree in a business field is an added advantage.

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.