Director, Product Development at Visa

Austin, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

10 Feb, 26

Salary

271100.0

Posted On

12 Nov, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Product Development, Regulatory Standards, Credit Card Processing, Market Trends, APIs Integration, Microservices, Cloud Computing, Agile Methodologies, Product Research, Team Leadership, Cross-Functional Collaboration, Customer Needs Analysis, Process Improvement, Software Engineering, Fintech Knowledge

Industry

IT Services and IT Consulting

Description

Company Description Founded by experienced entrepreneurs and engineers in 2016, Pismo is a technology company that provides a comprehensive processing platform for banking, card issuing and financial market infrastructure and helps customers innovate and build the next generation of banking and payment solutions. Pismo joined Visa in 2024. Leveraging Visa’s solutions, our core platform, and an expanding suite of capabilities, Pismo addresses the technological challenges that large banks, marketplaces, and fintech companies face in migrating from legacy systems to more advanced technology in the market. Pismo’s cloud-based platform empowers firms to build and launch financial products rapidly, scaling as they grow to have a broader audience while keeping high security and availability standards. Pismo’s 500+ employees are located in more than 10 countries around the world. Job Description As a Director, Product Development, the professional will be responsible for directing the Product Development team for a Credit Processing in NA, compliant with US Regulatory obligations within Pismo's platform. Monitoring the rules already established and respective changes in the regulatory landscape from different entities, as well as monitoring industry standards, market trends and technological innovations, including mapping needs, insights and feedback from our current clients and prospects. Knowledge of regulatory standards and rules from sources such as the Central Bank, Federal Reserve and other entities to implement improvements and develop new Credit Card Products. Evaluate, with engineering and business development, the approaches available to implement the product roadmap: build, partner. Cooperate with other teams to develop cross function developments Ensure product quality, including non-functional aspects such as: integrity, resilience and scalability. Understand and anticipate the needs of customers and our markets. Critical vision and thinking, with the ability to articulate and implement improvements in processes and products. Worksite: Austin, Texas 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. Visa will accept applications for this role until at least December 3, 2025. Qualifications Basic Qualifications: 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 Preferred Qualifications: 12 or more 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 8 years of experience with regulatory standards and rules from sources such as the Central Bank, Federal Reserve and other entities to implement improvements and develop new Credit and Debit processing products. 8 years of experience in the Product Development and Management market focused on Development and implementation of Credit Card Processing for American financial institutions. Have in-depth knowledge of the market in which we operate, including US Standards Product, Business and Regulatory aspects, trends, benchmarks and client needs. 5 years of experience as a Product Director leading Tribes, Squads related to the development and support of an Issuer Processing Credit and Debit Card Product Knowledge and experience about APIs integration and microservices in Cloud Computing Environment. Have proficiency in product research and analysis. Regulatory Compliance and Industry Standards, mainly in the US. Mandatory experience with software engineers' teams Desirable experience with fintech's. Desirable experience with Agile methodologies. 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 186,800.00 to 271,100.00 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.

Responsibilities

The Director of Product Development will lead the Product Development team for Credit Processing in North America, ensuring compliance with US regulatory obligations. This role involves monitoring regulatory changes, industry standards, and customer feedback to drive product improvements and innovations.