Commercial Modelling Manager recruitment
Key Accountabilities:
• Management and development of Member financial models and analysis to illustrate the key drivers of profitability or financial impact of Visa products and services to Members.
• Additionally, the job holder will be required to:
• Manage the interchange MI responses to Member Bank RFP/RFI or rebids in a timely manner and ensure it is accurate and legally and commercially viable.
• Lead the development of financial business cases and profitability models from Member perspective for new and existing product and services.
• Manage existing profitability models to ensure they remain relevant to the business to support their objectives.
• Provide financial insight sourced from modelling and analysis to drive decision making, presenting outputs internally within Visa Europe and to Members.
• Support the creation and management of processes for business cases/financial modelling tools to balance quality and value with speed of output.
• Build profitability MI knowledge within Visa Europe.
• Deputise for the Head of Commercial Modelling when required.
Essential criteria:
• Educated to degree level and/or Banking/finance qualifications (e.g. ACA/ACCA/ACIB/ACMA)
• Ideally a minimum of 5 years experience in commercial partnering/decision support/ MI Analytics role
• Proven track record of working effectively cross divisionally and with external customers in a B2B environment or exposed to internal senior management
• Ability to design and develop financial models, using spreadsheet and database applications
• Ability to understand/ interpret and apply complex financial data and calculations, strong reasoning abilities to interrogate and challenge financial inputs, outputs and logic
• Ability to manage both “the detail” as well as present “the big picture” to senior executives
Desirable criteria:
• Experience of payment cards / banking knowledge with the understanding of the economic principles surrounding payment systems in two-sided markets
• Expert in Visa systems and processes
• Experience in pricing or interchange
Visa Europe is owned and operated by more than 4,000 European member banks and was incorporated in July 2004. In October 2007, Visa Europe became independent of the new global Visa Inc., with an exclusive, irrevocable and perpetual licence in Europe. As a dedicated European payment system it is able to respond quickly to the specific market needs of European banks and their customers - cardholders and retailers - and to meet the European Commission’s objective to create a true internal market for payments.
Visa enjoys unsurpassed acceptance around the world. In addition, Visa/PLUS is one of the world’s largest global ATM networks, offering cash access in local currency in over 200 countries.