Payment & Business Development Manager (VAC-A1667)

Job description

For our client, an International Dealing, Banking and Legal Consultancy service company, we are looking to find a Payment & Business Development Manager in Limassol.

Job Overview:

Manage the payments team, handling PSP and banking applications for a large range of providers.

Handling many other delegated tasks that relevant to Payments department.

Job Duties

• Act as the main Business Development focal point for all payment solutions within the company –
• Main point of contact for PSP or banking related matters.
• Liaising with all PSP account managers.
• Scout for new Payments solutions, Via introducers, LinkedIn, online forums, test users on competitor sites.
• Negotiate rates and terms.
• Maintain PSP relationships, particularly for sensitive markets with higher complaint levels.
• Creating & updating pricing and coverage reports for the PSPs and banks.
• Attending networking events, expos and meeting with local PSP providers.
• Conduct and record periodic meetings with every payment and banking partner to highlight approval ratios, fees and volumes regularly. (every 2 months)
• Manage all legal and reputation aspects of the company’s brands and integrations –
• Ensure the receipt of settlements, including creating strategies for risk management for better collection.
• Liaise between complaints, payments/ integration, reconciliation, and finance team to support the solutions of various short and long-term challenges.
• Consult with legal team regarding unlawfully withheld funds from providers, including giving continuous feedback to the legal team to plan a best way forward.
• Make sure the company is aware of all solutions, all brands, and all existing payment structure
• Manage a team to handle all applications, paper works, and internal documents for ongoing management –
• Team training (ideally twice a week ) to increase industry and work knowledge/ skills to have their support with bigger challenges in the future.
• Advise the Payments team on applications, sales support, collection and volumes.
• Attain due diligence for all new Payment providers.
• Create procedures, BI reports and Dashboards, and user manuals for the sales agents.

Job Requirements

• Minimum of 3 years of experience working in the payments industry, with a focus on Business Development in large group.
• In-depth knowledge and understanding of high risk payments solutions (C2B, B2B) credit card processors, EMI, APMs.
• Exceptional analytical skills, with the ability to analyze complex payment data and identify patterns, trends, and anomalies.
• Self-motivated and proactive mindset, with a strong drive for continuous learning and professional growth.
• Strong problem-solving and critical-thinking abilities, with a focus on identifying innovative solutions to payment-related challenges.
• Excellent written and verbal communication skills in English, with additional languages being a plus.
• Bachelor's degree in a relevant field, such as finance, business, or computer science, is preferred

TO APPLY for this job opportunity, send your CV (in English please) and include the reference: Payment & Business Development Manager - VAC-A1667. We look forward to hearing from you!