Payment Optimization Manager

5 days ago

Limassol, Limassol, Cyprus Praxis Full time €40,000 - €80,000 per year

Job Summary:

The POM will represent merchants in discussions with Payment Solution Providers (PSPs), assist in completing onboarding processes, and serve as a business advisor. This role requires a blend of strong analytical skills, relationship management, and effective communication to optimize payment solutions and achieve business targets.

Roles & Responsibilities

  • Oversee and manage an expanding portfolio of merchants, ensuring their needs and business goals are met through effective payment solutions.
  • Act as the main point of contact between our merchants and PSPs, facilitating smooth onboarding processes and fostering strong working relationships.
  • Establish and maintain close relationships with merchants, providing ongoing business advisory services and recommending appropriate payment solutions based on their business models and financial structures.
  • Analyze financial data to monitor the performance of merchants suggesting and implementing new payment solutions to enhance their operations and profitability.
  • Maintain regular communication with PSPs to stay updated on their offerings and onboarding requirements. Analyst their financial performance to optimize the matching process between merchants and PSPs.
  • Manage existing and ongoing relationships between our merchants and PSP s to ensure mutual satisfaction and success.
  • Reporting on performance metrics and contribute to achieving monthly division targets through strategic planning and execution.

Required Qualifications

  • Bachelor's degree in Business, Finance or related field.
  • Proven experience in portfolio management, within the payment solutions or fintech
  • Strong analytical skills with the ability to interpret financial data and make informed recommendations.
  • Background in or familiarity with high-risk industry environments, with an understanding of the unique challenges and regulatory considerations in these sectors.
  • Strong understanding of pricing structures, including different models and how they impact business and payment solutions.
  • Understanding of global payment methods.
  • Ability to remain calm and focused, prioritize effectively, and stay organized in a fast-paced and evolving environment.
  • Excellent communication skills

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