Payment & Business Development Manager - Limassol

  • Location:

    Cyprus, Limassol

  • Discipline:

    Payment Processing

  • Job type:

    Permanent

  • Benefits:

    The company is offering a competitive salary based on qualifications, experience and skills plus additional benefits

  • Published:

    05-10-2023

  • Expiry date:

    28-11-2023

  • Reference:

    1837

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Our client, an International Dealing, Banking and Legal Consultancy service company based in Limassol, is currently looking for an experienced Payments and Business Development Manager to join their team. 

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.

Responsibilities:

  • 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.

Qualifications and Skills:

  • 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, APM
  • 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

Benefits: 

  • The company is offering a competitive salary based on qualifications, experience and skills plus additional benefits

To apply:

Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Payment & Business Development Manager with reference number 1837.
Or you can apply directly through your candidate login by hitting the APPLY button.