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Payment & Business Development Manager (7037)

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#CR59478
Type: Full time

CareerFinders, on behalf of our client, a rapidly expanding Group of Companies that provide a range of services to Forex companies and Payment Service Providers (PSPs), we are seeking to recruit a Payment & Business Development Manager to join their growing team based in Limassol. The successful applicant will play a key role overseeing and managing the payments team, maintaining relationships with existing PSPs and/or Banks, as well as actively searching to onboard new payment solutions. Our client is seeking applicants who possess approximately 3+ years of proven Sales and/or Business Development experience from the payments industry, who possess in-depth knowledge and understanding of high risk payments solutions. Excellent verbal and written communication skills in English are essential and any other language skills will be considered a plus.

Key Duties/Responsibilities:

  • Act as the main point of contact for PSP or banking related matters.
  • Liaising with all PSP account managers.
  • Scout for new Payment’s 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.
  • 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.
  • Team training 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.

Key Skills/Experience:

  • Bachelor's degree in a relevant field, such as Finance, Business, or Computer Science, is preferred.
  • Minimum of 3 years of experience working in the payments industry, with a focus on Business Development.
  • 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.
  • Strong leadership and mentoring skills.
  • Excellent written and verbal communication skills in English, with additional languages being a plus.

To apply for these vacancies, please send your CV, along with any covering letter to jobs@careerfinders.com.cyquoting the reference number CAR7037. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy.

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