Billtrust

Billtrust is the leading innovator in AR automation and B2B payments.

Vice President, Payment Programs

Vice PresidentVice PresidentFull TimeRemoteTeam 501-1,000Since 2001H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

128 days ago

Salary

$236K - $272K / year

Bachelor Degree10 yrs expEnglishRuby ON Rails

Job Description

• Plan, direct, coordinate, and oversee operations activities related to Billtrust products and Payment Programs, ensuring development and implementation of efficient operations and cost-effective systems to meet current and future needs of the organization • Promote an increase in departmental productivity and efficiency, effectiveness, and overall profitability through vendor relationships, internal coordination, active monitoring of team activities, and continuous process improvement • Drive innovation and appropriate use of new technologies, fintech/banking partners, and/or internal platforms to ensure best in class operations in payment services for customers, partners, as well as potential new revenue-generating opportunities • Architect and execute operational transformation initiatives to enhance efficiency, reduce manual processes, and drive straight-through processing rates across all payment types. • Establish and monitor key performance indicators (KPIs) including transaction success rates, settlement accuracy, processing times, fraud rates, and customer satisfaction metrics • Lead efforts to ensure enterprise-wide compliance with all applicable regulations including PCI DSS, NACHA Operating Rules, card network policies (Visa, Mastercard), ACH regulations, wire transfer requirements, and emerging payment rails • Lead enterprise risk assessments and manage business continuity planning for payment operations. Ensure 24/7/365 operational readiness for real-time payment processing requirements. • Create strategic vision and collaborate with senior and/or executive leadership to define and ensure success of strategy in alignment with organizational objectives • Serve as an escalation point for highly complex, priority issues. Provide direction and guidance to assist with successful resolution • Collaborate with product and development teams, providing insight related to payment operations, card network rules, third party vendors, etc. • Build, lead, and develop high-performing payment operations organization spanning multiple functional areas and layers.

Job Requirements

  • Bachelor's Degree or equivalent experience, advanced degree preferred
  • +10 years of progressive experience in payment operations, with minimum 7 years in leadership roles managing large-scale payment portfolios​
  • Proven track record managing payment volumes exceeding $50 billion annually across full customer lifecycle (onboarding, operations, support, settlement)
  • Ability to exercise discretion and independent judgment in making decisions, and interact effectively and positively with all levels of the organization or vendors/partners
  • Deep knowledge of procedures, processes, policies, and regulations across card and payment space, in particular B2B credit card and ACH modalities
  • Previous experience at a payment processor – financial institution, fintech, or payment infrastructure provider
  • Superior understanding of merchant acquiring, payments funds flows, interchange dynamics
  • Ability to communicate and collaborate cross-functionally, with various levels above and below, internally and externally, and to technical and non-technical audiences
  • Demonstrated financial acumen to manage pricing programs, interchange qualifications, cash flow forecasting, cash conversion cycle, etc.
  • Established background in promoting a proactive risk culture and driving control initiatives, including knowledge of regulatory requirements
  • Excellent written and oral communication skills including presentation experience to large and diverse audiences of all levels of an organization
  • Entrepreneurial mindset and a results-driven attitude.

Benefits

  • Work from Anywhere: Your home, a coffee shop, a company paid WeWork ... you decide!
  • A Culture that Lives its Values: Our values are not just words or window dressing, they guide our decisions - big and small - each and every day.
  • Flexible Working Hours: We support your lifestyle- the results are what count.
  • Open PTO: Work-life balance is important. We believe in giving our employees time to truly relax and recharge.
  • Sabbatical: A paid leave to reward longevity and commitment to Billtrust.
  • Paid Parental Leave: To promote parent-child bonding and increase gender equity at home and in the workplace.
  • Opportunities for Growth: Professional development can take many shapes. Join one of our seven ERGs or participate in our Mentor-Mentee, and Leadership development programs- we foster an environment where all employees can grow.
  • Recognition: From Billtrust Bucks and CEO Shoutouts to Culture Champion and CEO Excellence Awards, our employees are recognized for hard work and outcomes achieved.
  • Benefits: Medical, dental, vision, 401(k) with company match, short-term and long-term disability, flexible spending accounts, HSA, and life, cancer, and AD&D insurance.
  • Minimal Bureaucracy: An entrepreneurial environment of ownership and accountability allows you to get work done.

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