Head of Payments – Financial Services – Limassol – ET921234

GRS in collaboration with a Financial Services company based in Limassol, are seeking to recruit a Head of Payments. The ideal candidate must have at least 5 years of experience in a Payments Manager role within the Financial Services or Payments Solutions. You will be interacting with PSP’s and developing long-lasting relationships and negotiate terms and conditions. This is a great opportunity for someone with excellent communication skills and a dynamic character.

MAIN DUTIES AND RESPONSIBILITIES

• Conduct research to identify new Banks and PSPs
• Recommend new banks and PSPs to the Management according to business needs and provide guidance to the Management regarding related issues
• Interaction with PSP’s and ability to develop long-lasting relationships and negotiate terms and conditions
• Dealing with the onboarding of banks and PSPs and integration
• Monitoring bank and PSP fees are correctly charged according to the agreement
• Suggestions and implementation of how we can decrease banks and PSP fees
• Comparison of fees between banks and PSPs, and optimisation of fee structure
• Suggestions and implementation how we can decrease declines from PSPs and how to increase Approval rates
• Corresponding with banks and all PSPs on issues
• Reconcile payments received against statements from PSP and ensure that the correct amounts are recorded in the company’s official records
• Monitoring accuracy of fees deduction and rolling reserve from the PSP
• Keeping track of market trends, looking for cost – reduction opportunities, checking – approving contracts / commercial parts / developing relationships with external contacts all over the world
• Report to the CEO and CFO

CANDIDATE PROFILE

• Degree in Finance, Accounting, Business, Management, or any other relevant field
• 5 years of industry experience in a Payments role, ideally having previously worked at a Financial Institution
• Fluency in English is a must
• Specific knowledge of the card payments industry will be considered as an advantage
• Highly motivated with excellent problem solving and analytical skills
• Excellent communication skills
• Communicate clearly and concisely to the Chief Financial Officer
• Able to work on own initiative with excellent attention to detail

COMPANY BENEFITS 

• 21 days of annual leave
• Medical insurance
• Discount card
• Discretionary bonuses
• Corporate events

Due to the high volume of applications we receive at GRS Recruitment, only shortlisted candidates will be responded to.

To apply for this position, please email your CV to Elena Tambouri, at the following email address [email protected] quoting the above job reference or call +357 25 342 720 for further information.