Head of Payments and Product Partnerships - 24010315
Location: Dallas, Texas | United States of America |
Job Schedule: Full-time
Department: Digital
Head of Payments and Product Partnerships- Remote, USA
MoneyGram International, Inc. is revolutionizing the world of digital peer-to-peer payments! With a purpose-driven strategy and a strong culture of fintech innovation, MoneyGram has connected over 150 million people in the last five years. The Company's modern, mobile, and API-driven platform and collaborations with top brands make it easy for consumers to access its direct-to-consumer digital channel, global retail network, and embedded finance business for enterprise customers. MoneyGram is also a leader in pioneering cross-border payment innovation and blockchain-enabled settlement.
Join the movement of money with MoneyGram!
The Head of Payments & Product Partnerships is a critical role at the front line of MoneyGram’s digital transformation. The vision for MoneyGram’s direct to consumer business (MGO) is to help global families stay connected and achieve their financial goals with the industry’s most trusted financial services. We do this by helping international earners take pride in making the most of the support they offer by facilitating smart financial decisions and eliminating the hassles of managing their money.
Inspired by this mission, the successful candidate in this role will cultivate existing, drive new payment processing, and account deposit capabilities. This candidate will champion all partner-driven product enhancements for our consumer direct business. Reporting to our GM – Head of Payments and Product Partnerships, this individual will be responsible for day-to-day leadership of MoneyGram’s key payments relationships. A candidate would aide in driving innovation, cost containment and ensure contractual obligations and SLA standards are met. This role will help execute against an established annual plan and efficiently manage the associated P&L.
This individual will function as a key functional expert across internal and external stakeholders to ensure strategy execution across the organization and will have responsibility for building the team to achieve our objectives.
Role Responsibilities
· Negotiating and managing payments partnerships as they pertain to:
o Global Payment rails (Visa/ Mastercard/ Discover/ PIN networks)
o Payment processing (Fiserv, Worldpay)
o Alternative payment mechanisms (ACH, Trustly, Sofort)
o Identity verification
· Influence the P&L for other partner-driven product enhancements.
o Setting the strategic direction for new product partnerships to include in the MGO app.
o Sourcing and negotiating new partnerships.
o Managing partner relationships
o Coordinating with Product teams and marketing to ensure the successful launch of new products and features.
o Managing the P&L for partner-delivered services in the MGO experience
· Providing strategic guidance on new payment rails and account deposit mechanisms
· Coordinating with Legal on contract management and negotiations
· Coordinating closely with Product on defining the scope and roadmap for our payments products (MGO)
· Ensuring that our external partners are working effectively with our internal resources – acting as the “glue” that holds together our internal resources and external partners to deliver a common goal.
· Developing partnership plans for each major partnership, laying out our near-term and long-term objectives and managing the relationships at a senior level to accomplish our goals.
· Stay up to date on key news and developments with our key partners and proactively identify ways for them to advance our objectives.
· Advising our Risk team on KYC/ Identity verification partnerships
Role Requirements
Any combination of relevant education and experience and/or related professional designations/certifications in this field is highly desirable.
Education
Minimum Required: BA/BS degree or combination of experience with certifications.
Experience
· 5+ years’ experience in roles with successively more responsibility in the payments and fintech sector
Essential Skills
· Experience managing network partnerships (i.e., Visa, Mastercard)
· Experience managing merchant processing relationships (i.e., Fiserv, WorldPay)
· Understanding of the domestic and international payments ecosystem
· Understanding of key players in identify verification.
· Strong collaboration and interpersonal skills to collaborate closely with various teams throughout the organization.
· Strong budgeting and leadership skills
- Demonstrated ability to create, communicate, implement, and manage an effective business strategy.
- Demonstrated problem solver and creative thinking.
- Excellent verbal, written and presentation skills.
- Ability to gather and synthesize critical information.
A global fintech enabling consumers and businesses to move and manage money in every country around the world. Join the movement!
Through its expansive set of fintech offerings, MoneyGram provides millions of consumers annually the ability to seamlessly send money home to family and friends and buy, sell, and hold cryptocurrencies on its industry-leading app.
The Company's innovative cross-border platform enables its customers to send funds directly into bank accounts and mobile wallets or cash-in and cash-out more than 135 currencies and numerous cryptocurrencies through one of the largest cash distribution networks in the world.
Modern, mobile, and API-driven, MoneyGram's white-labeled remittance service also provides some of the world's top brands and organizations the ability to disburse funds directly to their consumer clients.
Benefits:
- Remote Flexibility
- Generous PTO
- 13 Paid Holidays
- 22 Weeks of Maternity Leave
- 4 Weeks of Family Bonding
- Medical / Dental / Vision Insurance
- 401K with Employer Match
Disclaimer:
The salary/pay rate listed is a good faith determination that may be offered to a successful applicant for this position at the time of this job advertisement based on company hiring process and budget for this role and may be modified in the future. Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.