Director of Payment Operations

Posted 6 Days Ago
Be an Early Applicant
New York, NY
Hybrid
130K-150K Annually
3-5 Years Experience
Fintech • Payments • Professional Services • Software • Financial Services
Melio is a B2B payments platform that is building the infrastructure for moving money between businesses.
The Role
The Director of Payment Operations will manage domestic and international payment operations, ensuring effective support and optimization of payment systems. Responsibilities include leading incident management teams, collaborating with internal stakeholders, enhancing operational efficiency, and managing vendors to mitigate risks in payment channels.
Summary Generated by Built In

Director, Payment Operations
Location: Hybrid in New York City

Qualifications:

  • 4+ years of operations experience, including at least 2+ years in direct payment operations, with a proven track record of success in scaling and optimizing payment systems. 0-2+ years of director experience.
  • Proven track record of managing performance-driven operations teams as demonstrated by SLA Adherence, Ticket Management, Processed & Touched TPV, etc. 
  • Demonstrated ability to manage complex operational processes and relationships, including change management and process optimization.
  • Experience maintaining operational working relationships with internal and external partners. 
  • Passionate about team management, with a strategic yet hands-on approach to leadership and development.

Bonus points:

  • Knowledge of fintech, AP/AR, and/or B2B strategy
  • Experience working on a global team

A day in the life and how you’ll make an impact:

  • Manage and direct the activities of the domestic and international payment operations ensuring continuous, uninterrupted support from critical third parties.
  • Lead production teams within incident management and suspicious activities that include, fraud reporting, loss, disputes, and recovery efforts, and the payment services teams that handle the day-to-day flow of funds including ‘unhappy’ flows.
  • Collaborate consistently with internal stakeholders, including Risk & Compliance, Customer Experience, Legal, Product, GTM and others to proactively drive performance and manage risk.
  • Execute strategies, resolve issues, and provide support on all operational matters regarding payments to drive operational efficiency, continuous improvement, and enhance the customer experience.
  • Maintain in-depth knowledge of end-to-end transactional flows for payment channels.
  • Keep up to date with industry-accepted best practices for payment processing, understanding current needs and trends, and recommending changes in existing processes as appropriate.
  • Identify and communicate technical and/or business issues and solutions, including troubleshooting and coordinating with cross-functional teams in identifying and resolving issues that impact operations and the customer. 
  •  Assume direct responsibility for managing vendors (acting as a single point of contact for the bank) and critical third parties to ensure continuous, uninterrupted support.
  • Anticipate emerging risks and mitigate existing risks relative to payment channel operations, prioritize and resolve issues.

About the team:

Melio is a payments company, so who better than the Payment Operations team to perform critical manual escalations of money movement to ensure we collect and deliver those payments; and to be constantly changing with our platform uplift. Payment Operations solves problems. We are a team of payment services, recovery services, & incident management experts who understand how our banking system works and helps users and engineering when they have complex payment issues.  This team focuses on continuous improvement of manual processes to move money in production, project work, automations, recovery of funds within the banking system, tooling and data insights to optimize our impact.  POps is a lean, mean, development machine.

About Melio USA: 

  • Competitive compensation packages: We strive to make every employee feel valued and appreciated.
    • The annual base salary range for this position is $130,000 - $150,000.
  • Medical, Dental, and Vision: We offer generous and highly competitive plans with up to 100% employer-paid coverage, FSA and HSA.
  • 401K matching and stock options: Feel the investment of working at a hyper-growth startup.
  • Wellness: We take a holistic approach to wellness at Melio with a focus on providing financial, physical, emotional, social, and community support for our employees.
  • Time Off: Time to rest and recharge is a priority for us. We offer competitive vacation time, sick days, holidays, parental leave and wedding days to allow you to take the time you need, when you need it.
  • Food perks: Enjoy our fully stocked kitchens, along with a weekly Seamless stipend and plenty of catered meals each week.
  • Office culture: Thrive in our collaborative offices in New York City or Denver, in a hybrid working environment. We are dog friendly as well!
  • Growth and development: Lean on the diverse team to foster professional and personal growth through workshops, mentorship programs, and team building activities. 

Melio builds business-to-business (B2B) payment tools so small business owners can spend less time in the back office and more time on their craft. As the fastest-growing B2B payment platform in the US, Melio is working hard to find new and better ways to help small businesses succeed in the ways that work best for them.

Melio's diversity, equity and inclusion efforts have always been a top priority within our team. We are an Equal Opportunity Employer, and all of our employees encompass different strengths, experiences and backgrounds. DEI within Melio prioritizes race, gender, age, disability status, veteran status, sexual orientation, religion and many other parts that make up one's identity. Having a diverse team across all offices is key to our success, and inclusion is each #TeaMelio member's responsibility. Melio accepts job applications on an ongoing basis until the position is filled. If you are interested in applying for this job opportunity, please do so directly on our careers page (or if you’re here already, scroll down and apply now!). This employer participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.

The Company
HQ: New York, NY
580 Employees
Hybrid Workplace
Year Founded: 2018

What We Do

When we started Melio, we wanted to totally reinvent the way businesses pay each other. More than an efficient accounts payable tool, we’ve created a digital B2B payment platform that not only saves time but also improves cash flow. With Melio, you choose exactly how you pay and get paid, and stay on top of invoices for good. Every transaction is simple and seamless. We’re proud to help our growing community of businesses spend more time with their customers—and less time with their books.

Why Work With Us

Our culture and people are our top priorities. We champion a team that fosters DEI in all aspects. Our #TeaMelio is made up of hardworking go-getters, and we love to celebrate the successes of our team. and the continued success of our growing company! Melio fosters collaboration and transparency both internally and externally.

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