Manager - Payment Operations

Posted 25 Days Ago
Be an Early Applicant
Sioux Falls, SD, USA
In-Office
56K-105K Annually
Senior level
Fintech • Software • Financial Services
The Role
Manage Fintech payment operations, supervise billing and invoicing, ensure compliance, lead change management, and provide strategic recommendations while overseeing Payment Operations Specialists.
Summary Generated by Built In

At Sunrise Banks we are committed to a culture of trust and transparency that welcomes all.

POSITION SUMMARY - ONSITE, LOCAL APPLICANTS - SIOUX FALLS, SD

The Manager of Fintech Payment Operations will supervise the bank’s Fintech billing and invoicing functions and manage network and processor paperwork and operational setup of these relationships and associated products. They will work with Deposits Services, Accounting, Information Services, Compliance, Audit, Client Relations and Fintech clients to manage operational and customer service items.

ESSENTIAL FUNCTIONS

  • Own and manage the bank’s operational relationships with Visa, Mastercard and Discover, serving as the primary point of contact for network-related matters.
  • Review, and submit all required network documentation, including setup forms, program updates, and partner provisioning.
  • Maintain administrative access to network portals and ensure accurate use of reporting and billing tools.
  • Responsible for network quarterly reporting collection and submissions.
  • Analyze and validate monthly network invoices; resolve discrepancies in coordination with internal teams and network contacts.
  • Oversee the Partner billing process, ensuring timely and accurate completion of billing statements according to contract.
  • Monitor and ensure timely payment of network fees, dues, and drawdowns; approve and coordinate wire transfers as needed.
  • Lead change management efforts for network updates, billing changes, and program modifications in collaboration with processors and program managers.
  • Review and approve daily funds movement entries via Online Banking, Block File processing and daily wire approvals.
  • Support new program implementations and winddowns by overseeing network setup and billing requirements.
  • Coordinate with Client Relationship Managers and processors to resolve escalated network issues and ensure timely resolution.
  • Ensure compliance with network rules and regulatory requirements.
  • Align staffing strategies with business growth and operational needs.
  • Present findings and strategic recommendations to senior leadership.
  • Prepare for internal and external audits related to Fintech and Payments products.
  • Champion a culture of innovation, accountability, and continuous improvement.
  • AI advocate, change agent and results champion

 SUPERVISORY RESPONSIBILITIES

This position supervises the Payment Operations Specialists. Responsible for the hiring, performance management and development of these employees.

COMPETENCIES

  • Sunrise Core Values 
  • Adaptability
  • Communication
  • Compliance
  • Dependability & Flexibility
  • Initiative
  • Integrity
  • Judgement
  • Organizational Skills
  • Productivity
  • Professionalism
  • Quality Service
  • Teamwork
  • Technical /PC Skills
  • Work Quality 

                           EDUCATION & EXPERIENCE

                          • College degree in finance or business-related field preferred
                          • Seven (7) years of banking account or operations experience required.
                          • Superior skill set in the use of Microsoft Office Suites.
                          • Strong leadership and interpersonal skills with the ability to manage diverse teams.
                          • Exceptional attention to detail and accuracy.
                          • In-depth understanding of banking and non-traditional bank products regulatory environment.
                          • Ability to effectively present information to leadership management committees and co-workers.
                          • Comprehensive experience in Prepaid, Payments, financial industry or accounting required.
                          • Demonstrate the ability to work effectively with AI tools and maintains an open, curious approach to emerging technologies.

                          COMPENSATION & BENEFITS

                          Annual Salary DOQ: $56,434 - $80,620 - $104,807
                          Benefits: Medical, Dental, Vision, FSA, Life, AD&D, STD, LTD, PPL, PTO, PVTO, 401k w/match and more. Visit www.sunrisebanks.com for more details.

                          Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
                          This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

                          Skills Required

                          • Seven years of banking account or operations experience
                          • College degree in finance or business-related field
                          • Comprehensive experience in Prepaid, Payments, financial industry or accounting
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                          The Company
                          HQ: Saint Paul, Minnesota
                          349 Employees
                          Year Founded: 1962

                          What We Do

                          At Sunrise Banks, our success relies on the success of the communities we serve. We believe that where you bank matters. That’s why it’s our mission to be the most innovative bank empowering financial wellness. As a socially responsible bank, we offer financial products that aim to better the lives of our clients in Minnesota, South Dakota, and beyond. Since 1986, we have been committed to working with the communities we serve using innovative tools and resources that provide opportunities to gain stability, build generational wealth or start a business. Sunrise Banks was founded by David Reiling, a social entrepreneur and innovator on the cutting edge of fintech and financial wellness. He strives to forge meaningful partnerships that drive sustainable economic growth. The bank, driven by David’s vision, focuses on positive community engagement and partners with like-minded companies to extend its mission nationally and around the world. Our membership and certifications are one way we demonstrate our ethical banking standards. Our mission is embedded in the products we offer and the services our customers receive. We provide innovative services throughout our core banking and fintech offerings. These certifications and memberships show our commitment to values-based banking: • Certified B Corporation • Certified Community Development Financial Institution • Member of the Global Alliance for Banking on Values Member FDIC | Equal Housing Lender | Equal Opportunity Provider | NMLS # 640909 | AA/EOE

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