VP Payment Services

Company: BillGo
Location: Fort Collins
Posted on: November 19, 2021

Job Description:

POSITION SUMMARY The VP - Payment Services has overall responsibility and management for the daily money movement, clearing, settlement and reconciliation of payments, compliance with corporate policies, risk mitigation, leveraging new technologies, and process improvements within the Payment Services group. AREA OF FOCUS All other duties as assigned, plus--- * Serve as Resident Expert on all things money movement-related and SME to all cross-functional groups including, but not limited to, Finance, Accounting, Product, Risk and Compliance. * Maintain and manage relationships with Banking and Issuing Partners * Ensure sufficiency of funds to meet daily prefunding requirements. * Provide liquidity and debt reporting on set cadence * Assess and recommend automated money movement and reconciliation processes leveraging in house and third-party technology * Develop and implement standards, policies and procedures * Maintain and develop Money Movement, Clearing, Settlement, and Reconciliation procedures and manuals * Serve as SME in the on-boarding of new Clients, product lines and/or Issuing Partners * Oversee Settlement Failures and negotiate to satisfactory conclusion * Daily Management of Clearing, Settlement, and Reconciliation processes * Manage Clearing, Settlement, and Reconciliation team MINIMUM QUALIFICATIONS * Bachelor's Degree in Business Administration (emphasis in Accounting, Finance or related field) or commensurate work experience * Expertise in back-office payment processing, clearing, settlement, and reconciliation principles * Experience in designing and successfully implementing automated money movement and reconciliation processes at scale. * Excellent communication and collaboration skills. * Willing to get into the details and "roll-up your sleeves". SUPERVISORY RESPONSIBILITIES This position will have one direct report with line responsibility for up to five employees and will report to the Chief Financial Officer. Behavioral Competencies (Are you always keeping these at the forefront of your mind?) Do what we say - Believe in it first! If you commit to do something, follow through! Deliver on what you've promised. Let people see that your word is your bond. If circumstances prevent you from delivering fully, report back the cause of the problem. Focus on impact - Work on the items that will have the biggest results and impact. Innovate past what exists - Challenge yourself and each other, push boundaries, solve complex problems, and share accomplishments. Seek to Understand - Be transparent, listen well, allow ideas their spotlight, fight criticism, be open and receptive to others' point of view, to see their reasons and feel what they feel. Make it Fun! - Stay positive, foster an environment of collaboration, find fun in the everyday, and celebrate wins.

Keywords: BillGo, Fort Collins , VP Payment Services, Executive , Fort Collins, Colorado