
Operational Excellence Manager
2 days ago
We are seeking a seasoned Operational Excellence Manager to optimize, re-engineer, and implement new initiatives within our Acquiring & Cash Management team.
This role requires a deep understanding of payment processing, merchant acquiring models, settlement cycles, and reconciliation.
Key Responsibilities- Process Optimization:
- Conduct end-to-end analysis of merchant onboarding, transaction processing, reconciliation, and settlements to identify inefficiencies.
- Streamline operational workflows across acquiring, risk, compliance, and finance teams.
- Identify and implement automation opportunities in merchant servicing, reporting, and reconciliation.
- Develop dashboards and KPIs to track and monitor operational effectiveness.
- Process Re-engineering:
- Redesign the merchant underwriting process to improve risk assessment and approval speed.
- Enhance merchant integration with our acquiring platform (APIs, payment gateways, etc.).
- Improve merchant payout processes for faster, error-free settlements.
- Review and refine fee structures and billing processes for transparency and efficiency.
- Implement advanced risk monitoring tools for fraud detection and compliance adherence.
- Implementation of New Initiatives:
- Lead the rollout of new payment solutions such as Soft POS, QR-based payments, and alternative acquiring models.
- Support the launch of self-service digital platforms for merchant onboarding and servicing.
- Work closely with technology teams to enhance system capabilities and improve the merchant experience.
- Develop training materials and operational manuals for new processes and initiatives.
- Ensure compliance with regulatory changes affecting acquiring and cash management.
Required Skills and Qualifications:
- 10+ years of experience in merchant acquiring, payments, cash management, or process optimization roles in banking or fintech.
- Strong understanding of payment processing, merchant acquiring models, settlement cycles, and reconciliation.
- Hands-on experience with Lean, Six Sigma, or other process optimization methodologies.
- Knowledge of AML, KYC, PCI-DSS, and other compliance requirements.
- Proven ability to lead and execute initiatives independently.
- Strong data-driven decision-making skills.
- Ability to work across departments and present findings effectively.
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