BANKING SOLUTIONS OFFICER (Cyprus)

DUTIES AND RESPONSIBILITIES:

Conduct market research to stay updated on new Payment Service Providers (PSPs) and emerging payment technologies

Identify and onboard new banking solutions to expand the organizations payment offerings

Continuously evaluate and improve payment processes to boost user experience and operational efficiency

Implement cost-reduction strategies for payment processing and increase transaction success rates

Establish and maintain strong relationships with payment service providers to foster effective communication and collaboration

Negotiate contracts and agreements to secure favorable terms with payment providers

Oversee the integration and ongoing management of payment gateways

Monitor payment processing performance, addressing any issues promptly to ensure smooth operations

Ensure all payment processes adhere to industry regulations and internal policies

Collaborate with operations and compliance teams to maintain high security standards and prevent fraud

Develop and implement payment policies and procedures when applicable

Generate regular reports on payment performance, offering insights and recommendations to senior management

Analyze transaction data to identify trends and opportunities for process improvements.