Full-Time

Banking Ops Associate

Confirmed live in the last 24 hours

Payoneer

Payoneer

1,001-5,000 employees

Global payment platform for cross-border transactions

Fintech
Financial Services

Compensation Overview

$75k - $85kAnnually

+ Bonus

Mid, Senior

New York, NY, USA

Hybrid position requiring in-office presence.

Category
Procurement & Sourcing
Supply Chain Management
Operations & Logistics
Required Skills
SQL
Customer Service
Data Analysis
Excel/Numbers/Sheets
Requirements
  • 3+ years of experience in the Banks/FX industry
  • Advanced proficiency in Microsoft Excel and Outlook required
  • Professional experience working with SQL required
  • Bachelors Degree
  • Ability to analyze and action data
  • Excellent written and verbal internal and external communication skills
  • Ability to multi-task and work with many systems and different global teams within the company
  • Curious and creative thinker, proactive, problem solver
  • Strong Team Player
  • Strong communication and customer service skills
  • Action orientated and can handle high stress/impact events
Responsibilities
  • Daily handling of processing global bank transfers to our customers
  • Local point of contact for managing relationships with partner banks & providers, including daily communication via email and phone
  • Processing and monitoring our global bank payments and transactions with banks and providers aiming at avoiding any kind of delay/error – statuses, volumes, duplicates, rates, fees, technical issues, etc.
  • Providing insights and suggestions on improvements and optimizations of the various flows
  • Supporting internal and external customers regarding the Global Bank Transfer product
  • Owning and maintaining ongoing communication cadence with internal and external banking relationship contacts

Payoneer provides a global payment platform that makes international business transactions easier and more affordable. The platform allows businesses to send and receive payments in various currencies, which helps them expand into new markets without the hassle of traditional international wire transfers. By enabling companies to transact as if they were local, Payoneer reduces the complexity and costs associated with cross-border payments. It serves a diverse clientele, from small businesses to large corporations, and connects users to major online marketplaces, enhancing their growth opportunities. Payoneer generates revenue by charging lower service fees compared to traditional banks, making it a cost-effective choice for businesses looking to operate internationally.

Company Stage

IPO

Total Funding

$553.5M

Headquarters

New York City, New York

Founded

2005

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of Skuad enhances Payoneer's payroll and contractor management capabilities.
  • Growing trend of SMBs expanding into Europe and Central Asia benefits Payoneer.
  • Integration of AI in SMBs' operations aligns with Payoneer's service offerings.

What critics are saying

  • Increased competition from digital payment platforms like Wise and Venmo.
  • Integration challenges from the Skaud acquisition may pose financial risks.
  • SMBs' unpreparedness for geopolitical risks could impact Payoneer's transaction volumes.

What makes Payoneer unique

  • Payoneer simplifies international transactions by offering multi-currency payment solutions.
  • The platform connects businesses to leading marketplaces for global expansion opportunities.
  • Payoneer charges lower fees than traditional banks for international wire transfers.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Parental Leave

Wellness Program

Flexible Work Hours