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Full-Time

Business Continuity Director

Posted on 7/3/2024

Payoneer

Payoneer

1,001-5,000 employees

Global payment platform for cross-border transactions

Data & Analytics
Fintech
Financial Services

Compensation Overview

$150k - $190kAnnually

Senior, Expert

New York, NY, USA

Category
Strategy Development
Business & Strategy
Required Skills
Communications
Management
Requirements
  • Bachelor's degree in Business Administration, Risk Management, or a related field
  • 8+ years of experience in business continuity planning, third-party risk management, or event management in finance
  • Deep knowledge of crisis management regulations in the US and globally
  • Understanding of financial institution operations and technology
  • Incident management experience with analysis skills
  • Strong strategic planning, analytical, and alignment abilities
  • Excellent communication skills
  • Proven leadership in team management, innovation, risk awareness, and continuous improvement
  • Professional certifications in business continuity (e.g., CBCP, CBCI)
Responsibilities
  • Develop an integrated Crisis Management, Business Continuity Planning, and Incident Management strategy
  • Lead the creation, implementation, and maintenance of crisis management and business continuity plans
  • Regularly assess and simulate scenarios to test plans
  • Collaborate with stakeholders to prioritize critical processes, vendors, and resources
  • Lead the process of analyzing potential Incidents
  • Design and establish clear escalation pathways for addressing critical Incidents
  • Develop and execute a robust third-party risk management framework
  • Oversee the assessment and continuous monitoring of third-party risks
  • Collaborate closely with cross-functional teams
  • Create and present detailed reports to senior leadership
  • Stay updated on relevant regulations and standards

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

$876.2M

Headquarters

New York City, New York

Founded

2005

Growth & Insights
Headcount

6 month growth

2%

1 year growth

2%

2 year growth

6%
Simplify Jobs

Simplify's Take

What believers are saying

  • Payoneer's significant growth in merchant services volume, which increased by 400%, indicates strong market demand and potential for further expansion.
  • The company's strategic partnerships, such as with Airbnb, enhance its global reach and service offerings, benefiting both Payoneer and its clients.
  • The adoption of AI-powered tools and diverse vendor networks by SMBs, as highlighted in Payoneer's SMB Ambitions Barometer, suggests a forward-thinking approach that can drive future growth.

What critics are saying

  • The complexity of cross-border payments and geopolitical risks could pose challenges for Payoneer's clients, potentially impacting the company's growth.
  • Cybersecurity threats remain a significant concern, with SMBs increasingly prioritizing risk reduction, which could strain Payoneer's resources.

What makes Payoneer unique

  • Payoneer simplifies international transactions by allowing businesses to pay and get paid as if they were local, reducing the need for costly international wire transfers.
  • The platform's connections to leading marketplaces provide unique opportunities for businesses to expand globally, setting it apart from traditional financial institutions.
  • Payoneer's focus on cost-effective solutions with lower fees than traditional banks makes it an attractive option for businesses of all sizes.
INACTIVE