Full-Time

Acquirer Operations Manager

Posted on 6/27/2024

Square

Square

5,001-10,000 employees

Payment and POS solutions for businesses

No salary listed

Senior, Expert

Remote in USA + 1 more

More locations: Atlanta, GA, USA

Category
Quality Control & Compliance
Supply Chain Management
Operations & Logistics
Required Skills
Data Analysis
Requirements
  • 8+ years of experience in the payments industry at either a bank, acquirer, fintech, or card network
  • Industry knowledge: you understand network rules, interchange, the PSP business model, connectivity, data exchange and key performance indicators related to payment processing. You have a high level understanding of technical payment specifications (such as ISO 8583) and the ability to translate business needs into technical requirements
  • Collaborative skills: you are a strong communicator that works well with internal and external partners to influence priorities
  • Leadership qualities: you set priorities based on strategic vision and achieve alignment with team members and cross-functional partners
  • Results-oriented mindset: you have a bias toward action and are comfortable driving projects forward through ambiguity
  • Dexterity and appetite to straddle roles as a program manager, relationship manager, problem solver, troubleshooter and analytics manager, examining technical issues and thoughtfully working to resolve them
Responsibilities
  • Own and manage day to day payment operations across network gateways in the U.S. and internationally
  • Collaborate and work cross functionally with Risk, Compliance, Engineering, Product, and Reconciliation teams to identify required technical tasks and resolve operational issues
  • Provide strategic and operational guidance as we work to enable connections in new markets
  • Work with payment industry partners and suppliers to scope and implement new features that strengthen our processing infrastructure
  • Translate technical changes to internal stakeholders to ensure compliance with upcoming network release requirements

Square provides payment and point-of-sale (POS) solutions for businesses, particularly small to medium-sized enterprises (SMEs) like retail stores and restaurants. Its main product is a POS system that includes card readers and a software platform, enabling businesses to accept various payment methods such as credit cards and mobile payments. Square also offers additional services like invoicing, payroll management, and business analytics, making it a comprehensive tool for managing business operations. What sets Square apart from competitors is its user-friendly design and transparent fee structure, which charges a small fee per transaction processed. The company's goal is to empower SMEs by simplifying payment processing and business management.

Company Size

5,001-10,000

Company Stage

Post IPO Equity

Headquarters

San Francisco, California

Founded

2009

Simplify Jobs

Simplify's Take

What believers are saying

  • Square's new Ecommerce APIs enhance integration with online platforms for seamless payments.
  • Cash App's growing direct deposit users indicate successful expansion into banking services.
  • Square Financial Services' FDIC approval allows direct consumer loans, expanding revenue streams.

What critics are saying

  • Increased competition from fintech startups may erode Square's market share.
  • Regulatory scrutiny on digital payment platforms could raise operational costs for Square.
  • Consumer privacy concerns may impact Square's data-driven business model.

What makes Square unique

  • Square offers a comprehensive suite of payment and business management solutions.
  • Square's user-friendly POS system supports various payment methods, including contactless transactions.
  • Square's transparent transaction fee structure appeals to small business owners.

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