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Full-Time

Head of Point of Sale

Posted on 6/27/2024

Pagaya

Pagaya

501-1,000 employees

AI-powered network enhancing credit approvals

Consulting
Enterprise Software
Fintech
Crypto & Web3
AI & Machine Learning
Financial Services

Compensation Overview

$220k - $260kAnnually

Expert

New York, NY, USA

Category
Product Management
Product Strategy
Product
Required Skills
Communications
Salesforce
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • 15+ years of partnerships and product experience, including managing teams, building executive level enterprise relationships.
  • Experience in Banking, Payments, or Capital Markets and specifically responsible for managing Tier 1 partners with a proven experience in growing their business.
  • API-driven product/platform partnership experience
  • Solid understanding of financial modeling and ability to run appropriate sensitivities in client-provided models.
  • Strong negotiating skills, and an ability to exercise good judgment which balances meeting appropriate requirements of clients and investors.
  • Strong MS Excel, PowerPoint, and database skills with Salesforce experience a plus
  • Strong business writing skills
  • Strong understanding / prior experience with POS ecosystem
  • Ability to work as part of a team.
  • Strong drive and desire to take on responsibility.
  • Likes and prioritizes working with a genuine interest in product and partnerships.
  • Demonstrated ability to manage multiple priorities, seek necessary information for informed decision-making, and efficiently allocate time.
  • Passionate about contributing to Pagaya's mission of creating a more efficient and equitable financial landscape.
  • Collaborative team player comfortable supporting colleagues and effectively working with a globally distributed team.
  • Proficient in cross-functional collaboration, capable of leading and executing projects across various levels and teams.
  • Bachelor's degree required or equivalent relevant experience.
Responsibilities
  • Senior Director of POS in the partner-product team is responsible for managing and growing the product feature set with existing and future POS partners. They will be responsible for developing, deploying, and managing partnerships which enrich our products and strengthen our go-to-market motions to ensure all partners have the best possible experience when selecting Pagaya.
  • They will be responsible for the growth of our overall strategic relationships with POS partners. As we expand our partners in 2024, managing and growing their product landscape will naturally fall under your leadership.
  • Through your efforts, you will elevate and reinforce Pagaya’s status as a top-tier partner and maintain strategic relationships with senior product and business leaders at the various POS partners. You will help them understand and deploy the Pagaya value proposition and the journeys which will benefit their customers. This nurturing will unlock opportunities for Pagaya to continue differentiation in the market and set the pace for innovation, which in the end benefits customers.
  • You will collaborate internally with key technology, risk, and commercial leaders to support product growth through effective partner planning. Your partner plans would include joint roadmaps, defined strategic initiatives, product explorations, and more. You are comfortable working as part of a global team, encouraging effective collaboration, and engaging with executives at all levels both internally and within the Pagaya ecosystem.
  • The candidate will be responsible for the following:
  • Define a strategy & approach for Product Partnerships to support our objectives and the needs of our merchants.
  • Own the performance of POS channel, including strategic thought leadership, with direct oversight of execution and partner management for partners.
  • Actively collaborate with the Commercial Organization, Product, and Pillar leaders to continually refine a bold vision for the future and what’s necessary to get there.
  • Align your team’s focus on strategy and highest impact opportunities, including setting and delivering on solution-level goals.
  • Make forward-thinking business decisions which support the broader product and commercial teams.
  • Create an inspiring and collaborative team environment with an open communication/feedback culture.

Pagaya offers an AI-powered credit analysis network that enhances credit approvals for banks, credit card networks, auto lenders, and fintech partners, while managing risk. Their technology enables increased credit approvals without undue risk, benefiting various financial institutions.

Company Stage

IPO

Total Funding

$2.4B

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-3%

2 year growth

-26%
Simplify Jobs

Simplify's Take

What believers are saying

  • Pagaya's continuous momentum in raising significant capital, such as the recent $1 billion across two ABS deals, indicates strong financial health and growth potential.
  • The appointment of experienced leaders like Tami Rosen and Evangelos Perros strengthens the company's executive team, enhancing strategic direction and operational efficiency.
  • Partnerships with major financial institutions like U.S. Bank expand Pagaya's market reach and validate its AI-driven solutions.

What critics are saying

  • The competitive landscape in AI-driven financial technology is intense, requiring Pagaya to continuously innovate to maintain its edge.
  • Dependence on strategic partnerships and funding networks could pose risks if market conditions change or partnerships dissolve.

What makes Pagaya unique

  • Pagaya leverages AI-driven product solutions specifically tailored for the financial ecosystem, setting it apart from more generalized AI technology providers.
  • The company's robust funding network, with over 110 partners and $21 billion raised in ABS transactions, demonstrates its strong market presence and investor confidence.
  • Pagaya's strategic advisory board, chaired by industry veteran Tami Rosen, provides a unique advantage in forming high-level partnerships and driving innovation.
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