Payments Settlement Operations Manager

2 weeks, 6 days ago
Full-time
Senior
Operations
Versapay

Versapay

Versapay provides cloud-based accounts receivable automation software and integrated payment solutions that enhance efficiency and cash flow for businesses by facilitating electronic invoice presentment and online payment collaboration with customers.

Capital Markets
51-250
Founded 2006
$16M raised

Description

  • Oversee and audit daily settlement operations across ACH, wire, card, and alternative payment methods.
  • Monitor, investigate, and resolve exceptions, rejects, discrepancies, and returned items in payment processing.
  • Reconcile daily transactions and align settlement activity with invoice reconciliation.
  • Escalate unresolved payment issues and coordinate resolution with internal and external stakeholders.
  • Lead automation initiatives to reduce manual work and improve operational efficiency.
  • Partner with Product and Engineering to improve payment workflows and system capabilities.
  • Prepare, analyze, and present reports on payment activity, settlement performance, and operational trends.
  • Ensure adherence to internal controls, regulatory requirements, and audit standards.
  • Supervise and mentor settlement analysts and specialists, including performance reviews and KPI setting.
  • Collaborate with Finance, Accounting, Customer Support, Legal, Compliance, and external vendors to support seamless operations and new payment products.

Requirements

  • Bachelor’s degree in Finance, Accounting, Engineering, Mathematics, or a related quantitative discipline.
  • 5+ years of experience in payment operations.
  • At least 2 years of managerial experience.
  • Strong understanding of settlement systems, ACH processing, and dispute resolution.
  • Experience with automation tools and ERP/payment platforms.
  • Excellent communication, analytical, and leadership skills.
  • Familiarity with payment processing platforms and settlement automation tools such as Aurum Solutions, AutoRek, or similar (preferred).
  • Experience scaling operations in a high-growth environment (preferred).
  • Knowledge of current and emerging payment technologies (preferred).

Benefits

  • Remote work in the United States.
  • Full-time regular employment.
  • Annual salary of $100,000 to $110,000.

Interested in this position?

Apply directly on the company website

Apply Now

Similar Roles

Head of Client Operations

Pavago IT Services

Head of Client Operations at a remote U.S.-hours startup, owning post-sale client operations, cold email campaign performance, and delivery quality to drive retention and results.

Copywriting CRM
2 hours, 48 minutes ago

Director, Tax Operations

Buyers Edge Platform 251-1K IT Services

BackOffice is seeking a Director, Tax Operations to lead end-to-end sales and payroll tax service delivery for multi-unit restaurant clients across federal, state, and local jurisdictions.

3 hours, 16 minutes ago

Call Centre Manager

Reef / Hire with Reef 11-50 Design Services

Call Centre Manager at a remote vehicle and automotive-focused company, responsible for leading customer care operations and end-to-end insurance claims handling to improve service quality, accuracy, and speed.

3 hours, 54 minutes ago

Manager, Supply Strategy & Operations

Burq 11-50 Air Freight & Logistics

Burq is hiring a Supply Strategy & Operations Manager to lead its supply-side delivery network, managing DSP partnerships and operations to improve coverage, economics, and delivery performance.

SQL Tableau
4 hours, 9 minutes ago

You're on a roll! Sign up now to keep applying.

Sign Up

Already have an account? Log in

Used by 14,729+ remote workers