Retail Payments Manager
Company: Aldi
Location: Naperville
Posted on: September 2, 2024
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Job Description:
The National Projects team allows you to make decisions that
will make an impact at one of the nation's top grocers. We are a
group of strong analytical thinkers, each with a dash of our own
unique creative vision. We are always on the lookout for those
improvements that will keep ALDI moving forward. Projects range in
scope from internal policy improvements to impacting the way our
customer's shop. On our team your work will make a difference. Find
your fit in one of our National Projects roles.Are you a seasoned
individual in the payment industry? We are seeking a dynamic and
strategic Manager of Retail Payments to lead strategic
relationships, oversee large-scale projects, and drive team
performance in our fast-paced environment. Your expertise in the
payments processing industry, including settlement, interchange,
chargebacks, card association rules/regulations, and industry
trends, will be invaluable as you collaborate with cross-functional
teams to optimize service processes. If you are ready to take on a
leadership role and make a significant impact in the world of
retail payments, we want to hear from you! Join us in shaping the
future of payments at our innovative and growing company. Apply now
to elevate your career to new heights!
Position Type: Full-TimeStarting Salary: $160,000Salary Increases:
Year 2 - $170,000 - Year 3 - $180,000Work Location: Naperville,
ILThis role is eligible to participate in ALDI's Hybrid Work
Program, which allows remote work up to 3 days per week -(i.e.,
work remotely up to 3 days per week; work in-office at least 2 days
per week).
Duties and Responsibilities: -Must be able to perform duties with
or without reasonable accommodation.
--- Leads all contract negotiations from inception and for ongoing
renewals, with payment acquirers and network brands to help defend
merchant economics for services and products provided by third
party payment system suppliers. ---- Implements the roll out of
large-scale projects related to retail payment activities.---
Ensures the training, development, and performance of their team's
staff to retain a motivated, professional workforce that achieves
their career objectives.--- Recruits and recommends qualified
employees for their team's staff positions.--- Establishes,
communicates and evaluates job responsibilities and performance
expectations to their team to ensure mutual understanding of
desired results.--- Understands the overarching company strategy
while communicating and modeling the core values of the
organization to create a sense of teamwork and membership among
employees.--- Provides extensive knowledge of payments processing
industry including authorization, settlement, funding, chargebacks,
interchange, card association rules/regulations, EMV, tokenization,
encryption, PCI DSS, digital ecommerce payments, fraud, and current
industry trends/challenges. ---- Partners with cross-functional
teams and leadership to identify and implement service process
improvements related to disputes, chargebacks, settlement.--- -
Establishes and maintains national relationships with card brands,
processing companies, and governmental payment programs.---
Consults with leadership on the development of their team's
strategy.--- Advises leadership to source external vendors for
applicable services when appropriate.--- Liaises with applicable
areas of the business to ensure timely and efficient communication
flow.--- Consults with the business to effectively design and
streamline applicable processes within the organization.--- Keeps
up-to-date on external best practices and relevant changes to their
field/area; communicates updates to leadership.--- Ensures retail
payment processes comply with legal and regulatory requirements for
all relevant jurisdictions. ---- Reviews financial statements.---
Evaluates vendor performance against negotiated service level
agreements and periodically assesses utilization of alternative
vendors.--- Oversees preparation of monthly reporting and invoicing
for various third-party vendors and clients.--- Ensures
documentation is maintained to support internal reporting and audit
requirements.--- Provides thought leadership and direction to the
US business regarding all forms of cashless payments for both in
store and ecommerce sales.--- Drives initiatives to reduce the
overall money transfer expense.--- Manages their team by driving
projects and tasks to completion through effective prioritization,
work planning, resource allocation, and cross-functional
collaboration.--- Identifies cost-saving opportunities and
potential process improvements.--- Serves as the primary link
between their team's staff and leadership to ensure understanding
of company goals, objectives, and opportunities for improvement.---
Complies with ALDI privacy and security requirements and policies
if job responsibilities include possible access to confidential
and/or sensitive information.--- Other duties as assigned.
Job-specific Competencies: -Knowledge/Skills/Abilities
--- Consistently demonstrates the ALDI Acts Competencies as
outlined for the role.--- Ability to recommend, interpret, and/or
apply company policies and procedures. ---- Gives attention to
detail and follows instruction. ---- Ability to develop rapport,
trust, and open communication that enhances the growth and job
performance of direct reports. ---- Understands the history,
strategy, organizational authority, interdependence of job duties,
products, systems, and services of the company. ---- Conflict
management skills. ---- Knowledge of financial analysis strategies
and how to effectively apply them in decision-making.--- Knowledge
of the process for recording, classifying and summarizing financial
transactions in accordance with company, statutory, tax, cost and
reporting requirements. ---- Thinks critically and analytically.
---- Ability to thrive in a fast-paced work environment,
consistently meeting deadlines and remaining calm under pressure.
---- Analyzes and resolves complex issues.--- Ability to compare
financial performance with projections and facilitate corrective
actions when results differ significantly from plan. -
Education and Experience:
--- Bachelor's Degree in Accounting, Finance, or a related field
required.--- A minimum of 5 years of progressive experience in
Accounting, Finance, or related field, and retail operations
required.--- Or, a combination of education and experience
providing equivalent knowledge. -
Physical Requirements:
--- Work may be performed in an office, remote office or a
combination of both where a computer and other office equipment may
be used as needed to perform duties.--- Regularly required to sit,
reach, grasp, stand and move from one area to another.---
Constantly and repeatedly use keyboard/mouse.--- Occasionally
required to push, pull, bend, lift and move up to 25 lbs. -
Travel:
--- Domestic travel required.--- Up to 10%.
-ALDI offers competitive wages and benefits, including:
Keywords: Aldi, Naperville , Retail Payments Manager, Hospitality & Tourism , Naperville, Illinois
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