The VP of Payment Operations Manager will oversee the daily operations and support the long-term strategy of payments at the Bank which could include ACH, Wires, Real-Time Payments, FedNow, and Push ...
The VP of Payment Operations Manager will oversee the daily operations and support the long-term strategy of payments at the Bank which could include ACH, Wires, Real-Time Payments, FedNow, and Push ...
The VP of Payment Operations Manager will oversee the daily operations and support the long-term strategy of payments at the Bank which could include ACH, Wires, Real-Time Payments, FedNow, and Push ...
The VP of Payment Operations Manager will oversee the daily operations and support the long-term strategy of payments at the Bank which could include ACH, Wires, Real-Time Payments, FedNow, and Push ...
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Vp Operations information
See Delaware salary details
$68.6K - $86.3K
2% of jobs
$86.3K - $104.1K
8% of jobs
$115.5K is the 25th percentile. Wages below this are outliers.
$104.1K - $121.9K
23% of jobs
$121.9K - $139.7K
16% of jobs
The median wage is $141.1K / yr.
$139.7K - $157.5K
14% of jobs
$157.5K - $175.3K
11% of jobs
$177.3K is the 75th percentile. Wages above this are outliers.
$175.3K - $193.1K
9% of jobs
$193.1K - $210.9K
7% of jobs
$210.9K - $228.7K
4% of jobs
$228.7K - $246.4K
3% of jobs
$246.4K - $264.2K
2% of jobs
$68.6K
$155.9K
$264.2K
How much do vp operations jobs pay per year?
What are the key skills and qualifications needed to thrive as a VP of Operations, and why are they important?
How does a VP of Operations typically collaborate with other departments to drive organizational success?
What does a VP of Operations do?
What is the difference between Vp Operations vs Operations Manager?
| Aspect | Vp Operations | Operations Manager |
|---|---|---|
| Credentials | Typically requires extensive experience, bachelor's degree, and sometimes an MBA | Usually requires a bachelor's degree and relevant experience |
| Work Environment | Strategic, executive-level, overseeing multiple departments or divisions | Hands-on, tactical, managing daily operations within a specific department |
| Employer & Industry Usage | Common in large corporations across various industries | Found in organizations of all sizes, often in manufacturing, retail, or service sectors |
The Vp Operations focuses on strategic leadership and long-term planning at an executive level, while the Operations Manager handles day-to-day operational activities. Both roles require strong operational knowledge, but the Vp Operations has broader responsibilities and a higher level of decision-making authority.
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Full-time
Posted 2 days ago
Job description
Work Arrangement:
***This position is available as a hybrid position in our Sioux Falls, SD or Wilmington, DE office.***
At The Bancorp, we've spent more than 25 years driving innovation in the financial services industry. As one of the first banks to embrace fintech, we combine technology, expertise and a forward-looking approach to deliver creative, real-world solutions. We work side by side with our partners to help them grow and innovate with confidence. Across Fintech Solutions, Institutional Banking, Commercial Lending and Real Estate Bridge Lending, we provide the people, processes, technology and banking capabilities that turn bold ideas into outcomes.
Join a team that brings urgency and rigor to every challenge and plays a direct role in driving growth for our clients and the communities we serve.
The VP of Payment Operations Manager will oversee the daily operations and support the long-term strategy of payments at the Bank which could include ACH, Wires, Real-Time Payments, FedNow, and Push to Card transactions. This position is responsible for ensuring processing for Clients, Originators and Processors are handled timely, efficiently, with proper redundancy, securely, and fully compliant with rules and regulations. The individual will be responsible for identifying trends in the market and working with senior leaders in the Payments organizations to ensure operational support for new payment options, new client onboarding, and sales support to enable revenue growth. Coordination, communication, and partnership across Payments, IT, VMO, and Operations teams will be a key factor to the success of the Payment Operations teams and leading the support of strategic business directives. This position will oversee staff in Wilmington, Sioux Falls, and Off-shore staff.
Key Responsibilities- Manages team of employees by overseeing day-to-day operations.
- Sets high performance standards and manages team performance in accordance with HR policies and procedures.
- Creates a flexible and energized work environment, fostering an atmosphere that enables employee trust and engagement.
- Inspires confidence and motivates employees to perform at their best level.
- Develops employees while effectively addressing performance issues.
- Undergraduate degree in a related field or an equivalent combination of training and experience.
- 12 years financial industry experience, with 7 years managing payment operations team with strict adherence to critical daily deadlines.
- Payments accreditations such as Accredited ACH professional (AAP), Electronic Transactions Association (ETA) CPP, SWIFT, Accredited Payments Risk Professional, Certified Card Payments Professional, etc.
- Position requires on-call availability until 4pmEST Sunday evening through 10pmEST Friday evening.
- Strong working knowledge of payment rules and regulations.
- Excellent accounting and reconcilement skills.
- Working knowledge of one or more of the following systems is desired: SFTP vendor, in-house file movers, ACH platform, Wires platform, cash management system, any internal automated jobs, etc.
- Excellent verbal, written, and interpersonal communication skills.
- Must be able to drive through to resolve all issues.
- Team player, able to work effectively in a team fostered, multi-tasking environment.
- Excellent analytical abilities, exceptional detail-oriented focus, with ability to be a decisive, problem solver while working under pressure to resolve problems.
- Position requires a flexible schedule, working afternoons and evenings.
This job will be open and accepting applications for a minimum of five days from the date it was posted.
Working at The Bancorp Bank, N.A. and Benefits Information:ย https://thebancorp.com/company/join-our-team/
Company Culture & Background ScreeningCompany Culture at The Bancorp Bank: https://www.thebancorp.com/company/company-culture/
The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.
Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.
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Employment Type: FULL_TIME