What are the responsibilities and job description for the Vice President - Payment Networks Partnerships position at Credit One Bank?
Description
Position Summary
Credit One Bank is seeking a Vice President, Partnership Management to lead and develop our strategic payment networks with primary responsibility for managing three (3) credit card network partners. This includes building and maintaining relationships while driving new opportunities for growth and profit based on collaborative cooperation with internal stakeholders. This role will handle contract negotiations and ensure the successful execution of key initiatives. The position is highly visible across Credit One Bank and involves frequent interactions with executive leaders and external partners.
The ideal candidate will be an experienced financial service professional with experience in payment networks, credit cards, and a good understanding of the payments ecosystem, trends, economics, and value chain.
Summary of Essential Job Functions :
- Responsible for the strategy, relationships, and overall execution required to manage key relationships with payment networks
- Subject matter expert and thought leader on network partners' strengths and weaknesses to guide decisions with executives and business units
- Strategize with internal stakeholders including Product, Marketing, and Risk teams to ensure optimal network revenue and support growth initiatives
- Be the bridge between external partners and internal stakeholders to drive the successful execution of strategic initiatives and projects
- Liaises and educates internally on relevant strategies in the payment space, watches for trends, and is seen as a go-to resource for other internal partners
- Understands the relevant market trends, regulations, and competitor activity, and be able to identify the "so what" for the partner
- Leads contracting and negotiating while working with business owners, senior management, and legal on deal terms
- Leads partner management responsibilities including formal reviews, holding networks accountable for performance metrics, service level agreements, and governance to ensure all contractual obligations are met
- Responsible for preparing and presenting performance results including quarterly reviews to management and partners
Position Requirements & Key Skills :
Credit One Bank, N.A. is a data-driven financial services company based in Las Vegas. Founded in 1984, Credit One Bank offers a spectrum of credit card products for people in all stages of financial life. Credit One Bank is an equal opportunity employer committed to diversity and inclusion and does not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation, or national origin. Reasonable accommodations can be made for those who require them, including access to job applications and workplace accommodations. Employment at Credit One Bank is based on mutual consent (also known as at-will). This means that employees and the Bank may terminate the employment relationship at any time, with or without cause and with or without notice. Please contact the recruiter for this position to learn more. Credit One Bank does not accept unsolicited resumes from agencies and is not responsible for related fees.
