VP, Merchant Payments Operations Manager

About Esquire Bank

Esquire Financial Holdings, Inc. is a financial holding company headquartered in Jericho, New York, with

one branch office in Jericho, New York and an administrative office in Boca Raton, Florida. Its wholly owned subsidiary, Esquire Bank, National Association, is a full-service commercial bank dedicated to serving the financial needs of the litigation industry and small businesses nationally, as well as commercial and retail clients in the New York metropolitan area. The Bank offers tailored financial and payment processing solutions to the litigation community and their clients as well as dynamic and flexible payment processing solutions to small business owners. For more information, visit www.esquirebank.com.

While the financial services industry has faced many unique challenges in 2023, Esquire's steadfast focus

of building long-term stakeholder value has made us one of the top performing financial institutions in the

country over the past several years, including 2023. While some companies lose their clarity and purpose

in the pursuit of short-term growth and earnings, our strategic path has remained very clear. We have

always believed that a strong and fortified balance sheet (excess capital, solid credit quality, strong liquidity,

and thoughtful interest rate risk management) anchored by outstanding client relationships will consistently

generate long term (safe and sound) growth, industry leading performance metrics, and continued success

into the future. Our consistent investment in resources clearly demonstrate the untapped potential growth

in both the litigation and payment verticals nationally, ensures that we remain focused on strong risk

management, and that we remain steadfast in our pursuit of "excellence in client service."

About our Payments Business

We provide payment processing as an acquiring bank primarily through the third-party or ISO business

model in which we process and clear credit and debit card transactions on behalf of merchants. This model

is designed to mitigate the risks associated with merchant losses resulting from chargebacks, fraud, non compliance issues or even ISO or merchant insolvency. In an ISO model, the bank and the ISO jointly enter

into the merchant agreement with each merchant. To date, Esquire Bank has not incurred any losses from

its payment processing activities.

We entered into the payment processing business as an acquiring bank in 2012 in an effort to increase our

noninterest income revenue and to provide cross selling opportunities for other business banking products

and services. For the year ended December 31, 2023, payment processing revenues were approximately

22.3 million, which was 20.0% of our total revenue. At December 31, 2023, we had 27 active ISOs,

servicing approximately 84,000 merchants, and for the year ended December 31, 2023, we processed $33.0

billion in card volume.

The payment processing (merchant acquiring) market has also been and will continue to be a significant

growth opportunity for our Company, as we offer focused and tailored products and services to small

businesses nationally. The payment industry grew 8.7% from 2019 to 2022 with payment volumes or TAM

of $10.3 trillion according to company records on U.S. payment industry trends. Couple this with the fact

that there are less than 100 acquiring financial institutions in the U.S., this vertical represents a significant

growth opportunity for our Company.

About the Role of Vice President - Merchant Payments Operations Manager

As Esquire management continues buildout our merchant services platform, we understand the value in

hiring strong candidates in the accounting and operations functions ensuring we have appropriate internal

controls as well as challenge and enhance our current processes. Esquire is a smaller banking institution

and dynamic environment where the successful candidate will be exposed to all elements of the bank

allowing for a great opportunity to expand his or her professional skill set.

Payment Processor Utilities Supported by our platform : Global Payments (i.e. TSYS), FiSERV (i.e. First Data), Repay (i.e. Trisource)

Key Responsibilities :

• Key Independent Sales Organization (ISO) client treasury management contact who is also a key

interface with processors & card brands

relationships

implementation of new products / businesses

management and information technology initiative

Accounting, Merchant Sales and Underwriting, Merchant Risk, Retail Branch)

recognition and related balance sheet movements for the business

and quarterly basis as well as present the results to senior management

Qualifications :

Korn Ferry shall provide equal employment opportunity to all qualified candidates, and will refer candidates without regard to race, color, religion, national origin, sex, age, disability, veteran status or any other legally protected basis.

Salary : $10