Head of Banking, China

Role summary

Payoneers banking network is cornerstone of the Payoneer platform and maintaining trust relations with our bank partners is critical to the continued success of Payoneer. As the Head of Banking for China youll be part of the global banking team and you will play a critical role in shaping and executing our global payment strategies. China is Payoneers largest payout market and one of the most complex one where (cross border) payments are heavily regulated and regulations itself are evolving. You will own the relation with our banks and payout partners and drive the development implementation and management of our banking and payment infrastructure ensuring it supports our growing business needs with specific payment flows and aligns with regulatory requirements. As Payoneers payment infrastructure is complex and global in nature you will have to collaborate with cross-functional teams in Payoneer and the global banking team to approach these relations in a holistic way and drive innovation and efficiency in our global payment systems.

Location

Hong Kong Shanghai Shenzhen or Guangzhou

What youll do

• Partnership Management: Cultivate and manage relationships with Chinese banks and payment partners negotiating and securing agreements that enhance our service offerings.
• Infrastructure Development: Oversee the design implementation and maintenance of robust banking and payment systems ensuring scalability security and compliance with applicable regulations.
• Regulatory Compliance: Partner with FIs and internal compliance teams to ensure that Payoneers activities on partners bank accounts comply with global regulatory standards including AML KYC and data protection requirements.
• Support Business Growth: Manage the volume portfolio across banking and to ensure better compliance and reduce the transaction cost.
• Subject matter expertise: Provide consultation to address questions related to China banking e.g. tax refund etc. Help manage the banking relationships to upgrade the tax refund solutions to enable the FX growth.
• Cross-Functional Collaboration: Work closely with Sales teams Product Engineering Legal Compliance Risk and Finance teams to deliver on the global banking strategy and address operational challenges.
• Innovation and Efficiency: Drive innovation in payment technologies and processes to improve user experience and operational efficiency.
• Risk Management: Identify and mitigate risks associated with payment infrastructure and partner relationships.

Who you are

• 10 years of experience in China banking cross border payments payment regulations and FX.
• Proven track record in managing complex Chinese bank relationships and payment infrastructure.
• Deep understanding of Chinese payment systems regulatory compliance and industry best practices.
• Strong strategic thinking and problem-solving skills.
• Excellent negotiation and relationship management abilities.
• In-depth knowledge of payment technologies and trends in China.
• Exceptional communication and interpersonal skills with the ability to influence stakeholders at all levels.
• Results-driven with a focus on delivering high-impact outcomes.
• Bilingual: Native Mandarin speaker and professional level in English

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Required Experience:

Director