Marketplace Support & Capability Development Lead, Financial Controls

Pay is based on several factors which vary based on include labor markets and in some instancesmay include education work experience and addition to your pay Target cares about and invests in you as a team member so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs which may include medical vision dental life insurance and more to help you and your family take care of your whole benefits for eligible team members include 401(k) employee discount short term disability long term disability paid sick leave paid national holidays and paid competitive benefits from financial and education to well-being and beyond at Us:

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture.Learn more about Target here.

Alongside Targets distinctive retail experience we continue to innovate and scale our digital commerce presence. Target Plusour third-party marketplaceoffers a curated product assortment from top-tier sellers and brands supporting both guest needs and enterprise growth. As the marketplace expands so does the need for financial integrity operational precision and scalable payout systems.

Join the Target Plus team as a Marketplace Support & Capability Development Lead Financial Controls where you will lead the strategy and execution of marketplace payout operations financial governance and partner financial performance standards.

The Marketplace Support & Capability Development Lead Financial Controls focuses on marketplace financial governance with responsibility for safeguarding Targets financial integrity and ensuring Marketplace Partners operate to defined financial and operational standards. This role establishes the financial quality bar across payouts partner performance and operational execution and is responsible for defining payout frameworks policies and partner financial expectations. Partners closely with Finance Accounting Legal Compliance and Product to define and enforce financial controls payout standards and regulatory compliance requirements to ensure the marketplace operates within legal and policy obligations while proactively identifying and addressing financial risk.

This role sits at the intersection of financial operations governance and partner experience with responsibility for safeguarding Targets financial integrity while ensuring marketplace partners operate to defined financial and operational standards.

You will define payout frameworks identify financial risk and drive adherence to marketplace standards through structured oversight analytics and cross-functional collaboration.

Key Responsibilities:

• Define and evolve payout models fee structures and disbursement strategies aligned to marketplace growth and partner needs

• Own end-to-end payout operations including processing workflows exception handling and partner escalations

• Serve as the business owner for relationships with payment processors banks and financial vendors

• Establish and enforce financial standards and controls to ensure compliance with tax reporting and regulatory requirements (e.g. 1099 KYB/KYC Marketplace Facilitator laws)

• Partner with Legal Finance Accounting and Compliance to implement audit-ready processes and mitigate financial risk

• Build and maintain reporting and dashboards to monitor payout accuracy issue trends and partner experience

• Analyze payment and operational data to identify gaps and drive continuous improvement

• Define partner-facing financial expectations and performance standards ensuring adherence across the marketplace

• Collaborate cross-functionally with Product Partner Services and Merchandising to influence tools policies and capabilities that support scale

Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs.

About You:

• 5 years of experience in financial operations accounting marketplace payouts or financial controls

• Strong knowledge of financial regulations and reporting requirements (e.g. tax KYB/KYC compliance frameworks)

• Experience managing payment platforms processors or financial vendor relationships

• Proven ability to lead cross-functional initiatives and influence stakeholders

• Strong analytical and problem-solving skills with experience leveraging data for decision-making

• Excellent communication skills with the ability to translate complex financial concepts into actionable insights

This position will operate as a Hybrid/Flex for Your Day work arrangement based on Targets needs. A Hybrid/Flex for Your Day work arrangement means the team members core role will need to be performed both onsite at the Target HQ MN location the role is assigned to and virtually depending upon what your role team and tasks require for that day. Work duties cannot be performed outside of the country of the primary work location unless otherwise prescribed by Target. Click here if you are curious to learn more about Minnesota.