Head of Banking Ops — Payments & Reconciliation (Luxembourg)

Satispay; Paris; On-site; EUR 180,000 - 270,000; Full time

Benefits offered by this job

Health insurance

Equity participation

Flexible working hours

Hybrid work policy

Job summary

Satispay is seeking a Head of Banking Operations to ensure safe movement, settlement, and reconciliation of customer funds at scale. You’ll own SEPA, TARGET, card rails, FX where needed, and drive automation to handle higher volumes.

You will lead and mentor a high-performing team, collaborate with partners and regulators, and build the operations function to support rapid growth in a product-driven environment. French relocation to Luxembourg required, English fluency essential.

Qualifications

• European payment infrastructure expertise across SEPA rulebooks, card schemes, processing, SWIFT/TARGET.
• Hands-on with securities, custody, or fund operations.
• Leadership experience running ops in a licensed financial institution.
• Financial rigor: ownership of reconciliation and reducing breaks and losses.
• Proven ability to hire, structure, and grow an operations team.
• Track record of taking ops through a volume step change via automation and process.
• Credibility with correspondent banks, schemes, and regulators.
• Comfort in a fast-growing, product-driven company; data-driven decisions.
• Based in Luxembourg or willing to relocate.
• Fluent English; Italian a plus.

Responsibilities

• Own SEPA, TARGET, domestic schemes, securities and fund rails; ensure compliance with rules.
• Reconcile client money daily, identify root causes and aging of unreconciled amounts.
• Lead automation and process improvements to scale without headcount growth.
• Prepare new products with proper accounts, rails and controls from day one.
• Manage banks, processors and partners with a trained backup for critical ones.
• Hire, structure and develop the Banking Operations team.

Skills

SEPA & TARGET

Securities & fund ops

Operations leadership

Financial rigor

Team builder

Scaler

Credibility with banks

Fast-paced environment fit

Luxembourg relocation

English language

Job description

Satispay is seeking a Head of Banking Operations to ensure safe movement, settlement, and reconciliation of customer funds at scale. You’ll own SEPA, TARGET, card rails, FX where needed, and drive automation to handle higher volumes.

You will lead and mentor a high-performing team, collaborate with partners and regulators, and build the operations function to support rapid growth in a product-driven environment. French relocation to Luxembourg required, English fluency essential.