Commercial Card Product Manager

World First Ltd; London; On-site; GBP 40,000 - 70,000; Full time

Job summary

World First Ltd is seeking a Card Transaction Success Rate Optimization Specialist to enhance BIN transaction success rates. You will analyze transaction data, implement strategies to optimize payment processes, and collaborate with banks to improve card product performance. This role is vital for ensuring successful transactions in emerging sectors and requires strong analytical skills and in-depth payment ecosystem knowledge.

Qualifications

• Strong experience in payment transaction analysis.
• In-depth knowledge of the payment’s ecosystem.
• Proven track record of improving success rates.

Responsibilities

• Analyse transaction data to identify patterns affecting success rates.
• Develop and implement strategies for optimizing transaction routing.
• Collaborate with banks and networks to resolve transaction failures.

Skills

Payment transaction analysis

Acceptance optimization

Analytical mindset

Problem-solving skills

Attention to detail

Job description

Introduction:

We’re WorldFirst, an international payments business helping move money around the world.We became part of Ant Group in 2019, accelerating our mission to create the world’s best platform for international trade by combining WorldFirst’s products with Ant’s solutions aimed at enabling the digitalization of the modern services industry globally.

We have a shared purpose ‘to make it easy to do business anywhere.’ Together, we are advancing our shared aim of bringing innovative, inclusive and affordable services to small and medium-sized businesses and online merchants in the rapidly growing area of cross-border trade.

Job title: Commercial Card Product

Job Description:

We are looking for a highly analytical Card Transaction Success Rate Optimization Specialist to focus on improving our BIN transaction success rates and optimizing card product performance across new industries. This position will be instrumental in identifying and implementing strategies to boost success rates in payment transactions, especially for emerging sectors.

Key Responsibilities:

• Analyse transaction data to identify patterns and issues that impact BIN transaction success rates.
• Develop and implement strategies to optimize BIN transaction routing and approval rates.
• Collaborate with acquiring banks, issuers, and card networks to resolve transaction failures and reduce decline rates.
• Work closely with the product and engineering teams to enhance the transaction processing framework for new industries.
• Monitor performance metrics and KPIs to ensure continuous improvement of transaction success rates.
• Keep abreast of industry trends and emerging technologies to apply best practices for optimizing transaction flows.
• Assist in scaling the card product solution for new industries by ensuring high transaction approval rates.

Qualifications:

• Strong experience in payment transaction analysis, with a focus on acceptance optimization.
• In-depth knowledge of the payment’s ecosystem, including acquiring, issuing, and card network processes.
• Proven track record of improving transaction success rates in the financial services industry.
• Analytical mindset with the ability to interpret complex data and identify actionable insights.
• Excellent problem-solving skills and attention to detail.
• Experience working in or with emerging industries is a plus.