Director Head of Embedded Finance (Hybrid)

Work Arrangement: 

***This is a hybrid role, working 3 days onsite in our offices.***

For over 20 years, The Bancorp has been providing nonbank companies with the people, processes, and banking technology to meet their individual needs. As a result, we have become an industry-leading provider of reliable technology-forward solutions that move our partners’ businesses into the future. At The Bancorp, We Define Fintech Partnerships. The Bancorp does more than just enable our clients’ product innovations, we create lasting partnerships with a future-focused approach to technology and services. Today and every day, we work to continuously transform the payments landscape.

The Director Head of Embedded Finance is responsible for spearheading the development and execution of the embedded finance roadmap on behalf of the Fintech Solutions organization. This role will lead the design, development and ongoing management of the platforms and processes required to support the solution. This individual will collaborate with business, risk, technology, and operational stakeholders in decision-making and partner adoption processes. This role will be responsible for working with and managing external third-party resources across a variety of disciplines. An ideal candidate is someone who has demonstrated success in launching new products through a combination of effective cross-functional management and expertise in payments, operations, technology, and product development. 

Essential Functions

1. Leads the design and development of a scalable embedded finance solution. 
2. Outlines a technology plan for the required support architecture.
3. Identifies third party service providers and determines requirements for integration and ongoing maintenance/support.
4. Develops a framework for ongoing operational support and platform development.
5. Actively engages and collaborates with senior product, business, risk, legal and operations personnel on key decisions and execution.
6. Provides regular updates and status reports to executive leadership based on market insights and industry research.
7. Collaborates with business development by participating in pre-sale conversations and ongoing engagement with partners as the pipeline develops.
8. Manages a dedicated team of individuals focused on the continual build and ongoing support of the solution. 

Manager Responsibilities

• Managers team of people by overseeing day-to-day operations.
• Sets high performance standards and manages team performance in accordance with HR policies and procedures.
• Creates a flexible and energized work environment, fostering an atmosphere that enables employee trust and engagement.
• Inspires confidence and motivates others to perform at their best.
• Develops staff while effectively addressing performance issues.

Education/Experience Requirements

• An undergraduate degree in Business, Technology or related field or an equivalent combination of training and experience.
• 15+ years of experience in financial services products.
• 10+ years of experience in leading platform/product development roadmap.
• 5+ years of management experience leading direct reports and cross functional teams.
• Understanding of modern API platforms and development lifecycles.
• Familiar with project management disciplines used to deploy products such as Agile, Scrum, Waterfall etc. 
• Experienced in managing service providers and payment networks. 

Preferred Requirements

• Proficient in product delivery with an understanding of operational support frameworks.
• Direct experience in vendor selection and negotiation process.
• Understanding of technology stack development.
• Excellent communication skills adept at delivering information to audiences of all levels.
• Working knowledge of a bank’s risk management framework including the role and activity of critical stakeholders involved in the process.
• Demonstrated success in managing product and operational support teams to deliver valuable outcomes.

This job will be open and accepting applications for a minimum of five days from the date it was posted.

Working at The Bancorp Bank, N.A. and Benefits Information: click here

Diversity & Inclusion at The Bancorp Bank: click here

The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender, identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.

Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.

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