Payment Operations Coordinator, Rho
$85-95k
+ Equity
Business banking platform
Job no longer available
Business banking platform
201-500 employees
Job no longer available
$85-95k
+ Equity
201-500 employees
Company mission
To take the friction out of finances, and to prime their customers for success.
Role
Who you are
- 3+ years of experience in a similar position
- Bachelor Degree in Economics or related
- Strong analytical skills and attention to detail
- Fast learner and can adapt to a fast-paced environment
- Ability to work effectively with minimal supervision
- Self-motivated, proactive, and able to meet tight deadlines with high accuracy
- Ability to multitask, prioritize, and manage time effectively
What the job involves
- Our team is looking for a Payments Operations Coordinator to join our global Financial Operations team
- Oversee funds flow of Rho’s operations, including but not limited to processing client payments as they come due and as requested and processing of RDCs, ACHs and Wires
- Monitor client ledgers and coordinate with Credit teams to assess risk and settlement
- Ensure accuracy, timeliness, and complete documentation for support and proper approval of transactions in the payments process
- Preparation and validation of cashback reports and issuance of cashback rewards to clients
- Work together with Client Services and Sales teams to support various client needs and queries raised from time to time
- Initiate process improvements for a more efficient and effective end-to-end payments and reconciliation process
- Collaborate with Product & Engineering to optimize the payment flows process
- Help promote and support a culture of professionalism and integrity and build good working relationships with clients and colleagues
Our take
Rho was founded to address the growing need among small and medium-sized businesses for a unified solution to manage corporate spending and cash flow. Aiming to serve companies with 30 to 500 employees, Rho designed its platform to create seamless workflows across banking, corporate cards, and accounts payable.
The company introduced Rho AP, an accounts payable product, followed by a corporate card in partnership with Sterling Bank, enhancing its offering for businesses looking for efficiency in managing financial operations. With a clear focus on product strategy and growth, Rho has been expanding its team and integrating AI capabilities into its platform to stay ahead of the evolving fintech landscape.
Freddie
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 4 rounds)
Dec 2021
$75m
SERIES B
Jan 2021
$15m
SERIES A
Total funding: $97.2m
Company benefits
- Medical, dental, and vision
- Commuter benefits
- Flexible work policy
- Wellness perks
Company HQ
SoHo, New York, NY
Leadership
Everett Cook
(CEO)Studied International Economics at Vanderbilt, before working in Investment Banking at Deutsche Bank. They were a Senior Analyst at Taylor Woods and Atreaus Capital.
Alex Wheldon
(President & CPO)Founded Trebax Innovations and Kanary Limited. Served as CMO of Smarkets and CPO of Lyst.
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