Banking Operations Specialist, Flywire
Global payments processing
Job no longer available
Global payments processing
1001+ employees
Job no longer available
1001+ employees
Company mission
To improve the payment experience for everyone.
Role
Who you are
- Bachelor's degree in Business Administration, Economics or similar
- 1-2 Years experience in a similar field within a financial services environment or administrative roll
- Strong understanding of banking systems and past experience in managing bank account infrastructure worldwide
- Analytical and problem solving skills with the ability to multitask and prioritize various projects
- Ability to work independently and drive projects to completion
- Excellent stakeholder management skills (internal and external)
- Strong organizational skills and attention to detail
- Ability to manage and coordinate complex workflow across multiple teams and communicate effectively across the business
- Proficiency in English (required) written & spoken, other languages are a plus
- Excellent written and verbal communication skills
- Working knowledge of Excel and other online tools (desired) (Google Apps, Jira, etc.)
What the job involves
- Serve as a critical member of Flywire’s global banking team in working to grow our global bank account network and strengthen relationships through participation in account oversight, cost optimization, performance management and special projects
- Manage a global banking infrastructure and improve internal clarity on the banking network by maintaining clear documentation on account functionality and changes
- Collaborate with internal and external stakeholders across various functions to drive expansion of banking objectives by leading account openings work and optimization
- Onboard new banks, bank accounts, payment methods and banking services after the contract is signed including finalizing documentation
- Partner with Legal and Compliance on corporate governance related to banking partners’ “know your customer” program management
- Assist in audit and maintenance of global account signers list and general account maintenance items
- Participate in Flywire’s global banking strategy for cost optimization by analyzing banking cost allocation and reconciliation process
- Build expertise on Flywire’s global banking platform to serve as key input for resolving operational issues, service issues and other matters that require bank engagement
Our take
Flywire is a digital platform that simplifies the paying experience for international transactions. Flywire leverages its vertical-specific software and payments technology to deeply embed within client's existing accounts-receivable workflows.
Flywire was first set up to help international students pay their tuition for American colleges, but has since grown into a global payments enablement and software company. It has processed billions of dollars in payments for clients across the world and secured approval for its major payment institution license, enabling it to operate domestic money transfer and cross-border money transfer services.
Flywire serves clients across education, healthcare, travel, and B2B, including several Ivy League schools, and top US hospital systems. The company appears to be focussed on growth, including by strategic acquisitions and entry into new markets, recently in the Asia Pacific and Australia, as well as further developing its channel partners ecosystem.
Steph
Company Specialist at Welcome to the Jungle
Insights
12% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Mar 2021
$60m
SERIES F
Feb 2020
$120m
SERIES E
Total funding: $323.2m
Company HQ
Downtown Crossing, Boston, MA
Leadership
Mike Massaro
(CEO)Mike joined Flywire as a VP of Business Development in 2012 before becoming CEO in 2013. Prior to this, he spent 6 years at Carrier IQ as a VP of Strategic Accounts & Corporate Development and Advisor.
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