Product Director – Cross-Border Payments and FX Treasury Who are we:
At Verto, we’re passionate about helping businesses in Africa reach the world. What first started life as a FX solution for trading Nigerian Naira has now become a market-leading platform, changing the way thousands of businesses transfer money in and out of Africa.
We believe that where you do business shouldn’t determine how successful you are, or your ability to scale. Millions of companies a day have to juggle long settlement periods, high transaction fees and issues accessing liquidity in order to trade with African businesses. We’re on a mission to change this by creating equal access to easy payment and liquidity solutions that are already a given in developed markets.
We’re not alone in realising the opportunity and need to solve for emerging markets. We’re backed by world-class investors including Y-Combinator, Quona and MEVP, power payments for some of the most disruptive start-ups in the world and have a list of accolades from leading publications including being voted ‘Fintech Start Up of the Year’ at Fintech Awards London 2022. Each year we process billions of dollars of payments and provide companies with solutions which help them to save money, automate processes and grow, but we’re only just getting started.
Verto is a pioneering fintech firm that specialises in providing innovative payment solutions to facilitate secure, seamless, and efficient cross-border transactions. Operating in various emerging markets, we aim to optimise FX treasury management and payment orchestration for small-medium businesses and enterprises alike.
We are seeking an experienced Product Director (reporting to the CPO) with expertise in cross-border payments, emerging markets, and FX treasury management to steer the strategic development and enhancement of our payment solutions. The successful candidate will exhibit a comprehensive understanding of payment ecosystems, currency management, and regulatory frameworks in international contexts, along with a proven track record of team leadership and process optimisation.
- Drive the strategic planning, development, and rollout of innovative payment products that meet the unique needs of emerging markets.
- Engage in market research and analysis to identify trends, opportunities, and threats in the cross-border payments and FX space.
- Oversee the entire product lifecycle from conception to launch, ensuring alignment with customer needs and regulatory compliance.
- Lead the development of product roadmaps and ensure timely delivery of enhancements and new features.
- Monitor product performance, identify areas for improvement, and ensure continuous product optimisation.
- Lead and inspire a multifunctional team, fostering a culture of innovation, collaboration, and continuous improvement.
- Implement training and development programs to enhance team skill sets and product knowledge.
- Develop and implement efficient processes for product development and management, ensuring optimal resource utilisation.
- Oversee the management of FX treasury, ensuring financial risk mitigation and compliance with global financial regulations.
- Streamline payment orchestration to enhance transaction speed, security, and customer satisfaction.
- Collaborate with various stakeholders including technology, sales, marketing, operations and customer support to ensure cohesive product development and implementation.
- Engage with external partners, regulators, and customers to gain insights, forge partnerships, and enhance product offerings.
Compliance and Risk Management:
- Ensure that all products comply with international financial regulations and standards.
- Implement robust risk management strategies to mitigate financial and operational risks related to FX and cross-border payments.
- Master’s or Bachelor’s degree in Business, Finance, or a related field; MBA or other relevant postgraduate qualification is preferred.
- Minimum of 10 years of experience in the payments industry, with a specific focus on cross-border payments and FX treasury.
- Proven experience in product management and leading teams to deliver successful products.
- Demonstrated experience in managing products in emerging markets and understanding the associated challenges and opportunities.
- Deep knowledge of international payment systems, regulatory environments, and FX markets.
- Strong leadership and team management skills, with an ability to inspire and drive performance.
- Excellent analytical, strategic thinking, and problem-solving skills.
- Robust stakeholder management and communication skills.
What We Offer
Up to5% employer contribution towards your pension
Private Vitality Health and Dental coverage for you and your family
33 days of annual leave (including Bank Holidays)
Access to our Employee Integration programme, giving you the opportunity to travel to and work with the team in our hubs in Kenya, Nigeria, South Africa and India
Discounted gym membership
Regular company social events
A Perkbox Subscription giving you discount to 1000s of retailers
Verto is an equal opportunity employer and we encourage applications from candidates of all backgrounds and experiences.
Verto is a global financial technology firm that enables businesses of all sizes to access enterprise grade cross-border payments, FX and banking solutions via our advanced platform or API. Businesses can accept payments and send payouts globally in one single platform. Verto seamlessly connects any business, anywhere.
Verto has continued to serve thousands of businesses globally since the launch of our MVP in Oct 2018. Each year we process billions of dollars of payments and provide companies with solutions – like payments, foreign exchange, and multi-currency accounts – while helping them save money and grow with any fuss. Through one easy to use platform, we automate and simplify your payments, access to FX including those that are less accessible, and getting paid by your customers, all while providing specialist services and support.
Founded in 2017
Product Director – Cross-Border Payments and FX Treasury