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Officer / Executive - Payout Partnerships

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Job Description - Officer / Executive - Payout Partnerships


About Us:

ACE Money Transfer is a UK-based multinational company headquartered in Manchester, United Kingdom. ACE Money Transfer provides online remittance services to individuals in 28 countries across UK, Europe, Canada, and Australia enabling them to send money across border in over 100 countries.

Unit: Payout Strategy & Partnerships

Role Overview:

The officer - Payout Strategy & Partnerships is responsible for supporting the expansion and optimization of ACE’s payout network by assisting in partner onboarding, compliance approvals, contract reviews, operational support, and business feasibility analysis. This role plays a critical part in analyzing market trends, monitoring payout corridors, and ensuring smooth communication between internal teams and external partners.
The ideal candidate will have strong analytical, communication, and relationship management skills to support ACE’s payout strategy and business objectives.

Key Responsibilities:

Partner Onboarding & Compliance Support

  • Assist in the onboarding of new payout partners, ensuring a smooth integration process.
  • Support the KYB (Know Your Business) approval process, ensuring compliance with regulatory and internal standards.
  • Conduct contract reviews, ensuring that partnership agreements align with ACE’s business and operational goals.
  • Assist in the API integration process, coordinating with technical teams to ensure seamless connectivity with payout partners.

Strategic & Business Analysis

  • Conduct Comparative Analysis to assess competitor trends and industry benchmarks.
  • Perform Product Gap Analysis to identify areas of improvement in ACE’s payout network.
  • Assist in preparing Business Feasibility Reports to propose:
    • New Payout Corridors based on market demand and business expansion needs.
    • New Products within existing payout arrangements to enhance service offerings.
    • New Payout Partners to strengthen ACE’s remittance network.
  • Support Corridor Health Checks, monitoring payout partner performance and transaction trends.

Partner Communication & Management

  • Handle routine communication with payout partners to address any service-related issues or feedback.
  • Act as a liaison between ACE’s internal departments (Finance, Compliance, Operations, and Product) and external payout partners.
  • Conduct regular follow-ups with partners to ensure smooth operations and resolve any ongoing concerns.
  • Assist in cost re-negotiations with existing payout partners to improve commercial terms.

Operational Support & Reporting

  • Perform various searches and data analysis to support payout strategy and decision-making.
  • Prepare analytical reports on partner performance, corridor efficiency, and industry trends.
  • Assist in corridor performance reviews to ensure payout arrangements align with business goals.
  • Generate monthly and quarterly reports on payout partner performance and service quality.

Skills & Qualifications:

  • Bachelor’s degree in Business, Finance, Economics, or a related field.
  • Strong understanding of remittance, financial partnerships, and payout networks.
  • Experience in partner onboarding, KYB, contract reviews, and operational support.
  • Excellent communication skills for handling partner relationships and internal coordination.
  • Strong analytical skills to support feasibility studies and payout corridor evaluations.
  • Ability to multitask and manage multiple partnerships simultaneously.
  • Knowledge of payout corridors, remittance compliance, and market trends is a plus.

ACE Money Transfer Profile:https://acemoneytransfer.com/company-profile
Original job Officer / Executive - Payout Partnerships posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
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