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- Tasks: Lead payment product strategy and manage a team to optimise payment processes.
- Company: Join Teya, a dynamic payment service provider empowering small businesses across Europe.
- Benefits: Enjoy flexible hours, health support, generous leave, and a vibrant office culture.
- Why this job: Make a real impact in a supportive environment dedicated to helping local businesses thrive.
- Qualifications: 8+ years in payments with strong leadership and compliance experience required.
- Other info: Teya values diversity and offers an inclusive workplace for all.
The predicted salary is between 43200 - 72000 ÂŁ per year.
Hello! We're Teya.
Teya is a payment and software service provider, headquartered in London serving small, local businesses across Europe. Founded in 2019, we build easy to use, integrated tools that enable our members to accept payments and boost business performance.
Hello! We're Teya.
Teya is a payment and software service provider, headquartered in London serving small, local businesses across Europe. Founded in 2019, we build easy to use, integrated tools that enable our members to accept payments and boost business performance. At Teya we believe small, local businesses are the lifeblood of our communities.
We’re here because we don’t believe there’s a level playing field that gives small businesses with a fighting chance against the giants of the high street. We’re here because we see banks and legacy service providers making things harder for them. We don’t think the best technology or the best service should be reserved for those with the biggest headquarters. We’re here to fight for a future where small, local businesses can thrive, and to commit the same dedication they offer all of us. Become a part of our story.
We’re looking for exceptional talent to join our mission. We offer a chance to create impact in a high-energy and connected culture, while benefiting from continuous learning opportunities, a supportive community which is proud to serve our mission, and comprehensive benefits. Your Mission
As the Product Director for Payments at Teya, you will take the lead in shaping and executing our payment product strategy. You’ll drive the development of our acquiring, transaction processing, and payment infrastructure, ensuring we provide seamless, cost-efficient, and compliant payment solutions across multiple markets. Working closely with cross-functional teams, including Engineering, Operations, and Risk, you’ll ensure our payment capabilities scale and meet the needs of our merchants. On a regular day as Product Director (Payments), you will:
- Payment Strategy Ownership: Lead and execute the payment product strategy, aligning with Teya’s broader business objectives and market expansion plans to ensure sustainable growth.
- Team Leadership: Manage a team of Product Managers, setting clear priorities, defining roadmaps, and driving execution to scale payment capabilities across markets.
- Payment Process Optimization: Develop and optimize payment processing, acquiring, and settlement flows to improve efficiency, reduce costs, and elevate the merchant experience.
- Partnership Management: Oversee key relationships with card networks (Visa, Mastercard), payment processors, and banking partners to ensure seamless operations and cost-effective solutions.
- Compliance and Risk Management: Collaborate with Risk and Compliance teams to ensure adherence to industry regulations (e.g., PSD2, PCI-DSS) while balancing operational efficiency and merchant satisfaction.
- Cost Optimization: Lead initiatives to reduce operational costs, optimize fee structures, and streamline reconciliation processes, driving profitability without compromising service quality.
- Payment Method Expansion: Work on expanding and enhancing payment methods (A2A, Open Banking, digital wallets) to increase adoption and drive transaction volume growth.
Your Story
- 8+ years of experience in the payments, acquiring, or transaction processing fields, with a strong understanding of the payments ecosystem.
- Proven experience in leading product teams within the payments space, driving product roadmaps, and executing complex projects.
- In-depth knowledge of card acquiring, payment processing, settlement, and reconciliation, with the ability to balance merchant needs and business objectives.
- Experience navigating and ensuring compliance with relevant regulations (e.g., FCA, PSD2, PCI-DSS) in a payments environment.
- Strong negotiation skills with experience managing relationships with card schemes, acquirers, payment processors, and financial partners.
- A data-driven mindset with expertise in cost optimization, payment economics, and maximizing the profitability of payment systems.
- A hands-on leader who thrives in a fast-paced, high-growth environment, with excellent communication skills to align stakeholders and drive successful execution.
The Perks
- We trust you, so we offer flexible working hours, as long it suits both you and your team
- Physical and mental health support through our partnership with GymPass giving free access to over 1,500 gyms in the UK, 1-1 therapy, meditation sessions, digital fitness and nutrition apps
- Our company offers extended and improved maternity and paternity leave choices, giving employees more flexibility and support
- Cycle-to-Work Scheme
- Health and Life Insurance
- Pension Scheme
- 25 days of Annual Leave (+ Bank Holidays)
- Office snacks every day
- Friendly, comfortable and informal office environment in Central London
Teya is proud to be an equal opportunity employer.
We are committed to creating an inclusive environment where everyone regardless of race, ethnicity, gender identity or expression, sexual orientation, age, disability, religion, or background can thrive and do their best work. We believe that a diverse team leads to better ideas, stronger outcomes, and a more supportive workplace for all. If you require any reasonable adjustments at any stage of the recruitment process whether for interviews, assessments, or other parts of the application—we encourage you to let us know. We are committed to ensuring that every candidate has a fair and accessible experience with us.
Seniority level
-
Seniority level
Director
Employment type
-
Employment type
Full-time
Job function
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Job function
Product Management and Marketing
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Product Director (Payments) (London) employer: Teya
Contact Detail:
Teya Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Director (Payments) (London)
✨Tip Number 1
Familiarise yourself with Teya's mission and values. Understanding their commitment to supporting small businesses will help you align your experience and vision with theirs during discussions.
✨Tip Number 2
Network with professionals in the payments industry, especially those who have experience with card networks and payment processors. This can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Stay updated on the latest trends and regulations in the payments sector, such as PSD2 and PCI-DSS compliance. Being knowledgeable about these topics will demonstrate your expertise and readiness for the role.
✨Tip Number 4
Prepare to discuss specific examples of how you've optimised payment processes or led product teams in the past. Concrete achievements will showcase your capability to drive Teya's payment strategy effectively.
We think you need these skills to ace Product Director (Payments) (London)
Some tips for your application 🫡
Understand Teya's Mission: Before applying, take some time to understand Teya's mission and values. Highlight how your experience aligns with their commitment to supporting small, local businesses in your application.
Tailor Your CV: Make sure your CV reflects your 8+ years of experience in payments and product management. Emphasise relevant achievements, particularly those that demonstrate your ability to lead teams and drive product strategy.
Craft a Compelling Cover Letter: In your cover letter, discuss specific examples of how you've optimised payment processes or managed partnerships in the past. Show your passion for the payments ecosystem and how you can contribute to Teya's growth.
Showcase Compliance Knowledge: Since compliance is crucial in this role, mention your experience with regulations like PSD2 and PCI-DSS. Provide examples of how you've navigated these in previous roles to ensure operational efficiency and merchant satisfaction.
How to prepare for a job interview at Teya
✨Understand Teya's Mission
Before the interview, make sure you grasp Teya's commitment to supporting small, local businesses. Familiarise yourself with their values and how they aim to level the playing field against larger competitors. This will help you align your answers with their mission.
✨Showcase Your Payment Expertise
Be prepared to discuss your experience in payments, acquiring, and transaction processing. Highlight specific projects where you've led product teams or optimised payment processes, as this will demonstrate your capability to fulfil the role effectively.
✨Prepare for Compliance Questions
Given the importance of compliance in the payments industry, brush up on relevant regulations like PSD2 and PCI-DSS. Be ready to discuss how you've navigated these in past roles and how you would ensure adherence at Teya.
✨Demonstrate Leadership Skills
As a Product Director, you'll be managing a team. Prepare examples that showcase your leadership style, how you set priorities, and how you drive execution. Discuss how you foster collaboration across cross-functional teams to achieve common goals.
