Marketplace Payments Manager

Year    MH, IN, India

Job Description

Job Title:

Marketplace Payments Manager

Location:

Bandra, Mumbai (On-site)

Salary:

?60,000 per month

Type:

Full-Time

About Us


We are a fast-growing digital commerce platform transforming how creators, entrepreneurs, and businesses connect, sell, and scale. With a rapidly expanding marketplace ecosystem, we are committed to delivering seamless experiences for both buyers and sellers. Payments are at the core of our operations, ensuring smooth and secure financial flows across all touchpoints.

Position Overview



We are seeking a highly detail-oriented and analytical

Marketplace Payments Manager

to manage and optimize payment operations across our platform. In this role, you will be responsible for end-to-end payment workflows, seller and vendor pay-outs, financial reconciliations, and ensuring regulatory compliance. You will collaborate closely with finance, compliance, product, and engineering teams to support seamless payment execution and continuous process improvement.

Key Responsibilities



1. Payment Operations Management



Handle daily, weekly, and monthly payment cycles, including buyer transactions, seller pay-outs, refunds, and chargebacks. Oversee all marketplace payment activities ensuring timeliness and accuracy.

2. Vendor Payment Execution



Manage vendor/seller disbursements through platforms like Stripe Connect, PayPal Pay-outs, and direct bank transfers. Ensure seamless settlement processes and payment tracking.

3. Reconciliation and Financial Reporting



Conduct full-cycle reconciliations between platform data, bank statements, and payment gateways. Generate and deliver regular financial reports for internal and external stakeholders.

4. Payment Gateway Oversight



Work with product and engineering teams to integrate and maintain payment gateways. Monitor system uptime, transaction success rates, and troubleshoot payment failures.

5. Fraud Detection and Risk Compliance



Monitor transactions for suspicious activity or anomalies. Coordinate with risk and compliance teams to maintain KYC/AML protocols.

6. Process Optimization and Automation



Evaluate and improve payment processes for speed, accuracy, and scalability. Implement tools and strategies to streamline workflows.

7. Stakeholder Support and Escalation Handling



Act as the primary contact for resolving payment-related issues across customer support, vendors, and internal departments.

Required Skills and Qualifications



Minimum 3 years of experience in payment operations, fintech, marketplace finance, or ecommerce. In-depth knowledge of payment systems, payment gateways, and pay-out mechanisms (ACH, wire transfers, digital wallets, etc.). Strong understanding of reconciliation processes and financial reporting standards. Hands-on experience with platforms like Stripe, Adyen, PayPal, or equivalent. Proficient in Excel or Google Sheets (SQL knowledge is a plus). High attention to detail with the ability to manage large data sets and multiple priorities. Strong written and verbal communication skills. Awareness of financial regulations, including PCI compliance, KYC, and AML standards.

Preferred Qualifications (Nice to Have)



Experience scaling payment operations in a start-up or high-growth environment. Exposure to international payment processing, multi-currency transactions, or tax handling. Familiarity with finance tools such as NetSuite, QuickBooks, or integrated payment dashboards.

Why Work With Us?



Be part of a rapidly growing and innovative marketplace company. Play a key role in shaping and scaling core payment infrastructure. Collaborate with high-performing teams across product, tech, and operations. Competitive compensation, career growth opportunities, and a flexible work culture.

ANSWERING ALL SCREENING QUESTIONS ACCURATELY IS A MANDATORY STEP TOWARDS SELECTION FOR THIS POSITION!



Job Types: Full-time, Permanent

Pay: ?50,000.00 - ?60,000.00 per month

Schedule:

Day shift
Application Question(s):

What is your current and expected CTC? Are you comfortable with the job location of Bandra, Mumbai? How many years of experience do you have in payment operations, fintech, or marketplace/ecommerce finance roles in a start-up or high-growth environment? Do you have working knowledge of payment systems, gateways, and pay-out mechanisms (ACH, wire, card, digital wallets)? Do you have experience with reconciliation and financial reporting? Do you have hands-on familiarity with platforms like Stripe, Adyen, PayPal, or similar? Do you have strong knowledge of Excel, Google Sheets and SQL? Do you have familiarity with regulatory compliance (PCI, KYC, AML)? Do you have experience using finance tools like NetSuite, QuickBooks, or payment dashboards? Do you have prior work experience with international payments, multi-currency settlements, or tax implications?
Work Location: In person

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Job Detail

  • Job Id
    JD3944474
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    MH, IN, India
  • Education
    Not mentioned
  • Experience
    Year