Payments Optimization Lead
KEV Group
Date: 6 hours ago
City: Toronto, Ontario
Contract type: Full time
About KEV:
KEV Group is an enterprise SaaS company that provides an all-in-one activity fund management solution for K-12 schools. By seamlessly integrating and automating all fee management processes, our SchoolCash platform provides real-time visibility and control over how districts and schools create, collect, manage, track, and reconcile these funds. Parents benefit from an easy-to-use solution that offers convenience and supports all payment types. More than 26,000 schools across North America rely on our solutions to manage over $4 billion in activity funds annually.
The company is headquartered in Toronto with offices in Cambridge, ON and across the U.S., KEV is a portfolio company of Five Arrows. With over €10 billion of assets under management (AUM), the corporate private equity business of Five Arrows invests in companies with highly defensible market positions, strong management teams, and growth-based business models.
Why Join KEV?
We are seeking a strategic and results-driven payments lead to optimize and enhance our payments strategy, increasing our revenue by effectively managing cost, payment risk, and compliance. This role is instrumental in refining our payment methods, migrating schools and districts to our preferred payment providers, and negotiating and managing our contracts and vendors to reduce expenses.
You will collaborate closely with the Payment Product Team to deploy impactful solutions, refine our approach, and ensure adherence to compliance standards. This position will lead the Payments Optimization function to support the ongoing transformation of our payment processes.
Responsibilities:
KEV Group is pleased to accommodate individual needs in accordance with the Accessibility of Ontarians with Disabilities Act, 2005 (AODA), within our recruitment process. If you require accommodation at any time throughout the recruitment process, please speak with Human Resources or the hiring manager.
KEV Group is an equal opportunity employer who agrees not to discriminate against any employee or job applicant because of race, color, religion, national origin, sex, physical or mental disability, or age.
KEV Group is an enterprise SaaS company that provides an all-in-one activity fund management solution for K-12 schools. By seamlessly integrating and automating all fee management processes, our SchoolCash platform provides real-time visibility and control over how districts and schools create, collect, manage, track, and reconcile these funds. Parents benefit from an easy-to-use solution that offers convenience and supports all payment types. More than 26,000 schools across North America rely on our solutions to manage over $4 billion in activity funds annually.
The company is headquartered in Toronto with offices in Cambridge, ON and across the U.S., KEV is a portfolio company of Five Arrows. With over €10 billion of assets under management (AUM), the corporate private equity business of Five Arrows invests in companies with highly defensible market positions, strong management teams, and growth-based business models.
Why Join KEV?
- Work in an industry that benefits children, parents and schools
- Do meaningful and purpose-driven work, and make a real impact
- Join a quickly growing organization with real opportunity for learning and growth
- Passionate and accessible leadership team that cares about people, personally and professionally
- Hybrid work environment (3 days a week in either our North York or Cambridge office)
We are seeking a strategic and results-driven payments lead to optimize and enhance our payments strategy, increasing our revenue by effectively managing cost, payment risk, and compliance. This role is instrumental in refining our payment methods, migrating schools and districts to our preferred payment providers, and negotiating and managing our contracts and vendors to reduce expenses.
You will collaborate closely with the Payment Product Team to deploy impactful solutions, refine our approach, and ensure adherence to compliance standards. This position will lead the Payments Optimization function to support the ongoing transformation of our payment processes.
Responsibilities:
- Reduce payment costs, enhance payment revenue, and reduce payment risk
- Negotiate and manage contracts, regularly review partner agreements, and explore new provider options
- Review and recommend changes to align with evolving regulatory requirements
- Complete migrations, roll out the PCI dashboard, and implement chargeback automation strategies
- Work closely with Product teams to shape, prioritize, and deploy solutions that improve operational efficiency and profitability
- Previous experience in product management or consulting, with a payment background in a bank or merchant setting
- Analytical mindset with a keen ability to identify and craft creative cost-saving opportunities and implement strategic payment initiatives
- Exposure to contract negotiations, compliance management, and payment processing optimization is preferred
- Ability to work cross-functionally with product teams and stakeholders to drive measurable improvements.
- Leadership skills to drive the payments optimization function and initiatives forward
- Competitive salary
- Comprehensive health and dental benefits
- Professional development opportunities
- Continuing Education
- Great colleagues and collaboration
KEV Group is pleased to accommodate individual needs in accordance with the Accessibility of Ontarians with Disabilities Act, 2005 (AODA), within our recruitment process. If you require accommodation at any time throughout the recruitment process, please speak with Human Resources or the hiring manager.
KEV Group is an equal opportunity employer who agrees not to discriminate against any employee or job applicant because of race, color, religion, national origin, sex, physical or mental disability, or age.
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