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Oak HC/FT

Head of Point of Sale

Pagaya Investments

Pagaya Investments

New York, NY, USA
Posted on Thursday, June 27, 2024

About Pagaya

Shape the Future of Finance

Pagaya is building a leading artificial intelligence network to help our partners grow their businesses and better serve their customers.


Pagaya is a global technology company making life-changing financial products and services available to more people nationwide, as it reshapes the financial services ecosystem. By using machine learning, a vast data network and a sophisticated AI-driven approach, Pagaya provides comprehensive consumer credit and residential real estate solutions for its partners, their customers, and investors. Its proprietary API and capital solutions integrate into its network of partners to deliver seamless user experiences and greater access to the mainstream economy. Pagaya has offices in New York and Tel Aviv. For more information, visit pagaya.com.

Let's create better outcomes together!

About the Role:

We are looking for a Head of Point of Sale to lead our Point Of Sale Product & Partnerships function. This is an exciting role to partner with the best lenders and enterprise level organizations to build strategic partnerships across our Point of Sale asset class. In addition to POS, there is a great opportunity to make an impact across other asset classes as well.

Responsibilities

  • Senior Director of POS in the partner-product team is responsible for managing and growing the product feature set with existing and future POS partners. They will be responsible for developing, deploying, and managing partnerships which enrich our products and strengthen our go-to-market motions to ensure all partners have the best possible experience when selecting Pagaya.
  • They will be responsible for the growth of our overall strategic relationships with POS partners. As we expand our partners in 2024, managing and growing their product landscape will naturally fall under your leadership.
  • Through your efforts, you will elevate and reinforce Pagaya’s status as a top-tier partner and maintain strategic relationships with senior product and business leaders at the various POS partners. You will help them understand and deploy the Pagaya value proposition and the journeys which will benefit their customers. This nurturing will unlock opportunities for Pagaya to continue differentiation in the market and set the pace for innovation, which in the end benefits customers.
  • You will collaborate internally with key technology, risk, and commercial leaders to support product growth through effective partner planning. Your partner plans would include joint roadmaps, defined strategic initiatives, product explorations, and more. You are comfortable working as part of a global team, encouraging effective collaboration, and engaging with executives at all levels both internally and within the Pagaya ecosystem.
  • The candidate will be responsible for the following:
    • Define a strategy & approach for Product Partnerships to support our objectives and the needs of our merchants.
    • Own the performance of POS channel, including strategic thought leadership, with direct oversight of execution and partner management for partners.
    • Actively collaborate with the Commercial Organization, Product, and Pillar leaders to continually refine a bold vision for the future and what’s necessary to get there.
    • Align your team’s focus on strategy and highest impact opportunities, including setting and delivering on solution-level goals.
    • Make forward-thinking business decisions which support the broader product and commercial teams.
    • Create an inspiring and collaborative team environment with an open communication/feedback culture.

Requirements

  • 15+ years of partnerships and product experience, including managing teams, building executive level enterprise relationships.
  • Experience in Banking, Payments, or Capital Markets and specifically responsible for managing Tier 1 partners with a proven experience in growing their business.
  • API-driven product/platform partnership experience
  • Solid understanding of financial modeling and ability to run appropriate sensitivities in client-provided models.
  • Strong negotiating skills, and an ability to exercise good judgment which balances meeting appropriate requirements of clients and investors.
  • Strong MS Excel, PowerPoint, and database skills with Salesforce experience a plus
  • Strong business writing skills
  • Strong understanding / prior experience with POS ecosystem
  • Ability to work as part of a team.
  • Strong drive and desire to take on responsibility.
  • Likes and prioritizes working with a genuine interest in product and partnerships.
  • Demonstrated ability to manage multiple priorities, seek necessary information for informed decision-making, and efficiently allocate time.
  • Passionate about contributing to Pagaya's mission of creating a more efficient and equitable financial landscape.
  • Collaborative team player comfortable supporting colleagues and effectively working with a globally distributed team.
  • Proficient in cross-functional collaboration, capable of leading and executing projects across various levels and teams.
  • Bachelor's degree required or equivalent relevant experience.

The pay ranges for New York-based hires are commensurate with candidate experience.

Pay ranges for candidates working in locations other than New York may differ based on the cost of labor in that location.

Compensation Range for New York Based Hires
$220,000$260,000 USD

Our Team

Pagaya was founded in 2016 by seasoned research, finance, and technology entrepreneurs with our head quarters located in NYC and Tel Aviv.

We move fast and smart, identifying new opportunities and building end-to-end solutions from AI models and unique data sources. Every Pagaya team member is solving new and exciting challenges every day in a culture based on partnership, collaboration, and community.

Join a team of builders who are working every day to enable better outcomes for our partners and their customers.

Our Values

  • Continuously Learn- We challenge ourselves for the sake of getting better as individuals, as teams, and as an organization to deliver for our partners.
  • Debate and Commit- We respectfully and openly debate to strengthen our ideas and build shared conviction - once we decide, we go all in, together.
  • Dream Big and Act- We boldly tackle complex problems, pressure-test solutions in real-time, and adapt with speed and energy.
  • Advance Inclusion- We create a world where everyone can win, designing systems that better represent people and generate sustainable value for our employees, partners and investors.
  • Be Accountable Together- We proudly own our actions and our results, taking initiative to ensure our work gets over the finish line as a team.

More than just a job

We believe health, happiness, and productivity go hand-in-hand. That's why we're continually looking to enhance the ways we support you with benefits programs and perks that allow every Pagayan to do the best work of their life.