• Location
    • Paris
  • Date Posted
  • Jan. 11, 2022
  • Function
  • Finance
  • Sector
  • Retail

About

Ankorstore is changing the way independent brands and retailers do business.

With decades of experience in retail and building marketplaces, the Ankorstore founding team knew it was time to build a global wholesale solution to swing the balance in favor of independents. In founding Ankorstore in 2019, they set the goal to create a virtuous ecosystem at the service of independent shops and brands.

Job description

At Ankorstore, we believe that local independent retailers have a great impact on the soul of our cities and villages, and we believe that they will flourish even more if they are provided with great tools and exceptional shopping conditions. With this in mind, we are building the largest marketplace that connects authentic European brands with thousands of independent retailers. We are extremely proud to be able to support these amazing entrepreneurs every day.

Ankorstore was founded in 2019 and has recently closed a €250 million Series C funding. We already have more than 450 employees and want to continue to scale strongly.

Ankorstore is looking for an experienced Head of Payments, Fraud and Payment Terms, reporting to Ankorstore CFO, to build and lead our end-to-end Payments, Fraud prevention and Payment Terms strategy and operations.

  • First, you will be in charge of making Payments and Payment Terms a true competitive advantage for Ankrostore in Europe by building the best payment experience for our retailers. A critical part of our value proposition to retailers is to provide them with both the right Payment Methods (e.g., Credit Card, SDD, Open Invoice) and Payment Terms (e.g., 30 Days, 60 Days, Installments) when they purchase on Ankorstore
  • Define our Payments & Payment Terms strategy across European countries to maximise the business impact (esp. conversion rate at checkout)
  • Build key partnerships with PSPs and Fintechs to deploy Payment Methods and Payment Terms consistently across Europe — you will own the relationship with them and continuously iterate to improve our offering (available payment methods offer rates, credit limit) and reduce default rates
  • Build innovative / new financing structures (e.g., low interest debt) to deploy special financing programs dedicated to high potential segments of clients
  • Work closely with our Product, Tech, Sales and Ops teams to make sure our Payment experience exceeds the expectations of our users
  • Build internal capabilities related to Payments and Payment Terms (e.g., scoring)
  • Second, you will be in charge of defining and implementing our Fraud prevention strategy
  • Shape and drive our fraud strategy across Ankorstore platform (brands and retailers)
  • Work closely with with our Product, Tech, Sales and Ops teams to build a best-in-class machine to detect, prevent and manage fraud
  • Run our fraud management operations and performance monitoring
  • Develop fraud expertise and best practices within our entire organization

Last but not least, you will be in charge of building a world-class Payment, Payment Terms and Fraud team — as a leader of this team you will help the team to reach their potential, both in their personal development goals and in their performance as a group. You’ll create a culture and structure to ensure long term / sustainable success of your team.

Profile Required

The experience we require:

  • 8+ years of experience in Payments and Fraud management (covering strategy, projects, operations) in a fast growing eCommerce company
  • Experience in recruiting, scaling and managing a team of 10+ FTEs
  • Demonstrated ability to build a long-term Payments / Fraud strategy and successfully execute on it
  • Demonstrated ability to drive fast implementation of projects involving both multiple external FinTech partners and internal Product / Tech teams

The 4 most important qualities to succeed in this role:

  • You have a strong entrepreneurial spirit (you are excited by building this “from scratch”)
  • You are rigorous and very analytical
  • You can recruit strong profiles fast
  • You like to automate, innovate, think out of the box and be creative
  • Other qualities that would add value
  • Knowledge of the wholesale or retailer industry
  • Experience working in a fast-growing tech environment, preferably marketplace
  • Experience in Product Management related to Payments

Benefits & location:

  • Working with a very ambitious & mission driven team backed by powerful VCs (Index Ventures, GFC, Alven, Aglae, Cain Capital Ventures, Tiger Global)
  • Location can be anywhere as long as we have access to a great talent pool of international talents
  • Work from Home is an option for this role
  • Competitive package & stock options