ACE.SG (Action Community for Entrepreneurship) logo
ACE.SG (Action Community for Entrepreneurship)

ACE.SG is the national voice for the Singapore startup ecosystem. A key trade association representing startups.

Commercial Manager – Payments

ManagerManagerFull TimeRemoteSeniorTeam 11-50Since 2003H1B No SponsorCompany SiteLinkedIn

Location

United Kingdom

Posted

11 days ago

Salary

0

Seniority

Senior

Bachelor Degree3 yrs expEnglishRuby on Rails

Job Description

Commercial Manager – Payments

ACE.SG (Action Community for Entrepreneurship)

• Work directly with the Head of PBI to develop the annual commercial plan and contribute to the 3-year payments infrastructure roadmap • Translate strategic direction from the Head of PBI into structured, actionable plans with clear milestones and owners • Proactively identify gaps in ACE's payments infrastructure by engaging cross-functionally with Partner Success, Partner Onboarding, Operations, Finance etc. • Bring forward commercial solutions — not just problems — with implementation pathways and business logic • Own the commercial narrative for the PBI function, including contribution to the monthly CEO Brief and quarterly commercial reviews • Identify, approach, and commercially evaluate new payments partners — card acquirers, APM providers, open banking rails, FX counterparties, and banking partners • Involvement in all commercial negotiations: from first contact and term negotiation through to handshake before handover to PO. • Build and maintain a live pipeline of prospective partners with commercial assessments and prioritisation rationale • Develop business cases for new partner additions including cost modelling, volume projections, and break-even analysis for Head of PBI sign-off • Own the renegotiation pipeline for existing partners — tracking contract renewal dates, rate review windows, and volume-based tier unlock opportunities • Attend Quarterly Business Reviews and major partner strategy sessions alongside the Head of PBI

Job Requirements

  • 3-5 years of experience in a commercial, partnerships, or business development role within payments, fintech, or financial services
  • Proven track record of leading commercial negotiations with card acquirers, payment processors, banks, or FX counterparties
  • Strong understanding of payment economics — MDR structures, interchange, scheme fees, FX spreads, and open banking pricing
  • Experience working cross-functionally with operations, technology, and compliance teams to structure and close commercial deals
  • Ability to build rigorous business cases and commercial models independently, without reliance on a finance team
  • Excellent written and verbal communication — comfortable presenting commercial analysis and recommendations to senior leadership
  • Highly organised with the ability to manage multiple negotiation tracks simultaneously without dropping detail

Benefits

  • Five (5) days working - Saturday & Sunday OFF (All ACE Money Transfer offices accross the globe)
  • Free Food Facility (Liaison Office - Kharian, Pakistan only)
  • Free official transport (Liaison Office - Kharian, Pakistan only)
  • Free Hostel/Executive Accommodation (Liaison Office - Kharian, Pakistan only)
  • Provident Fund (ACE all Pakistan Offices only)
  • Interest-Free Loans (ACE all Pakistan Offices only)
  • Advance salary facilitation (ACE all Pakistan Offices only)
  • Overtime (All ACE Offices across the Globe, as per policy)
  • Medical and Life Coverage (ACE all Pakistan Offices only)
  • Health Insurance (Overseas Offices)
  • Pension contributions (UK, Ireland, and Australia)
  • EOBI & PESSI (ACE all Pakistan Offices)
  • Night Shift Allowance (ACE all Pakistan Offices)
  • Annual Leaves (All ACE Offices across the Globe, as per policy)
  • Sick and Casual Leaves (ACE all Pakistan Offices)
  • Wedding Leaves (ACE all Pakistan Offices)
  • Umrah and Hajj Leaves (ACE all Pakistan Offices)
  • Bereavement Leaves (All ACE Offices across the Globe, as per policy)

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