Director of Payments

Director of Payments - Remote, U.S. or Canada Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In recent years, Banyan was named the #1 fastest-growing private software company in the U.S. on the Inc. 5000 and among the top 10 fastest-growing companies by the Deloitte Technology Fast 500. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy‑and‑hold‑for‑life strategy for growing software companies that serve specialized vertical markets. Role Overview Banyan is seeking a commercially driven and technically fluent Director of Payments to define and scale our payments strategy across a diverse portfolio of North American software businesses. This high-impact role combines strategic leadership with hands‑on execution to expand revenue, optimize economics, and strengthen enterprise value across our portfolio. As the company’s central payments leader, you will shape our approach to embedded payments and fintech enablement. Partnering with portfolio CEOs and CFOs, you’ll identify monetization opportunities, negotiate provider relationships, and operationalize solutions that enhance customer experience and financial performance. Responsibilities Establish best practices and share insights through a centralized Payments Council and monetization playbook. Lead the development and execution of the end‑to‑end payments strategy across the portfolio. Identify and capture new revenue streams through interchange optimization, embedded finance, and other yield levers. Build and manage relationships with PSPs, acquirers, and fintech partners to secure strategic and commercial advantages. Guide portfolio executives on go‑to‑market design, pricing, and migration frameworks (referral → ISO → PayFac). Evaluate payment infrastructure and economics in M&A opportunities and design post‑close integration plans. Collaborate cross‑functionally with product, engineering, finance, and legal teams to ensure scalable, compliant implementations. Qualifications 10+ years in payments, fintech, or embedded finance (preferably within B2B or vertical SaaS). Deep understanding of payment infrastructure, economics, and integration models. Proven success driving revenue growth or cost optimization through payments strategy. Strong negotiation and partner management skills with North American providers. Exceptional communication, analytical, and executive‑influencing abilities. Experience operating across decentralized or multi‑entity organizations preferred. Job Details Seniority level: Director Employment type: Full‑time Job function: Other Industry: Software Development Salary The expected base salary for this position is: CAD $145,000 - $165,000 / USD $170,000 - $200,000 and includes annual bonus and equity (when applicable). EEO Statement Banyan Software company encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. Please be aware that only candidates selected for interviews will be contacted for this position. Banyan Software is an equal opportunity employer and makes employment decisions without regard to race, gender, disability or protected veterans status. Banyan affirms that inequality is detrimental to our Global Teams, associates, our Operating Companies, and the communities we serve. As a collective, our goal is to impact lasting change through our actions. Together, we unite for equality and equity. Banyan is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance. #J-18808-Ljbffr