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Manager, Technology Operations - Marketplace Billing Strategy and Optimization

Position Summary:This role will be a key member of the Marketplace Payments and Financial Services team. You will have the opportunity to lead existing billing programs and innovate new billing methods for Marketplace Sellers. The candidate should have strong subject matter expertise, leadership experience, and business acumen in the Payments and Fintech area!What you'll do:Manage and spearhead advancements in our billing strategy and payment mechanisms not just limited to ACH, Credit card but also innovative solutions catering to international segments.Create and execute a detailed roadmap of associated Billing solutions/tools and optimize the Recovery ladder in working with product, technology, and operations teams.Partner closely with Business teams and help customize billing solutions according to the program needs while reducing associated payment costs and bad debt.Work closely with internal legal & compliance teams to ensure we have appropriate agreements and contractual frameworks balancing experience with legal/regulatory risks.Create quantitative measurements to track success of the programs and prepare cost-benefit analysis to get finance and leadership approvals.Ensure close collaboration with Account management, Marketing, and Operations to drive acceptance of new products and services with Sellers. Build key measurements and a test/iterate philosophy to improve results.Maintain monthly/quarterly OKR/KPIs metrics, identify potential opportunities and risks, provide business insights, and drive key billing initiatives.Enable efficiency by identifying and partnering with the right third-party solutions. Identify and integrate solutions which cater to seller needs of financing or flexible payments for the services.Strong Data Analysis skills with hands-on experience with data profiling, data mapping, data quality, and data lineage.Strong SQL skills (freeform writing and reading) and understanding how to write/read business requirements.Key Success Criteria:Strong leadership aptitude.Strong communication skills.Driving ownership and accountability.Strong seller advocate.Excellent people skills.Uses data and analysis to drive decisions.Fosters trust with internal partners.Values team dynamics and inputs.Commitment driven.Bias for action.Minimum Qualifications:Option 1: Bachelor's degree in computer science, management information systems, industrial engineering, engineering management, business, information systems, project/program management, information technology, finance, management, or related area and 3 years’ experience in project management, program management, program operations, or related area.Option 2: 5 years’ experience in project management, program management, program operations, or related area.Preferred Qualifications:Master's in Business, Statistics, Computer Science, or similar field.At least 3 years industry experience preferably in Billing, Payments, Financial Services, or similar space.Expertise in Digital Payments and Fintech space with prior experience building or owning end to end is strongly preferred.Ability to lead cross-functional teams and prior experience working with Product and Technology teams; proven ability to lead and influence internal/external partners' insights.Deep analytical abilities, both quantitative and qualitative, and a track record of applying these to effective and successful business decisions; Process-oriented mindset and ability to lead people to get things done.Strong business insight, superb communication, and relationship skills.Benefits & Perks:Beyond competitive pay, you can receive incentive awards for your performance. Other great perks include 401(k) match, stock purchase plan, paid maternity and parental leave, PTO, multiple health plans, and much more.Equal Opportunity Employer:Walmart, Inc. is an Equal Opportunity Employer – By Choice. We believe we are best equipped to help our associates, customers and the communities we serve live better when we really know them. That means understanding, respecting and valuing diversity - unique styles, experiences, identities, ideas and opinions – while being inclusive of all people.Who We Are:Join Walmart and your work could help over 275 million global customers live better. Yes, we are the Fortune #1 company. But you’ll quickly find we’re a company who wants you to feel comfortable bringing your whole self to work. A career at Walmart is where the world’s most complex challenges meet a kinder way of life. Our mission spreads far beyond the walls of our stores. Join us and you'll discover why we are a world leader in diversity and inclusion, sustainability, and community involvement. From day one, you’ll be empowered and equipped to do the best work of your life.The annual salary range for this position is $104,000.00-$202,000.00. Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include stock.Primary Location:640 W California Avenue, Sunnyvale, CA 94086-4828, United States of America#J-18808-Ljbffr
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What You Should Know About Manager, Technology Operations - Marketplace Billing Strategy and Optimization, Walmart

If you’re an innovative leader with a passion for Payments and Fintech, we want to invite you to apply for the position of Manager, Technology Operations - Marketplace Billing Strategy and Optimization at Walmart. In this pivotal role, you'll not only manage existing billing programs but will also have the opportunity to craft new, cutting-edge billing methods tailored for our Marketplace Sellers. Working closely with the Payments and Financial Services team, you’ll dive into the nitty-gritty of ACH, credit cards, and international payment methods, leading the charge to refine our billing strategy. Your expertise in establishing a detailed roadmap of billing solutions will be crucial in optimizing partnerships with technology, product, and operations teams. You’ll be at the heart of customizing billing solutions to reduce costs while ensuring compliance with legal regulations. We value data and analysis, and as such, you'll be expected to create robust measurement systems to track program success and prepare insightful cost-benefit analyses for leadership review. With Walmart's commitment to diversity and inclusion, you will work collaboratively across multiple departments to ensure our initiatives resonate with both Sellers and internal partners. This is more than just managing programs; it's about building relationships and driving key billing initiatives. We offer a competitive salary along with a robust benefits package, including stock options and a 401(k) match. Join us in our mission to serve over 275 million customers globally while fostering an inclusive workplace where everyone brings their whole self to work.

Frequently Asked Questions (FAQs) for Manager, Technology Operations - Marketplace Billing Strategy and Optimization Role at Walmart
What are the main responsibilities of the Manager, Technology Operations - Marketplace Billing Strategy and Optimization at Walmart?

As the Manager, Technology Operations - Marketplace Billing Strategy and Optimization at Walmart, your primary responsibilities will include leading existing billing programs, innovating new billing methods for Marketplace Sellers, and managing a comprehensive roadmap for billing solutions. You'll also partner with various business teams to customize solutions, ensuring compliance with legal and regulatory standards while tracking success metrics and preparing cost-benefit analyses for approval.

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What qualifications are required for the Manager, Technology Operations - Marketplace Billing Strategy and Optimization at Walmart?

For the Manager, Technology Operations - Marketplace Billing Strategy and Optimization role at Walmart, candidates must have either a Bachelor's degree coupled with 3 years of relevant experience or 5 years of experience in project management or program operations. Preferred qualifications include a Master's in Business or related fields, along with industry experience in Billing, Payments, or Financial Services.

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How does Walmart define success for the Manager, Technology Operations - Marketplace Billing Strategy and Optimization position?

At Walmart, success in the Manager, Technology Operations - Marketplace Billing Strategy and Optimization role is defined by how well you spearhead advancements in billing strategy, maintain collaboration with internal teams, and drive successful uptake of new products with Sellers. Key performance indicators will include measurable outcomes on billing initiatives and your ability to foster relationships across departments.

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What skills are essential for the Manager, Technology Operations - Marketplace Billing Strategy and Optimization at Walmart?

Essential skills for the Manager, Technology Operations - Marketplace Billing Strategy and Optimization at Walmart include strong leadership, excellent communication, and a proficiency in data analysis. Experience developing billing strategies and a thorough understanding of Fintech will be key, alongside the ability to collaborate with cross-functional teams and drive decision-making with data-backed insights.

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What benefits does Walmart offer for the Manager, Technology Operations - Marketplace Billing Strategy and Optimization position?

Walmart offers a comprehensive benefits package for the Manager, Technology Operations - Marketplace Billing Strategy and Optimization position, including competitive salaries, performance bonuses, 401(k) matching, stock purchase options, and paid parental leave. Our focus on diversity and community also promotes an inclusive workplace where associates can thrive personally and professionally.

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Common Interview Questions for Manager, Technology Operations - Marketplace Billing Strategy and Optimization
Can you explain your experience with billing strategy development as a Manager, Technology Operations?

When answering this question, highlight specific examples of how you've successfully developed and managed billing strategies in past roles. Discuss the methodologies you employed and the impact your strategies had on overall business success.

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What techniques do you use to analyze billing data?

Consider discussing both quantitative and qualitative analysis methods you've used in previous roles, showcasing your analytical skills. Mention any tools or systems you are familiar with that can help extract and interpret data effectively.

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How do you ensure compliance with legal and regulatory standards in billing operations?

Highlight your understanding of legal and regulatory frameworks pertinent to payments and billing. Share any experiences where you proactively engaged with legal teams to maintain a compliant billing process while meeting business objectives.

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Describe your approach to collaborating with cross-functional teams.

Provide insights into how you manage relationships across different departments. Stress the importance of open communication and shared goals while sharing examples of challenges and successes in cross-team collaboration.

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What innovative billing solutions have you implemented in previous roles?

Discuss specific billing innovations you've led, including any challenges faced during implementation. Describe the outcomes and improvements that resulted from your innovations to demonstrate your ability to think outside the box.

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How do you stay updated on trends in Payments and Fintech?

In your answer, mention the resources you use to stay informed on industry trends such as webinars, blogs, industry publications, and networking events. This demonstrates your commitment to continuous learning and staying relevant in the field.

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What metrics do you use to gauge billing program success?

Share specific Key Performance Indicators (KPIs) that you believe are critical for measuring the success of billing programs. Explain how you track and analyze these metrics to continuously improve processes.

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Can you share an experience where you had to troubleshoot a significant billing issue?

Describe a specific billing issue, how you identified and diagnosed it, the actions you took to resolve it, and the outcomes. Use this experience to highlight your problem-solving skills and ability to stay calm under pressure.

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How do you prioritize tasks and initiatives in this role?

Outline your strategy for prioritizing tasks and initiatives, emphasizing your organizational skills. Discuss how you consider both strategic goals and immediate impacts on Sellers when making decisions.

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What challenges do you anticipate in the Manager, Technology Operations role and how will you address them?

Reflect on potential challenges such as rapid technological changes or compliance issues within the Payments domain. Describe how you would prepare to address these challenges, utilizing your skills and experience.

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Full-time, on-site
DATE POSTED
December 18, 2024

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