The Role:
The New Markets team is responsible for identifying new product or new market expansion opportunities for DailyPay to support changing consumer needs and industry trends. One of New Markets' initiatives is the DailyPay Marketplace. The Marketplace enables, for the first time, an opportunity for 3rd parties to participate in the on-demand pay movement and to have more direct connection to the source of money - payroll. By partnering with DailyPay via the Marketplace, 3rd parties gain access to DailyPay’s proprietary on-demand pay capabilities at the intersection between payroll and banking, including DailyPay’s Pay Balance, an untapped new source of spending power consisting of earned wages that are accessible prior to payday.
As the Sr. Manager of Marketplace Strategy Operations, you will analyze business and market trends to explore new areas of opportunities that will help DailyPay hit its revenue targets and surpass its competition. You will dive into complex concepts and own projects from inception to actualization.
Together with senior management, you will develop cases and assessments of encouraged return of investments for these new initiatives. You will influence and deliver business information that drives the company and key partners to invest in these opportunities by presenting ideas in an effective, clear and compelling way.
You will oversee integrated strategy and execution, and collaborate across departments to ensure that standard methodologies are implemented and a learning agenda provides ongoing optimization opportunities. As these are new products, you will work with department heads to build out processes and mitigate any potential risk to ensure successful launches. You will work closely with the Program Manager and manage launches end to end.
You will also serve as the internal consultant and advisor for the business on these new initiatives and be the go-to expert for understanding the competitive landscape surrounding DailyPay’s New Market & Marketplace products.
Additionally, you will support the creation of presentation materials for quarterly Board of Director meetings, weekly Operating Committee meetings and company-wide communications. You will also create and track performance metrics and outcomes to evaluate the success of these initiatives.
If this opportunity excites you, we encourage you to apply even if you do not meet all of the qualifications.
How You Will Make an Impact:
- You'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution
- Translate business objectives into metrics and practical plans, ensuring plans are developed in alignment with the overall corporate strategy
- Help department heads build out processes to stand up new products/ partnerships
- Co-manage successful launches of products/ partnerships by working closely with the Program Manager
- Provide support and accelerated execution of critical initiatives, working alongside leaders to ensure effective implementation, governance, communication and change management
- Analyze complex ideas or proposals and build a range of meaningful recommendations
- Creatively model cases and scenarios for new opportunities
- Navigate the complexities of cross-functional teams and engagements and ensure they are implementing New Markets initiatives effectively
- Anticipate collaborator needs, and develop and discuss potential solutions, even before someone realizes they are required
- Demonstrate critical thinking and sharp problem solving skills (e.g. data backed analysis, valuation methods, hypothesis driven approach, research and strategy framework)
- Communicating and generating support for recommendations within the team and across the border organization
What You Bring to the Team:
- Experience in a leadership role responsible for the design, development, and implementation of a strategic plan for an organization, company or business unit
- Experience with developing investment roadmaps and execution plans representing cross-functional team efforts - pulling together information from a wide variety of sources quickly
- Ability to translate complex ideas and express them in concise, simple to understand way to senior leadership
- Competitive strategy formulation, scenario planning, forecasting experience
- Strong business acumen and knowledge of the technical market landscape
- Outstanding organizational and people skills
- Bachelor’s Degree in a relevant field of study preferred
- 7+ years of experience in strategy, investment banking, consulting and or/ business development
DailyPay, powered by its industry-leading technology platform, is on a mission to build a new financial system. Partnering with America's best-in-class employers, including Dollar Tree, Berkshire...
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