Flexible work location

The US Faster Payments Council (USFPC) is looking for an Executive Director. The Executive Director is the chief executive officer of the USFPC. The position is responsible for overseeing the administration, programs, and strategic plan of the organization. The Executive Director will ensure that the organization is compliant with applicable laws and regulations. The executive director is responsible for socializing and harmonizing the Faster Payments Council strategy with key stakeholders across the U.S. payments ecosystem.

This position is a critical role in advancing faster payments as a means of delivering value for a diverse stakeholder community through the execution of successful business strategies. Other key duties include the development of membership, fundraising, marketing, education, and stakeholder outreach. The position works directly with the Chair of the Board of Directors; both the Executive Director and the Chair will follow the guidance and direction established by the full Board. The Executive director will have responsibilities in board governance, financial performance and viability, organization mission and strategy, and organization operations.

Board governance responsibilities include:

  • Working with the Board to fulfill the organization’s mission and goals
  • Leading the USFPC in a manner that supports/guides the organization’s mission and goals as defined by the Board
  • Communicating effectively with the Board and providing all information necessary for the Board to function properly and make informed decisions
  • Overseeing the organization of the Board and committee meetings with the Chair of the Board

Regarding financial performance and viability, the Executive Director is responsible for:

  • Developing resources and processes sufficient to ensure the financial health of the USFPC
  • Fiscal integrity of the USFPC, including oversight of the Finance and Audit Committee, and submissions to the Board of both a proposed annual budget and monthly financial statements that accurately reflect the financial condition of the organization
  • Fiscal management that anticipates operating within the approved budget, ensures efficient resource utilization, and maintenance of the organization in a positive financial position
  • Membership, fundraising and other initiatives that will increase participation in the organization and support the USFPC’s mission and goals

The Executive Director will have the following responsibilities regarding the organization mission and strategy:

  • Working with Board and staff to ensure that the USFPC’s mission and goals are fulfilled through programs, strategic planning, and stakeholder outreach
  • Implementing and managing the USFPC’s programs that carry out the organization’s mission and achieve its goals
  • Strategic planning to ensure that the USFPC can successfully fulfill its mission into the future
  • Marketing and communicating to enhance the USFPC’s image and mission by being active and visible in the stakeholder community and by working closely with the media and other professional, civic, and private organizations

Finally, the Executive Director will have the following responsibilities regarding organization operations:

  • Providing effective administration of USFPC operations, including establishing employment/administrative policies and procedures
  • Overseeing and implementing resources to ensure effective operations of USFPC.
  • Responsible for the review and approval of contracts for services, agreements, and other instruments made and entered into on behalf of USFPC
  • Hiring and retaining competent, qualified staff
  • Overseeing committees and workgroups to provide overall direction and guidance that supports business strategy
  • Encouraging broad-based participation and collaboration in the USFPC processes, including outreach to financial institutions, FinTechs, network operators, businesses, consumers, regulators and others as necessary to achieve the goals of the USFPC

Qualified candidates will have:

  • Five or more years of experience in a senior leadership role
  • Strong leadership skills, in particular, the ability to lead cross-functional teams and inspire a high performance from team members
  • The ability to convey a compelling vision of the Faster Payments Council’s mission, goals, progress and future direction to the Board, staff, current and prospective members, volunteers and donors
  • Strong written and oral communication skills, including successful interaction with senior industry stakeholders
  • Strong public speaking ability
  • The ability to interface and engage with a diverse membership, stakeholders and donor groups
  • A strong understanding of the digital and mobile payments market and of current and emerging payment schemes and technologies
  • Successful track record working with national and global payments providers
  • Solid, hands-on, budget management skills, including budget preparation, analysis, decision-making and reporting
  • Strong organizational abilities including planning, delegating, program development and task facilitation
  • Knowledge of membership development, fundraising strategies and donor relations unique to the nonprofit sector

The compensation for this role is competitive, depending on experience. Benefits include a health insurance package.