Salt’s Specialisms in Payments
• EPOS
• NFC
• M-Wallet
• POS
Latest salary trends in the Payments job sector
Payments Programme & Project Manager – Entry-Level
AU$30,000 - AU$50,000
Payments Programme & Project Manager – Mid-Weight
AU$50,000 - AU$70,000
Payments Programme & Project Manager – Senior
AU$70,000+
Demand Vs Offer
The Payments industry is considered quite attractive as it is constantly growing, large and is extremely profitable thanks to its stable transaction volumes. Due to its growth, companies constantly aim to satisfy new customer needs by developing innovative payment features. However, compared to other industries, the overall number of job offers stays low. Despite the limited positions, it can be tricky to find employees as this kind of job requires a lot of specialist expertise.
Locations
• Melbourne
• Sydney
Popular Industries
The two industries which currently employ most programme and project managers within the Payments sector are the financial services and information technology industry. The majority of roles, for which they hire, are mid-senior and entry roles, and are contract-based.
Recent Changes
In the past years, engineers have managed to make the payment processes smoother, faster and easier. However, in some cases not enough attention is paid to the protection of individual data, which might hinder consumers from sharing their debit and/or credit information. That’s why one of the key tasks for Payments project and programme managers is not only to oversee the development and design process, but also to take care of potential data protection issues.
Future Prospects
Being a project and or programme manager within the Payments industry is a very specific career path, which is why the number of job offers in this field will always stay limited. However, those professionals who decide to take this career path, and keep themselves up-to-date about ongoing industry trends and development, will not have to fear to find a job as the employment market in this sector is not very competitive.
Employers’ Requirements
To get a job within the Payments industry, employers usually expect their future employees to have excellent know-how about global online payment methods as well as about mobile payments, including mobile wallets and carrier billing. Furthermore, most positions require a proven track record in account management and relevant work experience at a payment service provider, an online merchant or a financial organisation.
CV Requirements
Hiring managers like to see evidence of market research, and that the candidate knows how to develop commercial models and is able to build successful partnerships. Other advantageous competencies, which should be mentioned on your CV are business analysis and reporting skills, presentation skills and excellent knowledge of common key performance.
Interview Preparation
Most of the questions in interviews for a Payments programme or project manager role are behavioural as they help the interviewer to identify the applicants’ most recent behavioural patterns. Typical questions for a programme management interview are:
• Please describe your role in a recent programme that you have managed.
• Where there any problems concerning the programme? If so, how did you manage them?
• Which metrics did you apply to manager the programme?
For project management interviews, the most frequently asked questions are:
• What does “done” mean in your current project?
• Have you ever taken a person off your project and moved to another project?
• Have you ever needed more people on you project? If so, what did you do?
Educational Requirements
Although an undergraduate university degree is in most cases a prerequisite in order to work as a Payments project and/or programme managers, it is also essential to have an extensive amount of work experience in the Payments or e-commerce industry. Besides having significant experience, an MBA is a huge bonus.
Looking for Payments jobs? Check out our current opportunities on our
job page.