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Job Title


Managing Director


Company : UK Payments Initiative Ltd


Location : belfast, antrim


Created : 2025-06-11


Job Type : Full Time


Job Description

Location: Hybrid – 1 day per week in London, 4 days per week remoteTerm: Fixed term, 12 monthsStart: August 2025Sector: Financial / Technology: Open Banking PaymentsWe’re launching a newly funded, UK-based startup to build and operate a better way to collect regular payments using open banking open banking technology called commercial Variable Recurring Payments (cVRPs). Our mission is to establish a commercially viable and inclusive service that operates in the interest of all stakeholders—consumers, account providers, payment service providers, and the wider ecosystem.We are seeking a dynamic, entrepreneurial Managing Director to lead this critical first year. This role is ideal for a strategic operator with a deep understanding of open banking, payments infrastructure, and the realities of building something new.What you'll do:Lead the business through the launch of its first live payments use case, ensuring operational excellence and early adoption.Develop a clear vision and roadmap to evolve the service into a scalable and sustainable capability.Build and lead a small, high-performing team with clear OKRs, succession plan and a performance-driven culture rooted in diversity and inclusion.Lay the foundations for longer term investment and funding, subject to successful delivery milestones. Translate the Board-approved strategy into a sharp, three-year execution plan, laser-focused on launching commercial Variable Recurring Payments (cVRP) and a high-value pipeline of premium open-banking APIs (identity, data enrichment, credit).Take full P&L ownership, driving growth and efficient unit economics through API call volumes, payment flows, and recurring participant licence revenues.Negotiate and manage strategic partnerships with ASPSPs, TPPs, and other bodies to accelerate API adoption.Be the voice of the company with regulators, industry bodies, analysts, investors, and media—shaping policy and elevating brand authority.Keep the Board ahead of the curve with crisp, transparent reporting on performance, risks, roadmap shifts and strategic options—securing backing for major investments.What we're looking for:Proven leadership experience in launching and scaling payment systems or fintech platforms and the ability to build inclusive high performing teams.Deep expertise in open banking and a solid grasp of UK financial regulation.Strong commercial acumen and the ability to operate in a resource-constrained, agile environment.Strong stakeholder management – ability to build relationships with regulators and commercial firms some of whom may have conflicting objectives.Technical literacy—able to evaluate and guide decisions on platform capability and evolution.Passion for innovation, inclusion, and building value propositions that serve the entire ecosystem.