Senior Cost Analyst

Card Scheme Implementation Full Time London, United Kingdom

About us

At myPOS, we are combining technology with imagination and expertise to provide an integrated payment solution for small and medium businesses built on innovation, freedom, flexibility and opportunities for growth.

About the Role

Understanding our business’s costs, and in turn unprofitability, at a per customer level is key to setting business strategy appropriately. One of the largest and most complex costs our business incurs is the set of fees the payment schemes such as Visa and Mastercard charge us. These fees are charged on a variety of timescales (from daily to annual) in multiple currencies and collected via multiple methods. Understanding and reconciling these costs is vital to understanding the true profitability of each customer’s business with us.

If you demonstrate an enquiring mind, an ability to interrogate data and build models, a talent for creating structure and clarity, we would love to hear from you.

The role sits within myPOS Payments Ltd (“MPP”), the Group’s UK entity based in central London (in the Shard) and authorized as an E-Money Institution by the FCA. It reports to MPP’s Head of Finance but requires extensive coordination with all functions across the Group (including those based in our Technology and Operations centre in Varna, Bulgaria) and with the Group’s entity for provision of regulated services throughout the European Economic Area.

What you will be responsible for:

  • Act as the subject matter expert for the group on transactional fees.
  • Work closely with stakeholders in Finance, Reporting and Scheme Management to deliver the ability to predict scheme fees and understand customer-level profitability.
  • Reconciliation of scheme fees and pulling together evidence to challenge the payment schemes where over-billing is identified.
  • Interpreting published scheme fee changes and ensuring the fee modelling remains up-to-date.
  • Maintain knowledge of the subject areas falling within this Job Description and ensure there is free circulation of information on relevant developments and policies across the business.
  • Undertake other specifically assigned tasks and projects as requested that are consistent with the performance of this remit.

What we expect you to bring to the role:

  • A self-starter and problem-solver who is creative, can hit the ground running and is hungry to contribute to the myPOS success story.
  • Strong data analysis skills. Experience inbuilding financial models
  • Expert with both SQL and Excel
  • Ability to work cross-team with stakeholders in multiple locations
  • Restless curiosity and a desire for continuous improvement of capabilities
  • Prior payments industry experience beneficial but not essential


  • Competitive salary
  • Hybrid working
  • Pension plan
  • Private health insurance
  • Life & income protection insurance
  • 28 days of holiday per year

Equal Opportunity Statement

At myPOS, we embrace diversity in all of its forms and foster an inclusive workplace environment. We’re an equal opportunity employer. All applicants will be considered for employment without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.

By submitting your application, you agree that myPOS Payments Ltd may collect your personal data for recruiting and related purposes.


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