Marketplace Support & Capability Development Lead, Financial Controls

TargetMinneapolis, MN
$95,000 - $171,000Hybrid

About The Position

Alongside Target’s distinctive retail experience, we continue to innovate and scale our digital commerce presence. Target Plus™—our third-party marketplace—offers a curated product assortment from top-tier sellers and brands, supporting both guest needs and enterprise growth. As the marketplace expands, so does the need for financial integrity, operational precision, and scalable payout systems. Join the Target Plus team as a Marketplace Support & Capability Development Lead – Financial Controls, where you will lead the strategy and execution of marketplace payout operations, financial governance, and partner financial performance standards. The Marketplace Support & Capability Development Lead – Financial Controls focuses on marketplace financial governance with responsibility for safeguarding Target’s financial integrity and ensuring Marketplace Partners operate to defined financial and operational standards. This role establishes the financial quality bar across payouts, partner performance, and operational execution and is responsible for defining payout frameworks, policies, and partner financial expectations. Partners closely with Finance, Accounting, Legal, Compliance, and Product to define and enforce financial controls, payout standards, and regulatory compliance requirements to ensure the marketplace operates within legal and policy obligations, while proactively identifying and addressing financial risk. This role sits at the intersection of financial operations, governance, and partner experience, with responsibility for safeguarding Target’s financial integrity while ensuring marketplace partners operate to defined financial and operational standards. You will define payout frameworks, identify financial risk, and drive adherence to marketplace standards through structured oversight, analytics, and cross-functional collaboration.

Requirements

  • 5+ years of experience in financial operations, accounting, marketplace payouts, or financial controls
  • Strong knowledge of financial regulations and reporting requirements (e.g., tax, KYB/KYC, compliance frameworks)
  • Experience managing payment platforms, processors, or financial vendor relationships
  • Proven ability to lead cross-functional initiatives and influence stakeholders
  • Strong analytical and problem-solving skills with experience leveraging data for decision-making
  • Excellent communication skills with the ability to translate complex financial concepts into actionable insights

Responsibilities

  • Define and evolve payout models, fee structures, and disbursement strategies aligned to marketplace growth and partner needs
  • Own end-to-end payout operations, including processing workflows, exception handling, and partner escalations
  • Serve as the business owner for relationships with payment processors, banks, and financial vendors
  • Establish and enforce financial standards and controls to ensure compliance with tax, reporting, and regulatory requirements (e.g., 1099, KYB/KYC, Marketplace Facilitator laws)
  • Partner with Legal, Finance, Accounting, and Compliance to implement audit-ready processes and mitigate financial risk
  • Build and maintain reporting and dashboards to monitor payout accuracy, issue trends, and partner experience
  • Analyze payment and operational data to identify gaps and drive continuous improvement
  • Define partner-facing financial expectations and performance standards, ensuring adherence across the marketplace
  • Collaborate cross-functionally with Product, Partner Services, and Merchandising to influence tools, policies, and capabilities that support scale

Benefits

  • In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family.
  • Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves.
  • Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation.
  • Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.
  • We care about and invest in you as a team member, so that you can take care of yourself and your family.
  • Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves.
  • Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation.
  • Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

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