Jim Oberman joined Payroc in May 2015, as Managing Director and in September 2016 was appointed CEO.
Jim oversees Payroc’s strategic initiatives and long term enterprise development, bringing a vast array of electronic payments expertise and over 27 years of senior executive and entrepreneur payments experience. Jim’s primary role is to ensure Payroc continues to have the payments capabilities to properly serve its merchants, Payment Professionals and referral partners.
Since 2000 Jim has served National Processing Company (NPC-formerly Retriever Payment Systems) in a variety of senior executive capacities. In 2010 Vantiv (VNTV:NYSE) purchased NPC and Vantiv appointed Jim as the Managing Director of Vantiv’s NPC ISO business. Late in 2013 Vantiv appointed Jim to serve as Vantiv’s enterprise wide Chief Merchant Risk Officer. NPC is Vantiv’s nationwide ISO merchant distribution business serving over 220,000 small-to-medium sized merchants.
During Jim’s tenure with NPC and Vantiv, he also drove the development of and relationship with several key NPC ISOs, as well as oversight and management of specific specialty initiatives. These initiatives include the invention of market differentiating boarding, CRM and risk management systems, the acquisition of merchant portfolios, the oversight of the company’s POS equipment leasing and check processing divisions, and acquisition and oversight of NPC’s POS terminal deployment and service business unit.
Other payments industry accomplishments for Jim include growing and selling a successful ISO of Global Payments Systems (GPN:NYSE) to a larger GPN ISO, and the acquisition of a check services company in 1993 which was sold to GPN in 1995. Jim has served on a number of payments association and card brand advisory committees and boards which included serving on the Electronic Transaction Association (ETA) Government Relations and Risk Committees and ETA’s Strategic Leadership Forum. Jim is also on Vantiv’s ISO Advisory Board.
Jim currently resides in the Chicagoland area, has been married for 36 years and has 4 children and 7 grandchildren. For over 30 years Jim has been a board member of Calvary Academy Christian School in South Holland, Illinois and Restoration Ministries in Harvey, Illinois, and, was recently was appointed to the Board of Elders of Parkview Christian Church in Orland Park, Illinois.