Job Details


Compliance


Operational Compliance  san francisco, ca  
Job Description

Job ID#:

2450

Job Category:

Compliance


Details:

* Be a subject matter expert on Regulation E, Electronic Funds Transfers, Regulation J, FedWire Transfers, NACHA Rules, ACH, and Card Scheme Operating Rules;
* Develop/maintain (i) 2nd Line compliance risk assessments for all operational payment flow processes, conduct annual compliance reviews, and (ii) Oversight Program for Payment Facilitators, Marketplaces, MSB"s, and merchants with ongoing risk concern;
* Demonstrate familiarity with Issuing BIN sponsor compliance including due diligence, monthly monitoring and reporting on BIN sponsor obligations to Issuing program;
* Provide support for U.S. vendor management. Familiarity with OCC and Federal Reserve 3rd Party Risk Management Guidance.

 
Job Requirements

 
Details:

* You have previous experience in Payment Flow Relationship Compliance (in particular 2nd Line US Scheme Rule compliance and US BIN sponsor relationships), including tracking all changes to scheme rules, tracking merchant violations and monitoring resolutions, participation in oversight audits by relationship partners, Schemes and BIN sponsors, tracking management responses to findings, and undertaking compliance assessment on implementation
* B.A. with concentration in payments, e-wallets, point of sale/e-commerce
* 5 years of experience with Card Schemes, ClearingHouse, or regulated U.S. bank (or foreign bank) in payments group
* You have strong written and verbal communication skills with ability to convey advice clearly and synthesize complex issues
* Proven ability to research, interpret, and summarize compliance requirements in easily understood terms; and, determine the regulatory impact of such requirements to business initiatives
* Self-motivated, reliable, adaptable and detail-oriented
* Capable of handling multiple assignments simultaneously and meeting deadlines
* Able to effectively communicate with all levels of the organization
* Proven ability to interface and develop rapport with regulators
* Able to regularly travel domestically and occasionally internationally




 

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