REGULATORY SPECIALIST – PAYMENT SERVICES - 12 MONTHS FTC

Recruiter
Ripe 4
Location
London
Salary
£35000 - £37000/annum
Posted
10 Jun 2017
Closes
10 Jul 2017
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
REGULATORY SPECIALIST – PAYMENT SERVICES

12 MONTHS – FTC

SALARY: £35k + BENEFITS

LOCATION: LONDON

Project Practice is proud to announce a fantastic permanent opportunity for a Regulatory Specialist for a well-established bank. The individual would be responsible to ensure that the division, services and products are operating in line with financial services, scheme (VISA, MasterCard etc.,) regulations and contractual requirements. Provide their subject matter expertise in risk and compliance to their outsourced / third party service providers.

Responsibilities:
• Champion the regulatory and payment scheme (VISA, MasterCard etc.,) compliance for the division and its outsourced / third party vendors
• Support the implementation of regulatory changes in the division
• Ensure that the division is compliant with the bank policies, relevant legislations & regulations and payment scheme (VISA, MasterCard etc.,) rules
• Partner with outsource / third party vendors to impact assess the new regulations and discuss regulatory matters
• Oversee remediation of issues
• Escalate any compliance or regulatory issues to the management and continuously prepare compliance management information
• Ensure the division is Treating Customers Fairly
• Support continuous process improvement

Requirements:
• Strong stakeholder management skills – both internal and external
• Experience in payments services industry would be an advantage
• Knowledge of UK and/or European regulation and legislation an advantage
• Familiar with the relevant regulatory UK Handbooks and Guidance an advantage
• Payments Scheme knowledge – VISA, Mastercard, Faster Payments etc., would be an advantage
• Team player

This is an excellent role for a risk and regulatory professional to join an established player within the banking industry. If you feel you have the skills, the “can do” attitude and the passion then please submit your resume immediately