Senior Analyst, Mastercard Gateway, Scheme Compliance

Job Description

The role holder will support the overall Scheme Compliance of the Mastercard Payment Gateway Services (MPGS) product suite to minimize exposure to Financial and Reputational risks. This will include managing collection and prioritization of product compliance initiatives across the business, collaborating closely with Global Product Management, Regional Market Product Management, Legal, Compliance and IT. This function is NOT involved in AML, KYC, Financial Crime etc. Instead, the role will be involved with the Operating Regulations ( the Rules ) as published by the various global and domestic payment schemes. It will also be involved with local/regional regulations affecting the payment industry. The Scheme Compliance team is responsible for the relationship with the Global Payment Schemes (Mastercard, Visa, Amex etc.) as well as Domestic Payment Schemes, in terms of receiving, analysing, discussing bulletins and mandates. Additionally, the role holder will be supporting the communication/training plan and delivery to the key internal and external stakeholders impacted by the changes. This is a global role and involves liaising with multiple time-zones. Responsibilities: Undertake analysis of Card Schemes communications and provide summary of changes of scheme rules and regulations to impacted MPGS business areas Work closely with MPGS business areas to ensure internal delivery of change occurs within Card Scheme mandates timescales Interface with Product Management teams and O&T to ensure priorities are reflected in development plans via the SAFe PI Planning methodology. Maintain library of all Card Scheme communications Build and maintain internal web portals for all Card Scheme communications Work closely with MPGS business areas to identify, document and maintain internal processes in relation to Card Scheme compliance Support MPGS business areas with Card Scheme related queries Maintain Global Card Scheme Compliance team internal and external communications Liaising directly with payment networks and schemes as applicable. Advocating the corporate and/or client position when appropriate. Communicating identified compliance gaps to management immediately. Identifying financial exposure and client impacts with recommended remediation and communication plan for issue resolution