Sr. Manager - Global Network Compliance

Rapyd; London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A global fintech company in London is seeking a Sr Manager - Global Network Compliance. This role involves managing compliance across multiple jurisdictions, collaborating with various departments, and ensuring alignment with regulatory requirements. Ideal candidates will have over 4 years of payments compliance experience, a strong understanding of financial regulations, and excellent communication skills. This position offers a dynamic environment and the opportunity to impact global compliance efforts.

Qualifications

• 4+ years payments compliance experience with a card scheme, acquirer, or payment processor.
• Strong knowledge of financial regulation, including KYC and BSA/AML.
• Experience with Risk Management programs and regulations.

Responsibilities

• Manage global network compliance matters and provide expertise.
• Collaborate with cross-functional teams and external parties.
• Create and update compliance program status reports.
• Translate payment network rules into understandable requirements.
• Support audit and testing activities in compliance with requirements.

Skills

Payments compliance

Regulatory knowledge

Risk management

Effective communication

Project management

Job description

Rapyd has unified payments, payouts and fintech on one worldwide platform, and we’re assembling the world’s best team to liberate global commerce. With offices in Tel Aviv, Amsterdam, Singapore, Iceland, London, Dubai, Hong Kong, and the U.S., the opportunities at Rapyd are limitless.

We believe in straight talk, quick decisions, strong execution and elegant solutions. Rapyd is where hard work pays off and careers take off. Join us and let’s build the future of fintech together.

Get the tools to grow globally at www.rapyd.net. Follow: Blog, Insta, LinkedIn, Twitter

Rapyd Global is looking to hire a Sr Manager - Global Network Compliance who will play a pivotal role in establishing and supporting the global compliance strategy that aligns with regulatory requirements and industry best practices. You will collaborate closely with regional compliance teams, senior management, and key stakeholders to develop and implement compliance policies, procedures, and controls. Your primary focus will be to ensure consistent compliance across multiple jurisdictions, monitor regulatory changes.

Day to day responsibilities include, but are not limited to:

• Manage Rapyd’s global network compliance matters, requirements, and related activities; strive to deliver exceptional and responsive service by providing network compliance management expertise in a clear, solution-oriented, and customer-focused manner.
• Collaborate with cross-functional teams (Network/Financial Partnerships, Product, Risk, Legal, Operations, etc.) and external parties (card association/schemes, vendors, partners, etc.) to ensure alignment with card schemes and payment network rules/requirements while keeping up to date with any changes.
• Create and update status reports of program initiatives, activities, and network compliance issues to Rapyd’s management.
• Translate payment networks (e.g. Visa, Mastercard, American Express, Discover, NACHA, SEPA, Fedwires, and other alternative forms of payment) rules and regulations, bulletins, and changes into understandable requirements.
• Contribute to the development of Rapyd’s related policies, procedures, and a control plan while disseminating best practices across business lines and jurisdictions.
• Assess compliance requirements that arise from third parties, including advising on any changes to our policies, procedures, and controls through validation and implementation.
• Support audit and testing activities and ensure such activities and the Risk Assessment are timely completed and remediation activities meet with requirements
• Stay abreast of compliance developments and evaluate the payment networks and scheme compliance regulations and industry compliance trends.
• Support the continued development and implementation of Risk and Compliance processes and projects throughout the three regions of AMER, APAC, and EMEA.
• Communicate and escalate concerns, potential risks, issues, or deficiencies identified that may have an enterprise-wide impact on Rapyd’s senior management to drive a culture of compliance.

Requirements

• 4+ years payments compliance experience with a card scheme, global acquirer, payment processor, or e-commerce merchant/marketplace financial services/banking background payments risk management background, with a technical understanding of card schemes and other payment networks globally.
• Strong knowledge of financial and payments and consumer regulation, including card association and payment network rules, and laws applicable to acquiring, payouts, and issuing, and KYC, KYP, BSA/AML regulations
• Broad knowledge and application of Risk Management programs (e.g. Regulatory, Operational, Financial, etc.) risk assessments, testing and monitoring, training, and policy.
• A strong understanding of the payments industry, and familiarity with its ecosystem (partners, processors)
• Understanding of different types of Merchant and Consumer Risk.
• Effective communication skills (both orally and in writing) with all levels of management
• Excellent intercultural and interpersonal skills, including experience in working with different cultures and proven experience in relationship building.
• Must display a high level of professional judgment, commitment, integrity, teamwork, and customer service
• Capacity to work under pressure and tight deadlines; self-starter, comfortable with ambiguity.
• Project management skills; outstanding organizational skills.
• CAMS and/or CFE certification is a plus.

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