MALPB Examination Specialist 2

Georgia Department of Revenue; California; Hybride; USD 125 000 - 150 000; Plein temps

Avantages offerts par ce poste

Hybrid work arrangement

Paid time off

401(k) Match

457 (optional)

Defined benefit pension

Medical insurance

Dental insurance

Vision insurance

Flexible spending accounts

Life Insurance

Résumé du poste

Georgia Department of Banking and Finance is seeking a MALPB Examination Specialist II to supervise chartered MALPB entities and oversee regulatory/compliance matters in merchant acquiring and card network transactions.

The role requires a bachelor’s degree plus five years of payments industry audit or regulatory oversight, with strong knowledge of merchant acquiring risk and card network rules. Hybrid work is available and duties include leadership of examination programs.

Qualifications

• Bachelor’s degree and five years in direct payments industry audit or regulatory oversight.
• Background in merchant acquiring and card network relationships.
• Strong understanding of merchant acquiring risk management frameworks and industry practices.
• Knowledge of payments industry regulations and compliance requirements.

Responsabilités

• Lead supervision of Georgia state-chartered MALPB(s) as central point of contact.
• Serve as Department liaison to MALPB staff, regulators, consultants, vendors, and industry reps.
• Provide oversight and guidance in solving supervisory concerns; act as SME for merchant acquiring.
• Review compliance with laws, rules, regulations, and industry standards; maintain monitoring program.
• Conduct internal training and participate in training programs.

Connaissances

Payments industry audit

Regulatory oversight

Merchant acquiring risk management

Formation

Bachelor’s degree

Description du poste

Explore a World of Opportunity with the State of Georgia!

We are the force that drives Georgia!
Georgia State Government is a large enterprise, composed of various agencies and entities with a common goal to improve the lives of Georgia’s more than 10 million citizens!
Join Team Georgia and impact lives everyday while receiving a robust benefits package designed for every stage of your career!

Job Title:

MALPB Examination Specialist 2

Job Requisition ID:

JR0000000456

Number of Openings:

1

Shift:

Day (United States of America)

Compensation Details:

$125,000- $150,000

Job Description:

Who we are : The Georgia Department of Banking and Finance is the state agency that regulates and examinesGeorgia state-chartered banks, state-chartered credit unions, and state-chartered trust companies. The Department also has responsibility for the supervision, regulation, and examination of bank holding companies and Merchant Acquirer Limited Purpose Banks (MALPBs) chartered in Georgia. In addition, the Department has regulatory and licensing authority over mortgage brokers, mortgage lenders, mortgage processors, mortgage loan originators, check cashers, sellers/issuers of payment instruments, money transmitters, consumer installment lenders, and international banking organizations, conducting business in Georgia.

Position Title: Merchant Acquirer Limited Purpose Bank (MALPB) Examination Specialist II

Similar industry job titles : Payments Network Auditor, Card Network Risk Management, Payments Industry Risk Mitigation, Merchant Acquirer Risk Management Oversight

Salary & Benefits

• The salary range is at $125,000 to $150,000, depending on relevant experience

• Hybrid/Flexible Work Arrangement

• Paid time off

• Retirement Plans: 401(k) Match, 457(optional), and Defined Benefit (pension)

• Comprehensive benefit plans that include medical, dental, vision, flexible spending accts., Life Insurance

Minimum Qualifications:

• Bachelor’s degree from an accredited college or university AND five years of experience in direct payments industry audit or regulatory-related oversight role or closely related area.

• A background in merchant acquiring and card network relationships.

• A strong understanding of merchants acquiring risk management frameworks and operational best practices is preferred.

• The role requires practical and strategic understanding of the payments industry and demonstrated experience assessing risks associated with merchant acquiring and relevant card network industry regulations and compliance requirements.

Job Summary:

Under broad supervision, the MALPB Examination Specialist 2 is responsible for direct supervision of one or more MALPB entities chartered by the Department. This position provides managerial oversight and serves as a lead MALPB Examiner. The MALPB Specialist 2 will act as the supervisory examiner in charge of chartering initiatives and regulatory/compliance obligations related to merchant acquiring and card network transactions. The MALPB Examination Specialist 2 acts as a Primary Point of Contact to assigned MALPB(s), oversees a portfolio of MALPB(s), performs financial analysis, monitors ongoing trends, processes requests by MALPB entities, and provides recommendations on interpretations of laws, rules, and regulations regarding MALPBs. The MALPB Examination Specialist 2 provides ongoing on- and off-site administrative oversight and supervision of MALPB(s), participates in the establishment of Department goals and policy development, develops and implements ongoing examination programs, assigns ratings and directs regulatory outcomes, and participates in the chartering process of MALPBs. The MALPB Examination Specialist 2 also serves as a point of administrative contact to answer inquiries, obtain information, and provide guidance in various regulatory matters to examiners, industry representatives, MALPB-related staff and consultants, attorneys, certified public accountants, financial consultants, trade associations, and internal stakeholders. The MALPB Examination Specialist 2 serves as a lead technical expert resource and will serve in an indirect supervisor capacity for examination teams as well as conducting on-the-job training in specialized knowledge.

This position will also act as a department representative to external parties including MALPBs, Federal agencies, and industry representatives. The MALPB Examination Specialist 2 will participate in overseeing chartering initiatives and regulatory/compliance obligations related to merchant acquiring and card network transactions. As a MALPB Examination Specialist 2, the role will encompass MALPB risk management supported by individual knowledge and experience in merchant acquiring, merchant acquiring best practices and industry guidance, knowledge of regulatory requirements, card network rules, and industry standards.

This is a hybrid position. Expectations of days in office will be confirmed by your hiring manager.

Essential Job Functions :

• Leads supervision of Georgia state-chartered MALPB(s) as central point of contact and/or overseeing a MALPB portfolio.

• Serves as Department liaison to MALPB staff, regulators, consultants, vendors, and industry representatives.

• Provides oversight, guidance, and assistance in the solution of supervisory concerns. Serve as internal subject matter expert for merchant acquiring.

• Reviews compliance with and interpretation of Laws, Rules, Regulations, and Industry Standards. Maintains ongoing offsite monitoring and regulatory structure program for MALPB entities.

• Conducts internal training and participates in training programs.

Other Duties: Please note this job description is not designed to cover or contain a comprehensive list of actives, duties or responsibilities that required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Important Notes:

Candidates interested in employment must:

• Successfully pass a background check including criminal history check, employment reference checks, credit evaluation and professional license checks, where applicable.

• Must be a Georgia resident or will become a Georgia resident upon hiring. Provide an unofficial copy of college transcript.

• Be legally authorized to work in the United States.

• Possess and maintains a valid driver’s license.

Minimum Qualifications:

Bachelor’s degree in business administration, accounting, finance or a closely related field from an accredited college or university and five (5) years of experience in direct payments industry audit or regulatory related oversight role including two years in a lead worker, team lead, or supervisory role; or one (1) year of experience required at the lower-level MALPB Examination Specialist (RCP160) or position equivalent.

Equal Employment Opportunity Employer

The State of Georgia does not discriminate based on race, color, national origin, sex, religion, age, disability, or other protected categories in employment or the provision of services.
Qualified applicants may request reasonable accommodation when needed during the application and/or screening process by contacting the appropriate agency Human Resources department.