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Senior Consultant: Regulatory Payments

Job LocationManchester
EducationNot Mentioned
Salary35,000 - 45,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

Our client is a reputable professional services organisation that are recruiting an individual to join their payments team within their Financial Services practice. The Payments industry is experiencing unprecedented levels of change as a result of the adventof PSD2 and Open Banking, technological and business model change, new FinTech challengers and major changes to the UK and Europes payment scheme infrastructures, and it is therefore an area of increasing strategic importance.In response to increased market demand the business is looking for an individual to grow the Payments Risk team and are seeking individuals who will assist in developing their market offering and work with a range of clients, from global financial servicescompanies and major corporates to emerging payments players. As a specialist you will help clients manage and mitigate their payments risks, embed change within their payments IT and operations functions, understand the impact of regulation and address thechallenges facing their businesses.Key Responsibilities:

  • Deliver a wide range of client engagements, including payments assurance, controls and regulatory reviews, business operations process reviews, technology and IT architecture reviews, change and project management, regulatory implementation support, financialcrime reviews and supporting clients to understand the impact of new innovations.
  • Building payment propositions for clients.
  • Helping senior staff develop the Payments Risk portfolio, by supporting business development, practice management and thought leadership activities.
  • Managing junior resources to deliver engagements, and developing their skills through training and knowledge sharing.
  • Helping in efforts to target a wide range of clients and to build client relationships, and staring to build client relationships in the Payments area.
The Ideal Candidate:
  • Experience in a compliance, risk, audit, technical, operational or product capacity in relation to payments within a Bank, Payments Processor, Payment Service Provider or Scheme.
  • An understanding of payment regulations and their implications on regulated entities, for example, PSD2, Interchange Fee Regulation, GDPR, and AMLD4.
  • Strong academics, including a minimum of 2.1 degree or equivalent.
  • A proactive mind-set, with the ability to take responsibility and drive key actions forward.
  • The ability to think creatively, generate innovative ideas, challenge the status quo and deliver effectively with what can often be ambiguous requirements.

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