Compliance Manager - Bengaluru, India - TerraPay

Description

About TerraPay

Global money movement, simplified

• Powering global payments across 7.5 billion bank accounts, 6 billion cards, and 2.1 billion wallets.
• 121 banking partnerships, 210+ send countries, 140+ receive countries.

TerraPay is the pulse of global payments innovation. We're the bridge that connects people and businesses worldwide, empowering them to effortlessly send, receive, and manage money across borders.

We have repositioned ourselves as a global money movement player that helps businesses manage their global payments for local payout needs through our extensive network.

Regulated across over 30 diverse markets, TerraPay stands out as the sole payment provider with such a broad reach. We harmonize the complexities of global money movement, orchestrating seamless transactions that transcend borders and cultures. We are driven by a commitment to inclusion and fuelled by innovative technology, we're reshaping the financial landscape, ensuring that international transactions are secure, swift, and hassle-free. Join us in simplifying global money movement with TerraPay.

Job Mission:

Responsibilities:

As Compliance Manager at TerraPay, your primary responsibilities will include:

• Acting as the compliance subject matter expert regarding the Visa / Mastercard scheme rules and requirements, advising on them and or translating them into business controls
• Acting as a trusted compliance resource regarding associated wider regulatory requirements such as PSD2
• Communicating with TerraPay team colleagues to help them where necessary to acquire a good understanding of scheme requirements regarding existing/new products and supporting their implementation as necessary as a key stakeholder.
• Working closely with TerraPay teams to address any differences in policies and procedures and regional scheme requirements.
• Working closely with product teams as required ensuring we meet scheme requirements and deliver good outcomes for customers and target markets, and in accordance with TerraPay product governance framework.
• Conducting compliance monitoring / testing of Visa / MasterCard scheme compliance as part of the wider TerraPay Compliance Monitoring Plan and approach.
• Advocating strong linkage with TerraPays risk team, supporting the risk management processes
• Identifying and managing scheme rule / regulatory changes relating to payment service products to ensure these are addressed/implemented in good time.
• Key stakeholders internal and external engagement and management (including audit , Scheme and FCA regulatory supervisory processes)
• Understanding and execution of compliance requirements which arise from outsourcing and third parties, including advising on policies, procedures, and compliance controls.

Qualifications:

Essential Skills:

• Preferably direct compliance experience / wider experience in card payments with a technical understanding of VISA / MasterCard scheme rules in the payment services or equivalent financial services space
• Knowledge and/or experience of associated regulatory requirements, including for example PSD2.
• Solid background in payments / financial services (Minimum of 3 to 5 years experience)
• Experience of Compliance processes and some knowledge of compliance frameworks
• Good understanding of organizational structures, and FS firms policies and procedures.
• Strong written and verbal communication skills.
• Project management skills an advantage.
• Well-developed interpersonal skills to provide a high level of service and maintain working relationships.
• Self-motivated, confident and capable of working both independently and in a team environment.
• Educated to degree level (in Legal, Finance or related subject) (Additional professional compliance qualification/accreditation an advantage)
• A track record of good achievement (within current work experience)
• Previous experience in a small firm, fintech or scale-up environment (an advantage)

Preferred Skills:

• Strong analytical skills and a keen eye for detail.
• Capable of simultaneously handling multiple tasks and meeting deadlines.
• Commercially minded
• Good planning, organizational and time-management skills.
• Results oriented and high achiever.
• Reliable, consistent and disciplined.
• High level of integrity.
• Tactful, diplomatic and politely persistent.
• Excellent engagement and people management skills

Benefits :

• A competitive compensation package, including performance bonuses.
• Join a global team with members from 45+ different nationalities spread across 5 continents.
• Enjoy 36 days of annual leave in addition to bank holidays.

Why TerraPay?

Joining TerraPay means becoming a part of a progressive team that's shaping the future of payments. We offer a collaborative environment that values diversity, fosters growth, and encourages innovation. As an Associate Business Operations Manager, you'll play a pivotal role in enabling seamless financial interactions worldwide.

Elevate your career and be a catalyst for global financial transformation with TerraPay. We're looking forward to welcoming you aboard

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