South Africa Job Openings

Standard Bank

Analyst: Value Chain Risk Optimization and Compliance

Johannesburg

FULL TIME

November 4, 2024

Job Overview
Business Segment: Business & Commercial Banking
Location: ZA, GP, Johannesburg, Baker Street 30
Job Type: Full-time
Job Ref ID: 80303480A-0001
Date Posted: 11/4/2024

Job Description

To Manage the interface with the Payments Association of South Africa (PASA), the Card Schemes (e.g., Visa, Mastercard), Payment Service Providers (PSP), merchants and various internal stakeholders to ensure that Card Acquiring complies with PCI-DSS (Payment Card Industry Data Security Standards) regulations.

To manage and co-ordinate various Card Acquiring value chain touch points (e.g. merchant services (reports and/or requests for information), operational processing and risk / compliance interfaces).

Qualifications

Minimum Qualifications
Type of Qualification: Undergraduate Degree
Field of Study: Business Commerce, Finance and Accounting

Experience Required
5-7 Years solid understanding of the card and payments landscape, along with familiarity with general banking products, practices, and procedures. Knowledgeable about card product regulations and compliance, as well as the principles and practices governing card operations. Proficiency in Card Scheme rules, operational regulations, and online portal requirements is essential, as is familiarity with the processes for submitting waivers to Card Schemes. Additionally, aware of Card Scheme breach conditions that may result in penalties, and have a solid grasp of the Financial Advisory and Intermediary Services Act (FAIS).

Additional Information

Behavioral Competencies:
Adopting Practical Approaches
Articulating Information
Convincing People
Developing Expertise
Embracing Change

Technical Competencies:
Asset Management
Financial Acumen
IT Systems
Knowledge of Banking & Financial Service
Service Level Management
Value Identification

Please note: All our recruitment processes comply with the applicable local laws and regulations.

We will never ask for money or any form of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or Transaction Fraud Ops SA@standardbank.co.za

Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or Transaction Fraud Ops SA@standardbank.co.za
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