Interchange Compliance Manager
Job purpose:
An opportunity has become available in the Member Profitability Department within the Legal Division for an Interchange Compliance Manager. This role will report to the Operational Interchange Manager and will have the primary responsibility to:
- Manage interchange compliance cases/processes end-to-end
- Manage interchange fee Implementation
- Provide support on other Operational aspects around Manual Adjustments, Interchange
publication and internal/external interchange queries
Key Accountabilities:
- Lead the management of interchange compliance issues ensuring that all relevant parties are involved and cases are settled satisfactorily.
- To liaise with Relationship Management and Clients in order to solve interchange compliance issues.
- To manage implementation of interchange development projects. Work with the technology group to ensure accurate and timely implementation of fee changes.
- To manage interchange fee publications that often change with each interchange development project via: Technical Member Letters, Operating Regulations, Interchange Guide and Website.
- To manage and lead process improvements to enhance proactive compliance monitoring e.g. effective rate analysis database
- Support financial adjustments as required
Desired Skills Experience
- The successful candidate will ideally hold a Financial / Business qualification
- Sound exposure to interchange / inter-bank fees.
- Experience in a Finance related role. Experience dealing with highly sensitive and complex issues.
- In depth knowledge of interchange reimbursement fees structure and governance, general understanding
of the different systems used for authorisations and transaction clearing. - Advanced financial modelling and data management skills (i.e. via Excel and Access).
- Experience of project management and stakeholder liaison (internal and external).
- Ability to work effectively with external professionals, including lawyers and accountants.
- Attention to detail, accuracy and materiality.
- Sound inter-personal and communication skills at the senior management level.
February 8, 2012
• Tags: City of London Job in London, Interchange Compliance Manager, London Uk • Posted in: General