Analyst: Value Chain Risk Optimization and Compliance

at  Standard Bank

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

Please refer the Job description for details