Assistant Manager - Payments Service

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Job description

Are you ready for a new contract?

Do you want to continue your career in one of the Bi 4?

Role:
Supporting our client to develop a suite of payment services, in relation to rules, industry guidance, regulatory reporting forms, and central bank policies & procedures to implement new payments in relation to legislation for PSPs (Payment Service Providers) and PSOs (Payment System Oversight), for a foreign central bank.
PSP Capital requirements
PSO guarantee fund to reduce operational and settlement risks
Rules and guidance in respect of
o Electronic Cheques
o Electronic Direct Debit mandates
Rules specifying requirements between PSPs and between PSOs
Rules, guidance, forms, and supervisory policies linking to major incidents for PSOs
Rules setting pricing limits for PSPs and related to electronic copies.

The individual:
Strong understanding of payments, in terms of regulatory expectations on PSPs, and a broader awareness of payment systems and PSO obligations (the UK and international perspective)
Experiences in writing rules, policies & procedures.
Ability to review existing draft rules and apply a pragmatic, client-centric approach, ensuring requirements are met, whilst supporting the clients understanding of the international payments landscape.
o Ensuring the end deliverables meet the clients' requirements
o Integrating international good practice to future proof the rules.