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Company: Mastercard
Location: Pune, MH, India
Career Level: Entry Level
Industries: Banking, Insurance, Financial Services

Description

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Title and Summary

Scheme Compliance Officer Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential.
Our decency quotient, DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

The Processing team in is looking for a Compliance Officer to ensure payment scheme compliance originating from releases and bulletins (announcements). The ideal candidate is passionate about the payments industry, driven, highly motivated, intellectually curious, analytical.

In this position, you will:
• Organize communication with external and internal stakeholders – Mastercard, Visa, vendors, peers, and Issuers.
• Collaborate with the Product team on implementing mandates (readiness stage), and Delivery on implementing the mandates for Issuers.
• Pro-actively monitor, download, and distribute compliance bulletins, announcements, release documentation.
• Screen, categorize, read all bulletins and announcements to identify mandates, that may have impact on Mastercard Processing and clients (Issuers).
• Perform high level impact analysis for all the mandates which apply to Mastercard Processing, create required documentation and backlog entries.
• Be part of compliance AGILE team, closely co-operating with Product Owner, Scrum Master & the rest of the team.
• Be the face and voice of the Compliance AGILE team in front of internal stakeholders & clients (Issuers).
• Conduct new market analysis regarding regional and local scheme compliance regulation.

All about you
The ideal candidate for this position should:
• Have experience in managing payment scheme compliance at a processor, bank or financial institution.
• Understand risk management concepts.
• Understand regulatory framework of financial services.
• Be familiar with the payments industry and the card processing business.
• Have well developed communication skills.
• Be proficient in English (written and oral).
• Be self-driven, results oriented, ready to work in a dynamic, international environment.

Come and join our Agile team and work in the most innovative industry.

Corporate Security Responsibility


All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

  • Abide by Mastercard's security policies and practices;

  • Ensure the confidentiality and integrity of the information being accessed;

  • Report any suspected information security violation or breach, and

  • Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.




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