This global London based bank seek a Payments Scheme Assurance Executive with a Strong understanding of payment schemes specialising in FPS and CHAPS.

The primary objective of the Payment Scheme Assurance Executive role is to ensure that the bank's operational and technical processes align with scheme requirements, regulatory standards, and industry best practices.

This role aims to achieve the following key objectives: Scheme Compliance: Conduct thorough assessments based on scheme requirements to verify that the bank's operations meet the specified criteria, ensuring compliance with industry standards and regulatory guidelines.

Key Responsibilities

• Regulatory Adherence: Continuously monitor and verify that the bank's processing activities adhere to relevant regulatory requirements. Promptly address any non-compliance issues and collaborate with internal teams to implement corrective actions.
• Continuous Improvement: Actively contribute to the bank's efforts to enhance operational efficiency and scheme compliance. Identify areas for improvement in processes, procedures, and systems and work towards their implementation.
• Scheme Expertise: Develop a deep understanding of the Faster Payments Service (FPS) and CHAPS scheme operational and technical requirements. Provide guidance and training to internal teams to ensure comprehensive compliance with these schemes

ESSENTIAL SKILLS AND EXPERIENCE

• Minimum 2-3 years' experience within the financial services industry within payments and payment scheme participation
• Proven experience in scheme assurance, compliance, or a related role within the financial industry.
• Strong understanding of payment schemes, with a focus on FPS and CHAPS.
• Excellent attention to detail and analytical skills.
• Effective communication and interpersonal skills to work collaboratively with cross-functional teams.
• Ability to interpret and apply complex regulatory requirements.
• Strong organizational and documentation skills.
• Commitment to continuous improvement and staying up to date with industry change

Benefits include:

• Group life assurance x 4 salary
• Group critical illness plan
• Group income protection
• Generous pension contribution scheme
• Employee share plan
• Discretionary annual bonus up to 4 x monthly salary