Card Scheme Compliance Officer

Truevo Payments Ltd is a financial institution licensed by the MFSA and is a principal member of Visa and MasterCard. Truevo offers a range of payment services (acquiring) across multiple channels.

As part of our growth strategy, an opportunity has arisen for a Card Scheme Compliance Officer within our Legal and Compliance Department in Malta. The Card Scheme Compliance Officer shall report to the Chief Legal and Compliance Officer and will eventually be responsible for growing the Card Scheme Compliance Team as part of the Compliance function.

Key Functions:

• Responsible for ensuring that the company's policies and procedures comply with the relevant card schemes;


• Develop and oversee control systems to prevent or deal with violations of the card schemes’ rules;


• Evaluate the efficiency of controls and improve them continuously;


• Collaborate with various departments to implement and monitor enforcement of card schemes’ rules as updated from time to time;


• Perform periodic card scheme compliance risk assessments;


• Lead employee training sessions on issues relating to the card schemes;


• Assess the company’s future ventures to identify possible card scheme compliance risks;


• Keep abreast of regulatory developments in relation to the relevant card schemes;


• Prepare card scheme compliance reports for the Chief Legal and Compliance Officer;


• Prepare reports as requested by the card schemes from time to time;


• Managing notifications and non-compliance assessments received by the card schemes;


• Foreseeing implementation of requirements that arise from the card schemes from time to time; and


• Acting as a contact point with the card schemes as required.

Skills and Experience:

• A minimum of 3 years’ experience working as a Compliance Officer, Head of Compliance or similar position in the banking or payments industry;


• In-depth knowledge of the payments industry standards/processes and regulations (including the payment card schemes regulations);


• Experience in communicating with the card schemes (Mastercard and Visa);


• Excellent knowledge of reporting procedures and record keeping;


• Methodical and diligent with outstanding planning abilities;


• Excellent communication skills.

Education:

• Certification as a compliance professional;


• Degree in law, finance, business administration or related field is considered to be an asset.

Personal attributes:

• High sense of integrity and respect towards fellow colleagues and customers;


• Able to work with minimum supervision at times and deliver within strict deadlines;


• Motivated, reliable and self-driven individual;


• Passion and positive attitude towards work;


• Organised, efficient, looking to progress and succeed within a results-driven team.

Truevo Payments Limited - KMP-57879