Senior Technical Specialist Payment Partnerships at Absa Group Limited (Absa)

Job Description

Accountability: Relationship Management and Industry representation

• Evaluation of the impact of all new bulletins, mandatory releases, and compliance requirements to inform the BU product team’s decision regarding the change.
• Where additional time is required to comply, compilation of the motivation for a waiver to extend the timeframe to achieve compliance.
• Ongoing engagements and updates to the Card Scheme or PSO to ensure the correct level of support is available to evaluate and deliver the change.
• Maintain strong relationships with the Card Scheme and PSO partners and the product level relationships as these relationships will frequently be stress tested in various ways (Commercial, Contractual, Operational, Compliance, Change, New Opportunities etc.).
• Facilitate sessions between Product, Group Information Services (GIS) teams, Group Information Technology (IT), Group Finance teams, Product Control and Risk Management (IRM) teams to maintain and track the integrity of payment and settlement transactions across the value chain.

Accountability: Reporting, Analytics and Insights

• Lead the bi-annual Schemes Mandatory Release kick-off sessions with all the applicable internal stakeholders (Tech, Business, Change, Fraud, Compliance, Risk and Product Control and Design)
• Schedule clarification sessions with the PSO’s where required
• Attend all project meetings pertaining to bi-annual Mandatory Schemes Releases
• Support the Project Manager to ensure regular performance engagements, reporting and assessments are done.
• Manage and track all Bulletins and Mandatory Schemes Release roll-overs to ensure compliance on an annual basis.
• Reporting on identified risks associated with changes in the card schemes ecosystem and performance of change initiatives to achieve scheme compliance.
• Ensure that the BU product teams have line of sight to all applicable compliance programs and the impacted product areas are clear on any potential non-compliance triggers.
• Recommend changes to the way of work in accordance with best practice in the Card industry.
• Identify opportunities for the Card Schemes and PSO’s to share capability that further enhances our overall payments product offerings
• Contribute to the overall Risk management strategy across the Card payment value chain.

Accountability: Financial Management

• Engage Schemes Finance on any potential price changes applicable to PSO bulletins and Schemes Mandatory Releases.
• Ensure that all gaps are identified and closed when it comes to revenue and other leakages.
• Maintain the balancing process between Business, IT and Finance in order to optimize the revenue generated from payment partnerships
• Contribute to the optimization of the Absa Card Payment strategy, business planning processes and Book of Work deliverables.

Accountability: People Management

• Support the overall development of the Payment Partnership team activities.

Education

• Bachelor's Degree: Information Technology (Required)