Acquiring Payments Compliance - Product Consultant
Posted on: 10 Jul 2021
Charlotte, NC
Job Description
Job Description:
Provide subject matter expertise related to the interpretation of Payment and Debit Network rules and regulations with internal and external stakeholders
Build strong relationships with the Payment and Debit networks leading to the ability to influence rule changes and advocate for waivers / leniency for rule violations. Also, serve as an escalation point with the networks for compliance related matters.
Manage Acquiring Payment and Debit Network Compliance Monitoring Programs
Engage with cross-functional stakeholders and merchant clients to lead remediation of compliance violations.
Support data analysis and identify the root causes of compliance and brand risk violations
Lead analysis of proposed rule changes and work with cross-functional stakeholders to communicate and operationalize required changes
Lead monitoring and reporting of compliance performance metrics
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America
Charlotte, NC
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans.
This segment provides its products and services through approximately 4,300 financial centers; 16,300 ATMs; call centers; and digital banking platforms. The GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions targeted to high net worth and ultra high net worth clients, as well as customized solutions to meet clients’ wealth structuring, investment management, and trust and banking needs, including specialty asset management services.
The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services.
The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1874 and is headquartered in Charlotte, North Carolina.
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IndustryBanking/Financial Services
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No. of Employees205,000
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Website
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Jobs Posted2694
