Card Payments Compliance Specialist

Card Payments Compliance Specialist

We’re looking for a Card Payments Compliance Specialist to join our team in the Austin office. This role is a unique opportunity to have an impact on Wise’s mission, grow as a professional, help save millions more people money and work in a disruptive, fast-growing and fun environment.

The Spend Ops team is supporting the Product on building: reliable, convenient and eventually free product to spend anywhere in the world.

This role is a unique opportunity to have an impact on Wise’s mission by contributing to building and supporting operationally sustainable cross-border products and help save millions more people money.

Job Summary

The Card Payments Compliance Specialist is responsible for ensuring the Spend Ops team’s technical and operational compliance with Visa and Mastercard scheme requirements. This role involves monitoring compliance, implementing technical solutions to meet scheme standards, conducting audits, and providing guidance on regulatory requirements specific to payment card industry schemes.

Key Responsibilities

Regulatory Compliance:

• Ensure compliance with Visa and Mastercard regulations, including Payment Card Industry Data Security Standards (PCI DSS).
• Maintain up-to-date knowledge of Visa and Mastercard scheme requirements, regulations, and industry best practices.
• Contribute to the development and implementation of technical compliance policies and procedures.

Technical Implementation:

• Work with development teams to ensure that systems and applications meet Visa and Mastercard compliance requirements.
• Contribute to the implementation of technical controls to comply with scheme standards.
• Perform regular assessments of systems to identify and mitigate compliance risks.

Audits and Assessments:

• Contribute to internal audits of technical systems to ensure adherence to Visa and Mastercard compliance standards.
• Prepare for and facilitate external audits and assessments, ensuring all necessary documentation and processes are in place.
• Identify and address compliance risks and gaps, providing recommendations for remediation.

Training and Communication:

• Support the development and delivery of training on Visa and Mastercard compliance requirements.
• Communicate compliance policies, updates, and changes to relevant stakeholders.
• Provide technical guidance and support to departments and teams on compliance-related issues.

Reporting and Documentation:

• Maintain comprehensive records of compliance activities, audits, and assessments related to Visa and Mastercard schemes.
• Prepare detailed reports on compliance status, issues, and actions taken.
• Ensure accurate and timely submission of compliance reports to Visa, Mastercard, and other relevant regulatory bodies.

Continuous Improvement:

• Stay informed about changes in Visa and Mastercard scheme requirements and industry standards.
• Recommend and implement improvements to compliance programs and technical processes.
• Collaborate with cross-functional teams to integrate compliance considerations into business operations and system designs.

Key benefits:

🚀 RSU’s in a rapidly growing company after a year with us

💻 Hybrid working model – A combination of work-from-home and from the office

✈️ Wisers can work remotely for 90 days a year. By ‘remote’ we don’t just mean from home, but from wherever in the world you choose to

💪 An annual self-development budget

🩺 Medical, dental, & vision insurance – including HSA and FSA options

💝 Company-paid: Life Insurance, Short & Long-Term Disability, and an EAP program

☀️ 25 days PTO, 15 sick days, 11 bank holidays, 5 compassionate leave days, 3 paid “Me” days and a paid volunteer day, annually

🏝️ A paid 6-week sabbatical leave after four years

👶🏼 18-weeks of paid parental leave, after a year with us

💰 401k with up to a 4% employer match

🏆 BuiltIn Award winner for Best Places to Work and Best Large Places to Work

Click HERE for more info on our benefits Austin

Requirements

Experience:

• Minimum of 3-5 years of experience in a compliance or specialist role, preferably within the payment card industry.
• Proven experience with Visa and Mastercard compliance requirements and technical standards.

Skills:

• Strong understanding of Visa and Mastercard scheme compliance
• Familiarity with card processing technologies (ISO 8583, EMV tokenization, 3-D Secure and PCIDSS)
• Strong attention to detail and organisational skills.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Proficiency in compliance software, security tools, and technical documentation.
• Knowledge of SQL and other Business Intelligence tools like Looker, Superset or Snowflake is a plus.