Solutions: BaaS & Payments Programs
Company: Financial Institution

This is a rare, ground floor opportunity to join a well-established, award-winning financial institution in its emerging Payments, BaaS & Fintech Sponsorship business. You will play a pivotal role as you oversee and support a variety of innovative card & payments products & programs, serving as as the subject matter expert (SME) for the implementation of new ICA/BIN projects and/or other ICA/BIN related activities requiring support. Join a team with strong, experienced leadership from payments industry veterans where you will participate in the coordination and implementation of new card programs and setups as they relate to card networks (Visa, Mastercard). In this fully remote role, you will act as the liaison across various stakeholders including external (card networks and processors) and internal resources (accounting and implementation) to provide excellent continuity and support for clients and management. If you have Operations experience in financial services, card, payments or fintech program management, preferably related to card network rules, reporting, and compliance, this could be a great place for you to utilize your skills to make a significant impact, where you will enjoy plenty of room for growth and career advancement. If card network rules are very familiar to you, and you are ready for exciting career move in 2025, this could be a great fit for you!

Key Responsibilities:

• Hold responsibility for all activities involved with requesting a new ICA/BIN including setup and certification.
• Manage all activities involved in the termination of a card program including returning the ICA/BIN
• Manage all activities involved with an ICA/BIN transfer from another BIN sponsor bank
• Serve as the subject matter expert (SME) for the implementation of new ICA/BIN projects and/or other ICA/BIN related activities requiring support.
• Serve as subject matter expert (SME) for the day-to-day direction of updates to internal teams, Account Managers, Implementation, Compliance and Legal, regarding BIN implementation and maintenance
• Ensure the appropriate network and account set-up for new card programs
• Enforce processes, implementation consistency and compliance with network guidelines with internal departments and Partners
• Create and manage the network tasks in new card program plans/timelines to accomplish implementation project goals
• Support the team as the card network professional for meeting network reporting and maintenance activities
• Coordinate compromised card reporting with Program Managers
• Maintain updated and current listing of all BINs in each network with each Processor
• Perform quarterly reporting for all card networks
• Review monthly invoices to determine Partner billing
• Ensure card Programs are compliant with card network brand and rules standards
• Administer network portals, provisions internal staff and Program Managers (Visa Online, MasterCard, MC Connect, Discover Issuer Portal, and Pin Networks)
• Route network communications to Program Managers when necessary
• Update Program Managers and Processors on new network rules and alerts
• Register Program Managers per network requirements
• Support the standard network reporting and maintenance requirements of existing card programs
• Effectively use Microsoft Office Suite and other applicable software solutions
• Comply with organizational policies and procedures
• Represent the organization in a positive and professional manner
• Attend all mandatory in-services, training, and staff meetings (10-15% travel)
• Maintain confidentiality of customer and organization information
• Maintain effectiveness when experiencing major changes in work tasks or the work environment, adjusting effectively to work with new structures, processes, requirements, or cultures
• Ensure compliance with the Bank Secrecy Act and Anti-Money Laundering laws and regulations
• Perform various duties and responsibilities as assigned

Ideal Background:

• Skilled in presenting and communicating information
• Knowledge of the financial industry, specifically payment card programs
• Ability to persuade and influence
• Ability to capitalize on current client relationships
• Skilled in leading and supervising
• Knowledge of banking regulations related to deposits/cards and payments
• Skilled in formulating strategies and concepts
• Ability to plan and organize
• Project management skills
• Knowledge of business risk management
• Bachelor’s degree in Business Administration, Finance, or Marketing; or equivalent related experience
• 5-10+ years of experience in banking, specifically fintech and payments
• Demonstrated ability to manage/lead complex projects and large teams
• Possess a valid driver’s license
• Bondable, with ability to pass a background check due to accessibility of Personally Identifiable Private Information

Contact:

Ian Horsted
605-275-8803
Ia*@Ra********.com
Schedule a Call with Ian