Compliance Specialist, Finance & Banking

This job is with Fiserv, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Calling all innovators - find your future at Fiserv.

We're Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants, and consumers to one another millions of times a day - quickly, reliably, and securely. Any time you swipe your credit card, pay through a mobile app, or withdraw money from the bank, we're involved.

If you want to make an impact on a global scale, come make a difference at Fiserv.

Compliance Specialist

You will be the cornerstone for compliance monitoring and assurance for ISO Partner Solutions, implementing the compliance monitoring strategy for the business unit. You will collaborate with internal and external business partners to define and document the regulatory compliance operating environment and key risk indicators and build compliance testing plans using a risk-based approach.

• Perform risk assessments and internal control reviews, map controls to applicable regulations and Association/Network fees/fines.
• Identify, communicate, and ensure that fines/fees are included as pass-through items to clients and merchants according to contract schedules.
• Partner with Finance to ensure all fees/fines are identified and billed to clients/partners/merchants.
• Perform control assessments and tests to validate the strength and adequacy of the control environment with respect to fee/fine identification and client level billing and recommend remediation where needed to support all compliance obligations of Fiserv and our Clients.
• Prepare formal compliance fine/fee tracking reports to senior management and for review.
• Maintain effective working relationships with all business units/groups, and external auditing companies.
• Recognize and respond to emerging coverage and compliance issues.
• Work closely with the internal Compliance, Legal, Risk, Finance, Product and Service departments for guidance on all legal and compliance matters (including interpretation of laws, regulations, and payment network rules, as needed), in prioritizing compliance program efforts.
• Partner with all Product Teams to ensure that regulatory compliance requirements are incorporated into product design and development.

• 3 years of regulatory compliance or legal experience with financial services organizations.
• Extensive knowledge of the U.S. laws, regulations, and subjects applicable to Fiserv products and services, to potentially include and not limited to:
  Fair Credit Reporting Act (FCRA), Fair Debt Collections Practices Act (FDPCA), Unfair, Deceptive, Abusive, Practices (UDAAP), E-Sign Act, Privacy, Complaints, Identity Theft, Marketing, FACT Act/ Red Flags Rules, Telephone Consumer Protection Act (TCPA), CAN-SPAM.
• Knowledge of merchant acquiring, debt collection, credit reporting, merchant cash advance and associated regulations.

• Bachelor's degree.
• Deep experience responding to internal and external audits.
• Integrity, ability to work independently, and strong problem-solving skills.
• Ability to establish and maintain a strong monitoring and testing program to ensure ongoing compliance with applicable regulations.

This role is not eligible to be performed in Colorado, California, District of Columbia, Hawaii, Illinois, Maryland, Minnesota, New Jersey, New York, Nevada, Rhode Island or Washington.

It is unlawful to discriminate against a prospective employee due to the individual's status as a veteran.

Please note that salary ranges provided for this role on external job boards are salary estimates made by outside parties and may not be accurate.

• Apply using your legal name.
• Complete the step-by-step profile and attach your resume (either is acceptable, both are preferable).

Fiserv is proud to be an Equal Opportunity…