At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
The Network Compliance Manager is responsible for maintaining a high degree of knowledge of Payment Network (Visa, Mastercard, American Express) operations, products, and services. Ensures compliance with Network Operating Rules and Regulations for all Payment Network brands issued by PCS. Leads bi-annual release event projects for PCS. Responsible for review and distribution of all Network communications and works with internal stakeholders to identify impacts and solutions to achieve compliance. Manages PCS noncompliance and negotiates waivers with Payment Networks as needed to mitigate fine exposure.
Responsibilities:
Network Compliance and Communication Management
Compliance with Network Operating Rules and Regulations for all Payment Network brands issued by PCS
Oversight of regular system enhancements required by the Payment Networks, including identification, communication and management of related technical, financial, and operational impacts
Review and analyze all network communications (mandates and bulletins) and master content, including business justification behind changes
Review and distribute network communications, assess business impacts, research questions, and resolve issues through proactive engagement of internal and external stakeholders
Manage Digital Certificate lifecycles, working with internal and external stakeholders to ensure certificates are updated/replaced ahead of expiration to support business continuity
Maintain thorough and comprehensive project documentation
Noncompliance and Waiver Management
Identify and research business solutions, facilitate cross team coordination, and support project implementations
Own Network Compliance-related Internal Controls and manage periodic audits and control testing by the BLQA group
Preferred Skills and Education:
Bachelor’s degree in management or related field
8 years’ experience in Product or Project Management or Operations
5+ years of experience managing resources in the payments and/or operational area
Comfort and acumen in dealing with fast-paced, highly ambiguous and rapidly evolving environment typical of early-stage business formation
Strong working knowledge of the financial industry, card processing, card networks, and operations, including an understanding of how the money moves between platforms and related interchange and other card fee structures
Demonstrated ability to ensure compliance controls and interpret regulatory requirements
Strong written and verbal communication skills, including the ability to present across all levels of the organization
Analytical, Critical thinking and problem-solving skills
Highly organized with the ability to handle multiple projects simultaneously and experience implementing process changes and improvements
Demonstrated ability to develop effective working relationships with business stakeholders at all levels, including executive managers and vendors, and excel in a large, complex organization
Keys to Success:
Building long-term collaborative relationships
Willingness to jump in and learn – often on short notice
Engage across the organization
Critical Thinking
Self-leadership
Drive results
Foster innovation
Personal energy
Curiosity
Resourcefulness
Location Expectations
The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $111,605.00 - $131,300.00U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.