What does a great Compliance Specialist- Advisory do at Fiserv?
You will be the cornerstone for compliance monitoring and assurance for Biller Solutions, implementing the compliance monitoring strategy for the business unit. You will collaborate with 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.
You can look forward to the following responsibilities:
Perform risk assessments and internal control reviews, map controls to applicable regulations.
Perform control assessments and tests to validate the strength and adequacy of the control environment with respect to compliance requirements, identify gaps, and recommend remediation where needed to support the compliance obligations of Fiserv and our Clients.
Contribute to the establishment of policies and procedures and recommend necessary changes to d procedures, to ensure applicable laws and regulation requirements are met.
Prepare formal compliance reports to senior management and for review and approval.
Maintain effective working relationships with all business units/groups, and external auditing companies.
Coordinate across business functions and in consultation with the Compliance Team and Legal Department for regulatory examinations and audits.
Lead and conduct regulatory compliance reviews, audits, self-assessments, and systematic reviews for all products within the scope of responsibility.
Recognize and respond to emerging coverage and compliance issues.
Provide compliance answers to submitted queries.
Work closely with the internal Compliance, Legal and Risk 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 Biller Solutions departments to ensure that regulatory compliance requirements are incorporated into product design and development.
Participate in cross-functional team meetings to implement and execute company initiatives.
Represent the company in compliance-related discussions and meetings with internal and external clients.
Attend professional meetings, seminars, and continued education programs to remain current in compliance, regulatory requirements and company procedures.
Would you love a position where you can implement critical compliance strategies that will make a positive impact to the business? Are you an independent self-starter that enjoys a role where you can use your consulting skills to assess business needs? We want to hear from you!
Basic qualifications for consideration:
Minimum 5 years of Regulatory Compliance, Audit, or Operational Risk / Internal Control testing experience
Financial services industry experience
Experience conducting or supporting risk assessments, and applying results to build outcomes using a risk based approach
Experience developing compliance monitoring / testing plans
Experience with auditing, testing or assessing internal controls for compliance with established requirements, producing reports, and monitoring issue remediation
Ability to travel up to 15%
Preferred qualifications for consideration:
Bachelor's degree in related field
Payments Technology/Industry experience
Knowledge and experience defining and applying regulatory compliance requirements to technologies, data and business processes
Audit Assurance and IT controls testing experience
Compliance policy and process development experience
Regulatory training content development experience
Who we are:
Biller Solutions is a leading global provider of billing and payment solutions. Our multichannel solutions reach customers via mobile, online banking, biller website, walk-in, IVR and CSR channels. Our integrated, cost-effective billing and payment solutions include electronic and paper bill production and distribution, expedited and recurring bill payment, e-lockbox and remittance processing.
Fiserv is an Equal Opportunity Employer/Disability/Vet.