Director Scheme and Bank Relationships - Immediate Start

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Job Description - Director Scheme and Bank Relationships - Immediate Start

We are in need of an influential Director Scheme and Bank Relationships to join our inspiring team at Nuvei in Singapore, Singapore, Singapore.
Growing your career as a on_site Director Scheme and Bank Relationships is a remarkable opportunity to develop relevant skills.
If you are strong in time management, analysis and have the right attitude for the job, then apply for the position of Director Scheme and Bank Relationships at Nuvei today!

Title                                        Director, Scheme & Products – Asia Pacific
Desired Location                   Singapore

Hybrid

 

The world of payment processing is rapidly evolving, and businesses are looking for loyal and strategic partners, to help them grow.

WE ARE NUVEI.  Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. Nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 45+ markets, 150 currencies and more than 600 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.

At Nuvei, we live our core values, and we thrive on solving complex problems. We’re dedicated to continually improving our product and providing relentless customer service.   We are always looking for exceptional talent to join us on the journey!

Your Mission 

As part of Nuvei’s global growth and specifically its current expansion to AP, we are seeking a seasoned Director who will work closely with all major Schemes (i.e., Visa, MasterCard, Discover, American Express, Local Schemes, China Union Pay, JCB) and a range of their Products and Solutions in developing and cementing Nuvei’s partnerships and growth trajectory in this key region.  This individual will work closely across all Schemes on ongoing communication related to mandates, new releases, rules, and compliance requirements. To build the scheme rules program for our products and services within the Card Scheme environment to all providers. Identify Scheme opportunities and align Nuvei resources to pursue these opportunities across all markets in each region Nuvei operates within.  This role will also support our market entry across the region.  This individual will coordinate with Nuvei Acquiring Development team and ensure that projects are on schedule, meet the local requirements, and provide Nuvei with a competitive advantage.  Finally, this role will also align with Nuvei’s Financial Institutions team ensuring smooth relationships with our local and regional banks.  This is a revenue generating role which requires strategic thinking, understanding of the payment landscape, and ability to manage relationships at the C level.  This individual will represent Nuvei at industry events and be the voice of Nuvei across all schemes. 

 

This is a perfect opportunity for you to make a significant mark on the Company’s progress in the industry. You will have extensive payment industry knowledge and experience with excellent interpersonal skills to work with various cross functional teams in ensuring the scheme rules are implemented swiftly and in a timely manner.

Key responsibilities include, but are not limited to:

·       Keen ability to identify and pursue growth opportunities and cost reduction initiatives that will propel the growth of Nuvei in this critical market.

·       Develop and cement relationships at the C level to position Nuvei as an Acquirer of choice. 

·       This role will require close coordination with Nuvei Product, Sales, and Finance teams.

·       Understanding schemes rules and regulations, bulletins and changes, translating them into clear requirements ready to be implemented by the relevant personnel.

·       Regularly communicating internally regarding the scheme requirements to existing/new products and supporting their implementation. The cross functional environment will include working with Acquiring Development, technology, compliance, legal, pricing, operations, and sales teams.

·       Understand the Scheme and Financial Institutions key objective and align resources to partner with Schemes on winning opportunities. 

·       Keeping abreast with compliance requirements which arise from third-parties, including advising on any changes to our policies, procedures and controls through validation and implementation.

·       Liaising with the product teams to build a product that delivers a great user experience whilst also ensuring we meet scheme requirements and deliver good excellent outcomes for customers/markets.

·       Ensuring that risk management processes and controls for payment services products are robust, with regular assessment, and any notifications are actioned in a timely manner.

·       Identifying and implementing any regulatory challenges and changes to payment services products.

·       Liaising with key internal (e.g. Development, Legal, Risk, MLRO etc) and external (e.g. Regulators, advisors, vendors, partners etc) stakeholders as required

·       Developing and managing the scheme compliance monitoring plan

·       Producing scheme reports and management information with regular updates.

·       Build and solidify our relationships with other Acquirers, local schemes, and PayFac players.

 

Qualifications include, but are not limited to:

·       5+ years experience within payments / Fintech industry while demonstrating strong knowledge of the payment space, especially acquiring and/or major schemes such as Visa/MC, is a plus.

·       The role requires strong attention to details, strategic vision, and a profound focus on execution. 

·       The ideal candidate will have excellent written and verbal communication skills and can convey clear messages to internal and external executives. 

·       Knowledge of the payments space and all key players including issuers, acquirers, merchants, PayFac, Acquirers, Financial Institutions and networks.

·       Capable of managing card scheme rules from identification and inception to implementation.

·       Knowledge and experience of the regulatory requirements relating to payment services (PSRs, EMRs, PARs, PSD2).

·       Knowledge of interconnecting regulations, such as the Interchange Fee Regulations.

·       Knowledge of the payment landscape and ability to identify potential growth opportunities. 

·       Being a strong team player who can work effectively across teams and functions. 

 

 

Nuvei is an equal-opportunity employer that celebrates collaboration and innovation and is committed to developing a diverse and inclusive workplace. The team at Nuvei is comprised of a wealth of talent, skill, and ambition. We believe that employees are happiest when they’re empowered to be their true, authentic selves. So, please come as you are. We can’t wait to meet you. 

Benefits (COMPLETED BY TA TEAM)

·       2.5 additional days of annual leave a quarter, if company hit quarterly targets

·       Private Medical Insurance 

Working Language

·       English (written and spoken) is the language used most of the time, as work colleagues, clients, and strategic suppliers are geographically dispersed.


Benefits of working as a Director Scheme and Bank Relationships in Singapore, Singapore, Singapore:


● Excellent Benefits Package
● Professional Development Opportunities
● Generous Compensation
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