Payment Specialist - Sandton, South Africa - Discovery Ltd.

Discovery Ltd.

Verified Company

Sandton, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Business Unit:
Discovery Bank
Function:Treasury
Date:2 May 2024
About Discovery
Discovery's core purpose is to make people healthier and to enhance and protect their lives.

We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery.

Our fast-paced and dynamic environment enables smart, self-driven people to be their best.

As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Bank
Discovery Bank is a bank like no other - a shared-value bank, designed with our clients in mind.

We're all about sharing the value that clients create when they manage their money well, back with them through exceptional interest rates and rewards.

Our Vitality Money programme measures how well clients manage their finances, informs them of what it means to be financially healthy, and empowers them with the knowledge to get enhanced rewards for managing their money well.

If you're adaptable, a problem-solver, always questioning the way things are done, passionate about doing what is right, and obsessed with providing a quality service experience, we have a job for you where you can be your best in an environment that's safe and nurturing.

About the Payments team
Discovery Bank wishes to enhance our current payments and VAS offerings and continuously introduce additional payment stream capabilities. As such, we need to complement our current capacity and capabilities within the Payments Business team.

We are looking for a smart, energetic, experienced, and dynamic achiever who take initiative and ownership, and who thrive on constant challenges and high-speed change to join the Payments Business team on this journey.

If you have an entrepreneurial mind and appreciate calculated risks, then the Discovery Bank "Payments" team will liberate you to realise your full potential.

Job Purpose

To ensure that the Bank's payment and VAS offerings are innovative, differentiated, and disruptive.
To provide expert input into product design and delivery
To ensure payment offerings are compliant with industry regulations.
To represent the Bank in the payments industry.

Areas of responsibility may include but not limited to

Subject matter expert on Payments and Payments related processes across the value chain to provide expert input into new Payments' products.
Owner of assigned Payment Products.
Continued management of assigned products to ensure the products operate as per design, and enhancements are identified and delivered.
Provide advice and guidance to the Product, Customer and Operations teams to ensure optimal development and management of payments and VAS solutions.
Assist the various teams building new payments / VAS streams and enhancing current payment offerings, including mapping out processes while assessing the business and customer experience and the commercial impact.
Manage the current Public Beneficiary process and timeously implement new beneficiaries as and when required.
Liaise with the PASA and any other relevant Association(s) to receive and understand latest mandates, compliance and system related features which are to be enhanced or to be included into Bank's own systems.
Ensure that industry and scheme rules are correctly interpreted and implemented in the design process.
Monitor and evaluate emerging payment technologies and business models both in South Africa and the rest of the world.
Analyse key indicators and competitor information to ensure that emerging industry trends are noted and understood.
Continuously look for opportunities to create competitive or innovative payment and VAS differentiators for the Bank.
Working with and influencing industry strategies at PASA and attendance at relevant PCHs and other industry forums

Knowledge and Skills

Computer literacy,

Microsoft Office:
Outlook, PowerPoint, MS Word, MS Excel.

Knowledge of Project Management methodology
Analytical and problem solving, with Business Analyst skills.
Financial and accounting knowledge understanding basic financial accounting and financial principles.
Knowledge and experience of the payments industry, schemes and regulations and more specifically, the National Payment System (NPS)
Business case development

Personal attributes

Flexible with an ability to deal with ambiguity and continuous change.
Strategic thinker able to conceptualise and translate payments strategy into tangible outputs.
Detailed and precision orientated to ensure financial processes are sufficiently robust for compliance and risk purposes.
An ability to deal with complex issues and migrate between detail and highlevel requirements.
Exceptional analytical and problemsolving skills.
Independent selfstarter who also works well