Team Head, Payments Control Service

An outstanding opportunity to establish and lead the newly founded Large and Anomalous Payment Control function under Group Payment Board COO. The role will involve:

• Providing Governance, Rule & Model Management and Advisory Services, Business Sup-port, MI Reporting and Product Management for the function.
• Managing a global team of approximately 10+ resources in target.
• Working closely with change team to onboard applications and it’s payments onto the new control service and work to transition the support function from project to BAU.
• Ensuring that the new control is compliant with the firm’s bank-wide SOX/Control Activities Framework (CAF) framework for Core payments processes.
• Ensure the new control is compliant with the firm’s Information Security policies and practices.
• Manage existing, and develop new AI/ML-based models to detect anomalous payment patterns.
• Engaging with payment experts, officers and stakeholders in corporate functions, business divisions and the Non-Financial Risk and SOX 404 team to continuously monitor efficacy of the new control.
• Monitoring risks and issues, ensuring timely resolution and escalation to payment process owners and broader stakeholders across the firm.
• Continuously driving quality, control and innovation in the bank’s payments processes
• Being influential in designing automated control testing and monitoring capabilities for payments
• Working in close collaboration with other senior leaders in the Payments Control and Enhancement Program, the bank’s strategic roadmap for Payment Processing
• Communicating with regulatory bodies and internal control and risk functions

Your future colleagues

The Group Payments Board COO team is a growing team in Zurich.
The Payments Control and Enhancements Program (PCEP) was established to reduce payments risk and provide a more holistic approach and framework to payments management and processing with-in the bank. As a multi-year Top Program with executive sponsorship, PCEP’s four key objectives are to:

1. Reduce the risk of erroneous payments leaving the bank
2. Ensure payment capabilities are resilient and secure
3. Enhance payments control framework
4. Assess end of service life issues in payment applications.

The team is dedicated, hardworking and used to work independently as well as collaboratively. We work with a high level of integrity, attention to detail and look for a colleague who shares our passion and high standards. We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm’s D&I ambition which is an integral part of our global cultural values.

We are looking for a LAPC Service Owner to have the following skills and expertise:

• Sound knowledge and expertise in Risk Management policies and practices, including CAF/SOX.
• Familiarity with AI models and Model Risk Management policies and procedures.
• 10+ years of experience in Financial Services, preferably Payments and knowledge and experience of managing payment processes
• Managing risk – Demonstrated experience in evaluating risk likelihood and impact; taking into account all risk factors to balance risk, service and cost when communicating risk implications and contingency plans
• Delivering business value and productivity – Taking accountability for organizing and delivering work to maximize business value for clients and stakeholders, establishing what can be delivered and viability of solutions
• Ability to driving change with resilience and adaptability - The ability to navigate a way forward through uncertainty and ambiguity with a positive mindset, embracing change
• Analytical approach - A logical approach to problem solving, making rational decisions based on analysis of data from a wide range of sources
• Creating a collaborative open culture – Effective collaboration across organizational boundaries; actively encouraging inclusivity and diversity and facilitating open communication between teams
• Strategic thinking – A strategic, creative approach, proactively seeking opportunities to drive continuous improvement and change
• Relationship building – Strong, adaptable relationship building skills across colleagues, stakeholders and external partners at all levels
• Influencing and presenting information – Effective communication and presentation skills with the ability to present complex information in an understandable, relevant and engaging way
• You have the ability to chair and manage governance meetings with senior management, balancing competing views, negotiating collaborative agreements with beneficial outcomes for all partners
• Understands the value of diversity in the workplace and is dedicated to fostering an inclusive culture in all aspects of working life so that people from all backgrounds receive equal treatment, realize their full potential and can bring their full, authentic selves to work

*LI-CSJOB*

M. Imfeld would be delighted to receive your application.
Please apply via our career portal.