Card Schemes Compliance Manager

Social Discovery Group is the world's largest group of social discovery companies which unites more than 50 brands. For more than 20 years, we have been creating premium international dating services and social discovery apps with a focus on video streaming, AI technologies, entertainment, and game mechanics. Our product portfolio includes Dating.com, Cupid Media, Dil Mil, and many others. The products are already used by more than 500 million users in 150 countries around the world.

SDG Invests in social discovery technology startups around the world. Our Investments include Open AI, Patreon, Flo, Wildly, RAW, EVA AI, Clubhouse, Magnet, Tubit, Woebot, BamBam, Flure, Astry, Coursera, Academia, Harbour, Space, Auto1, DocSend, AppAnnie, Rapyd, Boom Supersonic, Trading, View, K-Health and many others.

We solve the problem of loneliness, isolation, and disconnection with the help of digital reality.

Our digital nomad team of more than 800 professionals works all over the world. Our international team of like-minded people and professionals solves ambitious daily tasks and creates truly global products. We value focusing on results, proactive approach, and we are always looking for new and unconventional ideas.

Our teams of digital nomads live and work remotely from Cyprus, Malta, the USA, Thailand, Indonesia, Hong Kong, Australia, Poland, Israel, Türkiye, Latvia, and many others.

To strengthen our current compliance team now we have an opening for a Card Schemes Compliance Manager to review apps and websites as per Visa, Mastercard, AmEx, PSD, and PSRs requirements.

Responsibilities:

- Own the end-to-end card scheme compliance process for the Company’s web products
- Understand Visa and Mastercard scheme rules and regulations and translate them into understandable requirements ready for the product teams to implement
- Act as subject matter expert on scheme rules and mandates
- Prepare and update internal handbooks to document compliance-related information and obligations
- Provide information and organize training for employees in areas related to payment schemes compliance
- Actively collaborate and provide guidance with a wide variety of internal stakeholders, including product, development, risk management, marketing, and business development on a range of issues related to payments compliance;
- Build scalable and effective processes for compliance product review and launch. Establish effective control procedures. Organize and conduct inspections concerning possible non-compliance
- Manage escalation of material regulatory and compliance issues and queries affecting the business
- Provide compliance advice on the risks associated with new products or product features as per payment systems regulations
- Structure and draft internal policies and documents as required for compliance purposes
- Work closely with colleagues across the global legal team to advise on payment issues in connection with the launch of features or projects
- Work closely with multiple Product teams to assess and manage how Scheme compliance issues will impact our products and our customers
- Collaborate with technical colleagues on the impact of Scheme compliance in relation to technical dependencies, requirements, and impact to technical delivery roadmaps
- Attend relevant card scheme industry events, working groups and webinars to ensure product and market knowledge is kept relevant by own initiative
- Where required assist in training the relevant colleagues in the group through insightful presentations regarding impacts and reasons for compliance changes and adjustments
- Conduct regulatory horizon scanning, interpret and disseminate information to management and staff about regulatory changes, and adapt policies and processes accordingly

Requirements:

- Bachelor’s degree in law
- 4+ years of experience in compliance, legal or other control-related functions in a financial institution, legal/consulting firm, or a combination of the above
- Fluent/native Russian
- Good command of English; argumentative and professional written communication
- Proven knowledge of PSD2, PSRs, VISA and Mastercard Core rules and regulations, SCA mandates, PCI DSS, and other payment industry-specific requirements are a must
- Experience in dealing with payment systems (Visa, AmEx, Mastercard), PSPs, and payment institutions
- Experience with developing and/or maintaining a compliance program within a financial institution or in regard to financial data is strongly preferred
- Familiarity with financial regulatory laws, rules, regulations, and industry best practices in the EEA and the UK will be advantageous but not a must
- Familiarity with high-risk industry scene, ability to work with high-risk regulations are a must
- Proven track record of driving results and building effective relationships
- Superior attention to detail and accuracy
- Strong organization and project management skills
- Ability to work in a fast-paced environment by multitasking effortlessly and managing competing priorities under demanding deadlines is a must
- Deals well with ambiguity and focuses on driving impact
- Capable of making smart decisions with imperfect information
- Discretion and personal integrity, especially with respect to sensitive financial, personal, and corporate information
- Strong writing and communications skills including the ability to articulate legal and regulatory obligations to multiple internal and external stakeholders
- Initiative and proactivity
- Time management and ability to self-organize under minimum supervision

We offer:

- Remote full-time work. We are a remote-first company. Our people have an opportunity to live anywhere in the world
- Opportunity to grow as an expert. We have extensive opportunities for development within the company and we offer reimbursement of external training costs
- Digital nomad culture, we regularly send our employees on trips around the world
- Fast-paced nature of a pre-IPO stage company
- Bonuses for outstanding task results and successful recommendations for open vacancies up to $5000 gross
- Our own line of branded clothing and accessories with corporate logos for various occasions
- Internal gamified gratitude system: get bonuses from your colleagues and exchange them for days off, our merch, massage/concert/sports certificates, etc.
- Paid vacation of 28 calendar days, sick leaves, and extra 7 paid wellness days per year
- Health benefits (compensation for the doctor’s paychecks up to $1000 gross per year) after the probation period
- Compensation for online English classes (and other 49 languages as well) after the probation period
- Children's education reimbursement. 50% compensation for the costs of kindergarten or school, up to $1000 gross per year per child according to the paychecks after the probation period
- Workplace organization (compensation for your workplace up to $ 1000 gross once every 3 years according to the paychecks: rent of the co-working room, equipping the working place at home (desk, chair, Internet, etc.) after the probation period.

Remote (Cyprus) Legal