Manager - Payment Regulatory Team
Our Payments Regulatory team provides advisory services to assist leading organisations within Financial Services across the entire Payments eco-system.
KPMG has a proven track record of helping clients in this area, and we have significant growth plans given the opportunities arising from increasing innovation across the payments landscape, along with regulatory scrutiny and supervision.
Our Payments team members possess a variety of core assurance and advisory skills and have considerable industry knowledge and specialist expertise of the UK Payments Regulatory environment.
The UK Payments Practice advises some of the most high-profile financial services organisations to unlock potential and drive profitable growth.
The UK Payments Practice is a critical part of KPMG’s Financial Services Regulatory Consulting team and has an established and recognised team delivering to its strategy and propositions.
The UK Payments Practice vision is that organisations we work with keep winning in terms of top line growth, bottom line performance and regulatory excellence.
To deliver against this vision, we have built a talented and determined team who are hands-on’, focused on results and will always go the extra mile for our clients, and for each other.
Advising and managing clients on the impact of changing Payments regulation on their business models and supporting them through that change, including in the following areas :
Payments infrastructure change programmes, e.g. new payments systems;
Payments strategy, e.g. access to cash including retail and wholesale agendas;
Payments compliance readiness, e.g. PSD2 and safeguarding; and
Payments regulatory assurance, e.g. PSD2 and other regulatory reporting requirements.
This includes supporting clients in respect of :
Governance, risk, controls and corporate culture;
Conduct risk frameworks and issues; and
Horizon scanning and the impact of regulatory change.
The role will involve the management of KPMG client engagements and includes :
Supporting firms in the delivery of their own regulatory and compliance responsibilities;
Delivering client engagements, working in both small sized teams and larger, multi-disciplinary teams. This would include the whole engagement lifecycle : Planning to completion and reporting directly to the engagement manager and partner;
Keeping up to date with industry specific issues and circumstances which affect payments regulation;
Supporting the provision of advice regarding regulatory requirements affecting the payments sector; and
Assisting in the preparation of presentations, training, thought leadership, and marketing materials.
Qualifications and Skills :
Minimum of five or more years work experience within payments, regulatory and / or risk management within financial services organisations.
Knowledge of and experience in payments strategy, regulatory driven change and payments system transformation.
Technical regulatory knowledge of payments.
Working knowledge of the latest developments in payments regulation.
Strong understanding of businesses, structures, governance frameworks, and process and control infrastructures of firms in the payments sector.
Strong communication skills and ability to influence and deal with senior individuals.
Knowledge / Experience :
Educated to degree level or equivalent.
Strong knowledge of regulatory rules and guidance, but crucially practical application within the Payments / Banking industry.
The ability to evaluate technical issues, analyse facts, consult and deliver solutions to clients.
Demonstrable understanding of some of the challenges facing the payments market in the UK and globally, together with insight into how business performance can be improved in response to such challenges
Excellent communication and presentation skills, including an ability to communicate well with clients (internal and external) in writing and verbally.
Understanding of regulatory developments and key current issues facing clients in the payments market.
Experience in working with teams and the ability to work independently.