Scheme Compliance Officer

1 month ago


Pune Maharashtra, India Mastercard Full time

Our Purpose

We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a

culture of inclusion

for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team - one that makes better decisions, drives innovation and delivers better business results.

Title and Summary

Scheme Compliance Officer

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential.
Our decency quotient, DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

In this position, you will:

- Organize communication with external and internal stakeholders - Mastercard, Visa, vendors, peers, and Issuers.
- Collaborate with the Product team on implementing mandates (readiness stage), and Delivery on implementing the mandates for Issuers.
- Pro-actively monitor, download, and distribute compliance bulletins, announcements, release documentation.
- Screen, categorize, read all bulletins and announcements to identify mandates, that may have impact on Mastercard Processing and clients (Issuers).
- Be part of compliance AGILE team, closely co-operating with Product Owner, Scrum Master & the rest of the team.
- Be the face and voice of the Compliance AGILE team in front of internal stakeholders & clients (Issuers).
- Conduct new market analysis regarding regional and local scheme compliance regulation.

All about you
- Have experience in managing payment scheme compliance at a processor, bank or financial institution.
- Understand risk management concepts.
- Understand regulatory framework of financial services.
- Be familiar with the payments industry and the card processing business.
- Have well developed communication skills.
- Be proficient in English (written and oral).
- Be self-driven, results oriented, ready to work in a dynamic, international environment.

Come and join our Agile team and work in the most innovative industry.

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
- Abide by Mastercard’s security policies and practices;- Ensure the confidentiality and integrity of the information being accessed;- Report any suspected information security violation or breach, and- Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.



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