Director of Banking Operations

March 21

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Transact Campus

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Through transformative payments and credential-driven transactions and privileges, Transact partners with institutions to help them make their campus experience mobile-centric, personal and individualized, and completely connected.

Technology • Education Tech • Mobile Credential • Campus ID • Integrated Payments

501 - 1000 employees

📋 Description

• Director of Banking Operations responsible for overseeing its Banking Operations Department. • Manage a team of operations specialists responsible for back-office payment processing operations of the company and managing relationships with company’s payment providers. • Key responsibilities include: Risk Assessment and Mitigation, Audit, Ensuring Compliance with Regulations, Staying Updated on Regulatory Changes, Stakeholder Management, Oversight of Banking Operations.

🎯 Requirements

• 10 + years of relevant experience in the payments processing industry, including but not limited to overseeing all payment operations and systems, ensuring efficiency and compliance as well as implementing risk management strategies. • Experience in higher education and healthcare is preferred but not required. • Deep understanding of applicable laws, including BSA/AML compliance, OFAC, and card network rules. • Strong analytical and problem-solving skills to identify and address potential risks. • Strong attention to detail, ability to analyze complex issues. • Excellent communication and presentation skills, works collaboratively with other departments including Legal and Compliance. • Leadership abilities to manage an operations team and build a culture of ethics and compliance within the organization. • Regulatory expertise, preferably with a relevant professional certification but not required.