Specialist: Payments Schemes

Reposted Yesterday
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Sandton, Sandown, Johannesburg, Gauteng, ZAF
In-Office
Entry level
Financial Services
The Role
Coordinate and govern payment scheme bulletins, mandates, releases, and regulatory updates across the organization. Analyze financial, operational, technology, compliance, and customer impacts; assign accountable business owners; track implementation; and report progress. Drive end-to-end change management to ensure timely compliance, minimize penalties and financial exposure, and provide visibility into payment scheme and industry-driven change demand.
Summary Generated by Built In
Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

This role serves as the single point of accountability for translating payment scheme changes into actionable business outcomes, ensuring that bulletins are assessed, assigned, implemented, tracked and reported, while minimizing financial exposure and maintaining full compliance with scheme requirements.

Job Description

To act as the central point of coordination and governance for all payment scheme (Visa, Mastercard, PayShap, UPI and other network) bulletins, mandates, releases, and regulatory updates.


The role is responsible for analysing scheme communications, determining financial, operational, technology, compliance and customer impact, assigning accountable business owners, and ensuring timely implementation of all mandatory and strategic scheme requirements.


The incumbent will drive end-to-end change management across the organisation, ensuring compliance with scheme mandates, minimizing penalties, enabling informed business decisions, and providing visibility of change demand arising from scheme and industry body updates.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Skills Required

  • Bachelor’s degree or advanced diploma in Business, Commerce, or Management Studies

Absa Group Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Absa Group and has not been reviewed or approved by Absa Group.

  • Healthcare Strength Medical aid, group life, disability, and funeral cover are described as comprehensive, with features such as terminal‑illness advances and beneficiary grocery benefits. Wellness and assistance offerings support overall financial and personal wellbeing.
  • Retirement Support A pension fund and group retirement arrangements are positioned as core benefits within fixed remuneration. Retirement coverage is embedded alongside other protections as part of standard employment.
  • Equity Value & Accessibility Employee share‑ownership (eKhaya) and equity‑linked awards broaden wealth‑sharing, with dividends or cash‑equivalent participation in some markets. This provides longer‑term value beyond base pay.

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The Company
HQ: Riyadh
39,055 Employees
Year Founded: 2018

What We Do

Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond. We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.

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