South Africa

Chief Payments Officer

Company Payments Association of South Africa
Reference # PASA-REC-2021-02
Published 11/06/2021
Contract Type Permanent
Salary Market Related
Location Parktown, Gauteng, South Africa
Under the administrative direction of the Chief Executive Officer, the Chief Payments Officer will oversee the management and improvement of clearing in the National Payment System across all primary payment streams, including low value payments and collections, card payments and high value payments.
Job Functions Banking,Executive Management
Industries Banking / Finance & Investment,Financial Services
To take end-to-end executive accountability for the overall quality, efficiency, and health of the clearing components of the National Payment System and the coordination of all PCH and other payment system activities, including the accountability for the effective delivery of relevant projects and programmes.

To take executive accountability for running and managing the clearing components of the National Payment System, including rules, processes, workflows, and procedures designed to create a well-managed and regulated payments landscape.

To support, sponsor and drive change that will help shape and guide the future growth and development of the electronic payment systems in the NPS.

To develop, refine and implement operations functional models and strategy, including the financial and human resources required to ensure the disciplined and rigorous operational management of all electronic payment systems to support, safeguard and regulate the NPS according to PASA’s mandate.

As a member of the executive team to influence and shape future payments strategy by being informed of international trends, plausible strategic scenario’s, possible risks, current and future stakeholder needs and broader eco-system challenges or dependencies and to take co-accountability for the formulation and execution of the Modernisation roadmap for all electronic payment systems.

To form and engage in meaningful relationships with key stakeholders such as the South African Reserve Bank, National Treasury, FSCA, Government Agencies, PSO’s, BASA and Payments System Providers and Users to consult or advocate changes, improvements or risk reduction measures to electronic Payments streams in the National Payment System
•>10 years hands-on experience within a Payment System eco-system, with at least five years in senior managerial or general management role (previous experience as Executive Operations or COO in the financial services sector); and
•A formal applicable post-tertiary qualification (e.g. MBA, B.Com Hons).

Knowledge & Skills:
•Operational Payment System knowledge;
•Knowledge of the payment systems regulatory framework, specifically the role of the SARB, PCH PG’s, and PCH SO’s:
•Understanding of the banking environment, different payment channels and in particular digital channels:
•Legislation and compliance knowledge related to payment systems;
•Project and matrix management knowledge;
•Coordination and management skills;
•Financial management skills and knowledge;
•Excellent verbal and written communication skills (including report writing and presentations);
•Analytical and problem-solving skills; and
•Leadership and influencing skills.
Job Closing Date 25/06/2021
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