Manager, Legal Compliance

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
Manager, Legal Compliance
The role of Manager, MPMS Legal Compliance is to support MPMS Anti-Money Laundering and Sanctions Compliance Program reporting to EEMEA AML MLRO. The role requires the incumbent to:

• To support the regional AML MLRO with implementation and monitoring of controls to manage AML and Sanctions risks across the EEMEA region


• Perform customer identification, verification, and monitoring procedures on new and existing customers to ensure adherence to Mastercard & MPMS AML Standards and requirements


• Work with key business teams to develop solutions for meeting customer business needs and advancing Mastercard strategic initiatives while minimizing potential money laundering and sanctions risk


• Participate and support audit and quality control engagements and address remediating actions and/or findings as necessary


• Complete third party testing and audits as directed by regional MLRO


• Lead a dedicated team of AML & Sanctions analysis and provide development and coaching


• Support regional MLRO with necessary risk assessments, program governance, and development of relevant training materials


• Provide oversight and quality assurance testing for the outsourced servicing contracts


• Support MLRO with special projects and necessary conversions initiatives


• Develop and maintain relevant metrics to identify trends and establish action items for compliance program preservation and enhancements


• Develop relationships and work cross functionally with product teams, legal and regulatory counsels, and business partners at all levels within the organizational hierarchy


• Maintain robust understanding of card network functionality, prepaid products, and required compliance controls


Primary Responsibilities:

• Support the Regional AML MLRO in ongoing management of MPMS customers, partners, distributors, and servicing cardholders in adherence with Mastercard's Rules & MPMS policies


• Support disposition of relevant alerts, escalations, and investigative inquiries


• Assist in the investigation and response of PEP & sanctions related matters; triaging inquiries to determine those which require further escalation and tracking all escalations/inquiries to ensure timely response


• Support MLRO in documenting detailed policies and procedures and recommend continuous enhancements


• Conduct testing of outsourced services and ensure remediation is completed


• Provide AML and sanctions expertise, guidance, and approvals where necessary


• Support and respond to inquiries related to audit and external inquiries


• Support staff development and provide periodic AML and sanctions training


• Support MLRO with special projects & key initiatives


• Effectively manage diverse team of dedicated analysts and provide development coaching, 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.
  
  Bachelor's degree required.


• Must have 5-10 years of AML and Sanctions compliance experience in banking/financial operations and experienced in utilizing external research tools to confirm facts


• Intermediate skills with AML compliance program requirements and experience with program/project management and familiarity with FATF, FSA international standards, and practices and knowledge of banking/financial operations, transaction processing and/or payments-related industry experience is preferred


• Sound judgment with ability to build rapport at all levels, and in all business units; proven ability to persuade and drive results


• Proven ability to work independently in a fast-paced matrix environment or as a team player and function effectively in a dynamic, fast paced environment while handling multiple projects and consistently meeting deadlines


• Practical problem solver with demonstrated ability to partner effectively with others in handling complex and/or sensitive issues


• Confident and seasoned leader with strong interpersonal skills and sound business judgment


• Demonstrated effectiveness operating in complex organizational structure


• Superior attention to detail, problem-solving, organizational, and written/verbal communication skills


• Certified Anti-Money Laundering Specialist (ACAMS) certification preferred