Manager, Legal Compliance, Real Time Payments

Manager, Legal Compliance, Real Time Payments

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart, and accessible. Our technology and innovation, partnerships, and networks combine to deliver a unique set of products and services that help people, businesses, and governments realize their greatest potential.

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.

Overview

The Real Time Payments Compliance team is looking for a Compliance Manager to provide support for the development, implementation, and ongoing operation of compliance programs across a number of product lines, focusing primarily on Anti-Money Laundering and Sanctions programs. The successful candidate will work cross-functionally with multiple business areas including Legal, Regulatory Affairs, Risk, Privacy, and Product.

Role

The successful candidate will be responsible for:

1. Manage operation of customer due diligence policies and procedures, including risk assessments and management of stakeholders to ensure due diligence is completed as required.
2. Operation of sanction screening policies and procedures in line with relevant regulations, industry guidance, and company policies.
3. Assist in producing compliance policies and maintaining departmental procedures.
4. Act as an escalation point for compliance queries from other business areas, providing guidance and acting as a role model for proper conduct for other business areas.
5. Review and assessment of new products to assess AML & sanctions risks and ensure appropriate compliance controls are implemented.
6. Production of reporting for internal stakeholders, including senior management.
7. Assessing the impact of changes to relevant regulations and industry guidance on existing policies and procedures, communicating required changes to relevant business areas and ensuring any necessary changes are implemented as required.

All About You

• Strong understanding of AML and sanctions regulations.
• Proven compliance experience in financial services.
• Ability to interpret regulations and guidance in order to assess the impact and develop practical operational procedures to ensure ongoing compliance.
• Strong written and verbal communication skills with the ability to engage key stakeholders.
• Ability to manage multiple tasks to completion on time and to deal with rapid changes of priority.
• Analytical and detail focused with the ability to identify anomalies, trends and make recommendations.
• Ability to deal with sensitive and confidential information.

Corporate Security Responsibility

Every person working for, or on behalf of, Mastercard is responsible for information security. All activities involving access to Mastercard assets, information, and networks come with an inherent risk to the organization. Therefore, it is expected that the successful candidate for this position 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;
• Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.