Director Legal Compliance

Profile

Director, Legal Compliance

The candidate will be to develop relationships with key internal business partners as well as external customers to identify and measure potential AML risk to Mastercard and work together to find mutually agreeable solutions to mitigate such risk. Must be multilingual in English, Portuguese, and Spanish Develop relationships and work cross-functionally with Franchise, Compliance Engagement and Performance, product teams, legal and regulatory counsel, and business partners at all levels within the organizational hierarchy to assess potential AML risk to Mastercard and implement controls to manage such risk during the onboarding of customers, creation or implementation of new products/programs and during mergers, acquisitions, and investment events. Perform customer identification, verification, and monitoring procedures on new and existing customers to ensure adherence to Mastercard AML Standards and requirements. Provide support during the customer and/or product lifecycle to evaluate potential AML risk associated with new or enhanced product offerings. Work with key business teams to develop solutions for meeting customer business needs and advancing Mastercard strategic initiatives while minimizing potential money laundering risk to Mastercard and other network participants. Create and deliver engaging educational sessions designed to reinforce Mastercard’s AML Compliance principles throughout the evolution of the business. Participate in all M&A and investment transactions from the due diligence phase to integration in order to identify and manage potential AML compliance risk. Establish regional AML Compliance standards as may be necessary to support local compliance requirements such as those that relate to our regulatory obligations in Latin America and the Caribbean. Provide input to periodic AML Program Risk Assessment in order to account for activity within the LAC. Establish and maintain AML Compliance Program tracking and metrics to identify trends and establish action items for program preservation and enhancements; provide regular reporting to Global VP and SVP AML, Sanctions, and Exports Control Officer. Manage regional network Customer preboarding and onboarding and drive customer adherence to Mastercard’s Rules. Support and provide second-level approval for GBSC Network Customer preboarding and onboarding and BVD alert adjudication processes. Complete periodic quality control testing of GBSC’s tasks. Manage regional FIU alerts, escalations, and investigative inquiries. Provide AML and sanctions regional support to business lines and internal stakeholders. Led regional AML/Compliance Business advisory team in meeting regional AML and Compliance needs, and supporting Senior Regional Counsel. Assist in the regional evaluation of M&A and joint venture opportunities. Manage and execute regional onsite reviews of network customers and service providers. Provide AML and sanctions expertise, guidance, and approvals in regional products and services initiatives (i.e. RPPs, etc.). Support management reporting, presentations, and metrics processes. Support and escalate Customers to the risk working groups by presenting elevated AML and sanctions risks. Develop and provide regional AML and sanctions training. Bachelor’s degree required, JD or advanced degree desirable. 5-10 years of risk management and/or global AML compliance experience in banking/ financial operations preferred. Must have experience managing a regulatory compliance program. Intermediate skills with BSA/AML compliance program requirements and experience with program/project management and familiarity with the USA PATRIOT Act, 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 the ability to build rapport at all levels, and in all business units; proven ability to persuade and drive results. Should have 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; demonstrated effectiveness operating in complex organizational structures. Superior attention to detail, problem-solving, organizational, and written/verbal communication skills. Multilingual skills are necessary and must include English. Should have excellent written, oral, and presentation skills; knowledge of banking/financial operations, transaction processing, and/or payments-related industry experience is a plus. ACAM certifications are preferred.

Company info

MasterCard
2000 Purchase Street
Purchase
New York
United States 10577
Website : https://www.mastercard.us/en-us.html