Director, Legal AML Compliance

Join to apply for the Director, Legal AML Compliance role at Mastercard

Join to apply for the Director, Legal AML Compliance role at Mastercard

Our Purpose

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.

Title And Summary

Director, Legal AML Compliance

Our Purpose

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.

Title And Summary

Director, Legal AML Compliance

Director, Legal AML Compliance

Overview

The Director, Legal AML Compliance is responsible for managing and leading the AML and Sanctions program across two divisions of the Latan America Region. Covering all Customer types as well as products and services. The role will work cross functionally at all levels within the organizational hierarchy, providing subject matter expertise advise to senior leadership in managing, controlling, and limiting risk to the organization.

The role aims to ensure that Activity on the Network remains in compliance with Mastercard AML Standards, through Customer reviews, product evaluations s as well as through the development of customized training and region-specific processes and procedures.

Role

• 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
• Establish regional AML Compliance standards as may be necessary to support local compliance requirements such as that which relates to our regulatory obligations
• Manage Mastercard Brazil network Customer preboarding and onboarding and drive customer's adherence to Mastercard's Rules and Brazil regulation for payment industry.
• 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's 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
• Lead regional AML/Compliance Business Advisory team in meeting regional AML and Compliance needs, and supporting Senior Regional Counsel
• Assist in 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 (One Trust and Studio Processes)
• Support management reporting, presentations, and metrics processes
• Support, escalate and manage Customers to the risk working groups by presenting elevated AML and sanctions risks
• Recommend process, procedure, governance and technology improvements
• Develop and provide regional AML and sanctions training to Customers and internal stakeholders
  
  

All About You

Education and Skills:

• Bachelor's degree required, JD or advanced degree desirable. 10 + years of risk management and/or global AML compliance experience in banking/financial operations preferred
• Must have experience managing a regulatory compliance program
• Must have knowledge of Brazilian laws and regulation for payment industry, including AML compliance requirements, and practices and knowledge of banking/financial operations, transaction processing and/or payments-related industry experience is preferred
• 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 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
• Ability to manage high-pressure situations and tight deadlines effectively.
• Multilingual skills are necessary and must include English
  
  

List Desirable Or Additional Capabilities

• Excellent written, oral, and presentation skills
• Knowledge of banking/financial operations, transaction processing and/or payments-related industry experience is a plus
• ACAMs certification(s) preferred
  
  

Corporate Security Responsibility

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.

Seniority level

• Seniority levelDirector

Employment type

• Employment typeFull-time

Job function

• Job functionLegal
• IndustriesFinancial Services, IT Services and IT Consulting, and Technology, Information and Internet

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