Manager of Legal Compliance, Mastercard
Real Time Payments
Office located in Angel Lane, London
Global payments technology company
Job no longer available
Global payments technology company
1001+ employees
Job no longer available
Office located in Angel Lane, London
1001+ employees
Company mission
To connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.
Role
Who you are
- 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
What the job involves
- 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, focussing 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
- Manage operation of customer due diligence policies and procedures, including risk assessments and management of stakeholders to ensure due diligence is completed as required
- Operation of sanction screening policies and procedures in line with relevant regulations, industry guidance and company policies
- Assist in producing compliance policies and maintaining departmental procedures
- 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
- Review and assessment of new products to assess AML & sanctions risks and ensure appropriate compliance controls are implemented
- Production of reporting for internal stakeholders, including senior management
- Assessing the impact of changes to relevant reglations and industry guidance on existing policies and procedures, communicating required changes to relevant business areas and ensuring any necessary changes are implemented as required
- 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
Application process
- End Date: January 2, 2025
Salary benchmarks
Our take
Mastercard is in the global payments business, and operates the world's fastest payments processing network. Its products and solutions have become central to everyday commerce across the world, in activities ranging from shopping and travelling to running businesses.
As the economy has become more and more digitised, Mastercard has been a leading player in helping businesses and individuals across the globe embrace card payments and digital banking. One of the world's largest companies, its revenue has seen consistent gain in the last 20 years.
The challenge for modern payments companies is that payments are always changing, as seen in the astronomical rise of contactless payments over the last decade. Mastercard's acquisition of blockchain systems, and an overall focus on leveraging its technology towards a digital economy, has placed the company in good stead to keep up to date with current trends, like cryptocurrency, in the digitised payments world.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- Gym membership
- Share purchase options
- Extra holiday purchase optional
- Work from home opportunities
- Health insurance
- Pension plan
- 25 days holiday (excl. bank holidays)
Company values
- Trust - integrity, respect, openness
- Agility - urgency and value through innovation
- Partnership - working as one team for the benefit of all
- Initiative - taking bold and thoughtful actions
Company HQ
Purchase, Harrison, NY
Articles
Leadership
Michael Miebach
(CEO, not founder)Has served in a variety of roles at the company, including President and CPO. Currently Board Member at IBM, Accion, the World Resources Institute, the US-India Strategic Partnership Forum, and the Metropolitan Opera. They are also a Trustee of USCIB.
People progressing
Joined as VP in 2008, promoted 4 times in 11 years to their current position of Executive Vice President.
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