Senior Analyst, Legal 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

Senior Analyst, Legal Compliance

Overview: Mastercard is committed to protecting our network from being used to facilitate money laundering or terrorist financing. Mastercard’s Global Anti Money Laundering (AML) Financial Intelligence Unit (FIU) has implemented customer monitoring programs to meet regulatory obligations, support internal stakeholder investigations and to ensure that customers have robust programs in place to meet Mastercard requirements. Mastercard’s Financial Intelligence Unit (FIU) is responsible for analyzing data from multiple sources to facilitate global compliance investigations, developing/assessing compliance controls, and monitoring overall customer behavior. Reporting to Director, Legal Compliance, the Senior Analyst role will be part of the FIU and will be responsible for supporting AML and Sanctions Monitoring program conducting compliance investigations, reporting information to relevant stakeholders, developing relationships with key internal and external partners, and assisting with management of AML and Sanctions risks. This role requires critical thinking, data analytics knowledge, problems solving skills, and in-depth understanding of compliance principles and Mastercard AML and Sanctions rules.

Role & Responsibilities:

• Perform Level 2 disposition of the India FIU STR alerts.

  • Review Level 1 analyst decision to analyze patterns of behavior by card and/or merchant to detect suspicious activity, exercising critical thinking and using solid judgement in determining the validity of the alerts.
  • Document clear and concise alert disposition summaries.

• Escalate analysis concerns to Director, Legal Compliance for guidance.

• Maintain current tracker of alerts generated, alert disposition documentation including:

  • Prepare files for India FIU STR, CTR and other required reporting, within required timeframes and within required formats and submit to Director, Legal Compliance for reporting.
  • Log recurring STR/CTR and other required reporting or India FIU requests within Government Data Request Tracker and seeking Data Privacy and Regulatory approval when required and providing support as needed.

• Perform Level 2 disposition of the India Sanctions Monitoring process.

• Support Global Sanctions monitoring process as needed.

• Support global compliance investigations as needed (ADHOC investigations, alert reviews, data mining, data analysis, etc.)

• Support India compliance investigations while adhering to strict data localization requirements.

• Utilize MasterCard resources and as external research methods to enhance data analysis.

• Support the AML and Sanctions teams with regard to investigations and research.

• Support escalations, notifications of items of urgency, and other risks as needed.

• Support continuous process improvement and offer optimization recommendations.

• Maintain a high degree of professional competence in the area of financial crimes investigations through self-study, webinars/seminars, professional organizations, and other internal or external training.

Knowledge/Technical Skills:

• Bachelor’s degree required, AML transaction monitoring experience preferred or equivalent experience working within a Financial Institution.

• Strong understanding of AML, BSA, USA PATRIOT Act and OFAC controls and requirements.

• ACAMS Certification preferred.

• Excellent presentation skills.

• Ability to proactively manage time and prioritize assignments to meet target dates and deadlines, while delivering thorough, accurate and quality work.

• Effective scheduling and planning skills

• Ability to work independently, follow and execute procedures with limited to no supervision, and work in a fast paced and dynamic environment while handling multiple tasks, and consistently meeting established deadlines.

• Self-motivated with excellent organizational skills

• Ability to analyze and interpret complex data sets and other information to make accurate decisions.

• Thorough and persistent follow-up skills.

• Ability to remain flexible in a demanding work environment and adapt to rapidly changing priorities.

• Superior communication skills, both verbally and written.

• Ability to write comprehensive factual, concise, and detailed reports.

• Understanding of Structure Query Language (SQL) or basic coding concepts and methodologies utilized to extract, clean, manipulate, and summarize data.

• Advanced knowledge of Excel (Power Pivot and Pivot Tables), Microsoft Word, PowerPoint, and Visio is 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.