Analyst, Compliance Services

Job Description

Our PurposeWe work 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. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team one that makes better decisions, drives innovation and delivers better business results.Job TitleAnalyst, Compliance Services OVERVIEWAt Mastercard, we are committed to protecting our network from being used to facilitate money laundering or terrorist financing, and ensuring that sanctions and export controls requirements are met. The Law and Franchise Integrity (LFI) teams of Global AML, Sanctions and Export Compliance (Global Compliance) have designed and implemented robust compliance programs to meet regulatory obligations and ensure that internal and external constituents have robust programs in place to meet Mastercard and regulatory requirements.The Global Business Services Center (GBSC) is the shared services organization for Mastercard. The GBSC supports Global Compliance in meeting its compliance obligations.The Analyst, Compliance Service role is located in the GBSC and reports to the Director, GBSC Compliance Services. The Analyst will support the Global Compliance team by conducting AML and sanctions-related activities as part of the customer onboarding and monitoring processes. Working under general supervision, this role leverages analytical reasoning skills to draw conclusions, resolve moderately complex research, perform root cause analysis, assess risk factors, and perform other assigned compliance activities.ROLE tPerform customer identification and verification steps for potential new customers typically less complex low and moderate risk customers and geographies and ongoing review of existing customers to ensure adherence to AML and trade sanctions requirements. tReview and analyze due diligence reports, typically for lower risk customers, to determine appropriate risk rating tPerform periodic customer due diligence (CDD) reviews to reevaluate and confirm risk ratings tWith Global Compliance, communicate directly with global customers via email or conference call tDocument the review and investigation processes followed for each customer and alert reviewed. Follow recordkeeping and system entry procedures and retain as necessary for certification, reporting and statistical purposes tAdhere to procedures and internal operational risk controls to comply with applicable regulatory standards, requirements, and policies tTrack the status of AML reviews during the onboarding of customers. Conduct analyses to provide monthly, quarterly, and annual metrics and reporting.ALL ABOUT YOU tBachelor s degree required or the equivalent experience in operations, risk management, law enforcement, or compliance. tCompliance or risk management experience in the financial services industry preferred.KNOWLEDGE/TECHNICAL SKILLS tStrong understanding of AML, BSA, USA PATRIOT Act and OFAC controls and requirements. tKnowledge of banking or financial operations, transaction processing or payments-related industry experience is preferred. tAdvanced knowledge of Microsoft Office Outlook, Word, and Excel tACAMS Certification preferredPERSONAL ATTRIBUTESAbility to: tClearly and patiently communicate complex concepts, both verbally and in writing, to internal MC partners and external customers tWork effectively with global partners in handling issues and questions tDemonstrate the qualities of a motivated self-starter with an appetite to learn and grow in a regulatory compliance function tFollow and execute procedures with limited supervision, handle multiple tasks, and consistently meet established deadlines tConfidently represent MC with customers. Balance meeting the requirements of Global Compliance with providing a positive experience for our customers.Due to COVID-19, most of our employees are working from home. We ve implemented a virtual hiring process and continue to interview candidates by phone or video and are onboarding new hires remotely. We value the safety of each member of our community because we know we re all in this together.Mastercard is an inclusive Equal Employment Opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. If you require accommodations or assistance to complete the online application process, please contact reasonable.accommodationmastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.,

Keyskills :
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