Manager, 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 Manager, Legal Compliance Manager, Legal Compliance Location: Pune, India 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, FIU, the Manager 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, problem solving skills, and in-depth understanding of compliance principles and Mastercard AML and Sanctions rules. Role & Responsibilities: • Perform Level 2 dispositioning of the India FIU alerts. o 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. o Document clear and concise alert disposition summaries. • Prepare files for India FIU reporting, within required timeframes and within required formats and submit to APO/PO for submission. • Log recurring filed reports and/or India FIU requests within Government Data Request Tracker and regulatory team’s system and seeking Data Privacy and Regulatory approval when required and providing support 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. • This role will serve as a backup to Director, FIU 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. • Good to have experience with rules tuning • 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 ... (truncated, view full listing at source)