Manager, Legal AML Compliance

Manager, Legal AML Compliance

Manager, Legal AML Compliance
The Manager, Legal AML Compliance is responsible for supporting the Regional Compliance Director across Mastercard's AML and Sanctions Program. The role covers 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, in depth data analytics, management of unusual activity as well as through the development of customized region-specific processes and procedures.
Primary Responsibilities:
• 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
• Support in the establishment of regional AML Compliance standards relating to AML and Sanctions Systems, as may be necessary to support local compliance requirements such as that which relates to our regulatory obligations
• Support in managing data requests from law enforcement and internal stakeholders
• Support in providing input to periodic AML Program Risk Assessment
• Support in establishing and maintain AML Compliance Program tracking and metrics to identify trends and establish action items for program preservation and enhancements; provide regular reporting to regional directors and VPs
• Support in coordinating regional FIU alerts, escalations, and investigative inquiries
• Provide AML and sanctions regional support to business lines and internal stakeholders
• Support in resolving the outcome of the 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
• Ensure AML policies, procedures, and controls are documented, current, and effective.
• Management of high-risk customers enhanced due diligence (EDD), and ongoing monitoring activities.
• Act as the primary liaison with regulators, auditors, and law enforcement on AML-related matters.
• Participate in internal audits, regulatory exams, and remediation efforts.
• Promote a strong compliance culture across the organization.

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.