FIU Associate Analyst

FIU Associate Analyst

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.

MTS Overview:

Mastercard Transaction Services ("MTS") and its subsidiaries are the legal entities under which all Mastercard's licensed money transfer and payment initiation services will be conducted, reporting into the Commercial and New Payments Platform ("CNPF") division. The MTS business unit and the MTS shared services functions are housed under the umbrella of MTS and are comprised of components central to the activities of a licensed payment services firm.

These components include:

• Payment/Money transmitter licenses for operating payments business in defined jurisdictions
• Contract definition (associated T&Cs) specific to the MTS entity and its umbrella geographies
• Associated settlement accounts and other services for the relevant MTS entity
• Compliance services including, but not limited to, due diligence, real-time sanctions screening/AML/fraud management, etc.
• Regulatory reporting to the relevant regulators on behalf of the regulated business and its subsequent activities

MTS US is the authorized and regulated licensed entity within Mastercard Transaction Services (MTS) in the United States through which regulated payments activity is undertaken for our US-based customers and others around the world. MTS is a division within Mastercard that undertakes payments business wherever a product or business function requires regulated support.

MTS is seeking a Financial Intelligence Unit ("FIU") Associate Analyst who will assist in maintaining a robust AML/CFT program in alignment with US AML/CFT regulations, including the Bank Secrecy Act, USAPA, AMLA, FinCEN issued guidance, internal standards, and regional sanctions reporting obligations.

Additionally, the candidate will assist to drive overall improvements in the financial crimes compliance program through consistently innovating and problem-solving in the Compliance arena, focusing not just on effectiveness, but also efficiency. The ideal candidate is passionate about optimized compliance, understands investigations of suspicious activity within a FIU, highly motivated, intellectually curious, analytical, and possesses an entrepreneurial mindset. He or she also has a deep understanding of the AML/CFT regulatory and operational framework.

Role Summary:

The FIU Associate Analyst must be knowledgeable and skilled in the relevant AML/CFT Compliance areas. The FIU Assoc. Analyst will assist the FIU Manager for North Americas to carry-out the AML/CFT investigation functions for MTS US, including developing cases, preparing SARs, and quality controlling FIU outputs and contributing to the overall development of the FIU function.

This role requires working as part of a geographically diverse team and a matrix structure collaborating with multiple stakeholders across MTS and the wider Mastercard organization. This role demands excellent, clear, and articulate communication skills, both verbal and writing, and the ability to clearly and concisely communicate issues, regulations, and processes. MTS is poised for further expansion and now requires a seasoned Associate Analyst to drive process improvement (both effectiveness and efficiency) within the MTS control framework.

Key Responsibilities:

• Report and work closely with the FIU Manager for North Americas to determine the effectiveness and efficiency of the FIU Program and its ability to identify, detect, deter, and report suspicious activity.
• Review and investigate alert escalations and referrals for potentially suspicious activity for consideration of SAR reporting.
• Review laws, regulations, FinCEN advisories and OFAC enforcement actions that impact the MTS compliance requirements, with emphasis on red flags and typologies.
• Assist in the maintenance of FIU compliance policies, programs, and procedures.
• Contribute, as a key member of the MTS US Financial Crimes Compliance team, to the development and implementation of the wider compliance strategy, including staffing.

Qualifications:

• Confident verbal and written communication skills with the ability to deliver consistent messages to all levels of the company.
• Excellent written and oral communication skills for documentation, reports, and presentations.
• Minimum 2–5 years of experience in AML/CFT/Sanctions compliance, preferably in a regulated financial institution or fintech.
• Strong investigative skills and ability to provide rationales supporting work product.
• Working knowledge of SharePoint development.
• Highly competent in the use of MS Office tools (PowerPoint, Excel, Visio).
• Preferred experience in cryptocurrency AML/CFT/Sanctions monitoring, with a background in using blockchain analytics tools to investigate digital asset transactions.

Mastercard is a merit-based, inclusive, equal 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. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact View email address on click.appcast.io 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.

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.

Pay Ranges:

Purchase, New York: $62,000 - $100,000 USD