Compliance Risk Assessment and Policy and Procedure Manager

Our Purpose We 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. Title and Summary Compliance Risk Assessment and Policy and Procedure Manager Overview The Mastercard Transaction Services (MTS) Compliance team is looking for a Compliance Risk Assessment and Policy and Procedure Manager to drive our compliance strategy forward by consistently innovating and problem-solving. The ideal Candidate:  Is passionate about compliance, analytical, highly motivated, detail-oriented, critical thinking, and has decision-making skills. The candidate will be a Subject Matter Expert (SME) in Strategy and Risk matters with high exposure to all levels.  Will be required to ensure that the MTS Compliance Risk Assessment has the appropriate and effective controls to mitigate risk within the organization.  Will provide an analysis of risks that can affect the organization, outlining adherence to policy standards and controls, and including recommendations for actions or mitigations to reduce risk, while overseeing the creation and amendments to our internal Policies and Procedures.  Will interact with all Compliance areas to keep the Policies and Procedures updated and aligned with current business functions as well as provide information and updates to relevant stakeholders.  Is analytical, highly motivated, organized, detail-oriented, and has decision-making and organizational skills.  Should have prior experience in Compliance, as well as experience in coordinating projects and working with others as well as a strong work ethic, leadership, and communication skills. Role In this position the Candidate will perform the following key responsibilities: Risk Assessment: • Lead the AML, KYC, and Sanctions Risk Assessment for licensed regions globally • Partner and collaborate with other departments regarding financial crimes risk and ensuring the program is consistent with global standards • Analyze current risks based on customer, model, jurisdiction, etc. • Identify additional potential risks from a MTS perspective • Establish and update the risk tolerances of various risk factor lists such as Customers, Products, Geographies, and additional regional regulatory requirements • Identify opportunities to grow the business • Ensure controls are operating effectively • Manage and report issues with transparency and adhering to Company Policies and Procedures to ensure compliance with local regulatory requirements. • Update and align the risk management process and methodology, as necessary • Maintain and enhance Anti-Money Laundering and Sanctions risk assessment methodology and assessment framework • Record-keeping maintenance Policy and Procedures: • Analyze current Policies and Procedures • Creation of Policies and Procedures • Update of Policies and Procedures • Receive, analyze and process submitted change requests • Maintain documentation filing system dictating when Policies and Procedures are due for review (e.g., Log, Traceability Matrix, etc.). • Keep inventory and records of Policies and Procedures, supporting materials, templates, archived versions, etc. • Communicate Compliance Policies and procedures to management and designated departments • Maintenance of the MTS Compliance SharePoint site with up-to-date records All About You • Bachelor’s degree in a related field • Responsibilities include planning, testing, and reporting. • Written/oral communication skills. • Knowledge of a regulated environment • Problem-solving skills • Capable of process identification and mapping • Highly competent with MS Office tools (PowerPoint, Excel, Word) • Background in regulated payments and financial services, preferably in money transfer payment systems In the US, 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_accommodation@mastercard.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. 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 Remote - Florida, US: $100,000 - $155,000 USD Remote - New York: $100,000 - $155,000 USD Everyone wants easier ways to pay; we invent them. Checkout lines are slow; we speed them along. Merchants want more sales; we give them data and insights. People need financial access; we connect them. Corporate purchasing is complicated; we make it simple. Commuters are busy; we speed them on their way. Governments need greater efficiencies; we help create them. Small businesses are virtual; we give them access to a world of buyers. Retailers want to fight fraud; we provide the tools.