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

AML/CTF & Sanctions manager

Overview

AML Laws and regulations impose growing AML controls on prospects and existing customers. To assist in those tasks, MTS (Europe) is looking for an AML Manager.
The successful candidate will manage the AML/CTF execution of the Open Banking AML program, under the supervision of the MTS (Europe) Compliance Officer. The role’s main responsibilities include review and escalations concerning prospects and/or existing customer due diligence and high-risk activities, drafting and maintaining policies and procedures, internal and external reporting activities, etc.
The candidate must have the ability to think and act both strategically and tactically and be able to partner and work cross-functionally with the various business and operations departments across Mastercard.

Key Responsibilities

•\tManage operational escalations including customer due diligence (at onboarding, during customer reviews and ongoing monitoring), transaction monitoring and sanctions screening, by completing the following activities:
o\tCollect and analyze supporting documents provided by the customer, including identification documents, compare and reconcile the information collected with different sources of information
o\tLiaise with the business to obtain further required information and to understand unusual activities
o\tApply the appropriate due diligence depending on the risk
o\tFormulate conclusion and recommendations
o\tKeep records and document efficiently the information collected
o\tClear and accurate communication towards the different stakeholders
o\tEscalate issues when required
o\tHandle suspicious activity and sanctions reporting
•\tManage and draft the process documentations, including policies and procedures
•\tMonitor the risk portfolio and report on AML risk to the compliance officer
•\tCoordinate between the different team members responsible for AML tasks
•\tPropose updates to the policy where required
•\tManage the regulatory reporting activities
•\tProvide valuable input to feed the Compliance continuous improvement process
•\tContribute to increasing and maintaining the expected level of MTS (Europe)’s compliance and compliance mindset
•\tSupport the compliance officer & staff on ad hoc AML/Compliance questions & activities

Experience/Education

•\tStrong e-commerce and/or online banking experience
•\tStrong Merchant risk management experience
•\tExperience in a transactional or financial services environment
•\tExcellent knowledge of the latest trends in AML risk management
•\tAffinity to a Startup environment
•\tFlexible and hands on attitude
•\tDetail oriented
•\tStrong organizational & interpersonal skills
•\tEnglish is a must
•\tPractical problem solver with demonstrated ability to work across functions with multi-disciplinary teams
•\tStrong communication skills, assertive and team worker
•\tExcellent written, oral, and presentation skills

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.