Description
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
Senior Analyst-FIU Senior Analyst, Legal ComplianceLocation: MISPL-Mumbai **Hiring location to be Pune per granted exception per Dipti Naidu**
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, Legal Compliance, the Senior Analyst 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, problems solving skills, and in-depth understanding of compliance principles and Mastercard AML and Sanctions rules.
Role & Responsibilities:
• Perform Level 2 disposition of the India FIU STR 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.
• Escalate analysis concerns to Director, Legal Compliance for guidance.
• Maintain current tracker of alerts generated, alert disposition documentation including:
o Prepare files for India FIU STR, CTR and other required reporting, within required timeframes and within required formats and submit to Director, Legal Compliance for reporting.
o Log recurring STR/CTR and other required reporting or India FIU requests within Government Data Request Tracker and seeking Data Privacy and Regulatory approval when required and providing support as needed.
• Perform Level 2 disposition of the India Sanctions Monitoring process.
• Support Global Sanctions monitoring process 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.
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.
• 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 work in a fast paced and dynamic environment while handling multiple tasks, and consistently meeting established deadlines.
• Self-motivated with excellent organizational skills
• Ability to analyze and interpret complex data sets and other information to make accurate decisions.
• Thorough and persistent follow-up skills.
• Ability to remain flexible in a demanding work environment and adapt to rapidly changing priorities.
• Superior communication skills, both verbally and written.
• Ability to write comprehensive factual, concise, and detailed reports.
• Understanding of Structure Query Language (SQL) or basic coding concepts and methodologies utilized to extract, clean, manipulate, and summarize data.
• Advanced knowledge of Excel (Power Pivot and Pivot Tables), Microsoft Word, PowerPoint, and Visio is preferred.
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.
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