Senior Analyst, Legal Compliance

JOB DESCRIPTION

Our Purpose

Title and Summary

Senior Analyst, Legal ComplianceJOB TITLE

Senior Analyst, Legal Compliance, Mastercard Transaction Services

Overview

At Mastercard, we are committed to protecting our network and solutions from being used to facilitate money laundering and terrorist financing. The Mastercard Transaction Services (MTS) Compliance Senior Analyst actively participates in a Shared Services support role for Non-Traditional Customers (NTC). Mastercard has business lines, such as Data and Services (D&S), that acquires other companies, which requires customers of those acquisitions to undergo due diligence onboarding and ongoing monitoring, with a focus on Anti-Money Laundering (AML) and sanctions compliance.

Reporting to the Manager-Legal Compliance, MTS, this role will execute the day-to-day onboarding and ongoing monitoring for these Non-Traditional Customers of D&S acquisitions. The Senior Analyst works under general supervision and leverages analytical reasoning skills to draw conclusions, resolve moderately complex research, perform root cause analysis, assess risk factors, and perform other assigned compliance activities as deemed necessary.

Role

• Perform Know Your Customer (KYC) due diligence onboarding identification and verification procedures for potential new NTC customers through the Bureau Van Dijk (BVD) system, with a focus on AML and sanctions compliance
• Conduct initial and ongoing alert dispositioning relating to sanctions, adverse media. Politically Exposed Persons (PEPs), enforcement etc. screening, using resources and research to determine if alerts are positive or false positive
• Escalate positive alerts to MTS management for further review. Confirmed positive alerts are escalated to D&S Compliance for further guidance and action
• Conduct simplified due diligence screening process through GRID for potential prospects who are not yet in the onboarding process to ensure no sanctions or adverse information is related to the company or individual
• Ensure that Service Level Agreements (SLAs) are met for due diligence onboarding and ongoing monitoring and prospect screening, including follow-up analysis and reconciliation
• Perform periodic Customer Due Diligence (CDD) reviews so that risks can be reevaluated and if activity is aligned with expectations
• Document the review and investigation process followed for each customer due diligence and alert disposition process undertaken so that a clear, auditable trail is available of decisions made and actions taken
• Provide support to D&S compliance during the customer lifecycle to evaluate potential AML and sanctions risks
• Provide support and input for AML and sanctions Program Risk Assessments
• Adhere to compliance procedures and internal operational risk controls in accordance with all applicable regulatory standards, requirements, and policies
• Support D&S Compliance team with metrics and reporting as needed
• Ensure proper recordkeeping is maintained for all processes

All About You

Location(s) : Pune, India

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.