Job Description

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

Director, Legal Compliance
1. Overview



Mastercard Transaction Services (MTS) is a global licensed payments company that powers our regulated payments products that enable our customers to send and receive funds in over 125 countries. Our applications deliver compliance, risk management, currency conversion, liquidity management and multi-format messaging solutions to our clients, which include banks, financial institutions, e-commerce companies, and service marketplaces.



The Pune Shared Services Centre is one of several centres globally that execute key compliance activities including Due Diligence, Sanctions Screening and Transaction Monitoring activity and for the operation of the Financial Investigation Unit.



2. Role



The Director is responsible for the leadership of the centre of excellence and for the delivery of a compliant and effective operation in line with company standards and within SLAs.




Maintain oversight of the team managers and senior analysts responsible for meeting daily and monthly production and quality objectives




Drive a culture of continuous improvement across all processes and all team members, constantly striving for greater efficiency




Responsible for the recruitment and training of the team in the centre including study for appropriate professional qualifications




Development and management of a capacity plan to ensure full coverage of key activities at all times



May act as the Principle Officer for one of the regulated entities within the group.




Maintains a strong working relationship with both the RBI and the Indian FIU



Build and leverage strong working relationships and networks with key colleagues in the Business Development, Network, Regulatory and Legal teams




3. All about You/Experience.



You will already have at least 5 years experience in managing operational Compliance teams focused on AML, including Due Diligence, Sanctions or Transaction Monitoring




You will be familiar with process improvement methodologies aimed at generating quick wins without significant financial or technical investment.




Experience of direct interaction with both the Reserve Bank of India and the Indian FIU is a distinct advantage



ACAMS or similar qualifications are much preferred



Excellent verbal and written English skills are essential



This is a high profile role that requires an open and honest communicator who can influence both teams and individuals to exceed their own expectations

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.