TASC

Vice President, Legal Compliance

TASC

full-time

Posted on:

Location Type: Office

Location: Purchase • New York • United States

Visit company website

Explore more

✨ AI Apply
Apply

Salary

💰 $221,000 - $353,000 per year

Job Level

Lead

About the role

  • Develop relationships and work cross functionally with franchise development, franchise integrity, product specialists, legal and regulatory counsel, and business partners at all levels within the organizational hierarchy to assess potential AML risk to Mastercard and implement controls to manage such risk during the onboarding of customers, creation or implementation of new products/programs and during mergers, acquisitions, and investment events
  • Perform customer identification, verification and monitoring procedures on new and existing customers to ensure adherence to Mastercard AML Standards and requirements
  • Provide support during the customer and/or product lifecycle to evaluate potential AML risk associated with new or enhanced product offerings. Work with key business teams to develop solutions for meeting customer business needs and advancing Mastercard strategic initiatives while minimizing potential money laundering risk to Mastercard and other network participants
  • Create and deliver engaging educational sessions designed to reinforce Mastercard’s AML Compliance principles throughout the evolution of the business
  • Participate in all M&A and investment transactions from due diligence phase to integration in order to identify and manage potential AML compliance risk
  • Establish regional AML Compliance standards as may be necessary to support local compliance requirements such as that which relates to our regulatory obligations in Americas region.
  • Provide input to quarterly/annual AML Program Risk Assessment in order to account for activity within the Americas region
  • Establish and maintain AML Compliance Program tracking and metrics to identify trends and establish action items for program preservation and enhancements; provide regular reporting to Global Mastercard AML Officer

Requirements

  • Bachelor’s degree required
  • Must have experience managing a regulatory compliance program
  • Intimate knowledge of BSA/AML compliance program requirements
  • Knowledge of banking/financial operations, transaction processing and/or payments-related industry experience is preferred
  • Sound judgment with ability to build rapport at all levels, and in all business units; proven ability to persuade and drive results
  • Proven ability to work independently or as a team player and function effectively in a dynamic, fast paced environment while handling multiple projects and consistently meeting deadlines
  • Superior attention to detail, problem-solving, organizational and written/verbal communication skills
Benefits
  • insurance (including medical, prescription drug, dental, vision, disability, life insurance)
  • flexible spending account and health savings account
  • paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave)
  • 80 hours of Paid Sick and Safe Time
  • 25 days of vacation time and 5 personal days, pro-rated based on date of hire
  • 10 annual paid U.S. observed holidays
  • 401k with a best-in-class company match
  • deferred compensation for eligible roles
  • fitness reimbursement or on-site fitness facilities
  • eligibility for tuition reimbursement

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
AML compliancecustomer identificationverification proceduresmonitoring proceduresregulatory compliance program managementrisk assessmentprogram trackingmetrics establishment
Soft skills
sound judgmentrelationship buildingpersuasionindependenceteam collaborationproblem-solvingorganizational skillswritten communicationverbal communication
Certifications
Bachelor's degree