Job Description

Our PurposeWe 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 for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team \xe2\x80\x93 one that makes better decisions, drives innovation and delivers better business results.Title and SummaryAML SupervisorAML Supervisor - MPMS
Mastercard Prepaid Management Services (MPMS), in its capacity as Program Manager, is contractually responsible for the services it undertakes on behalf of its Prepaid Card Issuers and for ensuring they (and MPMS) remain compliant to regulatory requirements.The compliance function is responsible for ensuring that the business adheres to all regulatory requirements, including anti-money laundering and sanction laws. This includes developing and implementing policies, systems and processes that meet both regulatory and internal standards, monitoring compliance and providing guidance to mitigate risks and maintain the integrity of the organization.The role of AML Supervisor is in place to ensure appropriate oversight of the Compliance Analysts operating in the Pune office.Key Accountabilities

• Lead, motivate and manage a team to achieve departmental goals.
• Oversee staff performing operational compliance tasks, including: PEP alert reviews, sanction alert reviews, transaction monitoring reviews, onboarding reviews.
• Plan and manage staffing workloads to ensure operational efficiency, whilst maintaining a high standard of output.
• Prepare and submit compliance reports to senior management within the compliance function, outlining performance and KPI adherence, as required.
• Identify training needs and facilitate professional development.
• Facilitate in the provision of information as may be needed from time to time, in support of an audit or regulatory request.
• Ensure that Mastercard Prepaid Management Services continues to adhere to all relevant AML laws, regulations and internal policies.
• Work closely with Compliance team members to address any issues and pro-actively improve processes.
• Step-in and assist with wider operational compliance tasks, including the review of PEP/Sanction alerts, corporate program monitoring, PEP monitoring and any other tasks managed by the operational team.

Core Skills

• Leadership: Ability to inspire and guide team members towards achieving outlined goals.
• Performance Management: Expertise in setting performance standards, providing feedback and conducting evaluations.
• Communication Skills: Effective verbal and written communication skills to prepare clear and concise reports, interacting with various stakeholders within the team.
• Coaching and mentoring: Supporting the development and growth of team members through ongoing feedback, guidance and training.
• Technical Proficiency: Familiarity with transaction monitoring and PEP screening software, data analysis tools and databases.
• Adaptability: Flexibility to manage and lead through change and challenges.
• Time Management: Efficiently managing own time and workload whilst helping team members prioritise their tasks.
• Critical Thinking: Strong problem-solving skills to evaluate complex scenarios and make informed decisions.
• Attention to Detail: Ability to review, scrutinize and rationalize team output, identifying opportunities for improvement.
• Research Skills: Ability to conduct thorough investigations using both internal and external resources to make informed decisions concerning cardholder transactional activity.
• Knowledge of AML Regulations and typologies: Understanding of AML laws, regulations and best-practice guidelines.
• Knowledge and understanding of prepaid card / electronic money products preferable.

Education And Skills (All About You)

• Bachelor\xe2\x80\x99s degree required.
• Minimum 5-10 years of AML and Sanctions compliance experience in banking/financial operations.
• Strong skills with AML compliance program requirements and experience with program/project management and familiarity with FATF, FSA international standards, and practices and 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 in a fast-paced matrix environment or as a team player and function effectively in a dynamic, fast paced environment while handling multiple projects and consistently meeting deadlines
• Experience in managing a team covering a broad workload.
• Practical problem solver with demonstrated ability to partner effectively with others in handling complex and/or sensitive issues
• Certified Anti-Money Laundering Specialist (ACAMS) certification preferred

The compliance function is responsible for ensuring that the business adheres to all regulatory requirements, including anti-money laundering and sanction laws. This includes developing and implementing policies, systems and processes that meet both regulatory and internal standards, monitoring compliance and providing guidance to mitigate risks and maintain the integrity of the organization.The role of AML Supervisor is in place to ensure appropriate oversight of the Compliance Analysts operating in the Pune office.Corporate Security ResponsibilityAll 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\xe2\x80\x99s security policies and practices;Ensure the confidentiality and integrity of the information being accessed;Report any suspected information security violation or breach, andComplete all periodic mandatory security trainings in accordance with Mastercard\xe2\x80\x99s guidelines.

Mastercard