Job 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
Analyst, Legal Compliance
Summary

Analyst - Transaction Monitoring - Compliance

Job Summary:

The Analyst is responsible for leading and supporting a team of AML Analysts in day-to-day monitoring and/or investigations of potential suspicious activity.

The Analyst is required to conduct reviews mainly on the Transactions to identify potential high-risk transactional activity and take necessary actions to mitigate the compliance risks involves in movement of funds across international boundaries.

The Analyst is also responsible to ensure timely reporting of suspicious transactions as required. It is further required to examine information received from clients, to review reports on clients' activities and ensure proper record-keeping.

Key Responsibilities:

• Review P2P/B2B transactions to identify and mitigate compliance risks presented.
• Ability to research and summarize appropriate information and document them accordingly.
• Ability to identify the risk factors involved in client relationships and summarize the same.
• Ability to mentor and guide other team members and Present your learnings to entire team from time to time
• Ability to Innovative pro-activity in process development / improvements.
• Maintain a sound understanding of the business activities and applicable laws and regulations in the Middle East, Asia, and European region
• Execution of due diligence responsibility requirements of the Anti-Money Laundering/Anti-Terrorist Financing & Sanctions Programs, including gathering information from open-source intelligence


Experience, Skills and Qualifications:



• Professional experience



• 3 - 5 years of relevant experience in analyzing Business to Business cross border Transactions.
• 3 - 5 years of working experience in identification and analysis of Trade Based Money Laundering (TBML) tools and techniques



• Educational qualifications



o Bachelor's Degree in business, economics, accounting, law, law enforcement or related fields preferred.

o Certified Anti-Money Laundering Specialist (CAMS) or willingness to obtain.

o Additional language skills - Arabic language skill is highly desirable

• Knowledge of:


o AML-related controls, policies, and procedures.

o Inherent AML risks associated with Money Remittance and Payment industries.

o Principles of banking and finance and Payment industry operations.

• Skill in:


o Understanding of the Global Money Remittances and Payment Industry as it relates to anti-money laundering, terrorist financing and other typologies.

o Ability to work with a high level of autonomy and work on confidential and sensitive matters with a high degree of professionalism and discretion.

o Team player with strong collaborative qualities and a positive demeanor.

o Experience conducting research on the Internet.

o Analyzing transactional activity to identify suspicious transactions.

o Developing senior management-level metrics and reports.

• Ability to:


o Gather information, identify linkages and trends, and apply findings to assignments.

o Interpret and apply industry-standard AML controls and identify and recommend compliance changes as appropriate.

o Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.

o Communicate effectively, both orally and in writing.

o Work independently as well as collaboratively within a team environment.

o Establish and maintain effective professional working relationships at all levels of the organization.

o Handle highly confidential information professionally and with appropriate discretion.
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.