FIU Senior Analyst

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

FIU Senior Analyst

MTS Overview:
Mastercard Transaction Services (“MTS”) and its subsidiaries are the legal entities under which all Mastercard’s licensed money transfer and payment initiation services will be conducted, reporting into the Commercial and New Payments Platform (“CNPF”) division. The MTS business unit and the MTS shared services functions are housed under the umbrella of MTS and are comprised of components central to the activities of a licensed payment services firm.

These components include:
• Payment/Money transmitter licenses for operating payments business in defined jurisdictions
• Contract definition (associated T&Cs) specific to the MTS entity and its umbrella geographies
• Associated settlement accounts and other services for the relevant MTS entity
• Compliance services including, but not limited to, due diligence, real-time sanctions screening/AML/fraud management, etc.
• Regulatory reporting to the relevant regulators on behalf of the regulated business and its subsequent activities

MTS US is the authorized and regulated licensed entity within Mastercard Transaction Services (MTS) in the United States through which regulated payments activity is undertaken for our US-based customers and others around the world. MTS is a division within Mastercard that undertakes payments business wherever a product or business function requires regulated support.

MTS is seeking a Financial Intelligence Unit (“FIU”) Senior Analyst who will assist to coordinate and maintain a robust AML/CFT program in alignment with US AML/CFT regulations, including the Bank Secrecy Act, USAPA, AMLA, FinCEN issued guidance, internal standards, and regional sanctions reporting obligations.

Additionally, the candidate will assist to drive overall improvements in the financial crimes compliance program through consistently innovating and problem-solving in the Compliance arena, focusing not just on effectiveness, but also efficiency. The ideal candidate is passionate about optimized compliance, understands the end-to-end workings of a FIU, highly motivated, intellectually curious, analytical, and possesses an entrepreneurial mindset. He or she also has a deep understanding of the AML/CFT/Sanctions regulatory and operational framework.

Role Summary:
The FIU Sr. Analyst must be knowledgeable and skilled in the relevant AML/CFT Compliance areas. The FIU Sr. Analyst will assist the FIU Manager for North Americas to carry-out the AML/CFT investigation functions for MTS US, including developing cases, preparing SARs, and quality controlling FIU outputs and contributing to the overall development of the FIU function.

This role requires working as part of a geographically diverse team and a matrix structure collaborating with multiple stakeholders across MTS and the wider Mastercard organization. This role demands excellent, clear, and articulate communication skills, both verbal and writing, and the ability to clearly and concisely communicate issues, regulations, and processes. MTS is poised for further expansion and now requires a seasoned FIU Sr. Analyst to drive process improvement (both effectiveness and efficiency) within the MTS control framework.

Key Responsibilities:
1. Report and work closely with the FIU Manager for North Americas to determine the effectiveness and efficiency of the FIU Program and its ability to identify, detect, deter, and report suspicious activity.
2. Review and investigate alert escalations and referrals for potentially suspicious activity for consideration of SAR reporting.
3. Ensure timely and accurate submission of reports to the FinCEN and other relevant authorities.
4. Review laws, regulations, FinCEN advisories and OFAC enforcement actions that impact the MTS compliance requirements, with emphasis on red flags and typologies.
5. Assist in the maintenance of FIU compliance policies, programs, and procedures.
6. Monitor and review regulatory findings against other financial institutions for lessons learned, share with the FIU Manager, and complete gap analysis against MTS FIU program as necessary.
7. Contribute, as a key member of the MTS US Financial Crimes Compliance team, to the development and implementation of the wider comp