Director, Legal AML Compliance

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 AML Compliance

Job Title: Director, Legal AML Compliance , Thailand
Department: Risk

Overview:

The Legal AML Compliance team actively participates in the development and implementation of a robust compliance program that is designed to meet our regulatory obligations and ensure that internal and external constituents understand and respect the importance of their responsibilities with regard to this function.
Reporting to Vice President, Legal AML Compliance, the Director role will be part of the regional AML Advisory team and will be responsible for supporting AML reviews, conducting compliance investigations (with specific focus on Thailand market), reporting information to relevant stakeholders, developing relationships with key internal and external partners, and assisting with management of AML and Sanctions risks. This role requires critical thinking, data analytics knowledge, problems solving skills, and in-depth understanding of Anti-money Laundering compliance principles and Mastercard AML rules.

Primary Responsibilities:
• 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
• Establish local AML Compliance standards relating to AML and Sanctions Systems, as may be necessary to support local compliance requirements such as that which relates to our regulatory obligations
• Lead and manage key data initiatives across AML and Compliance function, through system tuning; trend analytics; data integrity checks; reporting and tracking
• Manage and Lead data requests from law enforcement and internal stakeholders
• Provide input to periodic AML Program Risk Assessment
• 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 Regional and Global AML Compliance management
• Manage, lead and coordinate regional FIU alerts, escalations, and investigative inquiries
• Provide AML and sanctions regional support to business lines and internal stakeholders
• Lead regional AML/Compliance Business Advisory team in meeting regional AML and Compliance needs, and supporting Senior Regional Counsel
• Manage and execute outcome of the regional onsite reviews of network customers and service providers, track timely remediation, billing of customer events and non-compliance incidents
• Provide AML and sanctions expertise, guidance and approvals in regional products and services initiatives
• Support management reporting, presentations, and metrics processes
• Support, escalate and manage Customers to the risk working groups by presenting elevated AML and sanctions risks
• Recommend process, procedure, governance and technology improvements
• Develop and provide regional AML and sanctions training to Customers and internal stakeholders
• Support in the development and coaching of staff allocated to the AML and Sanctions program.


Experience and Skills:
• Bachelor’s degree required, JD or advanced degree desirable. 8-12 years of managing AML and Sanctions program experience in banking/financial operations preferred
• Must have experience managing a regulatory compliance program/ suspicious activity monitoring program
• Must be fluent in using SQL and advanced experience using excel, pivot tables
• Advanced skills with BSA/US Patriot, US Sanctions and local compliance program requirements and experience with program/project management and familiarity with 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
• Practical problem solver with demonstrated ability to partner effectively with others in handling complex and/or sensitive issues
• Confident and seasoned leader with strong interpersonal skills and sound business judgment
• Demonstrated effectiveness operating in complex organizational structure
• Superior attention to detail, problem-solving, organizational, and written/verbal communication skills
• Proficient in both verbal and written Thai and English
• Ability to remain flexible in a demanding work environment and adapt to rapidly changing priorities
• ACAMS Certification preferred.

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.