FIU Senior Analyst Job Purchase area,New York USA,Finance & Banking

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.

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.

Key Responsibilities

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.

Review and investigate alert escalations and referrals for potentially suspicious activity for consideration of SAR reporting.

Ensure timely and accurate submission of reports to the FinCEN and other relevant authorities.

Review laws, regulations, FinCEN advisories and OFAC enforcement actions that impact the MTS compliance requirements, with emphasis on red flags and typologies.

Assist in the maintenance of FIU compliance policies, programs, and procedures.

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.

Contribute, as a key member of the MTS US Financial Crimes Compliance team, to the development and implementation of the wider compliance strategy, including staffing.

Qualifications

Confident verbal and written communication skills with the ability to deliver consistent messages to all levels of the company.
Excellent written and oral communication skills for documentation, reports, and presentations.
Minimum 3-5 years of experience in AML/CFT/Sanctions compliance, preferably in a regulated financial institution or fintech.
Strong investigative skills and ability to provide rationales supporting work product.
Working knowledge of SharePoint development.
Highly competent in the use of MS Office tools (PowerPoint, Excel, Visio).
Preferred experience in cryptocurrency AML/CFT/Sanctions monitoring, with a background in using blockchain analytics tools to investigate digital asset transactions.

Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disability or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role.

Corporate Security Responsibility

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.

In line with Mastercard's total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience.

Mastercard benefits for full time employees generally include: 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…