Director, Regulatory Compliance

Director, Regulatory Compliance Overview

Mastercard is a technology company in the global payments business, connecting cardholders, customers, financial institutions, merchants, governments and businesses worldwide. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all. Mastercard has been rapidly expanding its wide range of payment solutions by increasing worldwide connectivity in the account-to-account space, enhancing compliance capabilities and offering more robust foreign exchange tools. Mastercard is seeking an experienced regulatory compliance professional to join our Global Regulatory team to lead the Americas regulatory compliance program for our cross-border account-to-account business. This position is integral to a Mastercard strategic initiative and will report to the Senior Managing Counsel, Regulatory. The ideal candidate is a compliance champion and proven leader with deep experience in building and supporting compliance management programs and a background in payments and financial technology.

Role

The Director, Regulatory Compliance will lead a team charged with executing the regulatory compliance strategy for our account-to-account cross-border activity in the Americas to ensure compliance with money transmission and other payment services regulations.

The role will be responsible for developing and implementing enhancements to the global regulatory compliance program, and will require strong leadership, collaboration and execution to ensure regulatory compliance across the business. Key activities include :

• Lead the development and execution of global regulatory strategy for cross-border account-to-account business
• Manage global team of regulatory compliance professionals to meet local regulatory compliance requirements
• Oversee quality assurance and testing process for regulatory compliance functions
• Design and implement parameters for key risk indicators for escalation to senior management
• Partner closely with AML Compliance, Finance, and other business units to meet regulatory compliance obligations
• Manage ongoing supervision and examinations
• Enhance and maintain regulatory compliance risk assessments
• Maintain strong industry knowledge of regulations, changes, trends and impacts to the business

All About You

Proven experience developing and managing regulatory compliance programs for large bank or non-bank financial institution

Proven success in navigating a multi-national organization and operating effectively within a diverse multicultural organization

Knowledge of US, Canada, and Mexico payment services regulations and license requirements is preferred, including US state money transmission laws and regulations issued by FinCEN, FINTRAC, CNBV

Self-starter / motivated to work independently and as an effective team member

Experience managing regulatory supervision is a must

Proven success in navigating a multi-national organization and operating effectively within a diverse multicultural organization

Excellent written and verbal communication skills in English a must; Spanish strongly preferred

Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

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 :

Pay Ranges

Miami, Florida : $135,000 - $216,000 USD

Atlanta, Georgia : $135,000 - $216,000 USD

New York City, New York : $162,000 - $259,000 USD