Senior Analyst, Legal Compliance

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 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.

Job Title

Senior Analyst, Legal Compliance

Senior Compliance Analyst – Mastercard Prepaid Management Services Australia

Role Overview:
Working as part of the Mastercard Prepaid Management Services (“MPMS”) APAC Compliance team, this position supports the provision of compliance and risk services to MPMS’ business in Australia and New Zealand. The role reports to the Regional Head of Compliance (APAC) and is based in Sydney.
The MPMS business operates in the financial services sector in Australia and New Zealand and its prepaid card program management activities are subject to financial services and anti-money laundering regulation.
Working as part of the APAC Compliance team, the Senior Compliance Analyst will carry out 2nd line compliance assurance reviews in accordance with the compliance plan and provide compliance and risk advisory to the business (roughly 70% of the role) and is responsible for drafting responses to the external dispute resolution bodies AFCA and FSCL (roughly 30% of the role).

Key Responsibilities:

• Perform risk-based assurance of key regulatory requirements in line with the compliance plan.
• Provide advice to the business on compliance obligations arising from applicable laws, regulations, guidelines, codes of conduct and market practice.
• Provide recommendations for effective AML/CTF controls within the business to manage and mitigate risk.
• Reviewing marketing and product disclosure material.
• Interpret compliance obligations in the business context.
• Escalate and record any identified non-compliance.
• Respond to AFCA and FSCL in relation to external complaints.

About you:

• AML experience obtained working for a banking, financial services or money services organisation or AML regulator.
• Ability to understand regulations and regulatory guidance, assess the impact and develop practical operational procedures to ensure ongoing compliance. Understanding of AML/CTF legislation and complaints resolution requirements will be looked on favourably.
• Must demonstrate a proactive, time sensitive, results driven approach in carrying out all duties, obligations and responsibilities.
• Strong written and verbal communication skills with attention to detail is a must.

Our culture:
At Mastercard we are committed to the highest standards of ethics and integrity. Ethics and Compliance are at the core of our company values and are essential to both the personal success of every Mastercard employee and to the success of the company.
Our culture offers a world of Priceless possibilities. It’s a culture of purpose, belonging and knowing that the work you do matters.
Our Global Tech Hub located in Sydney brings together 800+ Mastercard employees in one location with dedicated teams accelerating innovation beyond payments using new technologies and creative capabilities.
We cultivate an environment for all employees that respects their individual strengths, views and experiences. We were recently voted the sixth best place to work in Australia, and the second best place globally for efforts towards creating an inclusive culture after being in the top 10 companies for the tenth year in a row.
NOTE: Candidates go through a thorough screening and interview process.

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.