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
Manager Financial Crimes Compliance (Governance)
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
Manager, Financial Crimes Compliance (Governance) – Brazil
Overview
The Manager, Financial Crimes Compliance is responsible for supporting and strengthening Mastercard’s Anti Money Laundering (AML), Counter Terrorist Financing (CTF), Sanctions, and Proliferation Financing prevention program across Brazil. The role covers all customer types, products, services, and distribution channels, and provides subject matter expertise to senior leadership to manage, control, and mitigate financial crime risk in compliance with Mastercard AML Standards and Brazilian regulatory
The role aims to ensure that Activity on the Network remains in compliance with Mastercard AML Standards and Brazilian regulatory, through Customer reviews, product evaluations, in depth data analytics, management of unusual activity as well as through the development of customized region-specific processes and procedures.
Role:
• 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
• Support in the establishment of regional Financial Crimes Compliance standards relating to AML and Sanctions Systems, as may be necessary to support local compliance requirements such as those which relate to our regulatory obligations
• Responsible for coordinating and maintaining the Internal risk assessment related to money laundering, terrorist financing, and proliferation of weapons.
• Support the AML Regional Director with regulators, auditors, and law enforcement authorities on AML related matters in Brazil.
• Coordinate the preparation, validation, and submission of the annual AML/CTF Risk Assessment report to the Central Bank of Brazil
• Manage data requests from regulators and law enforcement, ensuring timely and compliant responses
• Contribute to and support periodic AML Program and Enterprise Risk Assessments at global and regional levels
• Compile and implement improvements to AML governance, processes, procedures, controls, and supporting technologies
• Ensure AML policies, procedures, and internal controls remain documented, current, and effective.
• Prepare executive level AML and risk assessment materials
• Support management reporting, dashboards, and metric based presentations to Global VP and regional AML Director.
• Promote a strong compliance culture by embedding risk awareness, accountability, and regulatory expectations across the organization
• Conduct Quality Assurance across the Brazil AML and Sanctions program
• Develop governance framework from Brazil AML and Sanctions program
• Ensure all systems are updated with accurate information
• Lead change management control process for Compliance
• Lead ongoing maintenance of relevant policies, standards and procedures
• Support merger and acquisition activity
• Lead development and implementation of program enhancements
• Assist in root cause analysis process
• Assist in developing and providing training
• Maintain matrix on existing regulatory obligations
• Anticipate changes to regulatory landscape and proactively evaluate expected impacts
• Assist in developing and presenting senior management reporting
• Assist in managing regulatory examinations and internal audit reviews
All About You
Education and Skills:
• Bachelor’s degree required, JD or advanced degree desirable. 5- 10 years of risk management and/or global Financial Crimes Compliance experience in banking/financial operations preferred
• Must have experience supporting a regulatory compliance program/ suspicious activity monitoring program
• Must be fluent in using excel, pivot tables
• Must have experience managing a regulatory compliance program/ suspicious activity monitoring program
• Intermediate skills with BSA/Financial Crimes Compliance program requirements and experience with program/project management and familiarity with the USA PATRIOT Act, FATF, FSA 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
• Ability to manage high-pressure situations and tight deadlines effectively.
• Multilingual skills are necessary and must include English and Portuguese
List desirable or additional capabilities:
• Excellent written, oral, and presentation skills
• Knowledge of banking/financial operations, transaction processing and/or payments-related industry experience is a plus
• ACAMs certification(s) preferred
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks come 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.
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.