Analyst, Legal Compliance

Analyst, Legal Compliance Analyst, Legal Compliance - Job Description Summary
Location: Pune, India

Overview:

Mastercard is committed to protecting our network from being used to facilitate money laundering or terrorist financing. Mastercard s Global Anti Money Laundering (AML) Financial Intelligence Unit (FIU) has implemented transaction monitoring programs to meet regulatory obligations, support internal stakeholder investigations and to ensure that customers have robust programs in place to meet Mastercard requirements.

The Financial Intelligence Unit is responsible for Suspicious Transaction Reporting (STR), Cash Transaction Reporting (CTR) and other required reporting to the India Financial Intelligence Unit,. Mastercard s obligation is to monitor cross border cardholder activity conducted within India utilizing the Mastercard network, to identify red flags indicating potential money laundering and/or terrorist financing activity

In addition, Mastercard conducts transaction monitoring and data analysis of Domestic India Customer activity.

Role & Responsibilities

Responsible for performing accurate and timely suspicious activity transaction monitoring alert dispositions:
oAnalyze patterns of behavior by card and/or merchant to detect suspicious activity, exercising critical thinking and using solid judgement in determining the validity of the alerts
oUtilize MasterCard tools as well as external research methods to enhance data analysis
oDocument clear and concise alert disposition summaries
oEngage cross functional teams as needed for dispositioning of alerts as needed
oEscalate analysis concerns to manager for guidance
oMaintain current tracker of alerts generated, alert disposition documentation including:
oPrepare files for India FIU STR, CTR and other required reporting, and deliver/upload to the India FIU within required timeframes and within required formats
oLog recurring STR/CTR and other required reporting or India FIU requests within Government Data Request Tracker and seeking Data Privacy and Regulatory approval when required and providing support as needed
Disposition domestic India Network Guardian transaction monitoring alerts, performing accurate data analysis and executing data queries
Ability to work with various internal and external teams to troubleshoot data, reporting issues, and demonstrate proficient manipulation of data using tools such as Microsoft Excel
Maintain a high degree of professional competence in the area of financial crimes investigations through self-study, webinars/seminars, professional organizations, and other internal or external training
Act as a back-up to the Manager, Legal Compliance in Pune

Knowledge/Technical Skills

Bachelor s degree required, AML transaction monitoring experience preferred or equivalent experience working within a financial Institution
Ability to proactively manage time and prioritize tasks to meet analysis and investigative goals in an efficient and complete manner
Demonstrated ability to manage and work independently, effectively and efficiently in a fast-paced environment, and able to identify issues for escalation within a timely manner
Advanced Microsoft Excel knowledge required, including Power Pivot
Demonstrated ability to analyze large complex data sets; use external resources to arrive at conclusions; and creatively identify why trends in data are occurring
Understanding of basic coding concepts and methodologies to extract, clean, manipulate, and summarize data
Understanding of Structure Query Language (SQL) or similar programming languages, including modifying existing SQL scripts to extract data pertaining to a specific investigation
ACAMS Certification preferred
Excellent written, oral and listening skills
Ability to swiftly adapt to changing priorities while working through different data sets
Consistently produce high quality, accurate, detailed reports according to requirements
Ability to present and clearly explain and defend conclusions verbally and visually
Demonstrate a high degree of self-motivation, independence, organization, time management, and attention to detail
Ability to multi-task while consistently meeting deadlines