Director, Legal Compliance

Director, Legal Compliance 1. Overview

Mastercard Transaction Services (MTS) is a global licensed payments company that powers our regulated payments products that enable our customers to send and receive funds in over 125 countries. Our applications deliver compliance, risk management, currency conversion, liquidity management and multi-format messaging solutions to our clients, which include banks, financial institutions, e-commerce companies, and service marketplaces.

The Pune Shared Services Centre is one of several centres globally that execute key compliance activities including Due Diligence, Sanctions Screening and Transaction Monitoring activity and for the operation of the Financial Investigation Unit.

2. Role

The Director is responsible for the leadership of the centre of excellence and for the delivery of a compliant and effective operation in line with company standards and within SLAs.

Maintain oversight of the team managers and senior analysts responsible for meeting daily and monthly production and quality objectives

Drive a culture of continuous improvement across all processes and all team members, constantly striving for greater efficiency

Responsible for the recruitment and training of the team in the centre including study for appropriate professional qualifications

Development and management of a capacity plan to ensure full coverage of key activities at all times

May act as the Principle Officer for one of the regulated entities within the group.

Maintains a strong working relationship with both the RBI and the Indian FIU

Build and leverage strong working relationships and networks with key colleagues in the Business Development, Network, Regulatory and Legal teams

3. All about You/Experience.

You will already have at least 5 years experience in managing operational Compliance teams focused on AML, including Due Diligence, Sanctions or Transaction Monitoring

You will be familiar with process improvement methodologies aimed at generating quick wins without significant financial or technical investment.

Experience of direct interaction with both the Reserve Bank of India and the Indian FIU is a distinct advantage

ACAMS or similar qualifications are much preferred

Excellent verbal and written English skills are essential

This is a high profile role that requires an open and honest communicator who can influence both teams and individuals to exceed their own expectations