Vice President - Legal Compliance - Economic Sanctions and Export Controls

Confidential Company  •  Purchase, NY

Salary depends on experience
Posted on 03/21/18
Confidential Company
Purchase, NY
Salary depends on experience
Posted on 03/21/18

Overview

At Mastercard, we are committed to protecting our network from being used to facilitate money laundering or terrorist financing, and to ensure that Sanctions and Export Controls requirements are met. The Global AML, Sanctions and Export Compliance teams have implemented robust compliance programs that are designed to meet regulatory obligations and ensure that internal and external constituents have robust programs in place to meet Mastercard and/or regulatory requirements.

Reporting to the Senior Vice President, Counsel – Global Compliance AML, Sanctions and Export Controls, the role of Vice President – Legal Compliance - Economic Sanctions and Export Controls, Law and Franchise Integrity (LFI) will lead efforts to identify and understand the risks associated with sanctions and export controls, and how Mastercard can best mitigate those risks. Efforts will include developing an understanding of Mastercard’s products and business strategy, and factoring in risk criteria and regulatory obligations to determine appropriate handling of the risk.

Role

• Drive enhancements to the enterprise Economic Sanctions and Export Controls compliance programs
• Adapt policies, procedures, and controls to keep pace with business and regulatory changes
• Develop and deliver training and communication on program requirements across enterprise
• Drive enterprise risk assessment process for sanctions and export controls related risks, including updating and documenting methodology
• Provide oversight of sanctions screening process for customers, third parties and employees
• Lead enterprise response and investigations on potential sanctions-related incidents
• Provide oversight of sanctions and export controls related activities undertaken by the Global Business Shared Services CenterSupport due diligence and provide integration assistance in connection with mergers, acquisitions, and investments Lead development and implementation of program enhancements
• Provide subject matter expertise in the review of new product development
• Anticipate changes to regulatory landscape and proactively evaluate expected impacts
• Assist in developing and presenting senior management reporting on the sanctions and export controls programs
• Assist in managing regulatory examinations and internal audit reviews

All About You:

• Bachelor degree required, JD/Master’s preferred or equivalent experience working within a Financial Crimes Compliance environment or having job responsibilities related to or interacting with sanctions functions
• Required to have domain expertise in the areas of economic sanctions and export controls
• Required to have operational experience managing sanctions related processes relating to risk assessments and controls
• Required to have experience advising internal clients on sanctions related issues
• Demonstrated ability to manage and work independently, effectively and efficiently in a fast paced environment
• Ability to prioritize and manage multiple assignments
• Self-motivated with excellent organizational skills and in-depth analytical skills
• Ability to conceptualize new ideas and complex technical matters quickly
• Ability to monitor and interpret information for decision-making and presentation
• Ability to meet schedules and deadlines with thorough, accurate and quality work products
• Ability to remain flexible in a demanding work environment and adapt to rapidly changing priorities
• Excellent written, oral, listening and presentation communication skills to effectively communicate with all levels of the organization and consultants
• Very comfortable with public speaking and presenting to senior management
• ACAMS Certificationpreferred

    R-62997

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