**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** VP, Mastercard Transaction Services, US BSA/AML Officer MTS Overview: Mastercard Transaction Services [MTS] and its subsidiaries are the legal entities under which all of Mastercard’s licensed money transfer and payment initiation services will be conducted, reporting into the Commercial and New Payments Platform (CNPF) division. The MTS business unit and the MTS shared services functions are housed under the umbrella of MTS and is comprised of components that are central to the activities of a licensed payment services firm. These components are: • Payment/Money transmitter licenses for operating payments business in defined jurisdictions • Contract definition (associated T&Cs) specific to the MTS entity and its umbrella geographies • Associated settlement accounts and other services for the relevant MTS entity • Compliance services including, but not limited to, due diligence, real-time sanctions screening/AML/fraud management etc. • Regulatory reporting to the relevant regulators on behalf of the regulated business and its subsequent activities MTS US is the authorized and regulated licensed entity within Mastercard Transaction Services (MTS) through which regulated payments activity is undertaken for our US based Customers and others around the world. MTS is a division within Mastercard that undertakes payments business wherever a Product or Business function requires regulated support. MTS is looking for a Bank Secrecy Act (BSA) Officer based in Purchase, New York who will coordinate and maintain a healthy AML/CFT/Sanctions program in alignment with the Bank Secrecy Act requirements to detect and prevent money laundering. In addition, the candidate will drive our customer experience strategy forward by consistently innovating and problem-solving in the Compliance arena. The ideal candidate is passionate about the customer experience journey, highly motivated, intellectually curious, analytical, and possesses an entrepreneurial mindset. Role Summary The US BSA Officer will need to be knowledgeable and skilled in the relevant AML/BSA Compliance areas and report on a quarterly basis to the MTS US Board on the status of the Compliance program and its organization. MTS US serves customers based in the USA, and a number of other countries around the world. This role will require you to work as part of a geographically diverse team and part of a matrix structure serving a few stakeholders across MTS and the wider Mastercard organization. This is a high-profile role that requires excellent, clear and articulate communication skills and the ability to influence senior level stakeholders in a convincing manner. MTS is poised for further expansion and now requires a seasoned US BSA Officer to take the BSA control framework to the next level. In particular, the role holder will: 1 – Report and work closely with the MTS Chief Compliance Officer to determine the effectiveness of the Compliance Program and its ability to identify, detect, deter and report suspicious activity. 2 – Review laws and regulations that impact the MTS compliance requirements, with emphasis on Bank Secrecy Act (BSA/AML), USA Patriot Act, and OFAC. 3 – Undertake comprehensive risk assessments to determine BSA/AML and other risk exposures through collaboration with other functions to develop mitigating controls as required. 4 – Maintain compliance policies, programs, and procedures to ensure ongoing review by the Board of Directors as necessary. 5 - Ensure all staff - up to and including the Board - are adequately trained in the Bank Secrecy Act, Patriot Act and other relevant regulations. 6 - Disseminate information, answer questions, and be a subject matter expert for MTS on BSA/AML/OFAC-related issues. 7 – Lead MTS US regulatory examinations and audits, including gathering requested information and developing and coordinating responses to such reviews as necessary. 8 – In some instances, you will be asked to support the business in an advisory capacity, conduct customer due diligence, and where necessary, enhanced due diligence of customer relationships to determine risk and mitigating controls. 9 – Review regulatory findings against other financial institutions for lessons learned, share with the Board and complete gap analysis against MTS, as necessary. 10 – Contribute, as a key member of the Compliance leadership team, to the development and implementation of the wider compliance strategy including staffing. 11- Serve as the Money Laundering Reporting Officer (MLRO) role for the MTS Canada licensed entity. 12 – Management and oversight of the Digital Currency Enablement Director and the overall Compliance Bitlicense project. 13- Work with Legal, Regulatory, Compliance, and Product/Shared Services as well as the wider business on strategic cross functional improvement activities All About You • Excellent written/oral communication skills for documentation, reports and presentations • Working knowledge of a regulated environment • Capable of process identification and mapping • Working knowledge of SharePoint development • Digitally aware and experienced with process improvement, automation of manual processes and use of technology to generate efficiencies and scalable outcomes • Highly competent in use of MS Office tools (PowerPoint, Excel, Visio) • Confident communication skills with an ability to deliver consistent messages to all levels of the company Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly. **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. In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance), flexible spending account and health savings account, paid leaves (including 16 weeks new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 5 personal days, 10 annual paid U.S. observed holidays, 401k with a best-in-class company match, deferred compensation for eligible roles, fitness reimbursement or on-site fitness facilities, eligibility for tuition reimbursement, gender-inclusive benefits and many more.