Associate Analyst, Legal Compliance

Job Description

Our PurposeWe work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team one that makes better decisions, drives innovation and delivers better business results.Job TitleAssociate Analyst, Legal Compliance RoleReporting to Compliance Manager, Associate Analyst Compliance is required to perform a holistic review of Sanction Screening / Fraud / AML screening holds / Alerts to determine validity of match. The Associate Analyst is required to conducts alert reviews to identify potential high-risk transactional activity, potential attempts of structuring and transactions involving high value cash movement through international borders also to conducts alert reviews to identify potential high-risk transactional activity, PEPs reviews, sanctioned individual Negative News/ Derogatory information reviews, potential Sanctions match reviews and beneficial ownership reviews. It is further required to examine information received from clients, to review reports on clients activities and ensure proper record-keeping.Role tSanction screening / Fraud / AML screening alert remediation: 80%otInvestigate and assess real-time alerts and post transaction AML and Fraud related alerts along with alerts for potential match with International Sanctions lists, PEP lists and companies internal lists.otEnsure efficient identification of suspicious activities and resolution of AML / Fraud / Sanction screening related alerts. otCoordinates with Agents/Partners/Clients to conduct necessary due diligence, obtain necessary information, documentary proof and take appropriate action to mitigate potential risks.otCoordinate with Senior Compliance Analysts and Regional Compliance Officers on issues and matters of concern related to transactions monitoring / Sanction screening and agents/partners risks.otTimely execution of queries received from Senior Compliance Analysts and Regional Compliance Officers.otMaintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends.otAssist in identifying systemic procedural weaknesses and additional training requirements for the company. tSubject Matter Expertise and Continuing Education Responsibilities: 10%otDemonstrate and maintain effective knowledge of simple and complex financial activities, including but not limited to international money remittance, global markets products and services, corporate and personal transactions.otKeep abreast of current regulatory developments to ensure the implementation of appropriate AML operational procedures related to sanctions. tAdditional Duties as Assigned and Compliance and Regulatory Responsibilities: 10% otAssist Transaction monitoring Team leader in ad-hoc requests Experience, Skills and Qualifications: -tProfessional experience ot1-3 years of Transaction Monitoring - investigative or related experience with specific emphasis on Sanction screening / Fraud / AML at a financial institution preferably in International Money Remittance business. -tEducational qualifications otBachelors degree in Legal, Business, or related field of study. otAML related professional certifications such as or CAMS are highly desirable.-tInterpersonal skillsotExcellent interpersonal abilities including superior oral and written communication skills.otAbility to work under pressure with tight deadlinesotAbility to handle issues and concerns with tact and diplomacyotWilling to work on shifting schedule otAdditional language skills Arabic language skill is highly desirable -tTechnical / AML skillsotExperience reviewing and analyzing international money transfer transaction activity highly desirableotKnowledge of AML red flags , particularly with respect to international money remittance with specific emphasis on Sanctions and fraud prevention is highly desirable. otProficient in the application of various automated systems used to monitor transaction activity.otUnderstanding of money remittance products and services and how they may be exploited for criminal purposes, including but not limited to money laundering and terrorist financing activities.The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.************************************Due to COVID-19, most of our employees are working from home. We ve implemented a virtual hiring process and continue to interview candidates by phone or video and are onboarding new hires remotely. We value the safety of each member of our community because we know we re all in this together.Mastercard is an inclusive Equal Employment 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. If you require accommodations or assistance to complete the online application process, please contact reasonable.accommodationmastercard.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.,

Keyskills :
customer relationscomplianceresearchriskbasisitem response theorydue diligencemoney transferlanguage skillsdigital economylegal compliancefraud preventionterrorist financingcompliance officers