Associate Analyst - Legal Compliance

Associate Analyst, Legal Compliance

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

Associate Analyst, Legal ComplianceAssociate Analyst – Legal Compliance

Role Purpose:
As part of Mastercard Prepaid Management Services’ Compliance Team, this role is responsible for ensuring full due diligence is completed for all potential and existing clients and an appropriate settlement limit assigned as part of client onboarding.
This is a demanding and diverse role which includes all aspects of accreditation for both Anti Money
Laundering (Know Your Customer) and Settlement Limits. The team liaises with all areas of the business.
The successful candidate will principally be responsible for the initial accreditation of prospective clients, ongoing re-accreditation including regular customer reviews and reporting. They will also be expected to attend various meetings, representing the Client On-Boarding Team.


Key Accountabilities:

KYC (Know Your Customer)

• Complete “Know Your Customer” accreditation for new external relationships, in line with the Mastercard Prepaid Management Services AML Policy.
• Interpret external Anti Money Laundering Reports
• Complete regular reviews on all existing relationships, within given time frames
• Maintain data on the BvD, the online tool used Mastercard wide.
• Maintain electronic files for all active clients.
• Monitor the global markets for financial or AML risk and make recommendations to management as appropriate.

Settlement Limit Management
• Access/Evaluate credit worthiness of potential external relationships and approve credit limits in line with Finance Policies
• Interpret Credit Agency reports
• Interpret audited Financial Accounts
• Monitor Credit reports for existing external relationships, changing limits in line with Finance Policies
• Complete regular credit reviews within given time frames
• Work with Client Financial Services to assess risk associated with client non-settlement and take appropriate action



Core Skills
• Knowledge of Anti Money Laundering requirements.
• Knowledge of Accounting/banking practices.
• Solutions driven, innovative thinker and problem solver.
• Excellent communication skills to build and maintain strong relationships with key stakeholders, globally
• Accuracy and attention to detail is essential.
• Strong planning and organisational skills, working to deadlines.
• An ability to work independently.
• Sound PC skills.

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.

Experience Level

Mid Level