Director, AML SME, Financial Crime Solutions

Posted 2 Days Ago
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New York, NY, USA
Hybrid
179K-318K Annually
Expert/Leader
Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
We are a global technology company in the payments industry.
The Role
Leads AML financial crime product strategy, roadmaps, market opportunities, partner relationships, and go-to-market initiatives. Oversees product enhancements, business cases, technical requirements, vendor management, and cross-functional teams. Provides industry thought leadership across AML, financial investigations, regulations, crypto, AI, machine learning, PEP, and sanctions. Directs strategic and financial planning, staffing, performance management, and product marketing efforts to grow issuance and strengthen Mastercard’s financial crime solutions.
Summary Generated by Built In
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
Director, AML SME, Financial Crime Solutions
Overview
The AML Solutions Team is Made up of Product Enablement, Product Development / Management and the SME Function. We also work closely with our Technology Partners and Data Science to create world class Network Scores for Financial Crime and partner with external Data and Platform Providers to supply our customers with Tools to combat AML and FinCrime across the Globe.
The AML Solutions Team in Mastercard is looking for a Director of Product to join the Subject Matter Expert and Education and Awareness Team. The ideal candidate will be passionate about Financial Crime and have a strong background in AML, AI Machine Learning, Pep & Sanctions. This role is key to the success of Mastercard in the AML ecosystem.
This role provides a Key Opportunity to drive Thought Leadership and Shape and Support our Go To Market Strategy in Mastercard for AML Products and Solutions. The candidate will have the opportunity to lead a highly performant team and become an integral part of success making the Mastercard Network Safer and more Secure for our Customers.
Role
• Ensures positive cardholder experience by working with Issuers and Partners. • Develops product AML strategies and roadmaps to execute to ensure maximum penetration of market segments. • Manages and maintains existing product lines on an on-going basis, including vendor management. Conducts opportunity assessments on new ideas and concepts. • Provides design specifications for product enhancements to Product Development. • Defines business and technical requirements, and manages the relationships of technical resources and the Global Technology Organization to maintain and build out platforms. • Works with Issuers and Partners to create positive experiences for cardholders • GDV growth of Product and support new and increased issuance • Identify strategic business-building opportunities in products and solutions that can be offered to customers • Be an industry expert to determine new needs and innovations that MasterCard may want to investigate Monitors performance, provides feedback, defines & approves change control processes, and manages partner relationships • Overall responsibility for idea generation; concept validation; and business case development for existing products • Develop and implement programs and initiatives using the Go-To-Market process to increase card issuance in both established and emerging markets • Responsible for evaluating and applying market research and directing opportunity assessments on new ideas and concepts and communicating them to Product Development • Direct coordination with Product Development, customers and third parties to develop strategy and enhancements of product offerings • Oversee the planning, development and design of product marketing strategy from product decision through end of life cycle • Build relationships with product groups to garner feedback for development of MasterCard products Oversee the execution of advertising, promotional, and sales programs to meet unit objectives • Work with regional/line staff to ensure maximum penetration of market segments. • Drive strategic and financial planning efforts and oversee management of the department • Ensure appropriate staffing levels are maintained for current needs as well as anticipated growth and/or changes • Support department in development and completion of objectives and assess management staff against established measures • Ensure that department objectives are aligned with the overall Business strategy and that individual team members are evaluated against same Education: Bachelor's degree in business or equivalent work experience. Advanced degree desirable
All About You
• Substantial business experience in financial services and/or bankcard industry preferred. • Experience Financial Investigations, Regulations, Crypto• Excellent oral and written communication, negotiation, project management and matrix-management skills are critical • Ability to interact and coordinate effectively with internal and external business partners • Ability to effectively direct and manage multiple functions • Ability to initiate and effectively lead change efforts • Business Acumen with the ability to provide solutions that drive positive results to the customer and MasterCard • Self-motivated with a proven track record of delivering success while operating within a team environment • Embody the MCW leadership principles: demonstrate courage & resolution; encourage teamwork, integration, & inclusion; execute the global strategy; inspire & empower; operate with a sense of urgency Work Conditions: • Some travel required • General office environment
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 [email protected] 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 and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. 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 of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 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; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.THIS POSTING IS NOT FOR A CURRENT VACANCY, BUT MASTERCARD IS SEEKING RESUMES TO REVIEW IN THE FUTURE WHEN JOBS BECOME AVAILABLE.
Pay Ranges
New York City, New York: $187,000 - $318,000 USD
Purchase, New York: $179,000 - $305,000 USD

Skills Required

  • Bachelor's degree in business or equivalent work experience
  • Advanced degree
  • Substantial business experience in financial services and/or the bankcard industry
  • Experience with financial investigations, regulations, and cryptocurrency
  • Strong oral and written communication skills
  • Negotiation skills
  • Project management skills
  • Matrix-management skills
  • Ability to coordinate effectively with internal and external business partners
  • Ability to direct and manage multiple functions
  • Ability to initiate and lead change efforts
  • Business acumen and ability to develop solutions that drive positive results
  • Proven track record of delivering success in a team environment
  • Leadership, teamwork, inclusion, strategy execution, empowerment, and urgency

What the Team is Saying

Jenny
Mastercard

Mastercard Compensation & Benefits Highlights

  • Retirement Support — Retirement plans are highlighted as especially strong, featuring a notably generous company match and added financial-planning resources. Feedback suggests this component stands out as a key strength of the overall package.
  • Parental & Family Support — Parental and family benefits are consistently portrayed as robust, including extended new-parent leave and assistance for fertility, adoption, and surrogacy. Feedback suggests these programs are a signature part of the offering.
  • Leave & Time Off Breadth — Paid time off is described as substantial, with multiple leave types and generous vacation and personal days noted in U.S. materials. Feedback suggests time off is frequently praised as a differentiator.

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The Company
HQ: Purchase, NY
38,800 Employees
Year Founded: 1966

What We Do

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient 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.

Why Work With Us

We live the Mastercard Way: creating value in the communities we touch, growing together through the opportunities we see, and moving fast to innovate and scale. Our collaborative culture and our passionate people are the key to what we do, driving meaningful change as one team and connecting everyone to priceless possibilities.

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Employees engage in a combination of remote and on-site work.

In our ongoing workplace evolution, we’ve introduced hybrid work, Work-From-Elsewhere Weeks and Meeting-Free Days.

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