Analyst, Legal Compliance

Our Purpose

We 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.

Title and Summary

Analyst, Legal Compliance

Who is Mastercard?
Mastercard is a global technology company in the payments industry. Our mission is 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. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Overview
Mastercard has been rapidly expanding its wide range of payment solutions by increasing worldwide connectivity in the account-to-account space, enhancing compliance capabilities and offering more robust foreign exchange tools.

Mastercard is seeking an experienced regulatory compliance professional to join our Global Regulatory team to support the regulatory compliance program for our real time payments services in Latin America. This position will report to the Senior Counsel, Regulatory Affairs based in Mexico.

Role
The Analyst, Legal Compliance will assist with executing the regulatory compliance strategy for our real time payment services and licenses in Mexico to ensure alignment with payment services regulations.

In this role you will:

- Collaborate on the development and execution of the regulatory compliance strategy for our real-time payment and regulated products in Latin America, with a primary focus on ensuring adherence to payment services regulations in Mexico.
- Upload and record operational risks, internal controls, and inventory of Policy and Procedure Manuals for annual regulatory audits.
- Monitor compliance with regulatory changes and new regulations, preparing matrices in particular the regulations applicable to Arcus connectivity to SPEI and IFPE regulation.
- Manage remediation of ongoing monitoring findings, regulatory examinations, and internal/external audit findings.
- Support ongoing oversight, including regulatory examinations, and ensure the business follows all regulatory reporting obligations.
- Assist in the management of products, services, and activities in Mexico including those related to the Commission Administrator (cash-in network
- Administrador de Comisionista).
- Verify and upload regulatory and oversight reports and coordinate with internal areas to address deviations or new requirements.
- Control of notices and regulatory deliverables regarding the filing of regulatory reports corresponding to different regulators (CONDUSEF, CNBV and BANXICO).
- Management of regulatory report upload systems (SITI, SAIF, REPUVE, SIPRES, POSTMAN, JASON, etc.)
- Guarantee that the appropriate procedures are implemented for the timely and accurate presentation of regulatory reports.
- Maintain strong industry knowledge of Mexican regulations, changes, trends and impacts to the business.

All About You
- Intermediate experience developing and managing regulatory compliance programs for large bank or non-bank financial institution
- Knowledge and experience in the financial or payment services sector (IFPE, financial institutions, bank brokers, SPEI participants) in regulations, controls, and licensing requirements in Mexico is required.
- Understanding in preparing material for regulators, acting in regulatory affairs, internal control, compliance for IFPE.
- Experience managing reports and databases for adequate risk management to generate a comprehensive risk management model to collect information for the issuance of regulatory reports.
- Detail oriented, organized, self-starter/motivated to work independently and as an effective team member
- Exceptional analytical and problem-solving skills
- Must demonstrate a proactive, time sensitive, results driven approach in carrying out all duties, obligations and responsibilities
- Undergraduate or master’s degree
- Ability to communicate complex ideas effectively - both verbally and in writing - in English and the local office language(s)

Corporate Security Responsibility

A