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Compliance Manager - 12 month fixed term contract

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Mastercard

6d ago

  • Job
    Full-time
    Senior Level
  • Legal
  • London

AI generated summary

  • You should have compliance experience in financial services, strong communication skills, the ability to manage priorities, and an analytical mindset. Familiarity with compliance tools is a plus.
  • You will execute the Compliance Plan, manage Bank of England relations, oversee compliance queries, produce reports, align policies, assess regulatory changes, and collaborate cross-functionally.

Requirements

  • Proven track record of compliance experience within financial or professional services.
  • Ability to interpret regulations and guidance in order to assess the impact and develop practical operational procedures to ensure ongoing compliance.
  • Strong written and verbal communication skills with the ability to collaborate effectively across teams and influence and engage key stakeholders at all levels.
  • Ability to manage competing priorities to completion and to deal with rapid changes of priority in a fast paced environment.
  • Analytical and detail focused with the ability to identify anomalies, trends and make recommendations.
  • Experience with compliance management systems and tools is advantageous.
  • Ability to deal with sensitive and confidential information.
  • 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.
  • Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.

Responsibilities

  • Delivery and execution of the Compliance Plan to confirm ongoing adherence with regulatory obligations, including Bank of England requirements.
  • Assist in producing and maintaining relevant compliance policies, procedures and departmental processes.
  • Act as an escalation point for compliance queries from the Business teams and provide guidance, support, oversight and challenge, as appropriate.
  • Manage the relationship with the Bank of England including tracking of information requests, arranging regular supervisory meetings with senior management and Board members, preparing briefings and tracking actions arising from any such meetings.
  • Preparation of submissions and returns to the Bank of England, coordinating information gathering with internal stakeholders and ensuring accuracy and completeness of submissions in line with required deadlines.
  • Production of regular Management Information and reporting for senior management, the Vocalink Board Audit Committee, the Vocalink Board Risk Committee, the Vocalink Board and other internal stakeholders on the status of the compliance programme.
  • Align policies, processes and controls with enterprise-wide frameworks and support the use of the global regulatory compliance tooling.
  • Assessing the impact of changes to relevant regulations and industry guidance on existing policies and procedures, communicating required changes to relevant business areas and ensuring any necessary changes are implemented as required.
  • Collaborate with cross functional teams to integrate compliance considerations into business processes and initiatives.

FAQs

What is the duration of the Compliance Manager position?

The Compliance Manager position is a 12-month fixed term contract.

Who will the Compliance Manager report to?

The Compliance Manager will report to the Vice President, Head of Compliance, Legal Compliance.

What are the primary responsibilities of the Compliance Manager?

The primary responsibilities include executing the Compliance Plan, maintaining compliance policies, acting as a point of escalation for compliance queries, managing relationships with the Bank of England, preparing submissions, producing management reporting, and integrating compliance into business processes.

What qualifications are required for the Compliance Manager role?

Candidates should have a proven track record in compliance within financial or professional services, the ability to interpret regulations, strong communication skills, and experience with compliance management systems and tools is advantageous.

What type of organization is Mastercard?

Mastercard is a global technology company in the payments industry focused on creating an inclusive, digital economy that benefits everyone by making transactions safe, simple, and accessible.

Is there a requirement for handling sensitive and confidential information?

Yes, the role requires the ability to deal with sensitive and confidential information.

Will the Compliance Manager work with cross-functional teams?

Yes, the Compliance Manager will collaborate with cross-functional teams to integrate compliance considerations into business processes and initiatives.

What is the expected culture within Mastercard regarding diversity?

Mastercard cultivates a culture of inclusion, respecting individual strengths, views, and experiences, believing that differences enable better decision-making and innovation.

Is experience with compliance management systems necessary?

While not strictly necessary, experience with compliance management systems and tools is advantageous for the role.

How does Mastercard prioritize information security?

Mastercard prioritizes information security by requiring all employees to abide by security policies, ensure confidentiality, report any security violations or breaches, and complete mandatory security training.

Mastercard

Connecting Everyone to Priceless Possibilities

Consulting
Industry
10,001+
Employees
1966
Founded Year

Mission & Purpose

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.