Digital Currency Enablement Director

• Payment/Money transmitter licenses for operating payments business in defined jurisdictions
• Contract definition (associated T&Cs) specific to the MTS entity and its umbrella geographies
• Associated settlement accounts and other services for the relevant MTS entity
• Compliance services including, but not limited to, due diligence, real-time sanctions screening/AML/fraud management, etc.
• Regulatory reporting to the relevant regulators on behalf of the regulated business and its subsequent activities
MTS US is the authorized and regulated licensed entity within Mastercard Transaction Services (MTS) through which regulated payments activity is undertaken for our US-based customers and others around the world. MTS is a division within Mastercard that undertakes payments business wherever a product or business function requires regulated support.

Role Summary:
The Mastercard Transaction Services (MTS) Compliance team is looking for a Digital Currency Enablement, Director who will work with digital currencies and blockchain technology to prevent bad actors from exploiting the Mastercard Transaction Services platform. The candidate will drive our stablecoin solution strategy with internal and external customers by innovating and problem-solving. The ideal candidate is passionate about the customer experience journey, highly motivated, intellectually curious, analytical, and possesses an entrepreneurial mindset.

Candidate will focus on implementing, scaling and maintaining the new stablecoin solution. Candidate will coordinate with various Mastercard and MTS functions and ensure all risks are mitigated. The candidate will report directly to the US AML/BSA Officer and ensure the successful deployment of the initiative.
• The Director position combines strong understanding and facilitates the development of the digital currency initiative within the MTS regulated rails, identifies process efficiency and the project delivery lifecycle experience alongside knowledge of Legal, Regulatory and Compliance laws and methodologies
• Reporting to and working closely with the BSA Officer to focus on continuous improvements of MTS integration, standards and processes by designing and leveraging enhanced capabilities and tools (Elliptic)
• The role will ensure that internal and external customer needs are translated into tangible process improvement activities, establishing and executing clear implementation plans
• The candidate in this role will interactive with regulators and also work across Legal, Regulatory, Compliance, and Product/Shared Services on other joint Crypto initiatives as appropriate

Role Responsibilities:
• Represent MTS Compliance in the design, implementation and ongoing maintenance of the Digital Currency Enablement initiative including the onboarding and monitoring of customers and their related transactions
• Ensure all Compliance related documentation including, policy, procedures, risk assessments, training is in full compliance with regulatory expectations (e.g., NYDFS)
• Translates business/customer needs into process improvement objectives, and establishes/coordinates a plan for implementation
• Act as a consultant and partner to Mastercard product lines which are targeting Cryptocurrency regulated funds transfers and flows, to help them understand the challenges of operating a regulated money transfer business and helping to address them by 'building on' the capabilities of MTS Platform
• Support development of the investment case for the MTS platform and services capabilities
• Optimize business processes to achieve more efficient results including establishing standard processes and best practices
• Own the enhancement and evolve the 'look and feel' of existing collateral with a focus on digital for ease of access
• Define where we can become leaner and automate together with Mastercard teams build joint initiatives
• Leverage industry tools and methodologies to develop a "State of the Art" Compliance program that mitigates crypto related risks
• Working with the Development and Engineering teams, and the MTS platform team, to ensure that the MTS platform capabilities are developed to specification

Qualifications:
• Bachelor's degree in related field
• Excellent written/oral communication skills for documentation, reports and presentations
• Significant background in crypto currencies, regulated payments and financial services, especially money transfer payment systems
• Beneficial experience of card payments, digital commerce, and MA products; Ideally including Crypto payments, Blockchain Analytics, Cross border payments or other regulated payment flows.
• Solid understanding of competitive offerings and industry trends, especially how regulation is impacting the payments industry at both the local and global levels
• Working knowledge of a regulated environment
• Self-motivated with a proven track record of delivering success while working within a matrixed and team environment
• Superior communication, presentation and interpersonal skills including the ability to work with and influence colleagues at all levels
• Excellent problem-solving skills
• Capable of process identification and mapping
• Working knowledge of SharePoint development
• Digitally aware and experienced with process improvement, automation of manual processes and use of technology to generate efficiencies and scalable outcomes
• Highly competent in use of MS Office tools (PowerPoint, Excel, Visio)

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 reasonable_accommodation@mastercard.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.

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 based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. 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 new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 5 personal days, 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, gender-inclusive benefits and many more.

Pay Ranges
Purchase, New York: $155,000 - $248,000 USD