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Company: Mastercard
Location: New York, NY
Career Level: Mid-Senior Level
Industries: Banking, Insurance, Financial Services

Description

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

Vice President, Global Compliance Governance and Strategy Overview:

At MasterCard, we are committed to protecting our network from being used to facilitate money laundering or terrorist financing, and to ensure that Sanctions and Export Controls requirements are met. The Global AML, Sanctions and Export Compliance teams have implemented robust compliance programs that are designed to meet regulatory obligations and ensure that internal and external constituents have robust programs in place to meet Mastercard and/or regulatory requirements.

The Vice President, Global Compliance Governance and Strategy is a key leadership role within the Risk function, reporting to the Senior Vice President, Global AML and Sanctions Officer. This role is responsible for driving the strategy, execution, and continuous improvement of core compliance governance programs across the enterprise. The Vice President will lead global efforts related to compliance training, regulatory exam coordination, quality assurance testing, change management, and issue remediation. Additionally, the role oversees the governance of compliance policies and standards, manages the global compliance controls inventory, and leads the development and execution of the annual compliance communications plan. This position plays a critical role in promoting transparency, consistency, and accountability across the company's global compliance framework.

Role:

• Lead the governance framework for Mastercard's Global AML, Sanctions, and Export Controls programs, ensuring alignment with regulatory expectations, internal standards, and enterprise risk appetite.
• Provide second line oversight of the first line of defense through the development and use of key risk indicators (KRIs), performance metrics, risk assessments, and the consistent implementation of compliance standards across regions and business lines.
• Track and coordinate responses to regulatory examinations, inquiries, and requests related to the Global AML, Sanctions, and Export Controls programs; serve as the central liaison between regulators and internal stakeholders.
• Oversee the remediation and change management process tied to regulatory exams, internal audits, enterprise risk reviews, and self-identified issues to ensure timely and effective resolution.
• Drive and support the implementation of the Compliance Function's strategic priorities, including OKRs (Objectives and Key Results), business plan initiatives, and enterprise-wide transformation programs.
• Facilitate cross-functional governance forums and working groups to support collaboration, transparency, and accountability across compliance stakeholders.
• Develop and maintain the Global Compliance Controls Inventory and related documentation to ensure clear ownership, proper risk alignment, and timely updates reflecting evolving legal, regulatory, and business changes.
• Oversee the development, review, and maintenance of Global Compliance policies and standards, ensuring they reflect current risks, regulatory requirements, and industry best practices.
• Support the development and delivery of governance reporting to senior leadership and board-level committees, providing clear insights on program health, risks, trends, and emerging issues.
• Partner with the Global AML, Sanctions, and Export Controls leadership team to identify areas for program enhancement, streamline governance processes, and promote a consistent global compliance culture.

All About You:

• Bachelor degree required, or equivalent experience working within a Financial Crimes Compliance environment or having job responsibilities related to or interacting with AML or Sanctions functions
• Required to have extensive domain expertise in the areas of anti-money laundering and sanctions
• Required to have operational experience managing AML/Sanctions related processes relating to risk assessments, know your customer onboarding, transactions monitoring and training
• Required to have experience advising internal clients on AML and Sanctions related issues
• Demonstrated ability to manage and work independently, effectively and efficiently in a fast paced environment
• Ability to prioritize and manage multiple assignments
• Self-motivated with excellent organizational skills and in-depth analytical skills
• Ability to conceptualize new ideas and complex technical matters quickly
• Ability to monitor and interpret information for decision-making and presentation
• Ability to meet schedules and deadlines with thorough, accurate and quality work products
• Ability to remain flexible in a demanding work environment and adapt to rapidly changing priorities
• Excellent written, oral, listening and presentation communication skills to effectively communicate with all levels of the organization and consultants
• Very comfortable with public speaking and presenting to senior management
• ACAMS Certification preferred 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: $169,000 - $270,000 USD New York City, New York: $176,000 - $282,000 USD


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