Manager, Regulatory Compliance
- Australia
- Permanent
- Full-time
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.OverviewMastercard’s Global Regulatory Team is looking for a Regulatory Compliance professional to play an important role in its Regulatory team and function in Australasia. This role will involve work covering the Australasia region including providing regulatory compliance support for various business units and functions and compliance with applicable regulations. This role will report to the Director, Regulatory Compliance Asia-Pacific Lead.The role includes focus on, providing support for regulatory compliance projects and supporting regulatory requests or engagements with the relevant regulatory authorities. Key to the role would be to support various regulatory compliance process implementation initiatives as it pertains to Mastercard, communicate the requirements to management, business and functional stakeholders, and guide the organization forward on regulatory compliance obligations and requirements.Essential responsibilities in this role include:1. Provide key regulatory compliance support for the core Mastercard business in the Australasia region in co-ordination with the regional team
2. Strengthen the regulatory compliance infrastructure to support markets, local initiatives and product and service offerings and that appropriate compliance processes and controls are developed, documented and implemented.
3. Produce and maintain relevant regulatory compliance policies and departmental procedures.
4. Review and assess new business projects and design of regulatory compliance controls to ensure adherence to company policy and procedures; delivery appropriate solutions to ensure robust and appropriate controls are implemented.
5. Ensure that all reporting obligations are successfully completed within required timelines accurately.
6. Preparation of submissions and returns to the regulators (i.e. Regulatory Reporting Obligations) ensuring accuracy and completeness and submission in line with required deadlines.
7. Providing support to the broader regulatory team in monitoring global incidents and ensuring adherence to a 'follow-the-sun' model to maintain continuous, round-the-clock coverage.
8. Produce regular MI for management and other internal stakeholders.
9. Act as a SME for regulatory compliance queries from business areas.
10. Providing ongoing support and engaging regularly with multiple functions, including the First Line of Defense, Legal, Global and Regional Regulatory teams, as well as broader business units.
11. Supporting with process driven and regulatory compliance related matters such as incident reporting.
12. Supporting relevant cross-functional initiatives on behalf of Regulatory as required.
13. Being a member of Mastercard’ regulatory team and contributing to the broader activity of the Regulatory Team.All About You
- Experience of regulatory compliance in a financial services or payments organization in Australia is important.
- Experience of regional organizations and a track record that includes operating effectively within a diverse multicultural organization with the highest standards of personal integrity.
- Excellent written and oral communication skills in English.
- Must demonstrate a proactive, time sensitive, results driven approach in carrying out all responsibilities.
- Experience executing compliance programs, including design, implementation and oversight of controls.
- Self-starter who is flexible and able to work in a matrixed environment.
- Strong business acumen and solutions orientated.
- Risk management and internal controls focused.
- Ability to juggle competing demands and adapt to evolving priorities a must.
- Attention to detail is critical