MasterCard Counsel, Regulatory Compliance in Salt Lake City, Utah
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 (https://www.mastercard.us/en-us/vision/who-we-are/diversity-inclusion.html) 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.
Counsel, Regulatory 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.
The Regulatory Affairs team is looking for a Manager, Regulatory Compliance to drive the regulatory compliance program for our open banking products in North America. The ideal candidate is a compliance champion with deep experience with building and supporting compliance management programs and a background in payments and financial technology.
In this position, you will:
Provide subject matter expertise with respect to operational requirements, policies, and procedures to comply with applicable regulatory obligations.
Drive the design and implementation of compliance management policies and controls to effectively manage the regulatory risks related to operating open banking, credit reporting, and other platforms, such as FCRA, UDAAP, GLBA,
Conduct compliance monitoring and risk assessments, providing periodic compliance reports to senior management. Manage remediation efforts.
Coordinate regulatory examinations and management responses.
Identify and manage regulatory changes, assisting product owners to develop creative solutions to address new requirements.
All About You
• Bachelor’s degree is required
• CRCM certification preferred
• Experience in banking and/or lending regulatory compliance
• Strong knowledge of U.S. consumer protection, privacy, and data security regulations (e.g. FCRA, UDAAP, GLBA), FFIEC standards, and industry best practices.
• Experience building compliance management systems, including performing compliance risk assessments, and performing regulatory compliance reviews
• Ability to analyze FCRA data for reviews and audits
• Creative thinker able to support innovation while still managing risk
• Strong analytic capabilities and written and oral communication skills
Due to COVID-19, most of our employees are working from home. We’ve implemented a virtual hiring process and continue to interview candidates by phone or video and are onboarding new hires remotely. We value the safety of each member of our community because we know we’re all in this together.
Mastercard is an inclusive Equal Employment 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.
If you require accommodations or assistance to complete the online application process, please contact email@example.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.
Requisition ID: R-120244