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Mastercard · 1 day ago

VP - Open Finance Compliance

Purchase, NY

Full-time

Onsite

Senior Level

$221K/yr - $353K/yr

Mastercard is a global leader in digital payments, empowering people and businesses worldwide. The Vice President of Open Finance Compliance will drive compliance strategy and governance initiatives across the U.S. Open Finance Compliance organization, ensuring alignment with U.S. laws and regulations while supporting business growth.

FinanceFinancial ServicesInformation TechnologyPayments

Growth Opportunities

H1B Sponsor Likely

Responsibilities

Define and execute Open Finance compliance strategy for the U.S., including BSA/AML, OFAC, GLBA, CFPB Open Banking rule, and state privacy laws (CCPA/CPRA)

Provide compliance advisory and subject matter expertise for new products, markets, and customer types

Oversee compliance activities, including risk assessments, monitoring, and issue management

Ensure all activities, customers, transactions, and third-party relationships are assessed and monitored for regulatory compliance risks

Lead design and implementation of compliance systems, tools, and controls, including transaction monitoring and KYC processes

Manage regulatory relationships and support audits, exams, and inquiries

Drive continuous improvement in compliance operations and reporting, including KPIs and KRIs

Stay current on regulatory developments and industry best practices in Open Finance and consumer compliance

Support the business by ensuring a pragmatic and risk-based approach to Compliance

Responsibility for leading a motivated team, supporting their development and driving delivery of key priorities at pace

Proactively identify areas of improvement to increase productivity and effectiveness across key controls and processes

Qualification

BSA/AML complianceOFAC complianceGLBA complianceCFPB Open BankingCompliance certificationsRegulatory relationship managementRisk assessmentsBusiness acumenLeadershipProject management

Required

Extensive experience in AML, Sanctions, Fraud, and Export Controls compliance in a global financial institution, multinational corporation, money services business, payment service provider

Extensive experience leading and executing compliance programs, including design, implementation and oversight of controls

Strong understanding of corporate governance and regulatory issues that could affect an organization

Strong knowledge of U.S. regulations, including BSA/AML, OFAC, GLBA, CFPB Open Banking, and state privacy laws

Proven ability to work independently and manage multiple projects simultaneously

Strong business acumen and solutions orientated

Experience interacting with senior management and board

Bachelor's degree

Preferred

Compliance certifications (CAMS, CRCM, CIPP/US) preferred

Law degree preferred

Benefits

Insurance (including medical, prescription drug, dental, vision, disability, life insurance)

Flexible spending account and health savings account

Paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave)

80 hours of Paid Sick and Safe Time

25 days of vacation time

5 personal days, pro-rated based on date of hire

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

Company

Mastercard

Glassdoor4.2

Mastercard is a financial network that processes payments between banks and cardholders.

Founded in 1966

Purchase, New York, USA

10001+ employees

http://www.mastercard.com

H1B Sponsorship

Mastercard has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (540)

2024 (319)