Director, Legal Compliance

TN United Kingdom; Peterborough; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading company is seeking a Director of Legal Compliance in Peterborough. This role involves managing compliance programs, ensuring adherence to AML regulations, and overseeing a team of analysts. The ideal candidate will have significant experience in Financial Services and relevant certifications, with strong analytical and communication skills.

Qualifications

• Significant experience in a Senior Compliance role within Financial Services.
• ACAMS/ICA Certified.
• Educated to Bachelor’s Degree level (minimum).

Responsibilities

• Manage a team of Analysts within EMEAA region.
• Produce and maintain compliance risk assessments and policies.
• Oversee AML transaction monitoring and PEP & Sanctions screening.

Skills

Compliance Management

AML Regulations

Analytical Skills

Communication Skills

Relationship Building

Education

Bachelor’s Degree

ACAMS/ICA Certification

Job description

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Director, Legal Compliance, Peterborough

Client: MasterCard

Location: Peterborough, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Reference: 58859b09e98c

Job Views: 3

Posted: 23.05.2025

Expiry Date: 07.07.2025

Job 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

Director, Legal Compliance

Please note: This role is based in our Peterborough office (PE7 8FJ). Candidates must be comfortable working from our office 3 days per week.

The Mastercard Prepaid Management Services (MPMS) Compliance Team is responsible for ensuring the MPMS business adheres to all regulatory requirements, including Anti-Money Laundering (AML) policies and legislation.

The Director, Legal Compliance, reports to the VP Compliance, Risk & Fraud and provides direction and support for the implementation and oversight of the business compliance program, including AML, Sanctions, Treating Customers Fairly, and Foreign Account Tax Compliance Act (FATCA) globally.

Key Accountabilities

1. Deputize for the VP Global Compliance, as required.
2. Manage a team of Analysts within EMEAA region.
3. Produce, implement and maintain compliance risk assessments, policies and procedures for the following, to ensure they align with relevant legislation, industry guidance and issuer requirements:

• Anti-Money Laundering (AML)
• Customer Due Diligence (CDD) / oversight and review of customer onboarding processes
• Treating Customers Fairly (TCF)
• Identity theft
• Vulnerable customers
• Politically Exposed Persons (PEP) and Sanctions screening
• Distributor / agent oversight
• Program risk assessments
• Risk control matrix (Harvey Ball risk assessments)

Understand issuer compliance and AML requirements and develop appropriate program frameworks, including system development, operational process changes, and resource requirements.

Manage ongoing compliance relationships with issuers, including new product initiatives, AML monitoring, SAR reporting, TCF policy review, monthly service calls, and other requests.

Manage, maintain, and develop AML monitoring programs in line with regulations, industry guidance, and issuer requirements, including transaction reports and suspicious activity reports.

Ensure continuous oversight of AML transaction monitoring and PEP & Sanctions screening systems, including configuration and testing.

Oversee Sanction screening programs for cardholders, distributors, and corporates across regions, ensuring compliance with regulations and issuer requirements.

Review and assess new business projects and design compliance controls to ensure adherence to policies and regulatory requirements.

Sign-off on new market/product launches as applicable.

Represent MPMS Compliance at technical change and delivery events.

Review and approve marketing materials, including financial promotions, in line with industry guidance and issuer requirements.

Manage and oversee training for relevant staff on AML, CTF, anti-bribery, and TCF, including material updates and tracking completion.

Review departmental processes for efficiency and cost-effectiveness.

Support process improvements related to KYC and compliance.

Act as escalation point for compliance queries.

Provide regular reports and MI to VP Global Compliance and escalate issues as needed.

Manage internal and external audits and reviews, providing documentation and implementing improvements.

Maintain HMRC Money Service Business registration.

Stay updated on industry and regulatory developments, and assess the impact of changes on policies and procedures.

Maintain accurate records in compliance with regulations and issuer requirements.

Core Skills

• Significant experience in a Senior Compliance role within Financial Services.
• ACAMS/ICA Certified.
• Educated to Bachelor’s Degree level (minimum).
• Subject matter expert in AML regulations, including Sanctions in all regions of operation.
• Ability to interpret regulations and develop operational procedures for compliance.
• Ability to handle sensitive and confidential information.
• Strong communication skills (verbal & written).
• Ability to build internal and external relationships.
• Analytical and detail-oriented, with trend analysis skills.
• Ability to manage multiple tasks and prioritize effectively.
• Knowledge of prepaid card/electronic money products.

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks come with inherent risks. Every employee must:

• Abide by Mastercard’s security policies and practices.
• Ensure confidentiality and integrity of accessed information.
• Report suspected security violations or breaches.
• Complete mandatory security trainings.