Director, Risk Management
About The Position
The Director, Risk Management – Core Payments is a senior risk leader on Mastercard’s Core Payments Strategy & Execution team. The role supports the design, execution, and continuous strengthening of the risk management framework for the Core Payments business, partnering with business leadership and the second and third lines of defense to anticipate, mitigate, and remediate risk while enabling responsible growth. It requires expertise in enterprise risk management, regulatory environments, and operational resilience, along with leadership, execution discipline, and the ability to influence stakeholders. Mastercard describes its purpose as powering economies and empowering people in more than 200 countries and territories. Its Core Payments work supports secure, simple, smart, and accessible digital payments. The role is expected to promote a risk culture that balances innovation, growth, and control and to uphold Mastercard’s values and security policies.
Requirements
- Proven experience leading enterprise risk management for a complex, global organization.
- Strong understanding of regulatory requirements, compliance frameworks, and ongoing monitoring practices.
- Deep expertise in risk identification, assessment, mitigation, and operational resilience.
- Extensive knowledge of the payments industry and/or digital financial products.
- Demonstrated ability to influence senior executives and translate complex risk concepts into clear, actionable insights.
- Ability to collaborate, act proactively, and manage multiple priorities in a fast-paced environment.
- Leadership that fosters an inclusive, high-performance culture aligned with the Mastercard Way.
Responsibilities
- Support the design, implementation, and ongoing enhancement of risk policies, standards, and procedures aligned with Core Payments objectives.
- Enable proactive risk management across Core Payments in alignment with enterprise risk frameworks, regulatory expectations, and internal standards.
- Help Core Payments teams identify, assess, and manage risks through structured guidance, frameworks, and decision support.
- Translate enterprise risk expectations into practical business guardrails that support product delivery and operational execution.
- Conduct horizon scanning to identify emerging, evolving, and systemic risks.
- Facilitate or lead scenario analysis and stress testing to assess potential business impact and inform decisions.
- Ensure appropriate controls are identified for material risks and that ownership is embedded with the appropriate business teams.
- Establish and maintain a consistent controls and issues management approach linking control effectiveness, audit outcomes, and regulatory expectations.
- Drive sustainable, root-cause-focused remediation of control deficiencies, audit findings, and regulatory issues.
- Serve as a key liaison for internal audits and regulatory interactions affecting Core Payments.
- Ensure timely, effective, and sustainable closure of audit and regulatory findings.
- Drive cross-functional initiatives to identify risks, strengthen controls, remediate control gaps, and embed compliance in operating processes.
- Participate in governance forums and advise on risk implications of new products, changes, and strategic initiatives.
- Promote risk management practices in day-to-day operating models.
- Build a strong risk culture through influence, coaching, and thought leadership, and help integrate risk considerations into product development, change management, and strategic initiatives.
- Model collaboration, accountability, and Mastercard values.
- Follow Mastercard security policies and practices, protect the confidentiality and integrity of accessed information, report suspected security violations or breaches, and complete mandatory security training.
Benefits
- Medical, prescription drug, dental, vision, disability, and 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 and 5 personal days, prorated based on date of hire
- 10 annual paid U.S. observed holidays
- 401(k) with company match
- Deferred compensation for eligible roles
- Fitness reimbursement or on-site fitness facilities
- Tuition reimbursement eligibility
- Potential eligibility for an annual bonus or commissions, depending on the role
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What This Job Offers
Job Type
Full-time
Career Level
Director
Education Level
No Education Listed
