• Job Description

  Req#: R-219812

  Our Purpose

  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 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.

  Title and Summary

  Vice President, Risk Transformation

  Overview
  Mastercard Risk has a significant transformation vision to enhance and embed capabilities across the organization. There is complexity and interdependence within the workstreams needed to deliver this vision, balance other risk priorities that naturally emerge, and overlaps with transformation and change in the broader organization. The Risk Transformation Office will need to establish an approach aligned with capabilities and priorities of the organization and closely track plans, activities, and outcomes, adjusting to evolving context.
  
  In this regard, we are currently looking for a Vice President, Risk Transformation Program Manager based in London reporting to the EVP, Head of Risk Transformation.
  
  This role, in Mastercard’s 2nd line of defense Risk function, consists of overseeing and facilitating risk transformation efforts across Mastercard. Focus is primarily on Group-wide risk transformation effort and program, but where prioritized, will also engage and support regional / business 2nd line risk transformation effort. This VP will lead the risk transformation project office and team, which will include from time-to-time several short-fuse or strategic risk projects. The VP is also expected to participate as a subject matter expert in ensuring compatibility and suitable priority of transformation efforts. The Risk Transformation Program Manager will lead an experienced team of risk transformation / project managers to coordinate multiple MA Risk projects and engage stakeholders on dependencies beyond Risk.
  
  
  Role
  The primary responsibility is to provide hands-on challenge, support and communication to coordinate multiple MA Risk projects and engage stakeholders on dependencies beyond Risk. Working closely with the Head of Risk Transformation, and MA Risk leadership, the VP will ensure effort is prioritized with the right balance and ambition to achieve value-adding and coherent risk management capabilities. This includes, but is not limited to:
  - Oversee risk transformation project management team in oversight and delivery of risk transformation objectives.
  - Provide leverage to Risk leadership and workstream leads in structuring overall MA Risk transformation program by engaging on ‘content’ of risk management and leveraging prior risk and transformation experience.
  - Track and provide regular workstream and project progress updates to the Head of Risk Transformation and broader Risk team for working level and senior communication.
  - Balance resource, budget and approach to best achieve agreed outcomes and milestones, guiding project managers, analysts and other resources.
  - Manage stakeholders beyond Risk contributing to risk transformation outcomes, and manage dependencies with other pieces of work beyond Risk’s remit or with shared responsibility.
  - Maintain awareness of broader risk and risk related priorities across the organization, balancing key priorities and seek to adapt the transformation program where appropriate.
  - Act as subject matter expert and coordinate with peers on cross-cutting risk management themes.
  - Flexibly support broader program / project and risk management needs, including taking on Project Manager and Analyst tasks if needed to break through temporary bottle-necks.
  - Engage stakeholders across the 3LoD, teams and regions as appropriate, leveraging broader MA Risk and 3LoD leadership.
  - Proactively engage and brief executive management on risk transformation progress, achievements, challenges and asks.
  
  All About You
  - Experience in risk transformation across various risk types, industries, organizations and/or geographies – both regulated and non-regulated.
  - Experience and knowledge of financial and non-financial risk management methods and frameworks.
  - Learning and growth mindset to continually stay abreast of evolving risk management methods and frameworks.
  - Experience of project / program management of risk initiatives that cut across the 3 lines of defense.
  - Demonstrated ability to lead a multi-disciplinary and globally disperse / diverse team.
  - Outstanding written and verbal English communication skills.
  - Pragmatic thinker who can distinguish timely, actionable, and effective actions and outcomes vs. complex/leading best practice.
  - Outcome oriented, proactive and hands-on approach.
  - Risk mindset – able to think outside the box and identify potential sources of risk, and their mitigation, and make decisions with available information.
  - Problem solving – able to develop / partner to develop effective solutions to problems at hand.
  - Strong negotiation and influencing skills, and proven ability to engage with executive management.
  - Knowledge of payments, card scheme, settlement and related operational and technological setup / processes preferred.

  Corporate Security Responsibility

  
  All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

  • Abide by Mastercard’s security policies and practices;

  • Ensure the confidentiality and integrity of the information being accessed;

  • Report any suspected information security violation or breach, and

  • Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.

  
  

  
  

  
  

• About the company

  Transforming the way we live Electronic payments have the ability to create a world with greater opportunities for all. To take us beyond borders, to new markets. Beyond mere moments, to meaningful experiences. That's the power of a World Beyond Cash®. And that's Priceless®.

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