Manager of Corporate Treasury, Mastercard
Office located in Purchase, NY
Global payments technology company
Job no longer available
Global payments technology company
1001+ employees
Job no longer available
Office located in Purchase, NY
1001+ employees
Company mission
To connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.
Role
Who you are
- Proven ability to define problems, collect data, establish facts, and draw valid conclusions
- Excellent analytical and problem-solving skills; highly proficient in Excel and PowerPoint
- Excellent verbal and written communication
- Strong project management skills including superior organization, planning, and follow through. Candidates will manage both projects and monthly / quarterly responsibilities
- Experience managing regulatory correspondence and developing capital and recovery plans
- Positive can-do orientation and a desire to grow professionally
- Robust understanding of core corporate finance and capital markets concepts
- Advanced degree or MBA preferred. Prior treasury experience preferred
What the job involves
- The Corporate Treasury team performs all global treasury activities for Mastercard, including capital planning, foreign exchange risk management, execution of capital markets transactions, and treasury regulatory support
- The Treasury organization is also responsible for the settlement of Mastercard’s central payment system, ensuring the timely and accurate completion of transactions running through the Mastercard network
- The Manager, Corporate Treasury will be an important independent contributor with significant responsibilities supporting Mastercard’s regulatory engagements including:
- Tracking and meeting regulatory capital requirements across the Mastercard group
- Preparing and maintaining global capital and recovery plan
- Supporting internal stakeholders to interpret, communicate, and address regulatory requirements impacting Treasury and Settlement services
- Coordinating responses to Treasury focused regulatory inquiries
- This is a high visibility role supporting the Treasury Regulatory Director and working closely with various teams within treasury and numerous functions including Legal, Finance, and Risk Management
- The wide scope of activities makes this an ideal role for learning Mastercard Treasury and the broader corporate finance function
- Supporting development of capital and recovery plans for Mastercard entities, as required, and maintaining and improving existing capital and recovery plans
- Supporting the tracking of global capital requirements arising from regulatory asks and actions; identifying efficient ways to meet such requirements and executing appropriately
- Acting as a Treasury and Settlement liaison in internal meetings in which regulatory developments are monitored globally
- Overseeing the timely and accurate preparation and submission of regulatory reports related to Treasury and Settlement activities, ensuring compliance with reporting requirements across jurisdictions
- Maintaining comprehensive documentation of Treasury and Settlement processes, controls, and compliance efforts, facilitating regulatory examinations, and inquiries related to global regulatory compliance
- Serving as a point of contact for regulatory inquiries, examinations, and audits related to Treasury and Settlement services and coordinating responses
- Supporting Treasury and Settlement’s engagement and responses to regulators globally, by coordinating responses with subject matter experts in corporate treasury, customer risk, enterprise risk, settlement, and other Treasury functions
- Coordinating and supporting the relationship with the global Law and Franchise and Regulatory teams at Mastercard to address ongoing and ad hoc inquiries
- Coordinating across Treasury to ensure that processes and procedures in each function meet established principles for financial market infrastructures as applicable
- Supporting the Capital Planning and Analysis team with special projects as needed
Our take
Mastercard is in the global payments business, and operates the world's fastest payments processing network. Its products and solutions have become central to everyday commerce across the world, in activities ranging from shopping and travelling to running businesses.
As the economy has become more and more digitised, Mastercard has been a leading player in helping businesses and individuals across the globe embrace card payments and digital banking. One of the world's largest companies, its revenue has seen consistent gain in the last 20 years.
The challenge for modern payments companies is that payments are always changing, as seen in the astronomical rise of contactless payments over the last decade. Mastercard's acquisition of blockchain systems, and an overall focus on leveraging its technology towards a digital economy, has placed the company in good stead to keep up to date with current trends, like cryptocurrency, in the digitised payments world.
Steph
Company Specialist
Insights
Company
Company benefits
- Gym membership
- Share purchase options
- Extra holiday purchase optional
- Work from home opportunities
- Health insurance
Company values
- Trust - integrity, respect, openness
- Agility - urgency and value through innovation
- Partnership - working as one team for the benefit of all
- Initiative - taking bold and thoughtful actions
Company HQ
Purchase, Harrison, NY
Articles
Founders
Michael Miebach
(CEO, not founder)Has served in a variety of roles at the company, including President and CPO. Currently Board Member at IBM, Accion, the World Resources Institute, the US-India Strategic Partnership Forum, and the Metropolitan Opera. They are also a Trustee of USCIB.
People progressing
Joined as VP in 2008, promoted 4 times in 11 years to their current position of Executive Vice President.
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