Manager of Risk Management, Mastercard
$102-158k
Global payments technology company
Job no longer available
Global payments technology company
1001+ employees
Job no longer available
$102-158k
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
- Do you have an eye for identifying risks and control deficiencies?
- Have you ever proactively identified and solved complex problems that could impact a company’s reputation and or customer relationships?
- Have you ever conducted remote or on-site third-party audits with various internal and external stakeholders?
- Thorough knowledge and experience in the TPRM discipline; including identification, segmentation, analysis, evaluation, issue identification and remediation and reporting
- Have a good understanding and a working knowledge of navigating, updating and performing data entry into a GRC tools
- Knowledge of and expertise in risk management frameworks and processes preferably in financial services industry and payment processing
- Understanding of complex data systems in order to identify privacy / information security risks including knowledge of data driven technologies
- Be committed to effectively serving internal customers, and proven experience in relationship building and partnering, including first-line engagement
- Capacity to quickly grasp essence of new global privacy and data laws, and understand resulting requirements for implementation of risk assessment practices.
- Bachelor’s degree or equivalent work experience required
- Preference given to candidates with CISSP, CISA, QSA, CRISC, CIPP and ISA certifications
- Professional comportment and excellent communication and presentation skills applicable to all levels of the organization
- Excellent organizational skills and a demonstrated ability in multi-tasking on complex projects, and interpersonal skills
- Superior program management skills and capability to standardize and automate processes through existing or new company tools
- Have a strong analytical skills / knowledge of current workplace productivity and collaboration tools, especially Microsoft Office 365 (including SharePoint, Excel, and Teams)
- Languages: advance level of English and Spanish (written and spoken) Portuguese is a plus
What the job involves
- This role supports the global Third-Party Risk Management (TPRM) program and ensures robust risk assessment and ongoing monitoring practices for a portfolio of third-party relationships
- Through collaboration with business relationship owners, business leadership, external third parties, and internal subject matter experts (i.e., Corporate Security, Compliance, Legal, Privacy), the incumbent enables and advances program objectives by helping assigned business units or regions understand, measure, and manage the risks inherent with third party relationships
- The role will ensure third-party risk remediation adhere to the company’s risk appetite and demonstrate Mastercard’s best-in-class compliance with all relevant laws globally
- Maintain strong understanding of the products, services, and activities of assigned business unit, as well as third party risk management principles and practices, and leverage that understanding to provide consulting, guidance and education to stakeholders throughout the third-party lifecycle
- Establish and manage risk dashboards and other reports for key stakeholders and help them understand and manage their third-party portfolio from a risk perspective
- Ensure third party adherence to Mastercard’s standards and contractual requirements via overseeing and/or directly performing remote and on-site assessments of third parties with a focus on Privacy and Data Protection
- Assess identified issues and coordinate with business relationship owners and other stakeholders to develop appropriate action plans and monitor to resolution
- Understand customer and regulatory requirements related to assigned third party portfolio, and represent TPRM during internal, customer, or regulatory audits/assessments
- Coordinate with business development and Privacy and Data Protection team to ensure that commitments to customers regarding TPRM program capabilities are appropriate, inventoried, and managed
- Support M&A due diligence activities related to supplier and other third party risk matters
- Represent TPRM on business unit, regional, Privacy and Data Protection and/or risk function committees and working groups
- Coordinate with Sourcing, risk functions, Privacy and Data Protection and Crisis Management teams to address vendor performance problems or third party incidents
- Manage the comprehensive assessment program coordination and ensure completion of target number of reviews annually
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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