Manager of Technology Risk Management, Mastercard
Global payments technology company
Job no longer available
Global payments technology company
1001+ employees
Job no longer available
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
- Experience in using and implementing Risk and Control Frameworks (Enterprise, Operational & Security); ISO3100, COSO, SOC1/2, ISAE3402/3000, ISO27001, GDPR etc
- Experience in conducting qualitative and quantitative Operational and/or Security Risk Assessments using well-established methodologies (incl. RCSA, Bow Tie, FAIR)
- Experience with the following (or similar) tools: Risk Lens, Archer, etc
- Bachelor’s degree or equivalent combination of education and experience/Bachelor’s degree in Risk Management, Computer science, Information technology or related field preferred
- Professional certification like The Institutes, FAIR, The Risk Management Institute, a plus
- Professional memberships like AIRMIC, IRM, FAIR, FERMA, a plus
- The ability to understand the current organizational model and Strategic goals/direction and apply Strategic thinking
- Strong interpersonal, communication and presentation skills necessary for interaction with senior business leaders and teams across all levels of the organization
- Develop and review risk processes, including and identifying and implementing best practices
- Demonstrates ability to operate with independence and autonomy
- Contribute to work environment that encourages knowledge of, respect for, and the development of skills to engage with those of other cultures and backgrounds
- Familiarity with the financial services industry and payment processing industry, a plus
What the job involves
- The Mastercard Technology Risk Team is looking for a Lead, Technology Risk to support and lead elements of the Risk Framework
- Focus will be on providing risk support, risk analysis, reporting and training across the organization helping build Operational Risk capability
- This role is a pivotal part of the second line Mastercard Technology Risk Function and supports Mastercard's commitment operating a best practice Risk Framework
- The Team is responsible for establishing and maintaining the Technology Operational Risk Program at Mastercard as the 'process owner' for all Operational related risk assessments
- A crucial element of the Risk Management Team is working with First Line Risk Management, Enterprise Risk Management, Operational Risk Management and Corporate Security Leaders to document acceptable levels of residual risk as it relates to the security program and the controls implemented for the purposes of risk reduction
- Support the development of the Technology Operational Risk Framework (4 Pillars); 1.Risk Governance, 2.Risk Hierarchy, 3.Risk Indicators/Tooling (inclusive of Risk Taxonomy, Impact & Likelihood scales, Control Criteria, Key Risk Indicators, Issues, Policy exceptions) and 4.Risk Analysis (RCSA, Bow Tie, FAIR)
- Develop and support the Maturity of the Risk Processes, including identifying and implementing best practices and ensuring all processes are documented, reviewed and updated regularly
- Perform Risk Assessment activities (Thematic & Deep Dive Risk Reviews), including the planning, reporting and recommending of appropriate remediation measures
- Provide data analysis and strategy execution across risk areas, leveraging an understanding of risk, control and regulation
- Support cross-functional initiatives to deliver on risk goals, policies and procedures
- Work directly with teams from enterprise risk management, operational risk management and corporate security departments to facilitate IT risk analysis, identify acceptable levels of residual risk and establish roles and responsibilities related to risk reduction and closing of gaps
- Maintain up-to-date understanding of industry best practices and monitor the legal and regulatory environment for developments that could require changes to established IT policies and practices
- Understand and support the Enterprise, Operational Risk /or Corporate Security risk strategies
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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