Director, Risk Management Job Listing at Mastercard in London, England (Job ID R-260439)

Description

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Title and Summary

Director, Risk Management Risk Framework Director, Risk Management, Vocalink (P-156220)

Role Profile/Job Description

Who is Mastercard?

Mastercard is a global technology company in the payments industry. Our mission is 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. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Overview - Vocalink Risk Management Principles

• Active Risk Management helps Vocalink to achieve its strategy in making payments safer, smarter and simpler and manage its business safely and sustainably.
• This role is important to help Vocalink maintain compliance with the requirements of being part of the UK's Critical National Infrastructure (CNI).
• In accordance with the Vocalink Risk Management Framework (aligned to the Mastercard Enterprise Risk Management (ERM) policy) the overarching elements of this role will be to assist Vocalink colleagues to:
• - Manage risk in a consistent, joined up manner and approach across Vocalink, with the 1st Line of Defence owning risks, the 2nd Line of Defence setting the standards of risk management and providing the review and challenge over those standards, and the 3rd Line of Defence providing the independent assurance of management of risk;
• - Have a strong, continually developing risk culture, where managing risk is simply part of how we work;
• - Be aware of Vocalink's risks, self-identify the most material risks, review and assess the inherent and residual risks, biggest risk exposures, the third-party risks and any concentration of risk, to enable Vocalink to make better decisions as a result and not repeat mistakes of the past;
• - Have sufficient controls in place to manage Vocalink's business safely, sustainably and within appetite;
• - Look forward and undertake horizon scanning to anticipate threats and risks ahead, and undertake scenario analysis to assess and address the what if/high severity plausible scenarios;
• - Be joined up as a business, collaborate across the business and continually improve our management of risk all across the business;
• - Identify, map and set Vocalink's impact tolerances for Vocalink's Important Business Services, which are the services that, if not delivered for a period of time cause VLL's customers intolerable harm;
• - Understand and comply with relevant legal and regulatory requirements applicable to Vocalink.

Role Specifics

• To own Enterprise Risk Management Framework and associated Policy, Standards, and associated Processes / Procedures, ensuring alignment with Mastercard Frameworks.
• Continued enhancement and development of the Enterprise Risk Management Framework in line with current industry best practice and future regulatory requirements.
• Support Risk Governance and Reporting requirements, including Committee paper co-ordination.
• Policy Governance: Maintain the Policy Framework and Policy Library.
• Provide close support to regulatory governance requests and risk transformation activity / projects.
• Support to the Chief Risk Officer and wider Risk Management Function as required to enable embedding of the Risk Management Framework.

All About You

• Strong understanding of Risk Management Frameworks and effective risk management practices.
• Able to lead and direct others in order to meet a team or collaborative goal.
• Character is values lead and intrinsically of a sufficient quality to maintain a professional relationship across the business.
• Consistently display positive, professional and approachable behaviours – displaying the company behaviours.
• Confident briefing to senior, executive and board level audiences.
• Excellent communication skills - uses all relevant channels and resources to communicate effectively and proactively.
• Able to work with no supervision, appropriate skill set to support remediation effort.
• Team working – ability to build and maintain effective working relationships with a wide range of people. Work co-operatively with others as part of a team.
• Organisation and detailed planning ability is essential.
• Demonstrate strong disciplines with regard to accuracy and quality of output.

Corporate Security Responsibility

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

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.

 Apply on company website