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Company: Mastercard
Location: London, England, United Kingdom
Career Level: Mid-Senior Level
Industries: Banking, Insurance, Financial Services

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

Manager, Risk Management - RTP Global Risk Manager, Real Time Payments (RTP) Global
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.

What is the opportunity?

This is an exciting opportunity to help establish the 1st line Risk & Control capabilities for Real Time Payments (RTP) Global at Mastercard. RTP Global is the product and innovation program within RTP, dedicated to developing future focused solutions that optimize real-time payment flows to power economies around the world. The successful candidate will become part of a high performing team, dedicated to delivering a robust, secure and resilient service to multiple countries and over 32 billion transactions per year.

This role is part of a newly formed Risk & Control Function within the 1st Line of Defense, with a reporting line into Risk & Controls Director.

The appointee will support the Risk & Controls Director by embedding a risk management framework and culture to improve risk identification, management, treatment and reporting across the organization. This is a strategically important role that requires the need to work closely and broadly across the organization to enhance decision making whilst reducing strategic, product, and operational risks in the business unit.
You will operate in accordance with the 3 Lines of Defense (3LoD) operating model and in alignment with the Mastercard Risk Management Framework and relevant Policies & Procedures.

What are the key responsibilities of the Role?
In this position, you will:

- Manage and maintain relevant risk registers, including design and documentation of controls
- Prepare accurate and timely risk & control reporting for established governance forums (e.g., Risk Committee, Audit Committee, Executive Committee) driving automation whenever possible
- Engage with Risk and Control Owners, acting as a partner to the business and supporting delivery of capabilities that allow timely, appropriate and transparent risk-reward decisions
- Evaluate risk exposures including the identification, assessment and monitoring of the inherent and residual risks, biggest risk exposures, the third-party risks and any risk concentrations, to enable RTP leadership make informed decisions
- Perform control assessments, inclusive of control design and effectiveness
- Design and put controls in place to manage RTP's business safely, sustainably and within risk appetite
- Look forward and undertake horizon scanning to anticipate threats and risks ahead
- Provide risk briefings to senior risk colleagues when required, ensuring risks, issues and appetite breaches are monitored and escalated thoughtfully
- Support cross-functional initiatives to deliver on risk goals, policies and processes
- Partner with the Lines of Business to identify, track, escalate and resolve issues in a timely manner
- Understand and comply with relevant legal and regulatory requirements applicable to RTP

What knowledge and skills are we looking for?
The ideal candidate for this position exhibits the following skills and capabilities:

- Knowledge of key risk management principles supported by relevant experience, strategic and product risk management experience preferred
- Solid understanding of the three lines of defense operating model
- Able to confidently develop trusted relationships with peers and senior stakeholders
- Able to work with minimal supervision
- Analytical and can work with data
- Able to plan and adapt quickly to changes in priorities
- Team Player – ability to build and maintain effective working relationships with a wide range of people
- Strong discipline regarding accuracy and quality of output
- Experience with Power BI, AI Copilot, OpenPages, Archer tooling preferred

Mastercard is an inclusive Equal Employment Opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.

If you require accommodations or assistance to complete the online application process, please contact reasonable.accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

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 The Successful Candidate For This Position Must.

Every person working for, or on behalf of, Mastercard is responsible for information security and must
abide by Mastercard's security policies and practices, including
• 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.




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