Mastercard
Financial Services
DirectorofRiskManagement
Neural analysis suggests this role is
optimal for Director candidates.
“Director of Risk Management at Mastercard. Skills: Risk management, Operational risk, Governance framework, Internal controls. Establish operational risk management program. Monitor and identify risks”
Industry & Context.
Problem solving; Critical thinking
What They're Looking For.
Must Have
Risk management experience, Experience with three lines of defense model, Experience partnering with executive management, People management experience
Nice to Have
Knowledge of ERM, Knowledge of ORM, Knowledge of technology risk management, Understanding of compliance frameworks, Understanding of risk management frameworks
What You'll Do.
Establish operational risk management program
Monitor and identify risks
Establish risk management plans
Ensure high quality and performance
and controlling of risks
Enhance and maintain risk management governance framework
Strengthen core controls
Ensure internal controls are in place
Advise on root cause analysis
Monitor control deficiencies and resolution
Mitigate risk through control development
Prepare and monitor risk reporting
Analyze risk profile and indicators
Track response plans for incidents
Coordinate and guide during internal audits
Coordinate and guide during external audits
Coordinate and guide during regulatory audits
Align enterprise-wide risk framework
Identify and evaluate/prioritize risks
Formulate recommendations
Advise on process testing plans
Advise on system testing plans
Assess system integrity
Assess control effectiveness
Lead cross-functional teams
Implement risk management objectives
Lead comprehensive risk assessments
Conduct operational assessments
Conduct risk and control self-assessments
Conduct service expansion assessments
Conduct process reviews
How You'll Work.
Team & Collaboration
Work with shared services functional teams; Partnering with executive management; Work with organization risk management leaders; Work with cross-operations risk representatives
Communication Scope
Verbal communication; Written communication; Presentation skills
Full Job 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 of Risk Management ### Overview The Global Business Solutions Center (GBSC) is the operational service center to internal corporate functions; Finance, Human Resources, Law, Franchise and Integrity. GBSC delivers value to internal stakeholders by driving operational efficiencies, enhancing customer experience, and improving business results. To successfully accomplish these results, it’s imperative to effectively monitor and identify risks and establish robust risk management plans to ensure high quality and performance. The GBSC Director of Operational Risk Management in Pune is a position within our shared services organization reporting to the Vice President GBSC Risk Management. This position will provide leadership and support in further establishing and evolving the operational risk management program within GBSC. The role is responsible for core RM activities such as ORC and regulated entity compliance, GBSC governance activities, key reporting activities such as quarterly risk reviews, enhancement and maintenance of internal tracking and reporting tools, other centralized risk functions as needed and supporting shared service teams to identify, assess and mitigate risks/issues that arise from inadequate or failed processes, people, systems or external events, while maintaining a balance between risk mitigation and efficiency. Role The primary purpose of the role is to help align risk management activities with the mana
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