Job description
Transfer Solution's (TS) Risk Management team is a newly formed 1st line risk team dealing with both foundational and transformational risk projects. TS consists of our offerings through Send, Cross-Border Services (XBS), Pay by Account (PbA) and Bill Pay and reflects the breadth of our capabilities in capturing New Flows and solutioning for clients’ needs. This is an exciting opportunity to be part of Risk and Transformation in the payments space.
Role:
- Execute the risk management plan working in close partnership with risk directors.
- Articulate risks, mitigation plans and heat maps in accordance with the risk management framework.
- Develop risk reporting papers in preparation for the Transfer Solutions risk committee.
- Document process, risk and controls maps for operational areas (e.g. onboarding, post-transaction etc).
- Assist with performing deep dives on business transformational risk projects (e.g. controls enhancements, Target Market Risk Acceptance framework, regulatory controls etc).
- Assist with Implementing and managing processes to mitigate risks, inclusive of identification of top risks and conducting cross-functional workshops to embed such mitigation plans.
- Assist with communicating compliance and regulatory controls requirements to stakeholders.
- Partner with the 2nd line oversight function and the 3rd line internal audit function to deliver on a central risk framework.
- Manage Audit activities dealing with internal auditors on providing evidence and project managing stakeholder liaisons.
About you:
- Strong risk reporting (e.g. dashboards) and data analytics skills.
- Ability to work on a broad spectrum of risk projects and knowledge of industry challenges.
- Appreciation of Compliance, Regulatory and Legal requirements.
- Ability to deal with multiple stakeholders and articulate the risk angle to each.
- Strong presentation and communication skills
- Knowledge of Visio and MS PowerPoint to create process maps
- Familiarity with IBM Open Pages and Archer (not essential)
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.