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🇬🇧 United Kingdom Corridor 🛡️ Verified Employer Direct Placement

Manager - Risk Management

🏢 Mastercard 📍 London, England 💼 Company - Public
Currency:
£113,869 - £159,558
£9,489 - £13,297 / mo
Verified Corporate Employer (Authorized Corporate Employer)

This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.

Transatlantic Cost of Living & Purchasing Power Benchmark

Verified Analytics
Location Base
London, England
Tier-1 UK Economic Zone
Est. Take-Home Pay
68% - 74% (After PAYE & NI)
Single tax filer baseline
Transatlantic Parity
1.0 GBP ≈ $1.28 USD Living Standard
Direct corporate benchmark

Position Overview & Specifications

Our Purpose
We work 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. We cultivate a
culture of inclusion
for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.
Title and Summary
Manager - Risk Management
Overview:
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)
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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Candidate Selection & Onboarding Process

1

Application & Resume Screening

Submit your tailored CV/Resume directly to the talent acquisition portal.

2

Technical & Competency Interviews

Virtual interviews with the hiring manager and multidisciplinary team.

3

Formal Offer & Benefits Negotiation

Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.

4

Onboarding & Corporate Integration

Equipment provisioning, team orientation, and commencement of duties.

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Hiring Organization
Mastercard

Apply for this Position

Location: London, England
Eligibility: Verified Employer Direct Placement
Schedule: Company - Public
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