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Director, Risk Management

Mastercard

Mastercard

Administration
Oslo, Norway
Posted on Tuesday, June 11, 2024

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

Director, Risk Management

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
Mastercard Payment Services provides critical services to Danish and Norwegian national payment infrastructure. We are in the process of transitioning from legacy infrastructure to a Mastercard infrastructure including shared services. During the integration period and beyond, the second line Risk Management Team will have a critical role managing and supporting the risk process.

The Nordic Team of Enterprise Risk Management is looking for a Director, Risk Management who will have responsibility for championing resilience, operational and business risk management practices both internally, at a senior management level and externally with all applicable customers.

Role and responsibilities

• Assume responsibility for second line of defence risk management practices. Developing, delivering, maintaining and monitoring relevant policies, standards and best practices to ensure that services are setup and operated to meet regulated obligations
• Understand local jurisdiction regulatory requirements, coordinating risk and compliance activities, follow up on findings and regular reporting to senior management
• Risk and control assessments and the creation of required risk registers and taxonomy
• Present aggregate risk reporting to senior management, boards, committees and external parties (including regulators) to support commercial decision making
• Acting as a key contributor to the Mastercard Payment Services risk appetite, actively supporting and delivering against corporate objectives and supporting KPIs
• Supporting collaborative working relationships with stakeholders, including Technology Risk, Outsourcing, Regulatory Affairs, Legal and Compliance functions at the local, regional, or global level
• Overseeing compliance and implementation of design and operational effectiveness related to risk, controls, and governance

All About You

• Consistently display positive, professional and approachable behaviours – displaying the company behaviours
• Excellent communication skills - uses all relevant channels and resources to communicate effectively and proactively
• Solid understanding and experience from financial services risk and compliance framework, standards, including insight in specifically Nordic risk and compliance regulations of financial services.
• 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
• Discretion and confidentiality is essential
• A good command of the English language both written and verbal

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 successful candidate for this position 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.