Manager, Risk Management

MasterCard; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Manager in Risk Management to drive operational risk initiatives and ensure compliance with risk management policies. This role involves advising 1LOD functions, monitoring compliance, and consolidating key risk information for governance forums. The ideal candidate will leverage their expertise in risk management to support the development of effective procedures and promote collaborative relationships across the organization. Join a forward-thinking company committed to building a sustainable economy and empowering individuals through secure digital payment solutions.

Qualifications

• Experience in operational risk management and compliance monitoring.
• Strong analytical skills for conducting risk assessments.

Responsibilities

• Advise on operational risk management practices and compliance.
• Support the implementation of risk management policies.

Skills

Operational Risk Management

Risk Assessment

Stakeholder Management

Compliance Monitoring

Education

Bachelor's Degree in Finance or related field

Relevant certifications (e.g., FRM, PRM)

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

Manager, Risk Management Role overview

• Advise 1LOD functions on the application of operational risk management practices and changes to their day-to-day activities.
• Monitor compliance with the firm’s risk management policies and processes as well as support the implementation and embedding of operational risk change initiatives across the 1LOD functions.
• Consolidate and review key risk information so that the team can meet its reporting commitments to appropriate governance forums, key stakeholders, and 2LOD functions.

Responsibilities of the role

• Provide risk advice to 1LOD functions by leveraging an understanding of the firm’s management policies and processes as well as applicable industry best practices.
• Support the development and/or implementation of applicable procedures to enable effective 1LOD adoption of the firm’s risk management policies and processes.
• Support risk assurance activities conducted on the 1LOD through the provision of required information and explanation.
• Support the senior members of the team to conduct ad hoc risk assessments and deep dive root cause analysis on priority risk areas or areas of material control deficiencies.
• Support the effective running of formal risk governance committees and informal forums and working groups.
• Promote collaborative working relationships with stakeholders at all levels of the organizational hierarchy (function, entity, and group).

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks come 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.