Vice President, Risk Management

Mastercard Inc.; Purchase (NY); On-site; USD 217,000 - 359,000; Full time

Benefits offered by this job

Medical Insurance

401k with company match

Paid time off and holidays

Bonuses/Commissions

On-site fitness facilities

Job summary

Mastercard is seeking a Vice President, Strategic Risk to lead the Enterprise Risk Management function. You will provide independent risk perspectives, executive challenge and decision support across major strategic initiatives, including new products, acquisitions and partnerships.

You will work with senior leaders and the Board to translate complex issues into clear insights and drive risk-aware growth. The role demands executive presence, strong judgement and the ability to build

Qualifications

• Advanced expertise in strategy, management consulting or enterprise risk management in financial services, technology or related industries.
• Proven ability to advise senior executives on complex strategic decisions with executive-level influence.
• Experience assessing risk in new product development, strategic planning, M&A, and enterprise decision-making.
• Ability to synthesize complex information into clear executive recommendations with strong communication skills.
• Ability to lead and develop high-performing teams across functions, regions and disciplines.

Responsibilities

• Provide strategic decision support as Mastercard's lead risk advisor on significant decisions.
• Lead risk assessments of new products, platforms and business models, including emerging tech and ecosystems.
• Oversee risk due diligence for mergers, acquisitions and partnerships.
• Assess emerging trends and disruptions to inform risk frameworks.
• Build trusted relationships and present clear risk perspectives to senior management and the Board.
• Develop a high-performing Strategic Risk team and scalable methodologies.

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

Vice President, Risk Management Overview: The Enterprise Risk Management team is looking for a Vice President, Strategic Risk to lead Mastercard's Strategic Risk function. This role helps Mastercard make better strategic decisions by providing independent risk perspectives, executive challenge and structured decision support across the company's most significant initiatives. This role will partner with senior leaders across Mastercard to evaluate new products, emerging business models, acquisitions, strategic investments and ecosystem partnerships. The role sits at the intersection of strategy, innovation, risk and execution. It helps leadership navigate uncertainty and make informed decisions that support Mastercard's long-term growth objectives. The successful candidate will bring exceptional judgement, executive presence and intellectual curiosity. They will translate complex issues into clear, actionable insights for senior management and the Board.

Role

The Vice President, Strategic Risk will focus on the following areas:

• Strategic decision support. Serve as Mastercard's lead risk advisor on the company's most significant strategic decisions. Lead independent assessments, frame decision points, risks, trade-offs and success conditions, and provide objective challenge to senior leaders.
• New products, business models, and strategic innovation. Lead Strategic Risk assessments of new products, platforms, services and business models, including propositions involving emerging technologies, digital assets, regulated activities, ecosystem partnerships and new revenue models.
• Mergers, acquisitions and strategic partnerships. Lead Strategic Risk participation across acquisitions, investments, joint ventures and strategic partnerships. Oversee risk due diligence and advise executive leadership on material risks, dependencies and integration considerations.
• Strategic foresight. Assess emerging trends, external developments, and disruptions that may affect Mastercard's Risk Profile. Provide insight on potential business dynamics, regulatory developments, technology shifts and market opportunities that should inform our Risk Frameworks.
• Executive influence. Build trusted relationships across business and control functions. Facilitate alignment where priorities compete, and present clear risk perspectives to senior management, governance bodies and the Board.
• Leadership and capability building. Lead and develop a high-performing Strategic Risk team. Build scalable methodologies, tools and operating practices, and foster independent thinking, constructive challenge and practical problem-solving.

All About You

The ideal candidate for this position should:

• Bring advanced expertise in strategy, management consulting or enterprise risk management in the financial services, technology or a related industry.
• Have a demonstrated record of advising senior executives on complex strategic decisions and influencing outcomes without relying on formal authority.
• Understand business risk assessment in new product development, strategic planning, mergers and acquisitions, and enterprise decision-making.
• Synthesize complex and incomplete information into clear executive recommendations, with strong written, verbal and presentation skills.
• Exercise sound judgment in ambiguous situations and balance strategic opportunity, risk and practical execution.
• Build and lead high-performing teams across functions, regions and disciplines.
• Experience in payments, fintech, financial services, digital assets or another highly regulated industry.
• Experience evaluating new products, emerging technologies, strategic partnerships or enterprise transformation initiatives.
• Experience leading risk due diligence or integration planning for acquisitions, investments or joint ventures.
• Experience supporting Board or executive committee discussions.
• Experience in leading teams and developing talent.

Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role.

In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact [e-mail] and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

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.

Compensation and Benefits

In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience.

Mastercard benefits for full time (and certain part time) employees generally include:

• insurance (including medical, prescription drug, dental, vision, disability, life insurance)
• flexible spending account and health savings account
• paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave)
• 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire
• 10 annual paid U.S. observed holidays
• 401k with a best-in-class company match
• deferred compensation for eligible roles
• fitness reimbursement or on-site fitness facilities
• eligibility for tuition reimbursement
• and many more

Mastercard benefits for interns generally include:

• 56 hours of Paid Sick and Safe Time
• jury duty leave
• on-site fitness facilities in some locations

THIS POSTING RELECTS ONE OR MORE CURRENT VACANCIES ON OUR TEAM, AND MASTERCARD INTENDS TO FILL THIS POSITION BY 01/07/2027. If the fill date has passed, Mastercard intends to fill this position as soon as possible.

Pay Ranges

Purchase, New York: $217,000 - $359,000 USD

Everyone wants easier ways to pay; we invent them. Checkout lines are slow; we speed them along. Merchants want more sales; we give them data and insights. People need financial access; we connect them. Corporate purchasing is complicated; we make it simple. Commuters are busy; we speed them on their way. Governments need greater efficiencies; we help create them. Small businesses are virtual; we give them access to a world of buyers. Retailers want to fight fraud; we provide the tools.