Director, Risk Management

Mastercard is hiring a Director, Risk Management in Toronto, Canada. Level rates it ; you can apply on Mastercard.

Level's read on this job

On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
Tools and skills the posting cites include risk management, compliance and operational risk.
Level classifies it as a lead role.
Level lists 1,000+ other open roles at Mastercard.

AI in this role

Establish and operate second-line operational risk and control capabilities for digital assets at Mastercard.

risk-managementcomplianceoperational-riskdigital-assets

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

Director, Risk Management

Overview:
Mastercard is a global technology company in the payments sector. We power payments and provide products and services for individuals and industries all around the world. Our people, technology, data and brand provide the capabilities that drive our success. We believe in connecting people to priceless possibilities.

As a company, we know that our success is driven by the skills, experience, integrity and mindset of the talent we hire. By building an inclusive, world-class culture, our employees have once-in-a-career opportunities to be a part of teams that have a greater impact on our community and our world. We invite you to join our team to find out how you too can start something priceless.

Role Description:
The Digital Asset Risk & Compliance team is looking for a Director, Operational Risk & Controls to help build and operate Mastercard’s Second Line operational risk and control capabilities for digital assets.
The role will establish a consistent approach to identifying, assessing, monitoring and reporting operational risks across Mastercard’s digital asset strategy, products and operations. The Director will partner with the First Line to establish and maintain effective controls, risk and control self-assessments, control testing and monitoring in line with Mastercard policies and standards.
The Director will also support BVNK’s integration into Mastercard by aligning operational risk frameworks, controls, governance and reporting while preserving the ability of the business to grow and innovate.

Role:
Digital Asset Operational Risk & Controls
• Build and operate the operational risk and controls capability for Digital Assets and BVNK.
• Partner with the First Line to identify material operational risks and establish effective controls, monitoring, and escalation.
• Lead risk assessments, RCSAs, control reviews, and issue management across digital asset products, operations, technology, and third-party providers.
• Assess control effectiveness and identify emerging risks, control weaknesses, and opportunities for improvement.
• Establish practical and scalable approaches to monitoring, testing, reporting, and remediation
Governance, Reporting & Business Partnership
• Integrate operational risk considerations into strategy, product development, operating model decisions, and business growth.
• Establish governance and reporting that provides management with a clear view of risks, controls, issues, and required actions.
• Partner across Product, Technology, Operations, Finance, Compliance, Security, and Risk to support responsible growth.
• Provide independent challenge while helping the business develop practical and scalable solutions.
• Promote a strong risk and control culture across Mastercard and BVNK.

BVNK Integration
• Build the long-term operational risk and controls capability for Digital Assets as part of BVNK's integration into Mastercard.
• Assess current-state practices and identify priority enhancements based on business growth, risk profile, and regulatory expectations.
• Align governance, RCSAs, control monitoring, testing, issue management, and reporting with Mastercard standards.
• Track integration commitments and remediation plans through completion.
• Drive simplification, scalability, and automation of operational risk and control activities.

All About You:
• Experience in Operational Risk, Controls, Audit, Compliance, Risk Management, or a related discipline.
• Demonstrated ability to build and enhance risk and control frameworks, including risk assessments, controls, testing, monitoring, and issue management.
• Strong understanding of Second Line oversight, independent challenge, governance, and risk appetite.
• Ability to identify material risks, assess control effectiveness, and drive practical improvements.
• Experience partnering across business, product, operations, technology, and risk functions.
• Strong stakeholder management and ability to influence without direct authority.
• Ability to simplify complex issues and translate them into clear actions, decisions, and reporting.
• Comfortable operating in ambiguity, building new capabilities, and driving execution.
• Interest in digital assets, payments, fintech, and emerging financial technologies.

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 reasonable_accommodation@mastercard.com 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.

In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in Canada, the successful candidate will be offered a competitive pay based on location, experience and other qualifications for the role and may be eligible to participate in a discretionary annual incentive program. This posting reflects one or more current openings on our team.

Pay Ranges

Toronto, Canada: $138,000 - $221,000 CAD

How we rate this

Director, Risk Management at Mastercard rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

●●●● Builds AI80 to 100
●●●○ Works on AI60 to 79
●●○○ Uses AI40 to 59
●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Key facts

Director, Risk Management is an open job at Mastercard.
Level rates this role AI Level 1 of 4: Little AI.
The role is based in Toronto, Canada.
The job was posted on October 19, 2026.
Seniority: lead.
Applications are handled by Mastercard. Apply on Mastercard

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Risk ManagementComplianceOperational RiskDigital Assets

Questions you could be asked

Tell me about a project where risk management was part of your work. What did you do?
Tell me about a project where compliance was part of your work. What did you do?
Tell me about a project where operational risk was part of your work. What did you do?
Tell me about a project where digital assets was part of your work. What did you do?

Adapt your resume

List these exact terms on your resume: Risk Management, Compliance, Operational Risk, and Digital Assets. An applicant tracking system matches the wording, not the idea.
Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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