This role is closed. Mastercard is no longer accepting applications for it.
Open roles like this one
- Apply to AI Tech Lead at Mastercard
- AvivaVP adjoint(e), Science des données et modélisation de la tarificationApply to VP adjoint(e), Science des données et modélisation de la tarification at Aviva
Canada - Montreal QC 555 Chabanel Ouest
- Rio TintoConseiller(ère) principal(e), Développement des cadres / Principal Adviser, Executive DevelopmentApply to Conseiller(ère) principal(e), Développement des cadres / Principal Adviser, Executive Development at Rio Tinto
Montreal
- Apply to Director, Cash Management at RBC
- Apply to Content Executive at Entain
See all open roles at Mastercard
Get new AI jobs like this
Free. Unsubscribe in one click.
Director, Risk Management
AI in this role
Build and operate second line risk management capabilities and frameworks for digital assets and strategic integrations.
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 ManagementWho is Mastercard?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:
The Digital Asset Risk & Compliance team is looking for a Director, Digital Asset Risk Management to help build and operate Mastercard’s Second Line risk management capabilities for digital assets. The role will establish a consistent approach to identifying, assessing, monitoring and reporting risks across Mastercard’s digital asset strategy, products and operations. The Director will also support BVNK’s integration into Mastercard by aligning risk frameworks, governance, reporting and accountability while preserving the ability of the business to grow and innovate.
Digital Asset Risk Management
• Build and operate the Digital Asset Risk Management framework, including risk identification, assessment, appetite, monitoring, reporting and escalation.
• Maintain an enterprise view of material risks across Mastercard’s digital asset strategy, products, markets and operating model.
• Lead risk assessments of new and existing digital asset products, initiatives and business models.
• Provide independent challenge on material risk decisions, control gaps, risk acceptances and emerging risks.
• Translate Mastercard’s risk appetite and ERM standards into practical requirements for digital asset activities.
Financial Risk Management
• Review credit exposure assessments, risk ratings, portfolio metrics, credit limit utilization and risk reporting for alignment with policy, risk appetite and established thresholds.
• Challenge the adequacy of First Line controls for settlement exposure (including intraday and prefunding risk), liquidity provider and banking partner exposure, and credit risk mitigants.
• Support the build-out of the Digital Asset Risk & Compliance function, including financial risk frameworks, governance, reporting, and operating routines.
Governance, Reporting & Business Partnership
• Establish governance and reporting routines that provide management with a clear view of risks, decisions, dependencies and required actions.
• Prepare concise, decision-oriented materials for senior management, governance forums, audit and regulatory review.
• Partner with Product, Technology, Finance, Treasury, Legal, Compliance and specialist Risk teams to ensure risks are appropriately owned and managed.
• Support business growth by developing practical guardrails and ensuring Risk is engaged early in strategic and product decisions.
• Identify emerging digital asset risks and assess their implications for Mastercard’s strategy and operating model.
BVNK Integration
• Support BVNK’s integration into Mastercard’s ERM framework, risk appetite, governance and Three Lines of Defense model.
• Lead risk gap assessments and develop proportionate plans to address identified gaps.
• Track due diligence commitments, emerging integration risks and remediation actions through completion.
• Clarify risk ownership, decision rights, escalation pathways and integration dependencies.
• Represent Digital Asset Risk & Compliance in relevant integration and governance forums.
All About You
• Experience in enterprise, strategic, operational, technology, financial or related risk disciplines within a regulated organization.
• Demonstrated ability to build or enhance risk frameworks, governance, risk assessments, reporting and escalation processes.
• Strong understanding of Second Line oversight, independent challenge, risk appetite and the Three Lines of Defense model.
• Experience supporting digital assets, payments, fintech, new business models, acquisitions or complex transformation programs.
• Ability to translate strategy, risk issues and integration commitments into practical plans with clear ownership and timelines.
• Strong judgment and ability to balance business growth, innovation and risk management.
• Ability to simplify complex issues and prepare clear, decision-oriented materials for senior stakeholders.
• Strong stakeholder management and ability to influence across functions and organizational boundaries.
• Comfortable operating in ambiguity, establishing structure and driving execution.
• Curiosity about digital assets, stablecoins and the future of money movement.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.
Pay Ranges
Toronto, Canada: $138,000 - $221,000 CADHow 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.
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.
Prepare for this job
Built from this posting and from similar jobs on Level.
Skills and AI tools this role asks for
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 digital assets was part of your work. What did you do?
- Tell me about a project where governance was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Risk Management, Compliance, Digital Assets, and Governance. 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.
Want an expert to read your CV for this job?
Free. Send your CV and the role you want next. You get your review by email within 24 hours.
Get new AI jobs by email
One email a week with the new AI jobs, each rated for how much AI is in the work. No recruiter spam, unsubscribe in one click.
Free. One email a week. Unsubscribe in one click.
What kind of AI work fits you?
Answer 12 practical questions in about three minutes. Get a simple profile, the work it points to, and live roles to explore next.
Find my next step