Director, Risk & Control

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 & Control Overview 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. Leveraging Mastercard’s global payments network, our account-to-account business provides domestic and cross-border solutions to enable the frictionless future of payments. We help our customers leverage rich messaging functionality and applications to capture business and consumer payment flows both domestically and cross-border; offer solutions to connect, enable, and safeguard the Open Finance ecosystem, and protect banks and their customers from financial crime. All of this is supported by account-based data insights and consulting to help our clients optimise their payment strategies across the world. Open Finance is a worldwide phenomenon, gathering pace over the recent years and set to transform many aspects of financial services as well as adjacent services. Mastercard has built a suite of Open Finance Solutions designed to connect, enable and safeguard the Open Finance ecosystem and are now in the process of bringing new solutions to market, commercialising and enhancing them. There are a number of markets already live with various forms of open banking offerings and other markets where Open Finance is at earlier stages of development. The Role Mastercard’s Open Finance Risk & Control team’s role includes managing and delivering upon key risk advisory and control execution, to ensure the resilience of our products and services and the integrity of our business. This position will play a key role in driving risk strategy and leading programs and projects supporting the initiatives taken by the Open Finance team, to ensure the resilience of the business and to meet regulatory requirements from EU DORA. This position will report to the Vice President, 1st line Risk & Control in the Open Finance Team and will be expected to maintain a close working relationship with the 2nd line Risk team overseeing regulated entities in Europe. At Mastercard we are committed to the highest standards of ethics and integrity. Ethics and Compliance are at the core of our company values and are essential to both the personal success of every Mastercard employee and to the success of the company. The Regulatory Compliance Officer, will be responsible for managing, strengthening, extending and sustaining a successful regulatory compliance program particularly in relation to the Open Banking business in Europe. Relevant to this will be regulatory oversight and supervision at national level and how this fits with Mastercard’s broader pattern of regulation as a global business. The successful candidate will design, drive and support regulatory compliance activities for Mastercard open banking operations in Denmark, the United Kingdom and other countries as needed. The successful candidate will work cross-functionally with his / he ... (truncated, view full listing at source)