Manager, Risk Management

Mastercard has approximately $77B in credit exposure to financial institutions and other counterparties worldwide, placing the CRM's role as a key part of its evolving and quickly growing business model, with new services, products and acquisitions taking a critical role in the company's expansion. The magnitude and strategic nature of this exposure necessitates periodic engagement with senior management, Mastercard's sales, franchise, and product organizations as well as our customers (issuers, acquirers, etc.). This provides great opportunities to learn and grow your career within Mastercard.

Role
The primary responsibility is to support the CRM team to ensure customer risk is appropriately assessed, managed, and mitigated in accordance with Mastercard's policies & procedures and risk appetite framework. This includes, but is not limited to:

• Responsible for all merchant underwriting for CRM at a global level.

• Responsible for monitoring risk mitigant and exposure amounts to ensure exposure to merchants and banks remain within risk appetite.

• Work with management and 2nd line of defense to set up the framework to manage merchant exposure and exposure to banks related to specific programs.

• Cooperate with regional leads (CRM VPs) to ensure appropriate management of merchant and bank risk in different geographies.

• Project manage/coordinate with relevant teams on controls and enhancements necessary to accommodate new merchants and banks within CRM's risk standards and Mastercard's risk appetite.

• Participate in various process improvement initiatives and sharing best practices.
The role will require strong credit risk background, a good systems and tools and usage of various data sources relevant for the customer risk management function, as well as expertise in merchant underwriting, with focus in high-risk verticals (e.g., gaming, gambling, etc.).

All About You
• Postgraduate degree in business, economics, econometrics or equivalent.
• Experience in credit risk assessment and financial statements analysis; experience in / knowledge of high-risk merchants' analysis.
• Accuracy, self-drive, accountability and sense of urgency.
• Outstanding written and verbal English communication skills.
• Advanced Excel, Word, and PowerPoint user.
• Positive attitude, strong work-ethic, and good sense of humor.

Mastercard is an 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. 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 the US, the successful candidate will be offered a competitive base salary based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. 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 new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 5 personal days, 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, gender-inclusive benefits and many more.

Pay Ranges
Purchase, New York: $117,000 - $182,000 USD