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
Director, TECH Regulatory Execution The Technology Regulatory Lead will support the Vice President, Program Management, to ensure that Mastercard maintains the appropriate level of oversight, controls, and risk management across all its technology businesses in the region. This role involves active participation in governance meetings, and reporting for both internal stakeholders and external entities such as regulators and central banks.Role
Regulatory Oversight and Compliance:
o Ensure compliance with all relevant regulatory requirements and standards.
o Develop and maintain a comprehensive understanding of regulatory expectations and changes.
o Lead Regulatory audits
o Implement and monitor controls to ensure adherence to regulatory requirements.
• Risk Management:
o Identify, assess, and manage technology-related risks.
o Develop and implement risk mitigation strategies.
o Conduct regular risk assessments and audits to ensure the effectiveness of controls.
Governance and Reporting:
o Organize and participate in governance meetings to discuss regulatory and risk management issues.
o Prepare and present reports to internal stakeholders, including senior management and the board of directors.
o Liaise with external regulators and central banks, providing necessary documentation and reports.
Stakeholder Engagement:
o Collaborate with various departments, including IT, legal, and compliance, to ensure a cohesive approach to regulatory compliance and risk management.
o Act as a point of contact for regulatory inquiries and audits.
o Provide guidance and training to staff on regulatory requirements and best practices.
Crisis management:
o Lead the tech team during a crisis moment
o Identify & managed the appropriate follow up
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.
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