United Spinal Association Jobs

Our Purpose

We work 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. We cultivate a culture of inclusion (https://www.mastercard.us/en-us/vision/who-we-are/diversity-inclusion.html) for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.

Title and Summary

Director, Risk Management

Overview:

We are currently looking for a Director, Risk Management based in Sao Paolo and reporting to the CRO, Europe and Regulated Entities.

The principal responsibility of the role, in the second line of defense Risk team, consists in implementation and oversight of the risk management program and internal control framework in Brazil. The role also acts as the point of contact for the Brazilian Central Bank (BCB) for credit, liquidity and operational risk matters.

Role:

• Establish and maintain the entity’s risk management framework (e.g., policies, procedures, taxonomies) in alignment with global policies and ensuring compliance with BCB regulations

• Obtain local approvals of risk management frameworks and policies where required

• Oversee and challenge risk identification and assessment processes by the first line of defense to timely identify, measure, evaluate, mitigate, monitor, and report the risks faced by the entity, inclusive of but not limited to credit, liquidity and operational risks

• Engage with Business Unit Risk Champions and Risk Program Leads to review and challenge risk assessment activities, e.g., risk workshops, executive interviews, etc within the market

• Support development of an appropriate control inventory and control testing program

• Assess the adequacy of controls and risk mitigation plans for identified risks

• Support the identification and assessment of emerging and evolving risks

• Ensure escalation and reporting of key risks to the Company’s risk governance forums

• Ensure that identified risks are operating within the risk appetite of the Company; oversee risk remediation plans for breaches of appetite within the market

• Ensure key risks are recorded and captured, by risk owners, within the Company’s GRC tool

• Support the establishment and maintenance of a robust entity internal control framework that complies with regulations, including segregation of responsibilities between first vs second line of defense where required

• Working with Enterprise Resilience, ensure the market maintains an appropriate business continuity and disaster recovery plan

• Act as point of contact for risk matters with the BCB. In coordination with the Regulatory Affairs team, oversee remediation plans related regulatory findings identified with respect to credit, liquidity and operational risk, where relevant

All About You:

• Strong analytic skills and deep understanding of the payment industry in Brazil

• Deep knowledge of risk management, regulatory frameworks, control standards

• Knowledge and background in credit, liquidity and operational risk management within Brazil

• Strong interpersonal skills and ability to influence at all levels of management with experience in partnering with executive team

• Risk management experience in a bank, or financial services/payments company

• Experience managing both financial and non financial risks

• Deep knowledge of Brazilian payments regulations and prior experience interacting with the BCB

• Highly effective communicator who can present credibly to multiple types of audiences

• Ability to develops strong relationships across cross-functional and diverse groups

• Comprehensive knowledge of the payments industry, competitive environment and consumer trends

As Mastercard is a global company, we sometimes have team members from outside of the location listed on this posting that are reviewing submitted applications. Please attach a copy of your resume in English to expedite the screening process.

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.