Vice President, Risk Management - Digital Assets

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 Vice President, Risk Management - Digital Assets Overview Mastercard’s Digital Assets Product team is seeking a Vice President (VP), Risk Champion to serve as a First Line of Defense (1LoD) risk leader across its expanding suite of digital asset offerings, including Crypto Flows, Crypto Credential, Multi-Token Network (MTN), and adjacent market expansion initiatives. This is a critical role at the intersection of innovation and risk, ensuring Mastercard’s Digital Assets portfolio scales safely, responsibly, and in alignment with enterprise standards. The Risk Champion will play a central role in enabling sustainable growth in one of Mastercard’s most strategic and rapidly evolving areas. This role is a strategic position embedded within the business, responsible for ensuring that risk management is effectively integrated into product strategy, commercialization, and operations. The Risk Champion will act as a critical bridge between the Digital Assets product organization and Second Line of Defense (2LoD) partners, including Risk, Compliance, Treasury, and cross-functional teams such as Operations, CRM, and MTS. This leader will bring strong influence, governance, and execution discipline to ensure responsible innovation in a rapidly evolving digital asset ecosystem. Role & Responsibilities 1. Risk Program Leadership & Embedding • Drive the integration of the 1LoD risk framework across all Digital Assets product offerings and market expansion initiatives • Embed risk management into business strategy, product development, commercialization, and operational processes • Ensure risk considerations are incorporated into resource allocation, prioritization, and decision-making 2. Risk Appetite Alignment • Ensure all Digital Assets activities operate within Mastercard’s enterprise risk appetite • Balance growth and innovation objectives with appropriate risk controls and governance • Provide guidance to product and regional leaders on acceptable risk thresholds and trade-offs 3. Enterprise Risk Assessments • Oversee and conduct the execution of risk assessments across the Digital Assets portfolio with cross-functional partners • Ensure consistency and completeness across product lines and geographies 4. Risk Governance, Committees & Escalation • Ensure material risks, issues, and mitigation plans are: o Reviewed in Business Risk Control Committees (BRCC) or relevant entity-level committees o Escalated appropriately to the Executive Risk Committee (ERC) • Represent Digital Assets in key risk governance forums and influence decision-making 5. 2LoD & Cross-Functional Coordination • Serve as primary liaison between the Digital Assets business and: o Risk Management o Compliance o Legal / Regulatory o Treasury o CRM • Coordinate risk-related deliverables and program execution across Operations, CRM, MTS, and regional teams • Facilitate alignment on risk controls, regulatory requirements, and market entry strategies 6. Strategic Advisory & Market Expansion Support • Partner with Digital Assets leadership to enable responsible market expansion and product scaling • Provide risk-informed guidance on: o New product launches o Regulatory readiness in new markets o Emerging risks in digital assets (e.g., crypto, tokenization,