SVP, Risk, Core Payments

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About the role

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 SVP, Risk, Core Payments SVP, Core Payments Risk Management Who is Mastercard? Mastercard (MA) 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 innovation, we help individuals, financial institutions, governments and businesses realize their greatest potential. Overview: At Mastercard, risk management is fundamental to achieving our strategic objectives and maintaining the trust of customers, regulators, shareholders and employees. Mastercard is committed to the highest standards of integrity, governance and risk management. The SVP, Core Payments Risk Management, is a senior leadership role within the MA Risk organization, reporting to the EVP, Risk Strategy and Transformation. The role is responsible for providing independent second-line-of-defense (2LoD) oversight of Mastercard’s Core Payments business’ risk profile, governance framework, risk culture and control environment. They will also have responsibility to act as Chief Risk Officer for Real Time Payments International entities. Role: Strategic Enabler to the Business • Enable growth by designing practical guardrails that allow the business to scale with appropriate risk discipline, regulatory credibility and alignment to Mastercard standards. • Supports scaled and controlled growth in Core Payments strategy, supporting new prioritized product launches and initiatives. • Provide executive‑ready risk insights to leadership, supporting prioritization, investment decisions and timely escalation of material risks. Risk Management & Execution • Lead risk management and operating cadence including governance forums, escalation pathways, issue management and executive reporting. • Oversee execution across all risk domains (e.g., operational resilience, technology/cyber, third‑party, conduct and other enterprise risks) ensuring consistent application of frameworks, standards and controls across all jurisdictions and business lines. • Ensure clear Three Lines of Defense accountability and independent challenge. • Identify latent and emerging risks, aligning with the 1st Line, and translate them into actionable governance, controls and executive decision-making. • Prioritize areas of focus given risk materiality. Risk Management Program • Design, operate and continuously enhance risk management practices across Core Payments progressing alignment between risk strategy, appetite and business growth, leveraging Enterprise Risk Management and other relevant standards and practices. • Establish and maintain robust risk governance, including clear escalation pathways, risk committees, and decision‑making structures. • Oversee end‑to‑end risk processes, including risk identification, assessment, monitoring and issue management, ensuring risks are effectively mitigated and controlled. • Develop and coordinate risk reporting for senior leadership. • Partner with business and technology leaders to embed disciplined risk‑taking, ensuring risks across operational, credit and technology domains are actively managed in line with risk appetite. Integration & C

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