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Vice President, Business Unit Risk Manger - Products & Innovation

Overview The Business Unit Risk Manager will help facilitate the implementation of an integrated, comprehensive assessment of risks, including day to day risks that may impact the ability of the business unit to meet its objectives, and will ensure that risks are consistently tracked and managed. The Business Unit Risk Manager will help align the region/ business/ function risk management activities with ERM, Risk Champions, second line of defense functions, and management team. Role The Business Unit Risk Manager will be responsible for: o Coordination of the implementation of the Company's risk governance framework o Coordination and rationalization of a comprehensive business unit risk assessment agenda, including: - ERM assessments - Risk and Control Self Assessments (for processes and systems) - Product/ new initiative assessments o Providing support to the business on risk assessment activities (e.g., planning and execution workshops) and development of response plans o Tracking response plans for realized risk incidents o Alignment of risk management activities performed by second and third lines line of defense functions, and communicating issues and responses o Management of regional/ business/ function Risk Forum agenda, including tracking and monitoring management actions/ remediation - Drive alignment and coordination across risk management areas (2nd line of defense) to maximize effectiveness and efficiency of risk management program. - Lead the risk aggregation and consolidation process, in conjunction with the ERM Risk Champion, to support a holistic and comprehensive response to risks - Periodically monitor risk metrics, tolerances and limits - Monitor the progress of risk mitigation activities o Sharing risk insights identified at the Risk Forums with Strategy and driving consideration of the same into the strategic planning process All About You o Risk management experience in a large multinational with a mature ERM program o Knowledge of risk management practices (e.g., ERM, ORM, technology) o Strong interpersonal skills and ability to influence at all levels including outside his/ her reporting lines o Experience in partnering with executive management o Articulate and highly effective communicator o Demonstrated success in applying risk management to support the business/ strategy o Excellent analytical, problem solving and critical thinking skills o Ability to work under pressure, in sometimes ambiguous circumstances o People management experience, including experience as a manager of managers o Understands and appreciates diverse backgrounds o Knowledge of thepayments industry and products, competitive environment, consumer trends, and economic environment Mastercard is an inclusive Equal Employment 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. R-75476
Salary Range: NA
Minimum Qualification
Not Specified years

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