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Company: Mastercard
Location: London, England, United Kingdom
Career Level: Associate
Industries: Banking, Insurance, Financial Services

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

Senior Analyst, Risk Framework, Governance & Reporting Main Purpose of role
This is an exciting opportunity to part of the 2nd line Risk team in Vocalink Limited, a company that enables the payments of 90% of salaries, 70% of utility bills, most ATM transactions and every cheque cleared in the UK.

The successful candidate will become part of a high functioning team, dedicated to delivering a robust, secure and resilient service to 60+million citizens every day with transactional volume of 11 billion/year and total annual transactional value in excess of GBP6 Trillion.

The appointee will be responsible for supporting the Risk strategy and delivery models to meet the growth needs of Vocalink and for meeting the operational and technical requirements of our core payments covered by the Vocalink business model including Bacs, Faster Payments, Imaging Cheque System, LINK, Payport, BGC.

The role holder will be:
• Supporting the governance and reporting requirements of the risk transformation activity to deliver the Vocalink Strategic Risk Management Framework
• Support the development and maintenance of the Risk Governance and Transformation Reporting that are required to support the Framework
• Develop and implement a plan for the ongoing risk transformation reporting in Vocalink.
• Support the Enterprise Risk team in compiling MI and reporting for the ERC and BRC
• Support the Enterprise Risk team to ensure the Governance of the business and the risk transformation reporting remains up to date, effective and relevant.
• Work closely with certain 1st line functions to support their overall risk management approach, giving risk guidance where required.
• Assist with providing risk extracts and support into Schemes such as Pay.UK and LINK
• Support senior management and the Board/Audit Committee in ensuring that risks are mitigated to the desired level
• Assist in developing risk related training materials, attend training events and help ensure that colleagues at all levels are performing their desired role as per the Risk Framework
• Support the implementation of cross-functional initiatives on enterprise risk governance, reporting, policies and procedures
• Support other activities in the Enterprise Risk Team as necessary

Knowledge, Skills and Expertise (technical / role specific)
Essential • Good experience of risk management and/or risk transformation,
• Strong knowledge of the requirements of good risk governance and risk transformation reporting
• Strong knowledge of overall risk management policies, process and risk reporting
• Strong knowledge of Operational Risk best practice
• Relevant experience of working in a complex (preferably multi-national) stakeholder environment that includes complex customers and regulators.
• Ability to articulate themselves clearly and concisely to a broad range of senior and junior stakeholders,.
• Good influencing skills; organizationally savvy
• Communication - requires effective communication skills – both written and oral - to deal with large diverse customer base (internal and external)
• Problem solving – excellent analysis and deductive skills
• Customer focus – passion for excellence
• Ethics – strong personal and professional ethics
• Highly motivated and conscientious individual
• Embodies and demonstrates all of the brand values required by Vocalink and Mastercard
Desirable • Experience within Critical National Infrastructure responsible organisations
• Financial Services experience particularly in payments and relevant infrastructure
• Experience working with regulators (Bank of England supervision)

Desired Qualifications
- Relevant degree or equivalent experience
- Professional certifications
- Working with other regulators (non-UK)

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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