Vice President, Governance, Risk & Compliance Controls
Vice President, Governance, Risk & Compliance Controls

Vice President, Governance, Risk & Compliance Controls

Full-Time 100000 - 150000 £ / year (est.) No home office possible
MasterCard

At a Glance

  • Tasks: Lead governance, risk, and compliance controls for Mastercard Transaction Services globally.
  • Company: Join Mastercard, a leader in global payments and financial technology.
  • Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
  • Other info: Engage with global regulators and shape the future of payment innovations.
  • Why this job: Make a significant impact on the future of payments and digital currencies.
  • Qualifications: Experience in governance, risk management, or compliance in regulated financial services.

The predicted salary is between 100000 - 150000 £ per year.

The Vice President, Governance, Risk & Compliance Controls is a senior leadership role responsible for designing, executing, and overseeing integrated governance, risk, and compliance (GRC) control frameworks to ensure Mastercard Transaction Services meets global regulatory, operational, and enterprise risk obligations. This role provides strategic direction and oversight of governance structures, risk frameworks, compliance controls, and reporting mechanisms across global markets, with particular emphasis on payments environments, including fiat and digital currency ecosystems, payment schemes, and clearing and settlement infrastructures.

Key Responsibilities

  • Lead governance, risk, and compliance controls program for Mastercard Transaction Services, ensuring alignment with global regulatory expectations and Mastercard corporate governance frameworks.
  • Design, implement, and continuously enhance governance and risk control frameworks covering financial crimes compliance across global payments businesses.
  • Provide senior level oversight of compliance and risk controls supporting fiat currency payment schemes, digital payment platforms, and emerging digital asset and tokenized value propositions, ensuring safe, sound, and compliant operations.
  • Serve as senior governance and controls lead for regulatory engagement with U.S. and international supervisory authorities, including central banks, payment regulators, and prudential supervisors.
  • Oversee governance and controls related to regulatory change management, including implementation of new or evolving payments, and digital currency regulatory requirements across jurisdictions.
  • Ensure continuous regulatory exam, audit, and supervisory readiness through robust governance documentation, control testing, issue management, and management reporting.
  • Partner with product, technology, and business leaders to embed governance, risk, and compliance controls into new products, payment schemes, digital currency initiatives, and global market expansions.
  • Provide thought leadership on governance and risk trends affecting payments, and digital currency ecosystems, influencing strategic decision making at the executive level.

Required Qualifications

  • Experience in governance, risk management, compliance, or audit within global banking, payments, or other highly regulated financial services environments.
  • Demonstrated expertise in designing and operating GRC control frameworks, including regulatory compliance controls, risk assessments, issue management, and governance reporting in complex global organizations.
  • Strong knowledge of global regulatory expectations impacting payments, including payment schemes, operational resilience, third party risk, data governance, and financial crime risk.
  • Experience covering both fiat currency payment systems and digital payment or digital currency models, including regulated digital assets or tokenized value where applicable.
  • Proven ability to lead senior level stakeholder engagement and communicate effectively with regulators, executive leadership, and Boards.

Preferred Qualifications

  • Direct experience engaging with U.S. and international financial market regulators.
  • Background in global payments networks, financial institutions, clearing and settlement systems, or regulated financial technology platforms.
  • Experience supporting governance and controls for digital payment innovation, digital currencies, or next generation payment schemes.
  • Advanced degree or relevant professional certifications (e.g., CRCM, CCEP, CAMS, FRM).

Reporting Structure

This role reports to the Senior Vice President, Compliance, Mastercard Transaction Services.

Corporate Security Responsibility

  • 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.

Vice President, Governance, Risk & Compliance Controls employer: MasterCard

Mastercard is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration in the rapidly evolving payments landscape. With a strong commitment to employee growth, Mastercard provides extensive training and development opportunities, ensuring that team members are equipped to excel in their roles while contributing to meaningful projects that shape the future of digital finance. Located in a vibrant global market, employees benefit from a diverse culture that values inclusivity and encourages creative thinking, making it an ideal place for professionals seeking to make a significant impact in governance, risk, and compliance.
MasterCard

Contact Detail:

MasterCard Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Vice President, Governance, Risk & Compliance Controls

✨Tip Number 1

Network like a pro! Reach out to industry contacts on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that VP role.

✨Tip Number 2

Prepare for interviews by researching the company’s governance and compliance strategies. We want you to show off your knowledge about their frameworks and how you can enhance them. It’s all about making a strong impression!

✨Tip Number 3

Practice your pitch! You need to clearly articulate your experience in governance, risk management, and compliance. We suggest rehearsing with a friend or mentor to nail down your delivery.

✨Tip Number 4

Don’t forget to apply through our website! We’ve got loads of resources to help you prepare and stand out. Plus, it shows you’re genuinely interested in joining our team.

We think you need these skills to ace Vice President, Governance, Risk & Compliance Controls

Governance Framework Design
Risk Management
Compliance Controls
Regulatory Engagement
Financial Crimes Compliance
Control Testing
Issue Management
Governance Reporting
Stakeholder Engagement
Knowledge of Payment Schemes
Operational Resilience
Data Governance
Digital Currency Knowledge
Experience with Regulatory Authorities
Advanced Degree or Professional Certifications

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to highlight your experience in governance, risk management, and compliance. Use keywords from the job description to show that you understand what we're looking for.

Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of your past experiences that align with our needs, especially in payments and regulatory environments.

Showcase Your Leadership Skills: As a senior role, we want to see your leadership capabilities. Highlight instances where you've led teams or projects, particularly in complex global organisations, to demonstrate your ability to drive results.

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at MasterCard

✨Know Your GRC Frameworks

Make sure you’re well-versed in governance, risk, and compliance control frameworks. Brush up on how these frameworks apply to both fiat and digital currencies, as well as the specific regulatory expectations that Mastercard adheres to. This knowledge will help you demonstrate your expertise and show that you’re ready to lead in this area.

✨Showcase Your Stakeholder Engagement Skills

Prepare examples of how you've successfully engaged with senior stakeholders and regulators in the past. Highlight your communication skills and ability to influence decision-making at the executive level. This is crucial for a role that requires collaboration across various teams and external authorities.

✨Stay Updated on Regulatory Trends

Familiarise yourself with the latest trends in governance and risk management, especially those affecting payments and digital currencies. Being able to discuss current events or changes in regulations will show that you’re proactive and knowledgeable about the industry landscape.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving abilities in real-world situations. Think through potential challenges related to compliance controls or risk management in payment systems and be ready to discuss how you would address them. This will showcase your strategic thinking and practical application of your knowledge.

Vice President, Governance, Risk & Compliance Controls
MasterCard

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