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 Manager, Risk Management Who is Mastercard? Mastercard is a global technology company in the payments sector. We power payments and provide products and services for individuals and industries all around the world. Our people, technology, data and brand provide the capabilities that drive our success. We believe in connecting people to priceless possibilities. As a company, we know that our success is driven by the skills, experience, integrity and mindset of the talent we hire. By building an inclusive, world-class culture, our employees have once-in-a-career opportunities to be a part of teams that have a greater impact on our community and our world. We invite you to join our team to find out how you too can start something priceless. Overview: The Digital Asset Risk & Compliance team is looking for a Manager, Financial Risk who will provide dedicated Second Line expertise to support BVNK’s integration into Mastercard and the build-out of the Digital Asset Risk & Compliance function. The role is responsible for ensuring that credit, settlement, counterparty, collateral, liquidity, and related financial risks are understood, measured, monitored, and governed within Mastercard’s risk appetite. Role: Credit Risk Oversight & Challenge • Provide Second Line oversight and challenge for BVNK financial risk exposures, including credit, settlement, counterparty, collateral, and related digital assets related activity. • Review credit exposure assessments, risk ratings, portfolio metrics, credit limit utilization and risk reporting for alignment with policy, risk appetite and established thresholds. • Challenge the adequacy of First Line controls for settlement exposure (including intraday and prefunding risk), liquidity provider and banking partner exposure, and credit risk mitigants. • Identify, assess and escalate material issues, breaches, deteriorating exposures, and emerging risks to the SVP, Credit Risk and relevant governance forums. Portfolio Monitoring & Risk Appetite • Monitor exposure trends, portfolio performance, concentration, limit utilization, and key risk indicators against approved thresholds and risk appetite. • Identify emerging risk themes, adverse trends, and control gaps before they escalate into governance or customer protection issues. • Support risk rating, counterparty scoring, stress testing, expected loss analysis, and ongoing portfolio monitoring. • Ensure timely escalation of threshold breaches, policy exceptions, risk acceptance requests, and material risk deterioration through established governance. Governance, Integration & Financial Risk Enablement • Support the build-out of the Digital Asset Risk & Compliance function, including financial risk frameworks, governance, reporting, and operating routines. • Support BVNK’s integration by translating Mastercard financial risk policies and procedures into clear requirements, controls, and evidence standards. • Partner with Mastercard and BVNK stakeholders to align financial risk ownership, oversight, escalation, and decision-making. • Prepare concise, decision-oriented materials for senior management, risk committees, integration governance forums, audit, and regulatory reviews. • Maintain clear and audit-ready documentation of assumptions, decisions, exceptions, dependencies, issues, ownership, and remediation actions. All About You • Experience across financial risk disciplines, including credit, counterparty, settlement, liquidity, and collateral risk. • Ability to apply financial risk principles to digital assets, stablecoins, tokenized settlement, prefunding, and banking partner exposures. • Experience in banking, payments, fintech, digital assets, or another regulated financial services environment. • Working knowledge of exposure measurement, risk ratings, limits, stress testing, expected loss, and portfolio monitoring. • Strong understanding of Second Line oversight, independent challenge, risk appetite, and escalation. • Ability to translate policy into practical controls, monitoring, governance, and reporting. • Strong analytical judgment and ability to bring structure to complex or evolving risks. • Clear communicator who can build trusted partnerships while maintaining independent challenge and risk discipline. Mastercard is a merit-based, inclusive, equal 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. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly. 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. In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in Canada, the successful candidate will be offered a competitive pay based on location, experience and other qualifications for the role and may be eligible to participate in a discretionary annual incentive program. This posting reflects one or more current openings on our team. Pay Ranges Toronto, Canada: $109,000 - $158,000 CAD Everyone wants easier ways to pay; we invent them. Checkout lines are slow; we speed them along. Merchants want more sales; we give them data and insights. People need financial access; we connect them. Corporate purchasing is complicated; we make it simple. Commuters are busy; we speed them on their way. Governments need greater efficiencies; we help create them. Small businesses are virtual; we give them access to a world of buyers. Retailers want to fight fraud; we provide the tools.

Manager, Risk Management.

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