Director, Risk Management
Mastercard
- São Paulo - SP
- Permanente
- Período integral
We are currently looking for a Director, Risk Management based in Sao Paolo and reporting to the CRO, Europe and Regulated Entities.The principal responsibility of the role, in the second line of defense Risk team, consists in implementation and oversight of the risk management program and internal control framework in Brazil. The role also acts as the point of contact for the Brazilian Central Bank (BCB) for credit, liquidity and operational risk matters.Role:
- Establish and maintain the entity’s risk management framework (e.g., policies, procedures, taxonomies) in alignment with global policies and ensuring compliance with BCB regulations
- Obtain local approvals of risk management frameworks and policies where required
- Oversee and challenge risk identification and assessment processes by the first line of defense to timely identify, measure, evaluate, mitigate, monitor, and report the risks faced by the entity, inclusive of but not limited to credit, liquidity and operational risks
- Engage with Business Unit Risk Champions and Risk Program Leads to review and challenge risk assessment activities, e.g., risk workshops, executive interviews, etc within the market
- Support development of an appropriate control inventory and control testing program
- Assess the adequacy of controls and risk mitigation plans for identified risks
- Support the identification and assessment of emerging and evolving risks
- Ensure escalation and reporting of key risks to the Company’s risk governance forums
- Ensure that identified risks are operating within the risk appetite of the Company; oversee risk remediation plans for breaches of appetite within the market
- Ensure key risks are recorded and captured, by risk owners, within the Company’s GRC tool
- Support the establishment and maintenance of a robust entity internal control framework that complies with regulations, including segregation of responsibilities between first vs second line of defense where required
- Working with Enterprise Resilience, ensure the market maintains an appropriate business continuity and disaster recovery plan
- Act as point of contact for risk matters with the BCB. In coordination with the Regulatory Affairs team, oversee remediation plans related regulatory findings identified with respect to credit, liquidity and operational risk, where relevant
- Strong analytic skills and deep understanding of the payment industry in Brazil
- Deep knowledge of risk management, regulatory frameworks, control standards
- Knowledge and background in credit, liquidity and operational risk management within Brazil
- Strong interpersonal skills and ability to influence at all levels of management with experience in partnering with executive team
- Risk management experience in a bank, or financial services/payments company
- Experience managing both financial and non financial risks
- Deep knowledge of Brazilian payments regulations and prior experience interacting with the BCB
- Highly effective communicator who can present credibly to multiple types of audiences
- Ability to develops strong relationships across cross-functional and diverse groups
- Comprehensive knowledge of the payments industry, competitive environment and consumer trends