Description
Mastercard is seeking a Manager, Risk Management to join their Digital Asset Risk & Compliance team. The successful candidate 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.
Key responsibilities include:
- Providing Second Line oversight and challenge for BVNK financial risk exposures
- Reviewing credit exposure assessments, risk ratings, portfolio metrics, and risk reporting
- Challenging the adequacy of First Line controls for settlement exposure, liquidity provider and banking partner exposure, and credit risk mitigants
- Identifying, assessing, and escalating material issues, breaches, and emerging risks
- Monitoring exposure trends, portfolio performance, and key risk indicators against approved thresholds and risk appetite
- Supporting risk rating, counterparty scoring, stress testing, and ongoing portfolio monitoring
- Ensuring timely escalation of threshold breaches, policy exceptions, and material risk deterioration
- Supporting the build-out of the Digital Asset Risk & Compliance function, including financial risk frameworks, governance, reporting, and operating routines
- Translating Mastercard financial risk policies and procedures into clear requirements, controls, and evidence standards
- Partnering with stakeholders to align financial risk ownership, oversight, escalation, and decision-making
The successful candidate will have experience across financial risk disciplines, including credit, counterparty, settlement, liquidity, and collateral risk. They will also have the ability to apply financial risk principles to digital assets, stablecoins, tokenized settlement, prefunding, and banking partner exposures.
In terms of compensation, the successful candidate will be offered a competitive pay based on location, experience, and other qualifications for the role, ranging from $109,000 to $158,000 CAD per year.