Back to Search Results
Get alerts for jobs like this Get jobs like this tweeted to you
Company: Mastercard
Location: Gurugram, HR, India
Career Level: Director
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

Director - Strategic Initiatives, Corporate Treasury Overview

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential.

Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

The Corporate Treasury team performs all global treasury activities for Mastercard, including capital planning analysis, rating agency relationships, foreign exchange risk management and trading, cash management, cash positioning, global funding & liquidity management, cash investments, pensions, asset-liability management, and various capital markets transactions (debt issuances, equity share buy-back) including credit facility management.

This Director – Strategic Initiatives, Corporate Treasury role based in Gurgaon, India is a high impact role that will lead strategic transformation of company's global banking infrastructure. It will also collaborate with multiple stakeholders in driving optimization of banking administration processes, and consulting on Treasury Technology Transformation.

Key Responsibilities:

Banking Partners & Bank Account Rationalisation

• Lead strategic initiative to optimise the company's banking footprint and reduce redundancy. Design and execute a multi-year roadmap for this initiative in partnership with all key stakeholders across Finance, Legal and Business Units.

Liquidity Management and Treasury Technology

• Evaluate and implement liquidity management structures such as regional cash pools, notional pooling, and/or an In-House Bank structure.
• Collaborate with Treasury Technology and other Corporate Treasury teams to continuously assess and recommend improvements to Treasury Technology.

Bank Administration Optimization

• Collaborate with Global Business Solutions Centre (GBSC) to drive process optimisation and reduce turnaround times for bank account opening, closure, mandate updates through streamlined workflows, automation and enhanced partner engagement.
• Maintain continuity in strong governance and oversight of bank administration activities like account opening and closing, signatory updates, and ongoing KYC updates, ensuring compliance with internal policies and regulatory requirements.
• Evaluate opportunities to further strengthen governance by assessing industry best practices and introducing additional KPIs and KRIs.
• Enhance review of banking portal user administration processes, including user access provisioning, modification, and deactivation. Consult with stakeholders and recommend alternates to multiple banking portals usage across the company.

All About You

• Educational qualification: MBA or Chartered Accountant; Professional certifications like CTP, ACT, CFA preferred.
• Advanced level of expertise in Treasury banking infrastructure and liquidity management gained through experiences in multinational corporates' Regional/Global Treasury centres, financial institutions or banks.
• Strong understanding of bank account administration, global cash management, liquidity structures, and bank connectivity solutions.
• Proven track record of delivering treasury transformation projects, including banking rationalization and technology transformation. Experience of TMS implementation preferred while not mandatory.
• Demonstrated ability in leading high-impact transformation initiatives with strong project management and stakeholder management skills across global and cross-functional teams.
• Team player with proven team leadership and relationship skills.
• Effective communication skills and experience of presenting complex topics (preferably in Treasury and banking domain) to senior management.
• Excellent negotiation skills and experience in managing complex banking relationships.

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.




 Apply on company website