Mastercard Job - 49201479 | CareerArc
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Company: Mastercard
Location: Purchase, NY
Career Level: Mid-Senior Level
Industries: Banking, Insurance, Financial Services

Description

Our Purpose

We work 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. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.

Title and Summary

Manager, Corporate Treasury Overview:

The Corporate Treasury team performs all global treasury activities for Mastercard, including capital planning, foreign exchange risk management, execution of capital markets transactions, and treasury regulatory support.
The Treasury organization is also responsible for the settlement of Mastercard's central payment system, ensuring the timely and accurate completion of transactions running through the Mastercard network.

The Role:

The Manager, Corporate Treasury will be an important independent contributor with significant responsibilities supporting Mastercard's regulatory engagements including: tracking and meeting regulatory capital requirements across the Mastercard group, preparing and maintaining global capital and recovery plans, supporting internal stakeholders to interpret, communicate, and address regulatory requirements impacting Treasury and Settlement services, and coordinating responses to Treasury focused regulatory inquiries.

This is a high visibility role supporting the Treasury Regulatory Director and working closely with various teams within treasury and numerous functions including Legal, Finance, and Risk Management. The wide scope of activities makes this an ideal role for learning Mastercard Treasury and the broader corporate finance function. The role is based in Purchase, New York.
Key Responsibilities include:
• Supporting development of capital and recovery plans for Mastercard entities, as required, and maintaining and improving existing capital and recovery plans
• Supporting the tracking of global capital requirements arising from regulatory asks and actions; identifying efficient ways to meet such requirements and executing appropriately
• Acting as a Treasury and Settlement liaison in internal meetings in which regulatory developments are monitored globally
• Overseeing the timely and accurate preparation and submission of regulatory reports related to Treasury and Settlement activities, ensuring compliance with reporting requirements across jurisdictions
• Maintaining comprehensive documentation of Treasury and Settlement processes, controls, and compliance efforts, facilitating regulatory examinations, and inquiries related to global regulatory compliance
• Serving as a point of contact for regulatory inquiries, examinations, and audits related to Treasury and Settlement services and coordinating responses
• Supporting Treasury and Settlement's engagement and responses to regulators globally, by coordinating responses with subject matter experts in corporate treasury, customer risk, enterprise risk, settlement, and other Treasury functions
• Coordinating and supporting the relationship with the global Law and Franchise and Regulatory teams at Mastercard to address ongoing and ad hoc inquiries
• Coordinating across Treasury to ensure that processes and procedures in each function meet established principles for financial market infrastructures as applicable
• Supporting the Capital Planning and Analysis team with special projects as needed

All About You:
• Proven ability to define problems, collect data, establish facts, and draw valid conclusions
• Excellent analytical and problem-solving skills; highly proficient in Excel and PowerPoint
• Excellent verbal and written communication
• Strong project management skills including superior organization, planning, and follow through. Candidates will manage both projects and monthly / quarterly responsibilities
• Experience managing regulatory correspondence and developing capital and recovery plans
• Positive can-do orientation and a desire to grow professionally
• Robust understanding of core corporate finance and capital markets concepts
• Advanced degree or MBA preferred. Prior treasury experience preferred In the US, Mastercard is an inclusive Equal Employment 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. If you require accommodations or assistance to complete the online application 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 the US, the successful candidate will be offered a competitive base salary based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance), flexible spending account and health savings account, paid leaves (including 16 weeks new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 5 personal days, 10 annual paid U.S. observed holidays, 401k with a best-in-class company match, deferred compensation for eligible roles, fitness reimbursement or on-site fitness facilities, eligibility for tuition reimbursement, gender-inclusive benefits and many more.


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