Vice President, Regulatory Relations & Market Compliance - NAM Job Listing at Mastercard in O'Fallon, MO (Job ID R-248447)

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

Vice President, Regulatory Relations & Market Compliance - NAM Overview
• Regulator/Customer Engagement/Support Framework
• Manage team and oversee development, maintenance and execution against a single, standard engagement and assurance delivery model and drive expanded adoption across business products/services and markets
• Oversee maintenance of centralized inventory of customer and regulator technology and security risk management requirements and assurance expectations
• Oversee standardization and centralization of operational / tech requirements, artifacts and compliance documentation
• Support Market, Technology and Product Risk Leads understand and use of standard engagement framework
• Communicate best practices and leverage trend analysis to develop business and cross-functional strategies around managing obligations in a consultative manner
• Assist in identifying risk and compliance trends and potential red flags, including exception and escalation awareness
• Monitor business, market and regulatory landscape to identify required standards, policy requirements and potential implications to company
Regulator and Customer Technology Support
• Manage Regulator and Customer Support team, provide oversight and SME support, along with driving consistency in our support model
• Manage customer and regulatory technology and security examinations (e.g., on-site, virtual); provide documentation and evidence to demonstrate how Mastercard satisfies obligations and commitments
• Translate regulatory and customer expectations to Mastercard technology and security standards and associated control requirements to support assurance assessments
• Oversee customer and regulatory inquiries and requests for information/questionnaires which includes the mapping of customer control domains to Mastercard controls
• Facilitate periodic customer and regulator meetings and reporting
• Advise business owners on analysis of business and functional requirements resulting from regulation and customer contracts; and help identify technology and security risk and governance solutions
• Identify, analyze and report regulator and customer examination findings and trends to internal stakeholders for action/follow-up
Relationship Management/Partner
• Partner with Regulatory Compliance in identification and response to evolving or new regulatory requirements
• Partner with the Product Managers, Technology Account Managers and Customer Account Managers in the negotiation strategy for customer risk assessments and other audit requirements
• Assist in assessment of risks related to newly acquired entities and critical third-party relationships
Experience
• Degree in technology, information systems management, information security management, security policy or related program desired, but not required
• IT certification(s) a plus
• Knowledge of Risk and Control Framework standards such as SOC 1, SOC 2, PCI-DDS, ISO
• Knowledge of regulatory technology and security risk management expectations
• Knowledge of current and emerging technologies and potential for exploitation
• Familiarity with risk management processes (e.g., methods for assessing and mitigating risk)
• Knowledge of laws, regulations, policies, and ethics as they relate to cybersecurity and IT management (e.g., GDPR, FBA, CBA, PFMI, FFIEC, etc.)
• Strong IT technical knowledge
• Experience collaborating cross-functionally, geographically to identify and implement best practice risk processes
• Excellent writing and communication skills
• Systematic problem-solving approach, coupled with strong communication skills and a sense of ownership and drive
• Project Management Skills
• Knowledge of Mastercard products and technology, security and other risk management programs and practices desired, not required 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 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.

Pay Ranges

O'Fallon, Missouri: $170,000 - $263,000 USD

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