Vice President, Governance, Risk & Compliance Controls

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, Governance, Risk & Compliance Controls Position Summary The Vice President, Governance, Risk & Compliance Controls is a senior leadership role responsible for designing, executing, and overseeing integrated governance, risk, and compliance (GRC) control frameworks to ensure Mastercard Transaction Services meets global regulatory, operational, and enterprise risk obligations. This role provides strategic direction and oversight of governance structures, risk frameworks, compliance controls, and reporting mechanisms across global markets, with particular emphasis on payments environments, including fiat and digital currency ecosystems, payment schemes, and clearing and settlement infrastructures. Key Responsibilities • Lead governance, risk, and compliance controls program for Mastercard Transaction Services, ensuring alignment with global regulatory expectations and Mastercard corporate governance frameworks. • Design, implement, and continuously enhance governance and risk control frameworks covering financial crimes compliance across global payments businesses. • Provide senior level oversight of compliance and risk controls supporting fiat currency payment schemes, digital payment platforms, and emerging digital asset and tokenized value propositions, ensuring safe, sound, and compliant operations. • Serve as senior governance and controls lead for regulatory engagement with U.S. and international supervisory authorities, including central banks, payment regulators, and prudential supervisors. • Oversee governance and controls related to regulatory change management, including implementation of new or evolving payments, and digital currency regulatory requirements across jurisdictions. • Ensure continuous regulatory exam, audit, and supervisory readiness through robust governance documentation, control testing, issue management, and management reporting. • Partner with product, technology, and business leaders to embed governance, risk, and compliance controls into new products, payment schemes, digital currency initiatives, and global market expansions. • Provide thought leadership on governance and risk trends affecting payments, and digital currency ecosystems, influencing strategic decision making at the executive level. Required Qualifications • Experience in governance, risk management, compliance, or audit within global banking, payments, or other highly regulated financial services environments. • Demonstrated expertise in designing and operating GRC control frameworks, including regulatory compliance controls, risk assessments, issue management, and governance reporting in complex global organizations. • Strong knowledge of global regulatory expectations impacting payments, including payment schemes, operational resilience, third party risk, data governance, and financial crime risk. • Experience covering both fiat currency payment systems and digital payment or digital currency models, including regulated digital assets or tokenized value where applicable. • Proven ability to lead senior level stakeholder engagement and communicate effectively with regulators, executive leadership, and Boards. Preferred Qualifications • Direct experience engaging with U.S. and international financial market regulators. • Background in global payments networks, financial institutions, clearing and settlement systems, or regulated financial technology platforms. • Experience supporting governance and controls for digital payment innovation, digital currencies, or next generation payment schemes. • Advanced degree or relevant professional certifications (e.g., CRCM, CCEP, CAMS, FRM). Reporting Structure This role reports to the Senior Vice President, Compliance, Mastercard Transaction Services. 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. Everyone wants easier ways to pay; we invent them. Checkout lines are slow; we speed them along. Merchants want more sales; we give them data and insights. People need financial access; we connect them. Corporate purchasing is complicated; we make it simple. Commuters are busy; we speed them on their way. Governments need greater efficiencies; we help create them. Small businesses are virtual; we give them access to a world of buyers. Retailers want to fight fraud; we provide the tools.