Vice President, Technology Risk Management
About the job
- A degree in technology, information systems management, information security management, security policy, or a related program is preferred but not required.
- IT certifications such as Certified Information Systems Security Professional, Certified Information Systems Auditor, or Certified in Risk and Information Systems Control are preferred.
- Familiarity with industry frameworks such as National Institute of Standards and Technology, ISO 27001, Sarbanes-Oxley, Service Organization Control 1 and 2, Payment Card Industry, Cyber Resilience Institute, or Unified Compliance Framework is preferred.
- Strong knowledge of regulatory technology and security risk management expectations.
- Expertise in current and emerging technologies and their potential for exploitation.
- Knowledge of business unit risk and control frameworks, including oversight and governance of control testing activities to support compliance, risk management, and continuous improvement.
- Familiarity with laws, regulations, policies, and ethics as they relate to cybersecurity and information technology management, including GDPR, FBA, CBA, and CROE.
- Project management expertise, including planning, prioritization, stakeholder management, risk mitigation, resource coordination, and delivery of complex initiatives.
- Experience collaborating cross-functionally and geographically to identify and implement best-practice assurance and compliance processes.
- A systematic problem-solving approach, strong communication skills, and a sense of ownership and drive.
- Proven success navigating multinational organizations and operating effectively within a diverse multicultural organization.
- Responsibility for abiding by Mastercard security policies and practices, ensuring confidentiality and integrity of accessed information, reporting suspected information security violations or breaches, and completing mandatory security training.
- Lead the planning, execution, reporting, and continuous improvement of Mastercard’s technology control testing methodology.
- Align strategic and tactical objectives across Technology Risk and Controls Governance to enable effective implementation of technology risk and controls management capabilities across Mastercard organizations that manage technology assets.
- Develop and maintain risk-based testing methodologies, including testing frequencies, control inventories, testing priorities, and standardized approaches for mergers and acquisitions and directly regulated entities.
- Serve as a strategic partner to business owners and stakeholders by providing guidance on control design, remediation, testing prioritization, and technology integration within existing frameworks.
- Partner with Technology, Risk, Second Line of Defense, and Regulatory teams to enhance testing processes, align executive expectations, and drive complex cross-functional risk initiatives.
- Assist in standardizing control management practices for integration entities, including mergers and acquisitions and directly regulated entities, while managing variances from business-as-usual processes.
- Establish and oversee the integration of controls into emerging technologies while streamlining testing procedures, evidence requirements, sampling methodologies, and scalable business processes.
- Drive standardization, automation, artificial intelligence, analytics, and process optimization to enhance control effectiveness, compliance, auditability, and operational efficiency.
- Analyze federated testing priorities, identify testing synergies, and develop executive reporting and presentations on program progress.
- Provide guidance to First and Second Line of Defense stakeholders to inform testing decisions, connect control testing results to emerging risk themes, and communicate key insights to leadership and governance forums.
- Develop and maintain consolidated reporting, metrics, and continuous maturity assessments to measure program effectiveness and support strategic decision-making.
- Support audits, regulatory examinations, and assurance activities through reporting, documentation, consolidated metrics, and presentations of progress and results.
- Manage collaborative relationships across the organization and influence the ongoing maturity of Mastercard’s technology risk and control environment.
- A degree in technology, information systems management, information security management, security policy, or a related program.
- IT certifications such as Certified Information Systems Security Professional, Certified Information Systems Auditor, or Certified in Risk and Information Systems Control.
- Familiarity with industry frameworks such as National Institute of Standards and Technology, ISO 27001, Sarbanes-Oxley, Service Organization Control 1 and 2, Payment Card Industry, Cyber Resilience Institute, or Unified Compliance Framework.
About the company
Mastercard operates a global payments network that enables people and businesses to pay with cards and digital methods. Banks issue Mastercard-branded debit and credit cards, and Mastercard’s network authorizes transactions, clears them between banks, and settles funds, allowing merchants to receive payments securely and quickly. The company differentiates itself by leveraging a worldwide alliance of banks and merchants, transitioning from a cooperative of banks to a publicly traded company via its 2006 IPO, and continuously expanding its reach through partnerships and new payment technologies. Mastercard’s goal is to provide fast, secure, and convenient cross-border payment services and to grow its share of the global payments market by enabling merchants and customers to transact smoothly anywhere in the world.
Company Size
11-50
Company Stage
IPO
Headquarters
Town of Harrison, New York
Founded
2007
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Simplify's Take
What believers are saying
- June 2026 stablecoin settlement supports cross-border B2B payments, payouts, and treasury flows.
- Advanced B2B Analytics targets supplier card acceptance at Absa Group and Emirates NBD.
- AI verification tools and Agent Pay create new fraud-defense revenue tied to shopping agents.
What critics are saying
- Mastercard agreed to pay $78.7 million in the September 2026 ATM-fee settlement.
- January 2026 layoffs hit 4% of staff after a $200 million restructuring charge.
- Visa and domestic payment systems pressure Mastercard's network tolls, especially in UAE and India.
What makes Mastercard unique
- Mastercard's June 2026 stablecoin settlement expansion links fiat and on-chain rails globally.
- Mastercard completed BVNK acquisition on August 3, 2026, strengthening digital-asset interoperability.
- Mastercard Agent Pay and Denmark's September 2026 purchase prove controlled AI-agent checkout.
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Benefits
New Parent Leave
Inclusive Family Building Benefit
Employee Family Resource Program
Bereavement Leave
Dependent Scholarship
Employee Assitance Fund
Business Resource Groups
Employee Recognition
Flexible Work
Tuition Assistance
Travel Assistance
Matching Charitable Gifts
Company News
Mastercard introduced tools to evaluate AI-driven purchases, with shares falling 0.86% to $558.71. The services assess identity, purchase intent, behaviour and fraud signals to verify whether shopping agents have permission to spend users' money. The first US service estimates the likelihood an AI agent initiated a transaction. Mastercard projects one in ten consumers could routinely use shopping agents by 2030, potentially widening demand for verification services. Shares currently trade 18.6% below the $686.34 GF Value estimate. The tools could help issuers distinguish authorised purchases from impersonation, but commercial success depends on consumer adoption of shopping agents, customer willingness to pay for verification, and measurable fraud reductions.
Mastercard partners with Mojaloop and AfricaNenda on trusted payments to bolster the instant economy across Africa. * Payments * 30.09.2026 09:03 am As countries across Africa continue to modernize their payment infrastructure, Mastercard is expanding its efforts to help build trusted and inclusive payment systems through strategic collaborations with The Mojaloop Foundation and AfricaNenda Foundation. Africa now has 36 live instant payment systems across 31 countries, processing more than 64 billion transactions worth close to US$2 trillion in 2024 alone1. As account-to-account payments continue to grow, the new partnerships will help to strengthen local payments infrastructure enabling consumers and businesses to transact safely and confidently, fuelling economic growth across the continent. Through a new collaboration with The Mojaloop Foundation, a non-profit that maintains free, open-source payments software and community infrastructure, Mastercard will explore how its AI-powered A2A Protect solution can complement Mojaloop's, payment infrastructure to help strengthen fraud prevention and deliver end to end consumer protections that more closely mirror the safeguards consumers have come to expect from cards. Bringing together real time risk scoring, mule account intelligence and dispute resolution services in a single framework, Mastercard A2A Protect is one of the industry's most comprehensive solutions for account to account payment protection, helping financial institutions combat fraud whilst fostering trust and accelerating the adoption of instant payments at scale. With 15% of adults encountering a scam every day2, the initiative aims to support governments and financial providers as they expand access to digital financial services while maintaining the trust, resilience and security required to keep pace with growing demand. Mojaloop's technology has already been used to roll out deployments across Africa3, where Mojaloop has supported the development of interoperable payment infrastructure. Mastercard has also partnered with AfricaNenda Foundation, an Africa-based non-profit dedicated to accelerating financial inclusion through inclusive instant-payment systems. By combining Mastercard's real-time payments expertise with AfricaNenda's regional policy engagement and governance support, the organizations are helping advance interoperable, trusted and resilient payment systems across the continent, helping bring more people, businesses and communities into the digital economy. Mastercard's work with Mojaloop and AfricaNenda reflects a shared ambition - to help shape the future of Africa's digital economy through instant payment systems that are not only fast and interoperable, but also safe, inclusive, and trusted. Johan Gerber, Executive Vice President, Payment Networks said: "Trust is the foundation of every successful digital economy. As account-to-account payments accelerate across Africa, consumers and businesses need the confidence that their money is protected and supported when something goes wrong. We're excited to work with Mojaloop and AfricaNenda to bring our A2A expertise and enhanced consumer protections to help unlock Africa's instant payments future." Jean Bosco Iyacu, Chief Executive Officer, The Mojaloop Foundation commented: "Mojaloop provides free, open-source payment infrastructure that enables countries to deploy instant payment systems quickly and cost-effectively. Financial IT is seeing first-hand how these systems are transforming the way consumers in underbanked communities move money, but adoption depends on trust and strong protection when it is needed. Mastercard's fraud prevention and dispute resolution capabilities can strengthen protection and give consumers greater confidence in using digital payments. By adding these options alongside open source solutions to its framework, and with the continued support of its partners and community, Financial IT is helping make financial inclusion across Africa a reality.
Mastercard enhances business transactions through ai-driven analytics solution. September 30, 2026 3 minutes read Mastercard enhances B2B payments with advanced ai-powered analytics solution. In a notable advancement aimed at transforming the landscape of commercial payments, Mastercard has unveiled its latest innovation: the Mastercard Advanced B2B Analytics. This solution is tailored specifically for banks and corporations, addressing a longstanding issue in the financial sector - the complexities surrounding supplier payments. Recognizing that efficient payment systems are critical for businesses, the Mastercard Advanced B2B Analytics platform leverages artificial intelligence to deliver actionable insights that can significantly streamline payment processes. Understanding the need for enhanced payment solutions. In recent years, the business world has seen a dramatic shift towards digitization and automation. Companies are increasingly reliant on seamless payment systems to maintain their competitiveness in a rapidly evolving market. However, one of the most persistent challenges faced by financial institutions and corporate entities revolves around managing supplier payments efficiently. From incorrect billing to delayed transactions, the pain points are numerous, hampering operational efficiency and impacting cash flow. Through the introduction of their new analytics platform, Mastercard seeks to mitigate these difficulties by equipping users with the tools to capture and analyze transaction data in real time. The functionality of Mastercard Advanced B2B Analytics. The Mastercard Advanced B2B Analytics is more than just a tool; it represents a fundamental shift in how organizations can conceptualize and execute supplier payments. By utilizing an AI-driven approach, this platform empowers issuers to easily track and manage commercial card spend at scale. This means that businesses can not only streamline their payment processes but also tap into additional revenue streams by optimizing their transactional strategies. Key features of the platform include dynamic data visualization and real-time analytics that enable businesses to identify their spending patterns and supplier behaviors seamlessly. This insight is invaluable, allowing organizations to uncover opportunities for enhancing their working capital. By providing accurate and timely insights, Mastercard enhances the ability of financial institutions to support their corporate clients in optimizing their cash flow and payment strategies. Driving revenue and strategic opportunities. The significant value of Mastercard Advanced B2B Analytics lies in its dual functionality: driving commercial card adoption while simultaneously capturing revenue from increased transaction volumes. As companies navigate through economic uncertainties, having a robust framework for managing supplier payments provides essential stability. Moreover, the platform also helps businesses uncover strategic opportunities by analyzing supplier relationships. By understanding payment behaviors and timing, companies can make informed decisions on negotiating terms and optimizing vendor agreements. This sophistication in analytics could well serve as a competitive advantage for corporations operating in various sectors. The larger implications for global commerce. The introduction of advanced analytics in B2B payments comes at a crucial time when businesses are seeking greater efficiency and transparency within their financial transactions. As global supply chains continue to evolve, the ability to foresee trends and react promptly to market shifts is invaluable. The Mastercard Advanced B2B Analytics platform positions itself at the intersection of technology and finance, illustrating how innovative solutions can reshape traditional banking paradigms. Additionally, as more companies adopt digital solutions and move away from cash-based transactions, platforms such as Mastercard's not only capture and leverage transaction data but also encourage a cultural shift toward digital finance. This evolution aligns with broader global trends emphasizing sustainability and efficiency in business operations - trends that Mastercard is keen to support. Conclusion. In conclusion, Mastercard's launch of the Advanced B2B Analytics platform signifies a transformative leap in the domain of commercial payments. By leveraging cutting-edge technology and artificial intelligence, Mastercard is not just addressing a pressing industry challenge; it is equipping businesses with the tools necessary to thrive in a complex global marketplace. As companies continue to seek innovative ways to streamline operations and enhance cash flow management, solutions like these will undoubtedly play an integral role in shaping the future of financial transactions.
Mastercard Incorporated (NYSE:MA) stock has consensus target price of $666.64. Mastercard Incorporated (NYSE:MA - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the thirty-four brokerages that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, thirty have given a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $680.00. A number of equities analysts have commented on MA shares. UBS Group upped their price objective on shares of Mastercard from $640.00 to $670.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. President Capital lifted their target price on shares of Mastercard from $693.00 to $729.00 and gave the company a "buy" rating in a report on Monday, August 17th. KeyCorp increased their price target on shares of Mastercard from $670.00 to $680.00 and gave the stock an "overweight" rating in a report on Friday, July 31st. Evercore raised their price objective on shares of Mastercard from $550.00 to $620.00 in a research report on Friday, July 31st. Finally, TD Cowen lifted their price objective on Mastercard from $664.00 to $667.00 and gave the company a "buy" rating in a report on Friday, July 31st. More Mastercard news. Discover more Mobile App Access Online News Archive Business News Here are the key news stories impacting Mastercard this week: * Mastercard is targeting the approximately $80 trillion commercial-payments market, making business-to-business transactions a significant potential growth avenue as the company broadens beyond traditional card payments. * Mastercard is expanding its small- and medium-sized business strategy in India, where rising digital-payment adoption and the One Credential product could simplify payments and deepen customer relationships. * Management says Mastercard is positioned to process nearly all UAE debit payments despite the growth of domestic payment systems, easing concerns that national payment networks could displace its business. * Research indicates UAE small businesses are among global leaders in stablecoin and digital-asset payments, supporting Mastercard's efforts to participate in emerging payment rails. * Analysts remain constructive on Mastercard's long-term outlook, citing growth in value-added services, AI, digital wallets and stablecoin settlement. * Mastercard's Agent Pay completed Denmark's first AI-agent purchase with user consent, but undisclosed transaction economics leave questions about the eventual revenue and margin opportunity. * New research coverage highlights Mastercard's position in payments, although the report provides limited new company-specific information. * A $168 million Visa and Mastercard ATM-fee settlement could create a limited financial and reputational overhang, though the direct effect on Mastercard's earnings is unclear. Insiders place their bets. In other news, CEO Michael Miebach sold 15,372 shares of the firm's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $575.00, for a total value of $8,838,900.00. Following the completion of the sale, the chief executive officer directly owned 93,693 shares of the company's stock, valued at $53,873,475. This trade represents a 14.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Raj Seshadri sold 1,977 shares of Mastercard stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $529.73, for a total value of $1,047,276.21. Following the completion of the sale, the insider owned 16,429 shares in the company, valued at approximately $8,702,934.17. This trade represents a 10.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 74,623 shares of company stock worth $42,544,606. Corporate insiders own 0.09% of the company's stock. Institutional investors weigh in on Mastercard. Several institutional investors have recently made changes to their positions in the stock. Border to Coast Pensions Partnership Ltd boosted its holdings in shares of Mastercard by 7.3% during the first quarter. Border to Coast Pensions Partnership Ltd now owns 139,844 shares of the credit services provider's stock worth $70,089,000 after purchasing an additional 9,504 shares during the period. Marble Wealth LLC acquired a new position in Mastercard in the 4th quarter valued at approximately $1,328,000. Charles Lim Capital Ltd purchased a new stake in Mastercard in the 4th quarter worth approximately $15,699,000. Gamco Investors INC. ET AL lifted its position in Mastercard by 5.4% in the 1st quarter. Gamco Investors INC. ET AL now owns 28,205 shares of the credit services provider's stock worth $14,093,000 after buying an additional 1,434 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Mastercard by 105.1% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 12,834 shares of the credit services provider's stock valued at $6,412,000 after buying an additional 6,576 shares during the period. 97.28% of the stock is currently owned by hedge funds and other institutional investors. Mastercard trading up 0.2%. NYSE:MA opened at $569.02 on Tuesday. Mastercard has a 12-month low of $464.52 and a 12-month high of $601.23. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96. The stock's 50 day simple moving average is $569.96 and its 200-day simple moving average is $527.18. The firm has a market cap of $498.46 billion, a P/E ratio of 31.30, a PEG ratio of 1.62 and a beta of 0.74. Mastercard (NYSE:MA - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, topping the consensus estimate of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The firm had revenue of $9.28 billion during the quarter, compared to the consensus estimate of $9.08 billion. During the same period last year, the company earned $4.15 earnings per share. The company's revenue for the quarter was up 14.1% on a year-over-year basis. Equities analysts anticipate that Mastercard will post 19.9 EPS for the current year. About Mastercard. Mastercard Incorporated (NYSE: MA) is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates the authorization, clearing and settlement of electronic payment transactions, while generally not issuing cards or extending credit itself. Its network supports payments made in stores, online and through mobile devices. Mastercard's products and services include consumer and commercial payment cards, digital payment solutions, payment processing, fraud prevention, cybersecurity, identity verification, data and analytics, and open banking tools. Receive News & Ratings for Mastercard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastercard and related companies with MarketBeat.com's FREE daily email newsletter.
Mastercard introduces AI tool to identify suppliers likely to accept card payments. Banks can use accounts payable data to decide which suppliers to approach about card payments. Get the hottest Fintech Singapore News once a month in your Inbox Mastercard has introduced Advanced B2B Analytics to help banks find suppliers more likely to accept card payments. The platform analyses corporate accounts payable data and uses AI to score suppliers by their likelihood of accepting cards. Interactive dashboards help banks and their clients review payment activity and decide which suppliers to approach. Mastercard is targeting a common difficulty in business payments: banks and corporate buyers may have the data to identify card payment opportunities, but it is often spread across different systems or handled through manual processes. The company also offers support from its Advisors & Transformation team to help banks prioritise suppliers and plan outreach. For corporate clients, the aim is to move more eligible supplier payments onto commercial cards, including virtual cards. Mastercard expects greater visibility into those payments to help businesses manage working capital, although it has not provided results showing the platform's impact. Absa Group and Emirates NBD are among the first financial institutions offering Advanced B2B Analytics to corporate clients. They will use its insights to identify suppliers that may accept cards. "Businesses today are sitting on vast amounts of payment data, but too often it remains fragmented and underutilised. With Advanced B2B Analytics, we're combining powerful insights with our deep commercial payments expertise to help issuers identify where card acceptance can deliver the greatest value, engage suppliers more effectively and drive measurable growth." said Marc Pettican, Global Head of Corporate Solutions at Mastercard. Mastercard plans to extend its payment insights to suppliers and payment acquirers, but has not given a timeline. Featured image: Edited by Fintech News Singapore, based on image by mumemories via Magnific