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Manager, Sourcing and Supplier Management, Third Party Risk
MasterCard
Purchase, NY, United States
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Who is Mastercard?
We are the global technology company behind the world’s fastest payments processing network. We are a vehicle for commerce, a connection to financial systems for the previously excluded, a technology innovation lab, and the home of Priceless®. We ensure every employee has the opportunity to be a part of something bigger and to change lives. We believe as our company grows, so should you. We believe in connecting everyone to endless, priceless possibilities.
Manager, Sourcing & Supplier Management, Third Party Risk
Overview:
This role supports the Global Third Party Risk Management Program framework and ensures robust validation and ongoing monitoring processes are practiced for a portfolio of Third Parties. Through collaboration with business owners, business leaders, external Third Parties and internal subject matter experts (i.e. Corporate Security, Compliance, Legal, Privacy, etc.), the incumbent enables and advances program objectives by balancing business needs, protecting Mastercard and promoting high internal quality standards and controls for third party relationships.
• Do you have an eye for identifying control deficiencies and or risks?
• Have you ever proactively identified and solved complex problems that could impact a company’s reputation and or customer relationships?
• Have you ever conducted onsite or contractual audits with various internal and external stakeholders?
Role:
• Provide consulting, guidance and education on third party governance, oversight and risk mitigation approaches throughout the third party lifecycle to business operations, key stakeholders and team members.
• Establish and maintain risk profile reporting accuracy, consistency, data integrity and creation/distribution of dashboards and reports to key stakeholders, as defined.
• In partnership with internal stakeholders; lead the development of ongoing monitoring activities and protocols for Third Party relationships to sustain transparency into residual risks throughout the lifecycle.
• Validates and monitor third party controls and contractual adherence through the harmonization of periodic remote and on-site visits, with key third parties, to ensure exposures are accurately measured, reported and managed.
• Escalate material issues to appropriate subject matter experts (i.e. Corporate Security, Compliance, Legal, etc.) and business leadership to develop appropriate treatment plan to mitigate critical risks and monitor to completion.
All About You:
• Excellent strategic thinking and analysis skills to drive predictive modeling and solutions that decrease the likelihood of a risk event.
• Demonstrated success in leading the development, implementation and sustainability of third party risk identification, treatment plans and ongoing monitoring protocols within a high performance risk management, vendor management, audit, compliance and/or sourcing team.
• Established ability to lead collaborative problem solving initiatives associated with residual risk concerns.
• Experience in predictive modeling, utilizing dashboard reporting, industry information, monitoring data and metrics.
• Ability to perform remote & onsite evaluations and contractual audits.
• Ability to adapt to change quickly, work comfortably with ambiguity, and manage multiple tasks successfully.
• Demonstrated strong customer focus and presence.
• Effective communication skills across all lines of defense at various levels.
• Demonstrated ability to manage and grow internal and external cross functional relationships and partnerships.
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.