Company

MasterCard

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, Open Banking, FCRA Compliance

Who is Mastercard?

Mastercard is a global technology company in the payments industry. Our mission is 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. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Overview

Leveraging Mastercard’s global payments network, our account-to-account business provides domestic and cross-border solutions to enable the frictionless future of payments. We help our customers leverage rich messaging functionality and applications to capture business and consumer payment flows both domestically and cross-border; offer solutions to connect, enable, and safeguard the Open Banking ecosystem, and protect banks and their customers from financial crime. All this is supported by account-based data insights and consulting to help our clients optimize their payment strategies across the world. The Open Banking team is looking to expand its product offering on a global basis.

At Mastercard we are committed to the highest standards of ethics and integrity. Ethics and Compliance are at the core of our company values and are essential to both the personal success of every Mastercard employee and to the success of the company. The FCRA Manager is a compliance champion with deep experience with building and supporting compliance management programs and a background in payments and financial technology. The candidate is proficient in data analysis and has an understand of Open Banking products and services.

About The Role

― Partner with the business to implement enhancements to internal systems, processes and procedures adherent to regulatory obligations for open banking products focused on payment services, financial data aggregation, and alternative consumer report data.

― Partner with Legal and Regulatory to ensure processes and procedures comply with regulatory requirements, specifically those related to Fair Credit Reporting Act (FCRA) and considering others such as UDAAP, GLBA, FFIEC standards, and industry best practices.

― Conduct risk assessments and identify acceptable levels of risk; work with stakeholders to design, document and implement controls, establish risk mitigation plans, develop key risk and performance indicators.

― Support new product development, compliance focused system and product enhancements and the implementation of key controls.

― Drive collaboration across the business, including product teams, engineering, legal and other key stakeholders.

― Oversee consumer disputes and complaints operations. Ensure prompt and adequate responses and present periodic analysis and reports and support driving enhancements based on consumer feedback.

― Identify and implement analytical tools and metrics to assess and measure risks.

― Analyze data sets and test technical development cycles to ensure that existing functionalities haven't been adversely affected.

― Preparing and presenting materials to senior leaderships for FCRA Executive Council Meeting.

― Support audit and examination responses.

Experience

― Strong knowledge of U.S. consumer protection, privacy, and data security regulations (e.g., FCRA, UDAAP, GLBA) standards, and industry best practices.

― Experience building compliance management systems, including performing compliance risk assessments, and performing compliance reviews.

― Ability to translate business requirements into non-technical, lay terms while driving process optimization and business transformation.

― Working knowledge of data preparation, data mining, predictive modeling, machine learning, statistical analysis and experience with algorithms and coding.

― High-level experience in methodologies and processes for managing large-scale databases.

― Creative thinker able to support innovation while still managing risk and managing conflicting projects and priorities.

― Ability to analyze existing tools and databases and provide solution recommendations.

― Strong analytic capabilities and written and oral communication skills.

All About You

― Bachelor’s degree is required

― CRCM certification preferred

― Location: Salt Lake City, Utah

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

Responsibilities

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.

Pay Ranges

Identifier

e16ee70b3f6eea69c45e2b9b1d03d3ac