Who you are

- Experience in enterprise, strategic, operational, technology, financial or related risk disciplines within a regulated organization

- Demonstrated ability to build or enhance risk frameworks, governance, risk assessments, reporting and escalation processes

- Strong understanding of Second Line oversight, independent challenge, risk appetite and the Three Lines of Defense model

- Experience supporting digital assets, payments, fintech, new business models, acquisitions or complex transformation programs

- Ability to translate strategy, risk issues and integration commitments into practical plans with clear ownership and timelines

- Strong judgment and ability to balance business growth, innovation and risk management

- Ability to simplify complex issues and prepare explicit, decision-oriented materials for senior stakeholders

- Strong stakeholder management and ability to influence across functions and organizational boundaries

- Comfortable operating in ambiguity, establishing structure and driving execution

- Curiosity about digital assets, stablecoins and the future of money movement

What the job involves

- The Digital Asset Risk & Compliance team is looking for a Director, Digital Asset Risk Management to help build and operate Mastercard’s Second Line risk management capabilities for digital assets
- The role will establish a consistent approach to identifying, assessing, monitoring and reporting risks across Mastercard’s digital asset strategy, products and operations
- The Director will also support BVNK’s integration into Mastercard by aligning risk frameworks, governance, reporting and accountability while preserving the ability of the business to grow and innovate

- Build and operate the Digital Asset Risk Management framework, including risk identification, assessment, appetite, monitoring, reporting and escalation

- Maintain an enterprise view of material risks across Mastercard’s digital asset strategy, products, markets and operating model





- Lead risk assessments of new and existing digital asset products, initiatives and business models

- Provide independent challenge on material risk decisions, control gaps, risk acceptances and emerging risks

- Translate Mastercard’s risk appetite and ERM standards into practical requirements for digital asset activities

- Review credit exposure assessments, risk ratings, portfolio metrics, credit limit utilization and risk reporting for alignment with policy, risk appetite and established thresholds

- Challenge the adequacy of First Line controls for settlement exposure (including intraday and prefunding risk), liquidity provider and banking partner exposure, and credit risk mitigants

- Support the build-out of the Digital Asset Risk & Compliance function, including financial risk frameworks, governance, reporting, and operating routines

- Establish governance and reporting routines that provide management with a clear view of risks, decisions, dependencies and required actions

- Prepare concise, decision-oriented materials for senior management, governance forums, audit and regulatory review

- Partner with Product, Technology, Finance, Treasury, Legal, Compliance and specialist Risk teams to ensure risks are appropriately owned and managed

- Support business growth by developing practical guardrails and ensuring Risk is engaged early in strategic and product decisions

- Identify emerging digital asset risks and assess their implications for Mastercard’s strategy and operating model

- Support BVNK’s integration into Mastercard’s ERM framework, risk appetite, governance and Three Lines of Defense model

- Lead risk gap assessments and develop proportionate plans to address identified gaps

- Track due diligence commitments, emerging integration risks and remediation actions through completion

- Clarify risk ownership, decision rights, escalation pathways and integration dependencies

- Represent Digital Asset Risk & Compliance in relevant integration and governance forums

The application process

- End Date: November 13, 2026

📌 Director of Risk Management (Toronto)
🏢 Mastercard
📍 Toronto