Our PurposeMastercard 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
Fraud Director
Overview
Mastercard Transaction Services (MTS) is an enterprise asset that enables Mastercard to offer regulated payment products through several entities that hold payment licences in a number of key locations across the world. MTS is a global business serving customers in all continents on a 24/7 basis.
The role
Business growth and new product launches mean that MTS Is now looking for a Fraud Director to develop and implement a fraud risk management framework that is immediately responsive to emerging fraud trends and minimises fraud losses.
This Role Will Be Responsible For
Development and implementation of the MTS wide fraud framework
Completion of the MTS fraud risk assessment
Collation of an MTS fraud regulatory inventory for each entity and the assessment of associated controls
Preparation of new product fraud risk assessments and the recommendation of suitable controls
Fraud system selection and management as necessary
Management of fraud incidents, identification of patterns and the rapid closure of control weaknesses identified.
Ownership and management of the MTS fraud losses budget
Analysis of significant external frauds for patterns and improvements MTS could apply. Refer relevant cases to the MLRO for possibly reporting as a SAR for AML matters
Regulatory and Industry outreach on fraud matters
All About You
You will already be an experienced fraud professional from a transactional banking background or with cross-border experience, ideally with exposure to a large global business and high-risk markets gained over a number of years.
Demonstrable experience of developing and deploying fraud frameworks, policies and procedures, together with the associated fraud management systems will be necessary to carry out this role effectively. If you are used to working in a matrix environment with multiple stakeholders this is also advantageous.
Ability to influence senior personnel and present persuasive arguments are essential skills to carry out this role effectively. effectively.
You will have experience in crypto fraud, with the ability to investigate and analyse blockchain transactions and identify illicit wallets.
You will have cyber fraud experience.
As a quick thinker, your deep subject matter knowledge will position you to identify and isolate emerging fraud patterns quickly and safely thus minimising losses for the business.
A globally recognised fraud qualification (ACFE or equivalent) is essential and you will also be educated to degree level in a relevant discipline.
Certified Fraud Examiner designation is a plus.
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.
