Senior Vice President / Treasurer of Transfer Solutions, Mastercard
$220-400k
Global payments technology company
Open for applications
Global payments technology company
1001+ employees
Open for applications
$220-400k
1001+ employees
Company mission
To connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.
Role
Who you are
- Strong experience in / knowledge of cross-border payments, disbursements and remittances
- Experience in FX risk management strategies and payment solutions for mid to large corporate customers
- Knowledge of broad corporate treasury functions
- Product development or system implementation experience is a plus
- Experience engaging with regulators is a plus
- Strong leadership skills, including getting work done through others, being organizationally savvy, and provide thought leadership
- Strong negotiation and influencing skills, and proven ability to lead complex cross-functional projects
- Experience managing a global and diverse team
- Outstanding written and verbal English communication skills
- Bachelor’s degree in finance or related discipline; MBA preferred
What the job involves
- Mastercard is looking for a Senior Vice President, Treasurer of Transfer Solutions to lead the treasury group supporting its Cross-Border Services (XBS) business
- XBS enables a wide range of cross-border payment flows and use cases to customers including trade payments, remittances and disbursements
- The role consists of overseeing all treasury activities for the XBS business inclusive of FX management, settlement strategy and operations, liquidity and capital management as well as system/infrastructure development and enhancements
- This role will also be driving strategic thought leadership and synergy across recent acquisitions to support the growth and expansion of XBS business
- This senior leader will oversee a global team operating across multiple regions
- There is also significant engagement with the core corporate treasury group, particularly in the areas of foreign exchange and liquidity necessary for global money movements
- The primary responsibility is to drive innovation and continuous process and system improvements of treasury activities to enable an acceleration in XBS business growth globally with a focus on B2B and P2P
- Overseeing day-to-day treasury operations including FX trading/pricing, funding and liquidity management, and settlement operations
- Acting as the global point of contact and escalation for FX pricing and settlement matters
- Partnering with product and/or sales organizations to optimize pricing for P2P and B2B customers and expand settlement capabilities
- Developing new FX products and solutions to meet the needs of customers
- Partnering with product, legal, and regulatory to support new market entries
- Driving system/infrastructure enhancements to improve efficiency and internal controls
- Maintaining and developing relationships with settlement banks and Receive Service Providers
- Ensuring all exposures generated by treasury activities remain within the Company’s risk appetite
- Maintaining and enhancing policies and procedures for the management of XBS Treasury
- Partnering with Controllership to ensure all treasury activities are well controlled, including SOX compliance, appropriate accounting and public disclosures
- Accountability for Management, Board and external reporting on XBS Treasury activities
- Owning and managing key stakeholder relationships
Application process
- End Date: March 28, 2025
Salary benchmarks
Our take
Mastercard is in the global payments business, and operates the world's fastest payments processing network. Its products and solutions have become central to everyday commerce across the world, in activities ranging from shopping and travelling to running businesses.
As the economy has become more and more digitised, Mastercard has been a leading player in helping businesses and individuals across the globe embrace card payments and digital banking. One of the world's largest companies, its revenue has seen consistent gain in the last 20 years.
The challenge for modern payments companies is that payments are always changing, as seen in the astronomical rise of contactless payments over the last decade. Mastercard's acquisition of blockchain systems, and an overall focus on leveraging its technology towards a digital economy, has placed the company in good stead to keep up to date with current trends, like cryptocurrency, in the digitised payments world.
Steph
Company Specialist at Welcome to the Jungle
Insights
21% employee growth in 12 months
Company
Company benefits
- Gym membership
- Share purchase options
- Extra holiday purchase optional
- Work from home opportunities
- Health insurance
- Pension plan
- 25 days holiday (excl. bank holidays)
Company HQ
Purchase, Harrison, NY
Leadership
Michael Miebach
(CEO, not founder)Has served in a variety of roles at the company, including President and CPO. Currently Board Member at IBM, Accion, the World Resources Institute, the US-India Strategic Partnership Forum, and the Metropolitan Opera. They are also a Trustee of USCIB.
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