Senior Vice President of Audit, Mastercard
Vocalink Limited
End Date: May 22, 2025
Office located in Angel Lane, London
Global payments technology company
Be an early applicant
Global payments technology company
1001+ employees
Be an early applicant
End Date: May 22, 2025
Office located in Angel Lane, London
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
- Extensive experience operating effectively at/with executive levels (including Board exposure) in financial services
- Experience in a complex regulated environment with multiple stakeholders (e.g., Customers, Bank of England, external auditors)
- Trusted business partner, influencer, and advisor; experience managing regulatory expectations and developing/presenting executive and board-level reporting
- Strong people leader; demonstrated success building, motivating, and leading a team of geographically diverse audit professionals
- Excellent leadership, interpersonal communication, and stakeholder management skills
- Experienced audit professional (internal / external audit) via work experience and professional credentials (e.g., CIA, CISA, or equivalent) and/or experience working within a regulated major UK-based global organization
- Able to quickly understand and critically analyze complex processes, identify and assess potential risks, and determine whether those risks are appropriately mitigated (using various techniques, such as problem solving and data analysis)
- Committed to self-development; encourages constructive criticism, and seeks opportunities to capitalize on demonstrated strengths and to identify and address development areas
What the job involves
- The Internal Audit (IA) Department provides independent and objective assurance and advisory services to assess and enhance the effectiveness and efficiency of Mastercard’s governance, risk management and internal control processes
- The Senior Vice President, Audit of Vocalink Limited (VLL) will play a critical role in leading the IA function for VLL’s regulated business, including integrated risk assessment, planning, and audit delivery
- With respect to Vocalink, the appointed candidate will functionally report to the VLL Board Audit Committee Chair, with administrative reporting to the Chief Audit Executive for Mastercard and the VLL CEO
- Represent Internal Audit at the VLL Board Committees and the VLL Board meeting
- Support the Chair of the VLL Board Audit Committee in setting the agenda; oversee preparation of VLL IA materials
- Meet as needed with the Bank of England to discuss independent assurance findings
- Provide overall leadership of the IA team for VLL
- Drive development of risk-based global audit plan and oversee multiple concurrent audits and reviews of technology and operational areas that are complex in nature, applying sound judgment to assess the design and effectiveness of controls, processes and operations
- Deliver on time, high quality audits, reviews, and advisory projects (risk-based planning, issue and report development)
- Consult with and advise management in determining sustainable actions to remediate control issues and develop/share business insights and audit themes
- Develop and maintain standardized integrated audit programs
- Drive business engagement and risk harmonization efforts to strengthen and coordinate first, second, and third line of defense activities
- Provide risk and control advice and reporting to key stakeholders and business
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.
Share this job
View 200 more jobs at Mastercard