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Treasurer of Transfer Solutions-R-242693

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 SummaryTreasurer of Transfer SolutionsOverviewMastercard 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.RoleThe 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. This Includes, But Is Not Limited To• 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.All About You• 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 preferredCompensation Range: $220,000-$400,000 USDMastercard is a merit-based, inclusive, equal 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. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment 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 ResponsibilityAll 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.In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance), flexible spending account and health savings account, paid leaves (including 16 weeks new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 5 personal days, 10 annual paid U.S. observed holidays, 401k with a best-in-class company match, deferred compensation for eligible roles, fitness reimbursement or on-site fitness facilities, eligibility for tuition reimbursement, gender-inclusive benefits and many more.R-242693
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What You Should Know About Treasurer of Transfer Solutions-R-242693, Mastercard

At Mastercard, we're on a mission to power economies and empower people across the globe. We're currently searching for a dynamic and experienced Treasurer of Transfer Solutions to join our team in New York, NY. As the Senior Vice President and leader of our treasury group for the Cross-Border Services (XBS) business, you'll be at the helm of managing all treasury operations related to innovative payment solutions like trade payments, remittances, and disbursements. Your role will involve overseeing day-to-day treasury activities, ensuring effective FX management, and developing strategic initiatives that drive growth within the XBS domain. You'll collaborate closely with various departments to enhance pricing strategies and expand our settlement capabilities for both business-to-business (B2B) and person-to-person (P2P) transactions. Your expertise in cross-border payments, along with your strong leadership and negotiation skills, will be crucial in guiding a global team to achieve excellence in treasury operations. You'll also play a pivotal role in navigating regulatory environments, developing new FX products, and enhancing our systems for optimal internal controls. If you're passionate about driving innovation and fostering a sustainable economy, this is the place for you! Join us at Mastercard, where your impact will be felt worldwide.

Frequently Asked Questions (FAQs) for Treasurer of Transfer Solutions-R-242693 Role at Mastercard
What are the key responsibilities of a Treasurer of Transfer Solutions at Mastercard?

As the Treasurer of Transfer Solutions at Mastercard, your primary responsibilities will include overseeing day-to-day treasury operations such as FX trading, liquidity management, and settlement operations. You will also partner with product and sales teams to optimize pricing for P2P and B2B customers, while developing new FX products and solutions. Additionally, you will ensure compliance with regulations, manage relationships with settlement banks, and drive system enhancements to improve efficiency across the treasury activities.

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What qualifications are needed to apply for the Treasurer of Transfer Solutions position at Mastercard?

To qualify for the Treasurer of Transfer Solutions role at Mastercard, candidates should possess a Bachelor’s degree in finance or a related discipline, with an MBA preferred. Strong background knowledge in cross-border payments, FX risk management, and corporate treasury functions is essential. Leadership experience managing global teams, as well as outstanding communication and negotiation skills, will greatly benefit applicants for this position.

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How does the Treasurer of Transfer Solutions role contribute to Mastercard's growth?

The Treasurer of Transfer Solutions plays a vital role in Mastercard's growth by driving innovation and improving treasury processes. This position directly supports the expansion of the Cross-Border Services (XBS) business, focusing on developing effective payment solutions, enhancing settlement capabilities, and optimizing operational efficiencies. By overseeing treasury activities and ensuring alignment with corporate strategies, you will help Mastercard achieve its objective of creating a sustainable economy.

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Can you describe the team structure for the Treasurer of Transfer Solutions at Mastercard?

In the role of Treasurer of Transfer Solutions at Mastercard, you will oversee a global team operating across multiple regions. This diverse group will work collaboratively to address treasury operations, manage liquidity and capital, and develop FX strategies. You will engage with various internal departments, including product, legal, and regulatory, ensuring effective communication and teamwork to support the broader goals of the Cross-Border Services business.

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What is the compensation range for the Treasurer of Transfer Solutions position at Mastercard?

The compensation range for the Treasurer of Transfer Solutions position at Mastercard is between $220,000 and $400,000 USD, depending on the candidate's experience and qualifications. In addition to a competitive salary, successful candidates may be eligible for an annual bonus and an extensive benefits package that includes various health insurances, paid leaves, and a robust 401k plan.

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Common Interview Questions for Treasurer of Transfer Solutions-R-242693
What experience do you have with FX risk management strategies?

In answering this question, highlight your hands-on experience in developing and implementing FX risk management strategies. Discuss specific scenarios where you identified risks and applied solutions to mitigate them, showcasing your expertise in managing exposures effectively.

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Can you provide an example of a complex cross-functional project you've led?

When responding to this question, share a detailed example of a complex project where you led multiple teams to achieve a common goal. Focus on the challenges faced, the strategies you employed to overcome them, and the positive outcomes that resulted from your leadership.

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How do you ensure compliance with corporate treasury policies?

Describe your approach to ensuring compliance with corporate treasury policies by discussing your familiarity with relevant regulations and internal guidelines. Highlight any experience you have in conducting audits or implementing controls that foster compliance within treasury operations.

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What strategies do you use to maintain relationships with settlement banks?

In your answer, discuss the importance of building solid relationships with settlement banks. Mention specific strategies you use, such as regular communication, understanding their services, and engaging in collaborative discussions to enhance mutual benefits.

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How do you approach developing new FX products?

To address this question effectively, explain your process for identifying customer needs and market opportunities. Discuss any methodologies you apply for product development, including collaboration with cross-functional teams and utilizing market data to guide product creation.

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How would you handle a liquidity crisis?

Discuss your crisis management skills and provide a thought-out approach to handling liquidity issues. Include specific actions you would take, such as assessing cash flows, evaluating funding sources, and communicating transparently with stakeholders.

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What tools or systems have you used for treasury operations?

Mention specific treasury management systems or software you are familiar with and how you have utilized them to improve efficiency in operations. Discuss how your experience with technology enhances your ability to manage treasury activities effectively.

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How do you prioritize tasks in a fast-paced environment?

Describe your task management strategies when working in a fast-paced environment. Discuss the methods you use to prioritize work, such as assessing urgency, collaborating with teams, and setting clear deadlines to ensure that essential activities are addressed efficiently.

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What are your methods for evaluating the success of treasury initiatives?

Explain how you measure success through key performance indicators (KPIs) relevant to treasury operations. Discuss the types of metrics you track and how you use data to assess the effectiveness of new initiatives and drive continuous improvement.

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How do you keep yourself updated with industry trends?

In your answer, emphasize your commitment to continuous learning. Mention various resources you leverage to stay updated with industry trends, such as professional organizations, webinars, industry publications, and networking with peers in treasury and finance.

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We believe in connecting everyone to Priceless possibilities. We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.

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Badge Diversity ChampionBadge Future MakerBadge Global CitizenBadge Office VibesBadge Work&Life BalanceBadge Rapid Growth
CULTURE VALUES
Inclusive & Diverse
Empathetic
Collaboration over Competition
Growth & Learning
Transparent & Candid
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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 21, 2025

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