Manager, Risk Management Framework at Mastercard
Role Type: Full-Time Recruitment
Year: 2026
🛠️ Key Skills Required
📌 Hiring Details
Mastercard is hiring talented professionals for the position of Manager, Risk Management Framework in Pune, India. This opportunity is ideal for candidates looking to build a strong career in the IT industry in 2026. Applicants should carefully review the eligibility criteria, required skills, and selection process before applying online.
The recruitment drive for 2026 offers a great chance for job seekers to join a reputed organization. Make sure to prepare well for the interview and submit your application before the deadline. Read below for full details on how to apply, educational qualifications, and other important instructions.
💡 Candidate Insights
Ever wondered what it actually takes to keep the world’s digital payments secure while billions of transactions zip across the globe every second? If you’ve got a knack for spotting loopholes and a passion for building iron-clad security systems, Mastercard is looking for a Manager for their Risk Management Framework team in Pune. Now, I know "Risk Management" might sound a bit dry to some, but in the world of FinTech, it’s basically the frontline of defense. Whether you are a seasoned pro looking to scale your career or an ambitious professional wanting to break into a global giant, this role is a golden ticket to influence how one of the biggest payment networks operates. Pune’s tech scene is booming, and landing a spot at a powerhouse like Mastercard isn't just about a fancy paycheck—it's about getting your hands dirty with cutting-edge governance and global compliance standards. In this post, I’ll break down exactly what the hiring managers are looking for and how you can make your application stand out from the thousands of others hitting their inbox. Let’s dive in!
✅ Why Apply at Mastercard?
- Land a spot at a global payments giant where the prestige of the Mastercard brand adds massive weight to your professional resume.
- Lead high-impact risk strategies in the booming Pune tech hub, putting you at the heart of fintech innovation.
- Unlock a top-tier compensation package that blends a competitive base salary with world-class corporate benefits.
- Accelerate your career trajectory by managing critical frameworks that secure millions of global transactions every single day.
📋 Job Requirements & Description
Our Purpose
Mastercard 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
Manager, Risk Management FrameworkManager, Risk Management Framework – Governance & ToolingWho is Mastercard?
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential.
Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
Overview
The Second Line Risk Management team is looking for a Manager, Risk Framework - Governance & Tooling who will have responsibility for supporting the design, implementation and maintenance of the Risk Management Framework (RMF) methodology, governance, policies and process documentation; and supporting, delivering, and governing the suite of technology, data, and analytical capabilities that enable effective risk management across selected Regulated Entities. This role ensures risk teams have modern, scalable, and integrated tools to identify, assess, monitor, and report risk.
Role
• Under the leadership of VP Risk Management Frameworks, develop, maintain and continuously enhance the Risk Governance, Infrastructure, and Tools which support the overarching Risk Management Framework, including all related methodologies, policies and procedures, ensuring alignment with regulatory requirements, Mastercard Risk expectations, and industry good practice.
• Support the development and maintenance of the plans that are required to support the Framework rollout, ensuring reporting remains up to date, effective and relevant.
• Maintain, update, and govern the entity’s risk policies, standards, and procedures, coordinating periodic policy reviews, stakeholder consultations, and approval processes.
• Monitor adherence to risk policies and processes across 1LOD, support risk-related change initiatives, and contribute to risk assurance activities by providing required information, insight and explanation.
• Design, document, and maintain end-to-end process maps, workflows, and procedural guides in a central repository for process documentation and ensuring version control.
• Champion technology innovation within selected Regulated Entity Risk functions, identifying opportunities for automation, AI/ML enablement, workflow optimization, and improved risk insights.
• Oversee the design, implementation, and continuous improvement of risk platforms—including GRC systems, risk dashboards, risk tools, and regulatory reporting systems in alignment with the Global risk tooling strategy.
• Partner with selected Regulated Entities to collate, analyze, and document local entity and regulatory requirements, and translate them into clear, actionable, and testable functional/ technical requirements for GRC tool development teams.
• Lead end-to-end implementation of GRC tools across selected Regulated Entities, including development of implementation roadmaps, execution plans, and cutover strategies from existing manual solutions.
• Coordinate user access reviews and provide ad-hoc tooling support.
• Establish governance for tooling changes, access controls, configuration management, release cycles, and end user support frameworks.
• Oversee testing and validation activities, including UAT, to ensure all risk tooling meets regulatory expectations and entity-specific requirements relating to operational resilience, model governance, records retention, and data protection.
• Act as a primary liaison between stakeholders, including executive leadership, risk management, compliance, technology, and software development teams, ensuring alignment on priorities, scope, and delivery timelines.
• Coordinate and chair GRC Steering Committees (SteerCos), consolidating SME and GRC user requirements, prioritize requirements, tracking decisions and actions, and presenting program status, risks, and key developments to Executive Leadership.
• Develop training materials for Governance and Risk Tooling, attend training events and help ensure that colleagues at all levels are performing their desired role as per the Risk Framework.
• Support other activities in the Risk Framework Team as necessary.
All About You
• Strong knowledge of risk management principles, including 3LoD, good risk governance, and financial services risk and compliance frameworks, standards and regulations.
• Experience using key Risk Management tools such as IBM OpenPages, Archer, and reporting/BI tools (PowerBI, Tableau, Domo, Access).
• Ability to use AI to enhance risk management activities, including accelerated insight generation and strengthened framework documentation.
• High level of accuracy, attention to detail, and strong reporting and presentation capabilities, including advanced use of MS Word, Excel and PowerPoint.
• Proven ability to self-start, prioritize, problem solve and work effectively under pressure.
• Excellent communication skills and positive, professional behaviors aligned to company standards.
• Strong team-working skills with the ability to build and maintain collaborative relationships.
Corporate Security Responsibility
Every person working for, or on behalf of, Mastercard is responsible for information security. All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and therefore, it is expected that the successful candidate for this position 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.
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.
🚀 Why Manager, Risk Management Framework is a Strategic Career Move in 2026
Joining Mastercard as a Manager, Risk Management Framework offers excellent growth prospects. Here's why this role is trending:
- The IT sector in India is projected to grow significantly in 2026.
- Networking on LinkedIn can open doors to unadvertised opportunities.
Industry Insight: General roles in Pune, India are currently seeing high demand.
🎯 How to Prepare for Manager, Risk Management Framework Role
To crack the interview at Mastercard, focus on the following:
- Update your resume to highlight relevant skills and achievements.
- Prepare answers for common behavioral questions (STAR method).
- Work on your communication and soft skills.
🔗 Important Links & Apply
💡 AI-Powered Interview Tips for Manager, Risk Management Framework
- 🛡️ Connect your risk mitigation strategies directly to Mastercard's payment ecosystem, focusing on how framework gaps impact transaction security and scalability.
- 📊 Use the STAR method to explain a time you balanced strict compliance requirements with the need for business agility without compromising risk appetite.
- 🌐 Demonstrate a deep understanding of RBI guidelines and global payment standards, showing you can align local operations with international risk benchmarks.
🎯 Final Thoughts
If you have a knack for spotting risks before they become problems and want to build a global-standard framework, Mastercard is the place to be. This is a stellar chance to elevate your career with a fintech giant, so don't let this one slip away. Put your best foot forward and send in your application today—we're rooting for you! Apply now to kickstart your next big career move!
Kishan Prajapati
Career Researcher & IT Industry Analyst. Helping freshers and professionals find verified private IT job opportunities in India.
