Head, Enterprise & Strategic Initiatives

ABOUT THE COMPANY

Mastercard Foundation is a global foundation based in Toronto, Canada. Our programs promote financial inclusion and advance youth learning in Africa. The Foundation was established in 2006 through the generosity of Mastercard when it became a public company. From inception, the Foundation was designed to be a separate entity and independent from Mastercard. Our policies, operations and funding decisions are made by our President and Board of Directors. The Foundation believes that every person has the potential to transform their lives and improve the lives of their families and communities. The Foundation collaborates with partners to advance sustainable and scalable solutions in microfinance and youth learning, focusing on countries that face high rates of poverty and growing numbers of out-of-school youth. Much of this work will be accomplished by building strong institutions in developing countries – particularly Africa – and investing in robust evaluation and learning agendas.The Foundation values innovative and fresh thinking as it strives to become a global thought-leader. Its work is achieved by a strategic, nimble and highly entrepreneurial team with a proactive and results-oriented approach to its philanthropic activities. The organization’s culture is shaped by people who are driven and passionate about the Foundation’s mission.COUNTRY OFFICE IN KIGALI, RWANDAMastercard Foundation is opening an office in Rwanda to support two new initiatives: Rwanda Employment and Enterprise Development Initiative (REEDI) will increase productive employment for young people; expand access to financial inclusion for tourism related businesses and improve the capabilities of, and coordination between, key stakeholders, in the tourism and hospitality industry; and, Secondary Education Teachers’ Initiative which seeks to improve the quality of teaching and learning in secondary schools.An office in Kigali provides an opportunity to oversee the management and implementation of the two initiatives, drive the country-level coordination of all Foundation interventions and represent the Foundation at a country level in close liaison with senior management in Toronto, Canada.

JOB SUMMARY

RequirementsBachelor’s degree in Risk Management, Business Administration, International Development, Public Administration, Economics, Finance, or a related field; a Master’s degree and professional risk certifications are strong assets.Over 10 years of experience in risk management with at least 5 years in a managerial role.Demonstrated experience in risk management, with exposure to strategic risk assessments and implementing risk frameworks in multi-country organisations.Experience working in culturally diverse environments, with proficiency in English required and French an asset.Excellent communication, facilitation, and interpersonal skills, with the ability to engage diverse stakeholders with empathy, cultural sensitivity, and purpose.High integrity, sound judgement, and the confidence to uphold principled positions in challenging situations.Collaborative and capable of building capacity across teams and partners.Agile and adaptable, with the ability to stay informed on emerging trends in the development sector and risk management.Commitment to diversity, equity, and inclusion.

RESPONSIBILITIES

Support the Senior Director Risk & Resilience, ensuring the Foundation’s enterprise risk management (ERM) framework and practices are aligned with leading practices, leveraging technology, analytics, using scenario planning and other techniques for risk identification.Coordinate risk identification, assessment, mitigation, and monitoring across all internal functions and strategic initiatives to ensure the ERM program is effective and supports the Foundation’s strategic goals.Provide risk advisory support for new and ongoing strategic initiatives, ensuring risks are considered during planning and execution.Collaborate with Foundation teams and risk champions to foster strong risk behaviours, ensuring a shared understanding of the Foundation’s risk appetite, risk tolerance, and risk management processes.Promote the integration of risk management into planning, operations, and strategic decision-making.Evaluate and critique risk registers submitted by risk champions, providing actionable insights to enhance the risk identification, assessment, and mitigation process.Monitor and analyse emerging risks and trends relevant to the Foundation’s enterprise and strategic activities.Plan and conduct regular spot checks and reviews of internal processes, strategic projects, and Foundation functions to assess compliance with risk management policies and procedures.Support the development and execution of overall business resilience strategies, including crisis management and business continuity plans for enterprise functions and strategic initiatives.Develop and deliver tailored capacity-building initiatives for program staff and implementing partners, ensuring they have the tools, knowledge, and training needed to identify, assess, and manage risks effectively.Prepare, consolidate enterprise risk reports and provide regular updates on risk management activities to the Senior Director, Risk & Resilience.Escalate significant risks and incidents as appropriate.

REQUIRED SKILLS

Business development, Economics and business, Compliance, Fraud risk assessment and management

REQUIRED EDUCATION

Bachelor's degree