Senior Vice President, Head of Business Change, Vocalink Limited
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
Senior Vice President, Head of Business Change, Vocalink Limited
This is an exciting opportunity to oversee and drive organization-wide business transformation and change management for Vocalink Limited, a company that enables the payments of 90% of salaries, pension and benefits, 70% of utility bills, most ATM transactions, and every cheque cleared in the UK.
The successful candidate will become part of a high functioning leadership team, dedicated to delivering a robust, secure, and resilient service to 60+ million citizens every day with a transactional volume of 11 billion/year and a total annual transactional value in excess of £6 Trillion.
The Head of Business Change is a senior management role, reporting to the Vocalink Limited CEO. In partnership with the CEO, the appointee will be responsible for driving organizational transformation and change, working closely with all operational areas of the business.
This critical leadership role within Vocalink will lead and develop the strategy and execution of business change, directing strategic and regulatory initiatives, and embedding a culture of continuous improvement through the change team while meeting customer and regulatory delivery deadlines and quality standards.
Key Responsibilities:
1. Accountable for VLL change portfolio and change assurance
2. Responsible for day-to-day delivery of business change
3. Deliver all elements of the change framework to facilitate change readiness and effectiveness
4. Providing air traffic control of all ongoing and future change initiatives across the organization
5. Developing and maintaining standards, frameworks, and processes for Business Change (incl. planning, prioritization, delivery, monitoring)
6. Run the program office that governs, prioritizes, and oversees the implementation of transformation and change initiatives including overseeing governance, process, people, risk management, business planning, and regulatory change programs
7. Collaborates with business teams (1LOD and 2LOD) to ensure changes are well defined and executed. Support all change communications, engagement, and planning
8. Drive complex management, analysis, and decision-making across large-scale change programs associated with delivery of critical national infrastructure
9. Create and embed a prioritization approach to develop a roadmap for change with the relevant processes, tools, and metrics to support business objectives and new growth opportunities
10. Provide early visibility of change risks and issues as well as escalation.
11. Manage and maintain relationships with key stakeholders throughout Mastercard/customers and partners to continue delivering effective internal change that achieves the stated objectives. Engage customers/partners in strategic dialogue and partnerships
12. Define scheme, 3rd party change governance standards, methodology, and related playbooks
13. 3LoD role in line with the Risk Management Framework
All About You:
1. Extensive transformation and/or substantive project delivery experience in Real-Time Payment (RTP) context and experience in and application of risk management frameworks
2. Have relevant experience of working in a complex (preferably multi-national) stakeholder environment that includes complex customers and experience of working with a regulator (Bank of England supervision)
3. Have an understanding of the Software Development Lifecycle (SDLC), lean portfolio management, and agile working practices
4. Previous experience in defining and implementing Target Operating Models for change and transformation
5. Extensive experience working and operating effectively at executive level including working with a Board of Directors
6. Understanding of the SDLC, lean portfolio management, and agile working practices
7. Strong influencing skills; organizationally savvy
8. Embodies and demonstrates the Mastercard Way operating values
9. Ability to motivate, inspire, and lead people effectively
10. Prince2 certification and practitioner or demonstrable experience in Prince2; or an equivalent methodology e.g. Association for Project Management (APM)
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks come 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:
1. Abide by Mastercard's security policies and practices;
2. Ensure the confidentiality and integrity of the information being accessed;
3. Report any suspected information security violation or breach, and
4. Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.
Job ID R-236649
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