Chief Technology Officer

BE PART OF A NEW AND GROWING ASSET MANAGEMENT COMPANY

ABOUT MASTERCARD FOUNDATION ASSET MANAGEMENT

Established in 2023, the Mastercard Foundation Asset Management (MFAM) Corporation was created to build and manage a diversified investment portfolio for the Mastercard Foundation, one of the largest private foundations in the world. MFAM is headquartered in Toronto, Canada. We have a global investment strategy and mandate to deliver returns that will fund the philanthropic mission of the Mastercard Foundation and its partners in Africa and Canada over the long term.

We believe in the mission and values of the Mastercard Foundation and aim to cultivate an ecosystem of exceptional people, trusted partnerships, and long-term investments to achieve lasting impact. We value bold ideas, curiosity, and tenacity, as part of nimble, creative, and meritocracy-based team.

ABOUT MASTERCARD FOUNDATION

Mastercard Foundation, one of the largest foundations in the world, works with visionary organizations to advance education and financial inclusion to enable young people in Africa and Indigenous youth in Canada to access dignified and fulfilling work. Established in 2006 through the generosity of Mastercard when it became a public company, the Mastercard Foundation is an independent organization separate from Mastercard. The Foundation has offices in Toronto, Kigali, Accra, Nairobi, Kampala, Lagos, Dakar, and Addis Ababa.

WHO YOU’LL WORK WITH

As one our first hires, you will report to the Chief Operating Officer and will build and maintain relationships with teams across MFAM, the Mastercard Foundation, external consultants and vendors. You will provide support to all business areas of MFAM. As a member of the team, you will have opportunities to grow and develop, and create meaningful value and lasting impact through the Mastercard Foundation.

WHAT YOU’LL DO

This is a unique opportunity to be involved in starting up a world-class organization that will have global impact.

The Chief Technology Officer (“CTO”) is a forward-thinking and strategic leader motivated to lead the information technology strategy and operations of MFAM. The CTO plays a pivotal role in positioning the firm to stay ahead of the curve in the rapidly evolving financial services landscape by leveraging technology to enable enhanced returns, optimize operations, and ensure information and data security.

In the first 6-12 months, in this exciting start from scratch assignment, you will be focused on:

Crafting the technology vision and steering the technology roadmap to ensure support for current needs but also enable future growth and competitive advantage.

Infrastructure and architecture prioritization and building the technology function’s team and partnerships, processes, tools, and policies needed to support our vision, strategy, culture, and values.

You will be involved in building out the operating model for our technology function. Responsibilities include:

Technology Strategy and Vision – develop and evolve MFAM’s technology strategy to align with business goals, changing priorities, and organizational culture and values.

Drive innovation, explore emerging technologies and identify opportunities for technology advancement.

Team Leadership and Development – recruit, lead and mentor a high-performing team of technology professionals, fostering a culture of collaboration, innovation and continuous improvement.

Operations and Service Delivery – Build a secure and scalable technology platform, including hardware, software, cloud and SaaS solutions and network architecture. Adopt agile practices to facilitate evolving business needs.

Partnership and Collaboration – Foster a collaborative environment where input from various stakeholders is valued, understood and considered in decision making processes to ensure solutions match the business need.

Vendor and Relationship management – Develop and nurture a robust ecosystem of relationships with vendors, service providers, peers and partners to optimize technology investments and initiatives.

Risk Management, Data Security and Compliance – Establish and maintain policies and procedures that ensure the security, privacy and integrity of all data and compliance with regulatory requirements.

Data Management and Analytics: Establish robust data management practices and leverage data analytics to drive insights, improve decision-making, and enhance operational efficiency.

Lead end user technology experience for a growing organization. This will include both in and out of office experience.

WHAT YOU’LL NEED

The CTO requires a blend of advanced technological understanding, strategic business acumen, and leadership skills. They are passionate about technology, excited by the challenges of a dynamic greenfield environment, and driven to make a significant impact.

• Seasoned executive who has excellent business acumen and directly applicable technology experience
• Demonstrated experience in IT & technology strategic planning and execution
• Strong change management background and excellent communication skills with the ability to influence and collaborate across diverse teams
• A proactive, entrepreneurial, and practical mindset. Demonstrated ability to deliver right sized solutions that meet the needs of the business
• Strong understanding of asset management and finance industry, including regulatory environment considerations and cybersecurity best practices
• Experience and passion for assignments and an organization with a lot of white space. You bring the vision and passion to help build a great organization
• Scalability and growth planning experience - Anticipate future technology needs and challenges as the company scales, proactively identifying opportunities and timing for optimization and growth

WHY WORK AT MFAM

• Mission-based organization that generates real value for the challenges our foundation supports – improving lives.
• Pay-for-performance environment that offers competitive salary and incentives.
• Numerous opportunities to gain experience and develop a variety of skill sets in a growing organization that contributes to the mission of the Mastercard Foundation
• Comprehensive employer paid benefits coverage.
• Retirement income through a Retirement Savings Program
• A flexible/hybrid work environment combining in office collaboration and remote working.
• Competitive time-off policy
• Opportunity to apply your experiences to an environment where you can make an immediate impact as an architect for our organization.

We are guided by five core values:

• We achieve the best outcomes through mutual trust, thoughtfulness, and respect
• We embrace diversity of thought, background, and experience.
• We learn and gain insight through open and honest communication
• We are ambitious and results oriented
• We challenge the status quo and seek bold solutions

MFAM is an equal opportunity employer. We believe diversity is important and we take pride in ensuring that the people we hire and culture we create reflect and embrace diversity of thought, background, and experience. We value the unique skills and diverse experiences that each individual brings, and we are committed to creating and maintaining an inclusive and equitable workplace where talent is respected, accepted, and empowered to be themselves.

HOW TO APPLY

Are you ready to pursue a new challenge and take your career to the next level?

Apply today Please submit your application to talent@mfamc.org quoting the position title and reference number (ref 1012) in the subject line.

Deadline for Applications is Friday May 31st

This role is a hybrid position, with a requirement of 3 days onsite at our office in Toronto, Ontario.

Mastercard Foundation Asset Management values the unique skills and experiences each individual brings to the organization and we are committed to creating and maintaining an inclusive and accessible environment for everyone.

Completion of satisfactory business references and background checks are essential conditions of employment. If you require accommodation during the recruitment and selection process, please contact a member of MFAM at talent@mfamc.org. We will work with you to provide a positive recruitment experience in a confidential manner.