Vice President, Product Management

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

Vice President, Product Management

Overview
• Customers and merchants are increasingly demanding enriched & new payment experiences across channels and digital interfaces. The trend of digital payments is accelerating omni-channel experiences for consumers as well as merchants. What used to be two distinct payment channels (offline / online) are quickly evolving, necessitating new product constructs, channel partnerships & distribution, and refreshed transaction dynamics.
• To scale these experiences, we are setting out to transform our business models to fuel innovation and compete effectively and efficiently in the marketplace.
• This role is part of the Digital Innovation & Solution, Global Acceptance team. This is an opportunity to be part of a highly motivated and creative team focused on scaling digital and online payment experiences across the globe. We are looking for a top performer with entrepreneurial spirit and ambition to play a key role in leading Mastercard`s efforts to secure new growth opportunities while working with exceptional colleagues around the globe.

Primary responsibilities
• Lead the Product Management of new acceptance products, including Click to Pay ISV Plug-in, Next Gen-POI (in-store online), and Electric Vehicle Power & Go.
• Interface with Acceptance Accelerator platform team supporting these products to drive the development roadmap.
• Design new solutions for vetted new business models, underpenetrated verticals and emerging markets across card & account payments, in-store online experiences, and emerging technologies, including AI and Ultra-wide Band.
• Define value and transactions drivers together with other team members as well as product & business requirements for the development of new business models that enable acquirers, merchants and/or other acceptance ecosystem participants to grow Mastercard payment share within overall payments.
• Manage the product development gating process (Studio) and obtain/increase executive sponsorship for new products and business models at Mastercard’s C-level and cross-functional stakeholders across franchise, legal, product, and technology.
• Determine if new features should be built or obtained via external partnerships / acquisitions.
• Implement new products & execute best practice frameworks across regions with first-to-market customers, requiring additional product, technology and design thinking support.
• Interface with Go-To-Market teams to set and realize implementation and KPI targets for the new products.
• Track and report KPI metrics supporting new products and business models.
• Lead co-creation/innovation workshops with key customers

All About You
• Strong entrepreneurial and analytical skills, experience in developing and translating strategies into implementation plans across multiple markets.
• Product management and go-to-market experience with excellent business acumen, strategic thinking, product management, and relationship building skills.
• Experience in developing and translating business requirements into product requirements and implementation plans across multiple markets.
• Competency in budgeting, financial reporting, business model creation.
• Proven record of writing concise and accurate documentation with thorough attention to detail.
• Excellent verbal communication, comfortable presenting, influencing, and negotiating at senior management level, able to shift gears for audiences from different business disciplines of varying technical ability.
• Self-starter with a strong work ethic and highly organized, holding self and others to high standards, able to work autonomously and as part of a team, fostering a positive team culture
• Open and creative; comfortable with uncertainty in a changing/fast paced environment.

Total Base Pay Range
233,000.00 - 372,000.00

Mastercard 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 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.

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.

Pay Ranges

New York City, New York: $223,000 - $357,000 USD

Purchase, New York: $214,000 - $343,000 USD

San Francisco, California: $223,000 - $358,000 USD