Director, New Product Development Job Listing at Mastercard in Harrison, NY (Job ID R-239005-Purchase, United States of America, 10577-2509)

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

Director, New Product Development Who 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.

Services within Mastercard is responsible for acquiring, engaging, and retaining customers by managing fraud and risk, enhancing cybersecurity, and improving the digital payments experience. We provide value-added services and leverage expertise, data-driven insights, and execution.

Overview
Mastercard Foundry is the innovation engine of Mastercard and a hub for new product development. We do this by driving product innovation based on emerging consumer and ecosystem partner behaviors, and new technologies and interfaces. At the same time, we stay rooted and focused on enhancing and driving new use cases for existing solutions and platforms. We also focus on building revenue generating ecosystems and flywheels that can be standalone in adjacent segments and markets. Examples of focus areas include Consumer value propositions, Digital payments, Tokenization / Privacy enhancing technologies, Payment Acceptance and Processing, and applications of Artificial Intelligence.

The Director, Product Innovation Foundry will be a critical driver of product strategy across the Core Payments portfolio of new products at Mastercard. The role will focus on identification of new digital products, services and solutions that differentiate and grow Mastercard's Core Payments business. Responsibilities will include driving new product strategy, cross-portfolio narrative, and selective identification, testing and launch of new products and ventures that drive significant in year revenue and strategic differentiation for Mastercard. In addition, the role will support identification and partnerships with ecosystem partners (e.g., banks, merchants, fintechs, marketplaces) that are critical to testing and launching B2B2C products.

Role
• Drive cross-portfolio new product strategy by assessing market trends and ecosystem developments to new core payments products and service opportunities, in partnership with internal and external stakeholders at a global and regional level
• Assess market opportunities, build storytelling / narratives and drive business cases that articulate value for Mastercard (e.g., customer engagement metrics, revenues)
• Drive thought leadership and the learning agenda across key opportunity spaces
• Influence and maintain key stakeholder relationships, acting as a trusted partner for all innovation and product development needs
• Effectively partner and align with key groups across Mastercard (e.g., Technology, Operations, Legal) to develop solutions, gain support, get buy-in for key decisions

All About You
• Payments, financial services or technology experience (e.g., fintechs, issuers, acquirers, processors, digital wallets, super apps, tech platforms)
• Sound business judgment with established strategic/conceptual thinking and strategic planning skills
• Awareness of key trends and emerging technologies impacting Payments globally
• Strong analytical and quantitative skills with the ability to drive compelling narratives / storylines, and business cases – driving clear consensus on product value propositions that are synthesized from a variety of inputs and viewpoints
• Ability to effectively collaborate with external (investors, fintech/strategic partners, industry thought leaders) and internal partners (e.g., Account Executives, Global Product, Technology, Operations, Data Analytics, Pricing, Legal) to launch products and solutions in market

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.

Total Base Pay Range
178,000.00 - 284,000.00 USD Annual Mastercard is an 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. 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.

 Apply on company website