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Company: Mastercard
Location: New York, NY
Career Level: Mid-Senior Level
Industries: Banking, Insurance, Financial Services

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

Vice President, Global Product Management, Payment Reconciliation Vice President, Global Product Management, Payment Reconciliation

Overview
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.

The Services Business represents over a third of Mastercard revenues and is a key differentiator for Mastercard. Services use our unique and proprietary data, technology, insights and expertise to deliver solutions that meet the needs of our customers. Services is critical for the sustained, long-term growth of Mastercard. Within the Services organization, this role sits within the Business & Markets Insights (BMI) organization. The Business & Market Insights vertical is focused on creating products and solutions that create value for customers through Analytics, Insights, Business Experimentation, and Payment Consulting & Innovation.

This Product Management role will lead the product commercialization and expansion function for Payment Reconciliation data solutions. This person will own the product P&L and lead a team of product managers to oversee key activities including developing the product vision and strategy, exploring new short-term and long-term growth opportunities, including acquisition/partnership opportunities, identifying new use cases tied to customer pain points, engaging customers to demonstrate product value, and getting customer feedback to influence product roadmaps.

This individual will partner closely with other members of the Global Product Management team to ensure product commercialization plans are reflected in the product roadmap.
Role
• Lead a large global team to ensure successful commercialization of products – maximizing customer value and revenue
• Identify new whitespaces of growth
• Pursue strategic product partnerships internally and externally to accelerate time to market for revenue growth opportunities
• Explore pricing strategies that enable sales with clear value quantification while helping with sustainable revenue growth
• Monitor and analyze product adoption and usage trends and develop comprehensive approaches to engage customers in partnership with regional teams
• Develop comprehensive KPIs to track commercialization success and partner with development teams to build tools/capabilities to automate tracking
• Build market / customer specific commercial constructs beyond standard go-to-market to serve customer needs
• Develop customer value narratives based on product value propositions and customer case studies
• Partner with region teams to develop sales training materials and conduct trainings
• Build strong working relationships with a diverse group of internal and external stakeholders to achieve commercialization goals

All About You
• Experience in product management focused on go-to-market, distribution, pricing, and other commercial activities in technology and data solutions. Payments / financial services industry experience is required.
• Strong customer focus and commercial mindset
• Payment Reconciliation, Compliance, Operations industry knowledge is highly preferred
• Proven ability to define and execute bold, forward-looking product strategies that drive business transformation
• Analytical, solutions-oriented skillset with the ability to drive customer sales
• Strategic mind set to solve complex and ambiguous problems
• Keen understanding of competitive offerings and payment industry trends
• Proven track record collaborating in cross-functional teams
• Highly organized and able to deal with multiple and competing priorities
• Bachelor's degree in business or relevant experience; MBA a plus
• Extensive experience in strategy consulting or product commercialization
• Strong communication & influencing skills to work with internal and external stakeholders, with ability to clearly articulate problem statements and opportunity areas
• Experience with AI-based offerings a plus 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

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


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