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
VP, New Product Development and Commercialization
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.
Overview
Foundry is Mastercard's innovation arm - an embedded, interdisciplinary function spanning the enterprise - responsible for Mastercard's innovation agenda. Our team of product managers, futurists, researchers, data scientists and developers powers Mastercard's ability to design and deliver differentiated products, services and experiences. Through focused innovation portfolios, we partner closely with the Product teams to create, incubate and scale new offerings. Our dedicated approach to early-stage product development and our multi-disciplinary capabilities enables us to operate with unprecedented speed to drive breakthrough innovation.
Role: Drive GTM strategy, commercialization and program management for 'Big Bets' initiatives across Core and Services
Regional enablement focused on driving launch and scale of big bet in market, including building and / or de-conflicting existing GTM roadmaps
Refine commercial opportunity, in collaboration with market/regional teams
Collaborate with pricing team to establish pricing structure
Influence and align with Market and Sales teams (e.g., CAMs, SBLs) and Product teams across Services and Core Payments
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
Drive contracting and billing simplification with appropriate teams at Mastercard, leveraging existing capabilities where possible
Program management across workstreams to enable overall initiative success
Directly manage, develop and empower Product Managers, and continue to attract high quality talent
All About You
Experience in various elements of the new product development process - product strategy, branding, sales enablement, market positioning, alliances, operations, and performance
Partnership development or product sales experience - ability to articulate product vision to ecosystem partners, generate interest, and project manage the partnership to completion (including driving commercial agreements)
Experience leading and managing teams, including developing junior team members
Deep Payments, financial services, technology, or corporate innovation experience (e.g., fintechs, issuers, acquirers, processors, digital wallets, super apps, tech platforms)
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
Demonstrated success in influencing and developing senior stakeholder relationships
Organized and able to manage multiple inter-dependent workstreams
Growth mindset
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.
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
New York City, New York: $233,000 - $372,000 USD
