Director, Product Management - Open Finance

Mastercard • Purchase, NY

23h

About The Position

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. 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 The Global Open Finance and API team is responsible for developing and building the future of open banking and a developer-first approach that propels innovation with fintech and other partners, in support of realizing Mastercard’s multi-rail potential. The Director, Product Management - Open Finance will be responsible for supporting the development and refinement of our commercialization and strategic efforts to help increase market share and revenue by creating a sustained competitive advantage.

Requirements

• A bachelor’s degree is required, and candidates with an MBA or other advanced academic qualifications from leading programs are strongly preferred.
• Knowledge of payments and/or financial services industry required.
• A track record of delivering high‑impact strategic work in top‑tier consulting environments and internal strategy teams, with proven success leading complex projects and guiding cross‑functional teams.
• Exemplary analytical and problem-solving skills and business acumen; seasoned in identifying the most critical aspects of a problem and handling ambiguity
• Demonstrated ability to lead company-wide, complex projects from start to finish, effectively driving forward project plans and leveraging stakeholder management and influencing skills.
• Experience managing a team, and influencing teammates towards an objective
• Exceptional verbal and written communication skills, with the ability to develop high-quality presentations and memos independently.
• Ability to structure ambiguous problems, break down complex asks into tangible steps.
• Ability to work effectively with people at all levels in an organization
• Experience working on a cross-functional team/project to come up with the best solution.
• A good collaborator and listener, influencer and able to navigate a matrixed organization and /reporting structure. Be able to navigate ambiguity with ease.
• Strong aptitude for modelling and applying quantitative analytical approaches.
• 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.

Responsibilities

• Drive high-impact strategic initiatives for Open Finance, from conceptualization and problem structuring through to delivering actionable recommendations based on rigorous analysis and research.
• Develop and articulate compelling strategic narratives, crafting impactful presentations and memos to inform and influence senior executives across Mastercard.
• Proactively identify and analyze critical industry shifts and competitive dynamics, translating insights into strategic implications and opportunities for Mastercard's Open Finance division.
• Partner with and advise product owners across the business, guiding strategic insight generation, robust business case development, and the identification of new growth avenues to accelerate their objectives.
• Originate and champion innovative growth strategies for Open Finance, leveraging deep market understanding and competitive intelligence to define new pathways for expansion.
• Provide strategic oversight for key operational functions, including quarterly business reviews, KPI framework development, planning processes, and proactive risk management.
• Mentor and develop junior team members, fostering a culture of high performance, strategic thinking, and continuous learning within the team.

Benefits

• insurance (including medical, prescription drug, dental, vision, disability, life insurance)
• flexible spending account and health savings account
• paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave)
• 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees