Director, Product Management

Mastercard • New York, NY

18h

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. Title and Summary Director, Product Management Overview: Mastercard Digital Enablement Service (MDES) is a platform for Issuers, Wallet Providers, Merchants, and other Token Requestors to enable the digitization of Mastercard Cards for digital payments. Global MDES team is responsible for building and maintaining MDES Product that powers Digital Wallets and secures E-Commerce ecosystem. This Position of Director, Product Management will be a member of global MDES team responsible for Product Management and Commercialization of MDES platform for Device Wallets (M4D) for Agentic Payments, Apple Pay, Virtual Cards and QR Payments. Role: • Work with internal and external Business teams in defining product requirement for Device Wallets. • Team with technical architects and Product development teams in defining technical flows. • Work with Project Managers in managing timelines as per customers’ expectations. • Collaborate with Engineering teams to build the Product. • Get necessary approvals from legal and data privacy teams. • Partner with regions in defining Go to Market Strategies of the Product. • Conduct Competitive analysis and position the product well in the market • Work with Mastercard regional teams to tailor the product as per the Market needs. • Come up with Sales decks Collaterals for customer facing teams. • Work with Legal teams to come up with contracts and agreements. • Work with Pricing teams to define Product Pricing in accordance with Market needs. All About You: • Over 15 years of experience across payments, banking, and digital wallets. • MBA with Engineering Background preferred • Understanding of the Financial Services Industry, payment infrastructure and the Digital payment ecosystem • Experience in Product Management of Payments product or services • Expertise in designing autonomous payment architectures featuring dynamic Human-in-the-Loop (HITL) oversight for high-value transactions • Ability to understand ISO 8583 and Application Programming Interfaces (APIs) • Strong Customer focus with good business acumen • Experience in working with cross functional teams in executing projects. • Excellent Written and Verbal Communication Skills 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 [email protected] 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 and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. 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 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; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations. Pay Ranges New York City, New York: $187,000 - $318,000 USD Everyone wants easier ways to pay; we invent them. Checkout lines are slow; we speed them along. Merchants want more sales; we give them data and insights. People need financial access; we connect them. Corporate purchasing is complicated; we make it simple. Commuters are busy; we speed them on their way. Governments need greater efficiencies; we help create them. Small businesses are virtual; we give them access to a world of buyers. Retailers want to fight fraud; we provide the tools.

Requirements

• Over 15 years of experience across payments, banking, and digital wallets.
• Understanding of the Financial Services Industry, payment infrastructure and the Digital payment ecosystem
• Experience in Product Management of Payments product or services
• Expertise in designing autonomous payment architectures featuring dynamic Human-in-the-Loop (HITL) oversight for high-value transactions
• Ability to understand ISO 8583 and Application Programming Interfaces (APIs)
• Strong Customer focus with good business acumen
• Experience in working with cross functional teams in executing projects.
• Excellent Written and Verbal Communication Skills

Nice To Haves

• MBA with Engineering Background preferred

Responsibilities

• Work with internal and external Business teams in defining product requirement for Device Wallets.
• Team with technical architects and Product development teams in defining technical flows.
• Work with Project Managers in managing timelines as per customers’ expectations.
• Collaborate with Engineering teams to build the Product.
• Get necessary approvals from legal and data privacy teams.
• Partner with regions in defining Go to Market Strategies of the Product.
• Conduct Competitive analysis and position the product well in the market
• Work with Mastercard regional teams to tailor the product as per the Market needs.
• Come up with Sales decks Collaterals for customer facing teams.
• Work with Legal teams to come up with contracts and agreements.
• Work with Pricing teams to define Product Pricing in accordance with Market needs.

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
• Education Level: No Education Listed