Vice President, Product Management, Stablecoins

Mastercard • New York, NY

17h

About The Position

Mastercard's Blockchain and Digital Assets group drives Mastercard’s business and product strategy in the digital currency payment space. The team's mission is to build the world's leading interoperability network for tokenized and fiat money transactions, leveraging Mastercard's decades of financial network experience to bridge traditional and on-chain finance. The team is at the heart of making Mastercard the trusted access layer that lets regulated institutions and their customers enable real-time payments and smart money movement through stablecoins, tokenized deposits and other forms of tokenized value. We are looking for a Vice President, Product Management to lead the design, development, and implementation of innovative blockchain and digital asset solutions, with a primary focus on onboarding, enabling and operationalizing multiple stablecoins onto Mastercard’s suite of products through direct relationships and integrations with stablecoin issuers. The role has global responsibilities, overseeing stablecoin issuer integrations across all regions and supporting the execution of Mastercard's broader crypto and blockchain product roadmap. The ideal candidate is a strong leader and people manager, who combines in-depth knowledge of the payments landscape with strong product development experience, business acumen, and a genuine passion for the digital asset space. Experience in treasury services or transaction banking is highly valued. Internally, the VP and his/her team will work with a cross-functional team comprising Product and Engineering, Franchise, Compliance, Legal, Regulatory, Treasury, and regional teams to deliver the end-to-end product lifecycle.

Requirements

• Strong knowledge of and interest in the blockchain, crypto, and digital asset space. Experience building and contributing to well-known blockchain or crypto projects is desirable
• Experience in the payments industry with in-depth understanding of payment solutions across a variety of market segments, including familiarity with relevant industry standards and regulatory requirements. Treasury and transaction banking experience a plus.
• Experience in bringing new products to market, including concept definition and validation, business requirements definition, and comfort working in cross-functional teams, in line with established product development processes
• Good commercial insight with experience building value propositions for all participants in a payments ecosystem, including Mastercard, our customers, and partners
• Excellent written and verbal communication skills with the ability to simplify and describe complex concepts and technologies to audiences of varied knowledge, and to communicate vision and roadmap effectively to a wide variety of stakeholders
• A strong entrepreneurial attitude with the ability to learn quickly, adapt to a changing market landscape, challenge the status quo, and work independently
• Strong analytical skills and sound judgment with the ability to digest complex problems and take thoughtful risks
• Strong track record of leading and developing talent

Nice To Haves

• Experience in treasury services or transaction banking is highly valued.

Responsibilities

• Direct the development and expansion of the Mastercard Stablecoin Issuer Program, including productizing and automating the contractual, onboarding and enablement processes across stablecoin issuers, currencies and regions. Oversee all workstreams such as contract standardization, product and technical integration, pricing / economics, etc.
• Lead negotiations with Stablecoin Issuers and issuers of other tokenized forms of money globally to ensure alignment, commercial viability and enablement of existing and new Mastercard products and services such as remittances, payouts, and B2B payments.
• Drive on- and off-ramping integrations with Stablecoin Issuers including automation of minting, redeeming and burning of stablecoins to enable domestic and cross-currency payments.
• Lead the development and implementation of franchise rules and standards for stablecoin issuers onboarded onto the Mastercard network to ensure compliance with AML, OFAC, Sanctions and licensing regulations and deliver Mastercard’s brand promise of trust, safety and consumer protection.
• Lead collaboration with various product teams to ensure the delivery of a “one-to-many” on-and off-ramp between tokenized forms of money and fiat, supporting both internal and external products and use cases.
• Lead product and business engagements with third-party and distributed blockchains to facilitate payment product enablement and mutually beneficial business outcomes.
• Develop innovative solution concepts that have strategic fit and value for Mastercard's customers and partners, including ideation, definition, design, and development of blockchain and digital asset solutions.
• Develop business requirements for payment and settlement solutions based on a solid understanding of the needs of businesses and financial institutions.

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: Executive
• Education Level: No Education Listed