Vice President, Product Portfolio Strategy

Mastercard•Purchase, NY

About The Position

Mastercard powers economies and empowers people in more than 200 countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. Within Mastercard, the Business & Market Insights (B&MI) organization provides data-driven insights, analytics, and platforms that enable better decision-making for businesses and governments globally. While B&MI has experienced strong momentum, the company’s 2030 growth ambitions require capabilities and revenue streams that do not yet exist today. BET is responsible for finding, shaping, and launching those opportunities. The Business Expansion & Transformation (BET) team was created to accelerate B&MI’s long-term growth ambitions by identifying and developing new businesses, products, and capabilities beyond our current portfolio. BET works across internal product lines and external ecosystems to identify transformative opportunities that can drive the next generation of growth. BET operates as Mastercard’s business-creation engine. The team scans across and beyond existing P&L silos to identify transformative opportunities, new products, platforms, and capabilities that unlock value across the Mastercard ecosystem. The Vice President, Product Portfolio Strategy is a leader within BET, responsible for identifying, shaping, and advancing new product and business opportunities from concept through early product definition. This role sits at the intersection of product management, strategy, and venture building, translating emerging market signals into validated product concepts and scalable business opportunities. You will not only define where to play, but also help define what to build, ensuring opportunities are grounded in real customer problems, strong product thinking, and clear paths to commercialization.

Requirements

Significant experience in product strategy, product management, corporate strategy, or venture / incubation environments
Track record of shaping and launching 0→1 products, platforms, or new business initiatives
Experience translating ambiguous opportunities into clear product concepts and business cases
Strong product instincts: ability to define customer problems, value propositions, and MVPs
Strategic thinker with the ability to connect market trends to product opportunities
Experience with early-stage product validation, including customer discovery and experimentation
Comfortable operating in ambiguity and building from scratch
Ability to influence senior stakeholders and drive alignment across matrixed teams
Strong executive communication and storytelling skills
Curious about emerging technologies, especially AI and data-driven products
Builder mentality with a bias toward action
Comfortable moving between strategy and execution seamlessly

Nice To Haves

Background in consulting, venture capital, or corporate strategy is valued—but paired with strong product exposure

Responsibilities

Design and lead Mastercard’s opportunity discovery engine across markets, technologies, and ecosystems
Translate emerging signals into clear product opportunities, including target users, value propositions, and problem statements
Identify whitespace opportunities that can evolve into new products, platforms, or businesses
Shape early-stage ideas into validated product concepts, including MVP definitions and initial product strategies
Conduct customer, market, and competitive analysis to validate demand and product-market fit
Define initial product vision, use cases, and success metrics for new opportunities
Develop investment theses supported by commercial, strategic, and product insights
Evaluate opportunities across desirability (customer), feasibility (technology), and viability (business)
Manage a portfolio of opportunities across different stages, time horizons, and risk profiles
Partner with Product, Engineering, and Foundry teams to transition validated concepts into build-ready initiatives
Define MVP scope, early roadmaps, and handoff criteria for product development teams
Stay engaged through early build phases to ensure product intent and customer value are preserved
Build and leverage a network across startups, venture capital, academia, and industry
Stay at the forefront of emerging technologies (including AI) and evolving business models
Use data and AI-driven tools to enhance signal detection, pattern recognition, and insight generation
Establish repeatable frameworks, tools, and governance for opportunity discovery and product incubation
Help scale BET into a durable enterprise capability

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

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