Vice President, Network Strategy and Product

Company: Mastercard
Location: Purchase
Posted on: August 4, 2022

Job Description:

Our PurposeWe work 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. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team - one that makes better decisions, drives innovation and delivers better business results. Job TitleVice President, Network Strategy and ProductOverviewThe Vice President, Network Strategy and Product will lead a team driving product strategy, roadmap and execution of the future of Mastercard's global card payments network. The network is the company's core strategic asset, directly driving over $8 billion in revenue and providing the platform for our other key services.The successful candidate will take on product management responsibility for our core authorization capabilities. This will include several in-flight efforts to address known customer challenges and product requests. But it will also require the development of a whole-product strategy - articulating the value we provide, shaping and prioritizing enhancements into a roadmap, and driving execution. This will mean solving for current challenges and taking inbound auth product requests, and also identifying top enhancements overall - to solve for market needs/use cases through improvements or new offerings. The mandate is to ensure the competitiveness of our card network versus alternatives, for existing and new use cases; and to pursue commercial opportunities and optimization. Examples of current efforts related to auth's primary functions include matching of linked auth requests clearing records, double posting to cardholder accounts, clearing without authorization, aligning approval duration with transaction use cases. Another existing focus area is resilience: improving the reliability and quality of our acquirer-side fallback processing, to ensure that Mastercard meets our promise to consumers, merchants, customers and regulators to ensure the flow of commerce. The role Develop a product strategy and roadmap, and lead a team of product managers leading initiatives related to authorization Partner with regional, customer, technical, C&I, Franchise and legal teams, and gather direct customer feedback, to understand needs, shape proposals and drive execution Define and drive technical platform enhancements to address market needs Identify and pursue new product and pricing opportunities Define and drive new offerings from concept to market, following the Studio product development and go to market process, in partnership with regional product leads and market teams Propose and drive changes to Mastercard Franchise or other rules or programs to drive outcomes beneficial to the ecosystem, including cardholders, merchants and financial institution customers Present overviews of your approach, proposals and progress to key decisionmakers and Product leadership Maintain an independent mindset and view of the facts, develop a strong view of the best available approaches, make a compelling case and push hard for the right outcome - and stay flexible and pragmatic in your approach to getting things doneThe candidate Prior experience in payments and familiarity with authorization processes is required Relevant technical product management experience - may include strategy, development, management, commercialization, scaling Experience managing a team Strategic thinking, analytical and problem-solving skills Superior communications, visual and verbal presentation, and interpersonal skills Flexibility to work with ambiguity and manage multiple complex projects Ability to interact and build relationships with all levels of leadership across the organization and with internal and external clients; ability to lead and influence at all levelsCOVID-19 Considerations We value the safety of each member of our community because we know we're all in this together. In many locations, which may change over time, we've implemented a virtual hiring process and continue to interview candidates by video or phone. In addition, in some locations, only individuals who have been fully vaccinated will be permitted inside Mastercard offices until further notice.In the US, Mastercard is a government contractor, which may legally require most Mastercard employees to be vaccinated unless a verified approved medical or religious exemption is granted. Further, we are currently making every effort towards having employees return to work in the office 2 days per week, if that makes sense for their team. Everyone must be vaccinated to enter Mastercard offices at this time. Therefore, we expect all candidates to be vaccinated or to be approved for a medical or religious accommodation prior to commencing work at Mastercard.In the US, Mastercard is an inclusive Equal Employment 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. If you require accommodations or assistance to complete the online application process, please contact reasonable_accommodationmastercard.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 ResponsibilityAll 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, andComplete all periodic mandatory security trainings in accordance with Mastercard's guidelines.PDN-96c9c690-97ff-4bbb-b516-ffb07020d6d0

Keywords: Mastercard, New Rochelle , Vice President, Network Strategy and Product, Executive , Purchase, New York