Vice President, Treasury Solutions

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, Treasury SolutionsOverview:The Treasury Solutions team is Mastercard's resident expert on foreign exchange and its role in the global financial system, the Mastercard network, and cross-currency/cross-border payments. The team acts in a consultative capacity to support various business initiatives across products and functions.The Vice President, Treasury Solutions will be responsible for leading the development and execution of initiatives for the productization of Settlement and FX capabilities. In partnership with internal teams, the individual will drive the prioritization and aide in the design and development of new products and solutions that are critical to meet the business needs of customers and internal partners. Finally, the individual will manage the FP&A activity for revenue generating products & services within the scope of Treasury Solutions.Role:* Execute on the strategic vision for Treasury Solutions; periodically refining to ensure alignment with competitive landscape, customer needs and industry trends* Serve in a consultative capacity to internal partners and customers on Treasury related functions* Prioritize strategic initiatives/projects to ensure alignment with organization objectives while highlighting and effectively managing any trade-offs due to prioritization efforts* Develop & commercialize FX and settlement solutions to deliver value to customers with a focus on service quality, risk management and value-based pricing* Lead idea generation, concept validation, impact analysis and business case development for product/service propositions* Partner with Product and Regional teams to identify opportunities to develop new products/solutions to address emerging consumer segments and industry trends* Advance on localization efforts to enhance existing capabilities aimed at expanding core services into new markets and/or responding to customer demand* Collaborate with internal technology providers to develop and enhance Treasury services to support the modernization initiative of core network platforms * Drive adoption and usage of APIs by customers to access key services and reports provided by Treasury* Aid in the drafting and negotiating of commercial agreements with settlement bank partners * Develop market readiness and communication material to support new product releases, regulatory requirements, and technical enhancements* Lead engagement with Product on network enablement of digital assets/blockchain technologies and accelerated settlement capabilities * Oversee and manage the FP&A activities for revenue generating products/services* Drive continual technology automation and process improvements through identifying inefficiencies in existing services * Manage relationships with external parties including banks, settlement agents, and trading institutions The role provides an excellent opportunity for future growth at Mastercard, in the Finance function as well as the Product & Innovation or O&T functions. The role presents a great leadership opportunity and is especially suitable for people interested in growing into broader business leadership roles.All About You:The ideal candidate will be someone with a strong knowledge and/or interest in technology (product and systems development), financial markets and foreign exchange, while also being interested in a broader functional role that includes product strategy and innovation. The individual needs to be strong analytically and have a solid foundation in corporate finance and/or foreign exchange. Must also be an out-of-the box, creative thinker. To be successful in the role, one should be motivated by unstructured, stretch assignments that require coordination and influencing skills to develop and deploy initiatives that touch different areas of the organization. Specific requirements include:* Strong analytical and problem-solving skills combined with the ability to initiate and implement the needed changes to achieve business unit /corporate objectives * Ability to think creatively and out-of-the box; ability to challenge the status quo; demonstrated ability to innovate* Excellent written and oral communication skills, particularly the ability to work and communicate cross-functionally* Keen sense of urgency and results driven orientation* Proficient in payment network systems (authorization, clearing, and settlement)* Strong understanding of software methodologies (i.e., functionality & limitations)* Excellent leadership qualities, including getting work done through others, being organizationally savvy, thought leadership* Demonstrated ability to manage a diverse team with varying skillsets * Strong project management skills and high-level of customer focus* Management style that is proactive towards employee development Education and Competencies:* Bachelor's degree in finance, economics, computer science, or similar analytical field. MBA or applicable master's degree preferred* Strong corporate finance and/or foreign exchange experience* Understanding of Product Development lifecycleCOVID-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_accommodation@mastercard.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-96c5b707-6107-47d5-a169-991536803b13

Keywords: Mastercard, New Rochelle , Vice President, Treasury Solutions, Executive , Purchase, New York