Product Development Specialist, Mastercard
Office located in Purchase, NY
Global payments technology company
Open for applications
Global payments technology company
1001+ employees
Open for applications
Office located in Purchase, NY
1001+ employees
Company mission
To connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.
Role
Who you are
- Passion for innovation and emerging technology
- Strong problem solving, research, analytical and quantitative skills, with the ability to size market opportunities
- Excellent project management and organizational skills
- Excellent presentation and communication skills, both drafting and presenting, oral and written
- Experience in product management and design thinking
- Experience in the evolution of digital payments, including key trends market, competitive and regulatory trends a plus
- Prior consulting or emerging payments experience a plus
- Bachelor’s degree required
What the job involves
- Mastercard Foundry is the innovation engine of Mastercard and a hub for new product development. We do this by driving product innovation in emerging technologies and interfaces while focusing on developing a point of view to enhance existing solutions and new use-cases
- We also focus on building revenue generating ecosystems and flywheels that can be standalone in adjacent segments and markets
- Uncover new trends and identify relevant opportunities in the future of payments
- Present findings that translate complex concepts into simple, compelling narratives
- Based on leading user research, draft user stories, iterate on solutions (e.g., UI or API), and write functional requirements
- Experiment quickly with proposed solutions via development of prototypes and proofs-of-concept
- Develop go-to-market plan to deploy pilots and commercial solutions in market, in partnership with regional leads and sponsoring business units
- Build analytics and business cases to prove commercial value of products launched
- Partner with cross-functional teams (e.g., Technology, Legal, Data Privacy, Delivery, Finance, Marketing, Sales, etc.) to develop concepts and navigate the product development lifecycle, from early-stage concept ideation through commercialization
- Analyze and translate information into actionable insights and recommendations to drive business strategy and innovation
- Manage assigned initiatives and compile updates to share progress with executive leadership
Our take
Mastercard is in the global payments business, and operates the world's fastest payments processing network. Its products and solutions have become central to everyday commerce across the world, in activities ranging from shopping and travelling to running businesses.
As the economy has become more and more digitised, Mastercard has been a leading player in helping businesses and individuals across the globe embrace card payments and digital banking. One of the world's largest companies, its revenue has seen consistent gain in the last 20 years.
The challenge for modern payments companies is that payments are always changing, as seen in the astronomical rise of contactless payments over the last decade. Mastercard's acquisition of blockchain systems, and an overall focus on leveraging its technology towards a digital economy, has placed the company in good stead to keep up to date with current trends, like cryptocurrency, in the digitised payments world.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- Gym membership
- Share purchase options
- Extra holiday purchase optional
- Work from home opportunities
- Health insurance
Company values
- Trust - integrity, respect, openness
- Agility - urgency and value through innovation
- Partnership - working as one team for the benefit of all
- Initiative - taking bold and thoughtful actions
Company HQ
Purchase, Harrison, NY
Articles
Leadership
Michael Miebach
(CEO, not founder)Has served in a variety of roles at the company, including President and CPO. Currently Board Member at IBM, Accion, the World Resources Institute, the US-India Strategic Partnership Forum, and the Metropolitan Opera. They are also a Trustee of USCIB.
People progressing
Joined as VP in 2008, promoted 4 times in 11 years to their current position of Executive Vice President.
Salary benchmarks
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