Manager of Innovation / New Product Development, Mastercard

$143-228k

Salary applicable for candidates based in NYC. For candidates based in Purchase, New York: $137,000 - $219,000 USD

Mid and Senior level

New York

Office located in 5th Avenue, NY or Purchase NY

Global payments technology company

Open for applications

Global payments technology company

1001+ employees

FintechB2CB2BBankingPaymentsCredit cards

Open for applications

$143-228k

Salary applicable for candidates based in NYC. For candidates based in Purchase, New York: $137,000 - $219,000 USD

Mid and Senior level

New York

Office located in 5th Avenue, NY or Purchase NY

1001+ employees

FintechB2CB2BBankingPaymentsCredit cards

Company mission

To connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.

Job

Company

Role

Who you are

Passion for innovation and emerging technology
Strong problem solving, research, analytical and quantitative skills, with the ability to build business cases that articulate commercial value
Experience in product management, fast prototyping and design thinking
Experience in the evolution of digital payments, including key trends market, competitive and regulatory trends
Excellent project management and organizational skills
Strong track record of driving tangible business results
Excellent presentation and communication skills, both drafting and presenting, oral and written
Prior consulting, banking or emerging payments experience a plus
Bachelor’s degree required, Advanced degree a plus

What the job involves

Within Foundry, the Manager, will be a critical driver of new product development, including identification, execution, and in-market delivery of new Digital products and solutions
The responsibilities will include execution of near-term opportunities that drive significant in year revenue and strategic differentiation for Mastercard, as well as scoping, identification, in-market testing of longer-term product concepts and solutions
Uncover new trends and identify relevant opportunities in the future of payments
Present findings that translate complex concepts into simple, compelling narratives
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
Coordinate strategic, tactical efforts, and planning to facilitate execution and deployment of key priorities globally, partnering with cross-functional teams
Drive thought leadership and the learning agenda across key opportunity spaces and emerging technologies (e.g., Social Commerce, Generative AI)
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
Mentor and provide guidance to junior team members
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, and
Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines

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

21% employee growth in 12 months

Glassdoor (4.3)

Company

Company benefits

Gym membership
Share purchase options
Extra holiday purchase optional
Work from home opportunities
Health insurance

Company HQ

Purchase, Harrison, NY

Leadership

Michael Miebach

(CEO)

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.

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