New Product Development Manager, Mastercard
$150-265k
Salary range dependent on candidates location in either New York City or Purchase, New York
Global payments technology company
Job no longer available
Global payments technology company
1001+ employees
Job no longer available
$150-265k
Salary range dependent on candidates location in either New York City or Purchase, New York
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
- The ideal candidate will have experience in various elements of the new product development process - product strategy, sales enablement and market positioning
- Ability to coordinate with stakeholders and influence people of a diverse range of backgrounds
- Passion for innovation and emerging technology
- Understand revenue drivers and recognize opportunities to affect change, in order to optimize business performance
- Strong analytical and quantitative skills with the ability to drive compelling narratives / storylines, and business cases – driving clear consensus on product value propositions that are synthesized from a variety of inputs and viewpoints
- Excellent written and verbal communication with the ability to establish credibility and strong relationships with senior stakeholders
- Comfort with and an ability to adapt in a rapidly changing environment
- Working knowledge of credit/debit products, digital payments and AI landscape is an advantage
What the job involves
- We also focus on building revenue generating ecosystems and flywheels that can be standalone in adjacent segments and markets
- Examples of focus areas include Consumer value propositions, Digital payments, Tokenization / Privacy, enhancing technologies, Payment Acceptance and Processing, and applications of Artificial Intelligence
- Within Foundry, the Manager, will be a critical driver of the enablement of new products, including identification, execution, and in-market delivery of new 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., Tokenization, Artificial Intelligence)
- 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
21% employee growth in 12 months
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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