Vice President of Strategy, Mastercard
Core Payments
$223-357k
Office located in Purchase, New York
Global payments technology company
Open for applications
Global payments technology company
1001+ employees
Open for applications
$223-357k
Office located in 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
- This strategy role is ideal for someone passionate about payments and innovation
- Extensive experience in strategy consulting or developing go-to-market strategies for payments and/or digital products
- Extensive experience of translating strategies to execution plans, driving end to end execution – particularly in a cross-functional environment, managing and prioritizing competing initiatives
- Strong understanding of Mastercard's products, services, and key revenue drivers, as well as the larger payment industry
- Excellent communication and influencing skills to work with internal and external stakeholders
- Proven track record of translating digital strategies into execution plans and driving end-to-end execution in a cross-functional environment
- Politically savvy with a history of building consensus and bringing people together around a common cause
- Analytical and solutions-oriented with the ability to drive thought leadership in digital strategy
- Experience in M&A and/or corporate development is a plus
What the job involves
- Drive and develop executive level strategy documents capturing the organization’s vision and business focus areas in partnership and alignment in strong collaboration with senior level stakeholders within Core Payments, Commercial New Payment Flows (CNPF), , Services, Regions, etc
- Contribute to the overall strategy agenda through thought leadership and creativity
- Identify, structure, and prioritize cross-functional initiatives focused on payments products (e.g., tokenization, digital first, contactless, account to account, etc.) to generate actionable recommendations
- Tackle complex digital business problems, uncover root causes, develop solutions, and translate them into specific recommendations
- Apply strategic and analytical rigor to product strategies, acting as a thought partner to prioritize and structure an innovative agenda
- Maintain knowledge of payments landscapes and market trends to develop innovative solutions and product strategies
- Develop and execute robust communications to align priorities and address support needs across various digital work streams
- Manage relationships and other related workstreams, linked to MA strategic priorities, across the business to ensure buy-in, engagement and committed deliverables i.e. Core, CNPF, Services, Finance etc
- Share learnings and insights with Divisional Presidents, Country Managers, and other key stakeholders, where relevant
- Management of cross functional teams to drive outputs and deliverables
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 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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