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Mastercard

Manager Innovation New Product Development

Mastercard, New York, New York, us, 10261

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Overview 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. 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 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.

Role

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.

All About You

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

Corporate Security Responsibility Every Person Working For, Or On Behalf Of, Mastercard Is Responsible For Information Security. All Activities Involving Access To Mastercard Assets, Information, And Networks Comes With An Inherent Risk To The Organization And Therefore, It Is Expected That The Successful Candidate For This Position 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, and

Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.

Mastercard is a merit-based, inclusive, equal 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. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment 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.

In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 10 annual paid U.S. observed holidays; 401k with a best-in-class company match; deferred compensation for eligible roles; fitness reimbursement or on-site fitness facilities; eligibility for tuition reimbursement; and many more.

Pay Ranges

New York City, New York: $143,000 - $228,000 USD; Purchase, New York: $137,000 - $219,000 USD

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