Overview
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. The Global Open Finance and API team is responsible for developing and building the future of open banking and a developer-first approach that propels innovation with fintech and other partners, in support of realizing Mastercard’s multi-rail potential. The Director, Product Management - Open Finance will be responsible for supporting the development and refinement of our commercialization and strategic efforts to help increase market share and revenue by creating a sustained competitive advantage.
Responsibilities
- Do you enjoy working on complex business problems?
- Are you adept at communicating complex ideas effectively?
- Have you ever successfully influenced others on your strategic point of view?
- Are you motivated by a dynamic, changing business environment and its opportunities and challenges?
Role
Skills
- The Director will have a proven track record of working effectively in a team to drive to successful outcomes, exceptional analytical and quantitative problem-solving skills, and strong written and verbal communication skills. More specifically, the candidate will work to:
- Drive high-impact strategic initiatives for Open Finance, from conceptualization and problem structuring through to delivering actionable recommendations based on rigorous analysis and research.
- Develop and articulate compelling strategic narratives, crafting impactful presentations and memos to inform and influence senior executives across Mastercard.
- Proactively identify and analyze critical industry shifts and competitive dynamics, translating insights into strategic implications and opportunities for Mastercard's Open Finance division.
- Partner with and advise product owners across the business, guiding strategic insight generation, robust business case development, and the identification of new growth avenues to accelerate their objectives.
- Originate and champion innovative growth strategies for Open Finance, leveraging deep market understanding and competitive intelligence to define new pathways for expansion.
- Provide strategic oversight for key operational functions, including quarterly business reviews, KPI framework development, planning processes, and proactive risk management.
- Mentor and develop junior team members, fostering a culture of high performance, strategic thinking, and continuous learning within the team.
All About You
- A bachelor’s degree is required, and candidates with an MBA or other advanced academic qualifications from leading programs are strongly preferred.
- Knowledge of payments and/or financial services industry required.
- A track record of delivering high‑impact strategic work in top‑tier consulting environments and internal strategy teams, with proven success leading complex projects and guiding cross‑functional teams.
- Exemplary analytical and problem-solving skills and business acumen; seasoned in identifying the most critical aspects of a problem and handling ambiguity
- Demonstrated ability to lead company-wide, complex projects from start to finish, effectively driving forward project plans and leveraging stakeholder management and influencing skills.
- Experience managing a team, and influencing teammates towards an objective
- Exceptional verbal and written communication skills, with the ability to develop high-quality presentations and memos independently.
- Ability to structure ambiguous problems, break down complex asks into tangible steps.
- Ability to work effectively with people at all levels in an organization
- Experience working on a cross-functional team/project to come up with the best solution.
- A good collaborator and listener, influencer and able to navigate a matrixed organization and reporting structure. Be able to navigate ambiguity with ease.
- Strong aptitude for modelling and applying quantitative analytical approaches.
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and 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.
compensation
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. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. 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. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.
Pay Ranges
Purchase, New York: $179,000 - $305,000 USD