Full-Time

Director – Product Management

Posted on 4/10/2025

Mastercard

Mastercard

10,001+ employees

Facilitates secure digital payment transactions

Compensation Overview

$178k - $284k/yr

+ Bonus + Commission

Senior, Expert

Company Historically Provides H1B Sponsorship

New York, NY, USA

Category
Product Management
Product
Required Skills
Product Management
Data Analysis
Requirements
  • Bachelor's degree required.
  • Strong experience and knowledge of the business drivers and technology of consumer payments, especially digital wallets and tokenization.
  • Awareness and understanding of Mastercard’s key customers, partners, and external stakeholders in these areas, including Issuers, Payment Service Providers, Acquirers, Digital Wallet Operators, and Merchants.
  • Comfortable rapidly absorbing large volumes of complex business and technical knowledge.
  • Possess a blend of analytical capability, strategic thinking, and emotional intelligence and able to dive deep on all areas of the business to deliver creative solutions to unstructured problems.
  • Comfortable communicating strategy, project status, and complex ideas to executive leadership.
Responsibilities
  • Act as North America business owner of all co-innovation initiatives with one of Mastercard's largest digital consumer products partners.
  • Manage Mastercard's portfolio of credential lifecycle management solutions.
  • Establish pre-market product frameworks.
  • Bring new product concepts to market.
  • Scale solutions and drive continuous ecosystem optimization.
  • Manage various functional areas, including pricing, engineering, implementation, marketing, and analytics.

Mastercard operates in the payments industry, focusing on building an inclusive digital economy. The company connects people, financial institutions, governments, and businesses through secure data and networks. Mastercard facilitates transactions by charging fees to merchants and financial institutions for processing payments. It serves a wide range of clients across over 210 countries and territories, aiming to make transactions safe, simple, and accessible. Mastercard differentiates itself from competitors by emphasizing partnerships and innovative technologies to promote growth and sustainability. The company's goal is to create a more inclusive financial system that benefits everyone.

Company Size

10,001+

Company Stage

M&A

Total Funding

$9M

Headquarters

Harrison, New Jersey

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • Mastercard's investment in AI fraud detection reduces false positives, improving transaction security.
  • The rise of CBDCs opens new revenue streams for Mastercard's digital currency infrastructure.
  • Mastercard's involvement in BNPL services could enhance its market share.

What critics are saying

  • Increased competition from fintechs could erode Mastercard's market share.
  • Digital currencies and blockchain may disrupt traditional payment processing models.
  • Competitor partnerships, like eBay and Checkout.com, threaten Mastercard's dominance.

What makes Mastercard unique

  • Mastercard leverages blockchain for on-chain tokenization, enhancing transaction security and efficiency.
  • The company partners with WorldFirst to launch virtual cards, supporting SME growth.
  • Mastercard's MGM Rewards Iconic World Elite card offers exclusive travel perks and VIP access.

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Benefits

New Parent Leave

Inclusive Family Building Benefit

Employee Family Resource Program

Bereavement Leave

Dependent Scholarship

Employee Assitance Fund

Business Resource Groups

Employee Recognition

Flexible Work

Tuition Assistance

Travel Assistance

Matching Charitable Gifts

Company News

PYMNTS
Apr 21st, 2025
The Digital Asset Primer: On-Chain Tokenization For Payments Professionals

The convenience, security and speed of digital innovation have reshaped the way businesses and individuals transact. Now, money and assets are undergoing their own fundamental transformation. It’s all happening by way of tokenization on the blockchain. On-chain tokenization is moving from concept to practice, with players like Visa, Mastercard, J.P. Morgan and other commercial banks [] The post The Digital Asset Primer: On-Chain Tokenization for Payments Professionals appeared first on PYMNTS.com.

PYMNTS
Apr 18th, 2025
Claims Complexity Meets Digital Simplicity As Insurers Push For Instant Payments

The digital transformation of the insurance industry is a work in progress. Digitizing trillions of dollars in payments bumps up against the complexities of the claims processes, and the tangled web of interactions between carriers, policyholders, regulators and a host of multiple payees. eCommerce has set a high bar for all manner of industries, and [] The post Claims Complexity Meets Digital Simplicity as Insurers Push for Instant Payments appeared first on PYMNTS.com.

The Fintech Times
Apr 18th, 2025
WorldFirst Partners With Mastercard to Launch Virtual Card to Bolster SME Growth

WorldFirst partners with Mastercard to launch virtual Card to bolster SME growth.

PRWeb
Apr 17th, 2025
Fnbo, Mastercard®, And Mgm Resorts International Unveil Mgm Rewardstm Iconic World Elite Mastercard®

The MGM Rewards Iconic World Elite Mastercard offers accelerated points earning, exclusive travel perks and VIP access to unforgettable experiences. Post thisTo commemorate the launch of the Iconic Mastercard, MGM Rewards is introducing an exclusive, limited edition premium metal veneer card. Available by invitation only, this distinguished offering will be extended to a select number of existing MGM Rewards Mastercard cardholders and new Iconic cardholders.The MGM Rewards Iconic World Elite Mastercard unlocks extraordinary value for cardholders, offering accelerated points earning, exclusive travel perks and VIP access to unforgettable experiences. Whether indulging in dining, entertainment or gaming at MGM Resorts properties, cardholders will enjoy enhanced perks and discounts at over 20 luxury hotels and resorts nationwide.Exclusive benefits include {2}:Earn Up to 6X Points and Tier Credits:6X Points & Tier Credits per $1 spent at MGM Rewards Destinations.spent at MGM Rewards Destinations. 2X Points & Tier Credits per $1 spent at hotels, dining, gas stations and grocery stores.spent at hotels, dining, gas stations and grocery stores. 1x Point & Tier Credit per $1 of deposits on BetMGM, a leading online sports betting and iGaming platform available in select markets in the United States .of deposits on BetMGM, a leading online sports and iGaming platform available in select markets in

PYMNTS
Apr 16th, 2025
Ebay And Checkout.Com Launch Payments Acquiring Partnership

eBay says it is making Checkout.com its newest global payments acquiring partner.The collaboration, announced Wednesday (April 16), is designed to provide a more seamless commerce experience for shoppers on eBay, with Checkout.com’s technology, data and global acquiring expertise helping eBay to maximize payment acceptance.“eBay operates at a significant global scale, and our customers value speed, convenience and safety while shopping on our marketplace,” Avritti Khandurie Mittal, general manager of global payments and financial services at eBay, said in a news release provided to PYMNTS.“Our strategic partnership with Checkout.com enables us to continue delivering fast, reliable, and frictionless payments experiences to millions of customers globally. The addition of Checkout.com to our partnership ecosystem highlights our continued commitment toward accelerating customer and business growth through uniquely eBay payments and financial services.”Added Guillaume Pousaz, CEO at Checkout.com: “Payments performance is critical at this enterprise-level scale, and our technology, data and global acquiring expertise will help eBay maximize acceptance in all markets and drive efficiency across its platform.”The partnership is happening at a time when retailers are increasingly looking to their acquirers for insights into optimizing payment strategies, as PYMNTS wrote earlier this month. This can include things such as streamlining checkout processes and implementing alternative payment methods designed to court to new customer demographics.“Merchants are acutely aware that frictionless experiences drive sales,” Guida Sousa, senior vice president of product management at Mastercard, said in an interview with PYMNTS, noting that consumers prize immediacy, security and seamless experiences.Payment optimization, that report added, means more than just lowering fees. Retailers are turning to acquirers for insights on improving authorization rates, reducing chargebacks and even strategically routing transactions to realize cost savings.Data from the PYMNTS Intelligence/Adobe study “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces” shows that 50% of consumers weigh the ease of a merchant’s checkout process when deciding where to shop.“Everybody wants to streamline the checkout process. That’s what is driving payments,” Justin Downey, vice president of product at Maverick, told PYMNTS. “If you create too many hurdles in the checkout process, you might lose the payment.”By looking at transaction data across various channels, acquirers can help retailers identify inefficiencies while also suggesting improvements that can enhance customer satisfaction and profitability.“For example, cross-border retailers are increasingly working with acquirers to localize payment options, providing a smoother experience for international shoppers,” the report said

INACTIVE