Director, Open Banking Product Management

MasterCard; London; On-site; GBP 90,000 - 150,000; Full time

Job summary

MasterCard seeks a strategic Director for Open Banking Product Management in London. The role leverages analytical and problem-solving skills to drive initiatives and mentor a high-performing team. The ideal candidate has a strong background in financial services with exceptional communication skills.

Qualifications

• 7+ years of experience in financial services or consulting.
• Proven ability to lead complex projects.
• Experience in strategy consulting preferred.

Responsibilities

• Drive strategic initiatives for Open Banking.
• Lead cross-functional projects and mentor junior members.
• Analyze industry shifts for strategic implications.

Skills

Analytical Skills

Strategic Thinking

Communication Skills

Collaboration

Problem-Solving

Education

Bachelor's Degree

MBA or Advanced Degree

Job description

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build asustainableeconomy where everyone can prosper. We support a wide range of digital payments choices, making transactionssecure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Title and Summary

Director, Open Banking Product ManagementJob Description – Director, Open Banking Product Management

OVERVIEW
The Global Open Banking 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, Open Banking Product Management 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.
• 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
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 Banking, 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 Banking 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 Banking, 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

• Bachelor’s degree required, MBA and/or advanced degree from a top-tier program preferred
• Knowledge of payments and/or financial services industry required
• 7+ years of total work experience including 4+ years of strategy consulting experience at a leading consulting firm and/or internal strategy units, including at least one year of project leadership
• 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
• Be 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.