Director, Open Finance Network Standards | London, UK

Mastercard, Inc.; London; On-site; GBP 90,000 - 150,000; Full time

Job summary

Mastercard is seeking a Director for Open Finance Network Standards in London. This role involves defining strategies for payments and data management while engaging with cross-functional teams to support the company's global vision. Ideal candidates will have a strong understanding of open banking and a proven track record in financial technology.

Qualifications

• Strong understanding of open banking and industry trends.
• Deep experience in payments and financial technology.
• Proven ability to lead cross-functional initiatives.

Responsibilities

• Define Mastercard's standards for payments and data management.
• Engage with teams to operationalize the global vision for Open Finance.
• Represent business interests in partnerships and forums.

Skills

Open banking

Account-to-account payments

Creative problem-solving

Networking

Analytical skills

Job description

Director, Open Finance Network Standards

Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. We support digital payments, making transactions secure, simple, smart, and accessible. Our technology, partnerships, and networks deliver innovative products and services that help people, businesses, and governments realize their potential.

Title and Summary

The Mastercard Open Finance product team aims to empower consumers to benefit from their financial data through innovative solutions that unlock FinTech potential and streamline consumer experiences. Our platform enables transformative services trusted by leading organizations, shaping the future of financial connectivity.

Role Overview

The Director, Open Finance Network Standards, will define strategies for enabling core use cases like payments and data management, coordinate industry standards, and align global objectives across product teams to support our franchise strategy.

Responsibilities

1. Define Mastercard's standards and program models for key use cases such as payments and data management.
2. Engage with cross-functional teams to socialize and operationalize the global vision for Open Finance.
3. Represent business interests in partnerships and industry forums.
4. Become an expert in Open Finance use cases and industry trends.
5. Inform value propositions and product development to support scaling strategies.
6. Execute frameworks to accelerate revenue and distribution of capabilities.
7. Coordinate with regional stakeholders to identify synergies and innovation opportunities.
8. Maintain awareness of industry dynamics and competitive moves.

Qualifications & Skills

• Strong understanding of open banking, account-to-account payments, and industry trends, with global experience preferred.
• Ability to understand complex technologies and workflows, and communicate them clearly.
• Knowledge of Mastercard Franchise approach and program requirements.
• Creative problem-solving skills connecting client needs with strategy.
• Deep experience in payments and financial technology, including regulatory landscape.
• Proven ability to lead cross-functional initiatives with quality and timeliness.
• Strong networking skills and ability to operate in a matrix environment.
• Effective communication, presentation, and analytical skills.

Corporate Security Responsibility

All activities involving Mastercard assets, information, and networks carry inherent risks. Employees must:

• Follow security policies and practices;
• Maintain confidentiality and integrity of information;
• Report security violations or breaches;
• Complete mandatory security trainings.

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