Manager - Product Development

Mastercard Data & Services; London; On-site; GBP 65,000 - 90,000; Full time

Job summary

A leading company in the payments industry is looking for a Manager of Product Development to join their innovative Foundry team. This role focuses on executing new to market product development initiatives, driving significant revenue, and enhancing Mastercard's service offerings through innovative solutions. The ideal candidate will possess strong product development experience, analytical skills, and a deep understanding of the commercial payment ecosystem.

Qualifications

• Strong product development experience and market testing of global products.
• In-depth understanding of the commercial payment ecosystem.
• Experience working in payments innovation and delivering new market value propositions.

Responsibilities

• Engage in idea generation for new market products and solutions.
• Contribute to developing product concepts and managing project timelines.
• Lead cross-functional workshops and business case development.

Skills

Analytical Skills

Communication

Product Development

Critical Thinking

Collaboration

Job description

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JOB DESCRIPTION

Our Purpose

Title and Summary

Manager - Product Development

Manager, Product Development

Overview:
Manager, Product Development - Foundry

Who is Mastercard?
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential. Our decency quotient drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

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 commercial payments, new payment flows, real time payments, data and services.

Within Foundry, the Manager, Product Development will be supporting the execution of new to market product development across core payments and services. Role responsibility including identification, execution, and in-market delivery of new 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

• Engage in idea generation for new to market products and solutions including workshop facilitation and collateral development.
• Contribute to developing product concepts and prototypes and independently own and deliver key tasks associated with it.
• Partner with Product & Engineering partners and our CX&D team on concept validation and market testing and independently own and deliver key tasks associated with it.
• Contribute / own business case development and planning for individual products.
• Own and deliver high quality collateral materials to facilitate internal decision making.
• Lead cross functional workshops and manage follow up actions to completion.
• Partner with CXD, Product and R&D teams by providing prioritized requirements.
• Work within a matrixed organization to influence and drive outcomes within tight timelines.

All About You

• Strong analytical, verbal and written communication skills.
• Strong product development experience, including rapid opportunity identification, concept development, business model innovation, and in market testing of global products.
• In-depth understanding of commercial payment ecosystem and payments globally.
• Previous experience working in Payments innovation space delivering new to market value propositions.
• Critical thinker that is comfortable with technical details, and experience working with R&D teams.
• Flair in connecting people and ideas; ability to operate in a matrix environment.
• Right to work in the UK without restriction.

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks come 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.