VP, Business Development, Travel

University of Utah; Al-Kharj; On-site; USD 150,000 - 200,000; Full time

Job summary

A global technology company is seeking a VP of Business Development for the Travel Segment in Riyadh. This role involves leading commercial strategy for travel clients, negotiating high-impact deals, and mentoring teams. Candidates should have extensive travel industry expertise, strong leadership skills, and a proven track record in managing multi-million dollar portfolios.

Qualifications

• Extensive travel industry expertise from senior commercial roles.
• Track record in managing multi-million dollar P&Ls.
• Ability to engage C-level clients and stakeholders.

Responsibilities

• Own go-to-market and revenue strategy for travel clients.
• Negotiate complex multi-year deals with partners.
• Lead high-performing teams focused on accountability and growth.

Skills

Commercial strategy

Negotiation skills

Leadership

Industry expertise

Analytical skills

Job description

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, 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

VP, Business Development, Travel

Job Description

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, or DQ, 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

The EEMEA Merchant and Commerce team is looking for a VP, Business Development – Travel Segment to drive transformative growth by leading Mastercard’s commercial strategy across the EEMEA region travel ecosystem. This includes leading and scaling all sales and partnership activities across relevant airlines, hotels, OTAs, TMCs, and other travel-related technology companies, to drive profitable revenue growth, market share expansion and deep strategic relationships.

In this role, this Vice President will shape Mastercard’s relevance in this industry vertical through thought-leadership, embedded payments, digital innovation, co-brand programs and strategic enterprise deals that unlock volume, revenue, and long-term market share. Therefore, the ideal candidate is a seasoned leader with sharp commercial expertise and a global mindset.

This candidate should have a proven track record in translating strategy into actionable growth plans that deliver both near-term impact and long-term enterprise value, deep expertise across the travel and airline ecosystem, and experience owning and scaling revenue portfolios as well as negotiating complex agreements. Guided by a high decency quotient, this Vice President should be able to navigate matrixed environments and build C-level relationships across the travel segment with ease.

Role

In this client-facing position, you will:

•Own the go-to-market and revenue strategy for a portfolio of high-impact travel clients, including global airlines, hotel chains, and digital travel intermediaries.

•Negotiate and oversee complex multi-year deals based on partnership strategies developed in collaboration with travel revenue, distribution, technology and CX leaders across the travel value chain

•Identify and assess new commercial opportunities across the travel value-chain, leveraging Mastercard’s payments and beyond-payments capabilities with innovative ideas

•Lead the design and delivery of differentiated programs, that that drive spend, increased revenue yield, engagement, and retention.

•Orchestrate high-performing, matrixed teams across multi-functional stakeholders, while also engaging as a collaborative partner or contributor when appropriate, to ensure seamless execution.

•Strengthen Mastercard’s brand as a trusted partner to the travel sector through executive-level influence and storytelling.

•Lead, mentor, and develop high-performing teams with a focus on accountability, inclusion, and growth.

All About You

The ideal candidate for this position should:

•Bring extensive travel industry expertise from senior commercial roles within airlines and/or the broader travel industry.

•Have demonstrated success in leading multi-million-dollar P&Ls, developing C-level relationships and negotiating high-impact partnership deals.

•Be able to engage and influence C-level clients and internal senior stakeholders across complex, matrixed environments.

•Analytically strong, understands P&L drivers of ecosystem players, and comfortable with business case development, performance forecasting and translating strategy into clear actions.

•Be skilled in leading cross-regional teams and working across internal and external multi-stakeholder groups to execute integrated initiatives.

•Be known for growing talent, fostering inclusion and leading high-performing teams in matrixed settings.

•Innovative and entrepreneurial mindset to understand emerging trends, new innovative solutions to drive value at ecosystem level

Corporate Security Responsibility

Every person working for, or on behalf of, Mastercard is responsible for information security. All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and therefore, it is expected that the successful candidate for this position 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.

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.