R-292309 Vice President, Franchise Innovation

MASTERCARD ASIA/PACIFIC PTE. LTD.; Singapore; On-site; SGD 200,000 - 260,000; Full time

Job summary

Mastercard Asia/Pacific Pte. Ltd. is seeking a role within the Franchise Innovation team to drive innovative payments solutions across the Asia Pacific region.

The role focuses on developing new business models and technology for growing franchise opportunities and enabling interoperability for end users and customers. The position reports to senior regional leaders and requires deep knowledge of payments, crypto or open banking, strong analytical and collaboration skills, and the ability to

Qualifications

• Extensive knowledge of payments business and account-based payments, crypto or open banking.
• Attention to detail and strong business acumen with solutions orientation.

Responsibilities

• Create and deliver corporate strategies for innovative solutions and new product flows.
• Provide franchise thought leadership for growth opportunities and governance.
• Develop concepts to expand franchise while protecting assets.

Skills

Payments knowledge

Open banking

Crypto awareness

Analytical thinking

Cross-functional collaboration

Communication skills

Education

Bachelor's Degree

Job description

About the Opportunity:

MasterCard operates the world's fastest payment processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Every day, everywhere, we use our technology and expertise to make payments safe, simple and smart. We know safety and security are the top priorities of our customers, cardholders and partners, so we won't stand still in developing new and better ways to keep payments safe.

About the Role:

The Franchise Innovation team is passionate about doing well by doing good.

Our mission is to enhance and evolve our existing Franchise offerings - and to create the new business models and technology for our growing business in both new payments and data.

This role is part of specialized team focusing on innovative solutions to support Mastercard's customers within the diverse Asia Pacific region enabling our business to expand into new opportunities where Franchise-enabled solutions can be leveraged to drive scale, enable interoperability, create compelling world class experiences for end users and deliver differentiating value to our customers.

This position has a dual reporting line into the SVP, Franchise AP regional lead and the SVP, Franchise Innovation vertical lead.

Accountabilities:

• Create and deliver on corporate strategies that drive innovative solutions for new business initiatives and product flows such as push-based account payments, digital assets (crypto, central bank digital currencies, identity solutions, open banking.
• Provide franchise thought leadership with regards to enabling new growth opportunities and improve pace of internal decision making for new rules developments
• Develop new concepts that support expanding the franchise and creating additional value for Mastercard and its customers, while at the same time ensuring the integrity of our assets
• Stay ahead of business trends related to new market and business opportunities; understand/communicate potential impact on licenses, rules, compliance and systems
• Provide direction for new products and new customer types to transform the payment ecosystem, based on nuanced regional/country landscapes advancement of industry rules and standards.
• Leverage input from internal stakeholders to enhance and align existing and new requirements on standards as well as Mastercard assets to enable Franchise growth
• Ensure new products/platforms will protect the brand integrity while driving new business and/or protecting existing business.
• Execute on the team goals to achieve Franchise priorities in tandem with regional business objectives;

Requirements:

• Extensive knowledge of our payments business and experience in account-based payments, crypto or open banking
• Attention to detail, strong business acumen and solutions-orientation are critical, as is an ability to demonstrate thought leadership
• Technical and/or product development experience
• Strong analytical, problem solving, agility and creative thinking skills
• Strong interpersonal skills with demonstrated cross functional/cross regional collaboration and teamwork
• Solutions oriented / results driven capabilities
• Ability to interact effectively with internal and external business partners
• Excellent communication skills, both verbal and written - ability to build compelling presentations
• Periodic travel required
• Bachelor's Degree