Director, Product Strategy

at  MasterCard

Our Purpose
We work 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. We cultivate a
culture of inclusion
for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.
Title and Summary
Director, Product Strategy
Overview
We are seeking a visionary and dynamic Director of Product Strategy to lead our product development initiatives and drive the strategic direction of our product offerings. The ideal candidate will have a strong background in product management, market analysis, and team leadership. This role requires a strategic thinker with a keen ability to identify market opportunities and translate them into actionable roadmaps to enhance our product portfolio and market position.

Key Responsibilities

• Strategic Planning: Develop and implement comprehensive product strategies that align with the company’s overall vision and goals.
• Market Analysis: Conduct thorough market research to identify trends, challenges, and opportunities in the industry. Use insights to inform product strategy and development.
• Product Development Oversight: Oversee the product development process from concept to launch, ensuring that products meet market needs and are delivered on time and within budget.
• Cross-functional Collaboration: Work closely with marketing, sales, and engineering teams to ensure strategic goals are integrated across all departments.
• Performance Metrics: Define and analyse key performance indicators to evaluate the success of product strategies and make data-driven decisions for future initiatives.
• Stakeholder Communication: Serve as the key point of contact for product strategy matters among executive leadership, providing regular updates and strategic recommendations.

All About You
An established leader with outstanding management skills and the proven ability to build and inspire teams to achieve objectives.
Excellence in customer need-driven product management and end-to-end product lifecycle management.
Experience in managing development of products with and for financial institutions and schemes. Background in cross border, financial crime, open banking, gateways, value added services or wallets necessary.
A commercial focus that leads to corporate growth through proven experience of business case development, revenue generation and cost control.
A communicator and influencer, with ability to forge strong relationships at all levels.
Demonstrated leadership capabilities to drive alignment across a matrixed organization and teams.
Outstanding collaboration and interpersonal communication skills.
Ability to think strategically about complex issues, driving thoughtful recommendations and action plans.
Ability to multi-task and work on multiple projects in a fast-paced environment
Ability to quickly conceptualize and express lines of thinking.
Account-to-account payments experiences desirable.
Industry thought leader with broader payments market background, capable of setting a vision.
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.

Key Responsibilities

• Strategic Planning: Develop and implement comprehensive product strategies that align with the company’s overall vision and goals.
• Market Analysis: Conduct thorough market research to identify trends, challenges, and opportunities in the industry. Use insights to inform product strategy and development.
• Product Development Oversight: Oversee the product development process from concept to launch, ensuring that products meet market needs and are delivered on time and within budget.
• Cross-functional Collaboration: Work closely with marketing, sales, and engineering teams to ensure strategic goals are integrated across all departments.
• Performance Metrics: Define and analyse key performance indicators to evaluate the success of product strategies and make data-driven decisions for future initiatives.
• Stakeholder Communication: Serve as the key point of contact for product strategy matters among executive leadership, providing regular updates and strategic recommendations

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