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Company: Mastercard
Location: Salt Lake City, UT
Career Level: Director
Industries: Banking, Insurance, Financial Services

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

Director of Product Management – Open Banking 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.

Services within Mastercard is responsible for acquiring, engaging, and retaining customers by managing fraud and risk, enhancing cybersecurity, and improving the digital payments experience. We provide value-added services and leverage expertise, data-driven insights, and execution.

Role
We are seeking a strategic and results-driven Director of Product Management to join our Open Banking product management team. The successful candidate will lead the development of transaction enrichment products, that will provide our customers with best-in-class data standardization, cleansing and enhancement for utilization across a wide range of use cases. These solutions will help our customers realize stronger Personal Financial Management (PFM) experiences, personalized product and marking segmentation, and much more.

Key Responsibilities:

Product Leadership:
• Strategic Vision: Define and execute the product strategy, roadmap, and priorities for the new consumer data sharing and data management solution. Ensure alignment with Mastercard Open Banking overall objectives and market needs.
• Product Development: Lead the ideation, development, and launch data aggregation and data enrichment services. Oversee all stages of the product lifecycle, from concept to delivery.
• Customer Testing: Test the product value proposition, desirability, and feasibility with customers. Gather and analyze feedback to validate assumptions and refine the product.
• Iterative Improvement: Adjust product requirements based on customer feedback throughout the product development lifecycle. Ensure continuous improvement and alignment with user needs.
• Cross-Functional Collaboration: Work closely with engineering, design, and other cross-functional teams to deliver the product roadmap. Ensure timely and efficient execution of product development stages.
• Stakeholder Engagement: Engage with external stakeholders, including data providers, 3rd parties, and customers, to gather feedback and ensure the solution meets market needs.
• Client Focus: Prioritize client requirements and reflect them in the product roadmap and development process.

Qualifications:

• Product management experience, with a focus on data management or financial technology solutions.
• Proven track record of leading product development from concept to launch.
• Experience in agile product development and methodologies
• Expertise in product development tooling and product roadmap best practices
• Knowledge of consent management, data sharing, and data security practices.
• Experience with APIs and their use in product development.
• Experience working with Data Science teams and AI model development
• Excellent leadership, communication, and stakeholder management skills.
• Ability to work under pressure in a fast-paced, cross-functional environment.
• Knowledge of Open Banking practices, regulations, and standards is preferred.

Key Behaviors:

• Execution Focus: Works to establish priorities and clear milestones, and works with urgency to drive the delivery of tangible outcomes.
• Customer Focus: Understand and champion customer needs.
• Curious & Creative: Ask the right questions, seek feedback, and solve complex challenges.
• Organized & Detailed: Attentive to details and able to structure tasks efficiently.
• Thoughtful: Thinks through challenges and proactively analyzes options based on data to offer thoughtful recommendations.
• Resilient: Maintains composure under tight deadlines and evolving business requirements.

Who should apply?

A successful candidate for this role will combine strategic vision with hands-on product management expertise and execution. They will have a proven track record of leading product development from concept to launch, particularly in the areas of data management or financial technology solutions. Their ability to work under pressure in a fast-paced, cross-functional environment will be crucial.
The ideal candidate will excel in agile product development, utilizing best practices and tools to drive the product lifecycle efficiently. They will demonstrate strong leadership and communication skills, effectively engaging with stakeholders and prioritizing client requirements. Their knowledge of consent management, data sharing, and data security practices, along with experience in Open Banking, will ensure they can navigate the complexities of this evolving field. Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

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.

In line with Mastercard's total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance), flexible spending account and health savings account, paid leaves (including 16 weeks new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 5 personal days, 10 annual paid U.S. observed holidays, 401k with a best-in-class company match, deferred compensation for eligible roles, fitness reimbursement or on-site fitness facilities, eligibility for tuition reimbursement, gender-inclusive benefits and many more.

Pay Ranges

Salt Lake City, Utah: $148,000 - $237,000 USD


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