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Company: Mastercard
Location: Purchase, NY
Career Level: Executive
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

Vice President, Healthcare Commercial Payments Overview:
Based in Purchase, NY, the VP, Healthcare Commercial Payments will report to the SVP, Healthcare Commercial Payments within Mastercard's Commercial and New Payment Flows product group (CNPF). The VP will lead the execution of Mastercard's strategy in healthcare globally, driving adoption of existing products, supporting the creation of new products, and forming strategic partnerships. You will play a key role in supporting the SVP in building out the global healthcare team to drive Mastercard's penetration of key healthcare payment flows around the world, and ensure that healthcare is a foundational vertical within Mastercard's commercial payments business.

Role:
Identify unmet market needs, prioritize opportunities across regions and customer segments, and orchestrate Mastercard's full ecosystem to develop solutions that will scale in healthcare

• Collaborate closely with global and regional teams in developing and implementing new existing solutions or enhancing existing solutions
• Work closely with regional teams and other teams around the organization to commercialize products and solutions in healthcare
• Participate directly in business development and go-to-market with external customers
• Act as a subject matter expert for healthcare within Mastercard and evangelize healthcare as a strategic priority for CNPF
• Partner with key support functions such as technology, finance, legal, etc. to ensure that Mastercard standards are met in a manner performative in healthcare
• Build and manage strategic partnerships with healthcare ecosystem partners platforms, fintechs, and other players to fill product and capability gaps or to enhance the value proposition of existing Mastercard products
• Help the SVP to build, lead, and develop a high-performing global team in healthcare
• Provide thought leadership, consultancy, and input to senior teams around Mastercard
• Help the SVP to foster a culture of collaboration, accountability, innovation, and thoughtful risk-taking

All About You:
• Bachelor's Degree, MBA or other advanced degree preferred
• Understanding of the healthcare ecosystem is a must, particularly:
o Understanding of how healthcare products and services are reimbursed in the US and other markets
o The flow of economics between patients, providers, and payers
o General familiarity with the US healthcare revenue cycle
• Product management experience in payments, fintech, or HCIT a strong plus
• Experience in healthcare outside the US a strong plus
• Strong general business and financial acumen, with ability to translate strategy into execution and measurable outcomes
• Experience leading complex cross-functional projects and matrixed teams
• Demonstrated ability to build relationships and partner with senior stakeholders as well as external customers and clients
• Experience leading and mentoring high-performing teams
• Excellent written and verbal communication skills, and ability to lead presentations with senior stakeholders 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 and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. 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 of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 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; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.

Pay Ranges

Purchase, New York: $235,000 - $375,000 USD


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