Job Title:

Director - Product Development - Mastercard Foundry

Overview:

Overview

Mastercard Foundry is the innovation engine of Mastercard and a hub for new product development. We do this by driving product innovation in emerging technologies and interfaces while focusing on developing a point of view to enhance existing solutions and new use-cases. We also focus on building revenue generating ecosystems and flywheels that can be standalone in adjacent segments and markets. Examples of focus areas include commercial payments, new payment flows, real time payments, data and services.

Within Foundry, the Director, Product Development will be supporting the execution of new to market product development across Mastercard Security Solutions and Services. Role responsibility includes identification, execution, and in-market delivery of new products and solutions. The responsibilities will include execution of near-term opportunities that drive significant in year revenue and strategic differentiation for Mastercard, as well as scoping, identification, in-market testing of longer-term product concepts and solutions.

Role

• Engage in idea generation for new to market products and solutions including workshop facilitation and collateral development.
• Facilitate the development of product concepts and prototypes, including independently owning and delivering key workstreams.
• Partner with Product & Engineering and Foundry's CX&D team on concept validation and market testing.
• Contribute/own business case development and go-to-market planning for individual products.
• Own and deliver high quality materials to facilitate internal and external decision making.
• Foster innovation and new idea generation
• Lead cross functional workshops and manage follow up actions to completion.
• Partner with CXD, Product and R&D teams by providing prioritized requirements.
• Work within a matrix organization to influence and drive outcomes within tight timelines.

All About You

• Strong product development and management experience, including rapid opportunity identification, concept development, product requirements and user stories, business model innovation, and in-market testing of global products is preferred.
• In-depth understanding of the payment ecosystem, flows, and financial crime and security challenges.
• Understanding of Agentic Commerce and prior experience in the space required.
• Previous experience working in the payments innovation space delivering new to market value propositions strongly preferred.
• Strong analytical, verbal and written communication skills.
• Critical thinker that is comfortable with technical details, and experience working with R&D teams.
• Flair in connecting people and ideas; ability to operate in a matrix environment.

To find US Salary Ranges, visit People Place. Under the Compensation tab, select "Salary Structures." Within the text of "Salary Structures," click on the link "salary structures 2025," through which you will be able to access the salary ranges for each Mastercard job family. For more information regarding US benefits, visit People Place and review the Benefits tab and the Time Off & Leave tab.