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Mastercard

Director - Mastercard Send Product Development & Innovation

Posted 8 Days Ago
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Pune, Maharashtra
Senior level
Pune, Maharashtra
Senior level
The Director of Mastercard Send Product Development and Innovation will lead the product development initiatives for Mastercard's Send platform, collaborating with global teams to design innovative payment solutions. Responsibilities include market analysis, prototype management, stakeholder engagement, and product commercialization strategies to enhance the Send service's capabilities and scalability across diverse markets.
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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 - Mastercard Send Product Development & Innovation

Overview
Mastercard Send is a real-time payment solution that enables fast and secure payment transfers to and from billions of card, bank, and digital accounts around the world, domestic and cross border. Through a single connection to Mastercard Send, businesses, merchants, governments, humanitarian organizations, financial institutions and others can send money to consumers and small businesses domestically and cross border. The service supports multiple use cases, e.g., person-to-person, business to business, disbursements, remittances and merchant payments.
Role-Director, Product Development
The Director, product development and innovation will be responsible for executing on Send platform innovation agenda. The director will engage with regional teams, strategic customers, vendors, global product and user experience teams to build out the construct for new product ideas, design scalable solutions and support strategic/pilot customers through launch.
Key responsibilities include:
• Partner with stakeholders in global product and regions to analyze different markets, segments to understand the gaps in our product set and develop products and solutions to meet market demand.
• Create or manage the development of prototypes and POCs engaging with Vendors and Mastercard Labs organization that allow Mastercard Send product team to validate new ideas/solutions and collect customer feedback.
• Work closely with regional partners and commercialization teams on concept assessment and formulate approaches to the problems that can then be vetted with the broader Send team. Inform the product roadmap of Mastercard Send by articulating the solutions before product development is engaged on a project.
• Actively partner with other product functions across Digital, Core Switch, Payment Gateway, Billing teams to integrate activities and co-create solutions.
• Deliver services to the market which will allow Send to scale across multiple use cases and geographies with new and existing customers.
• Lead the design of the next generation of Send with a set of cross-functional teams (e.g. Core Network solutions, Next Edge, Payment Gateway, Services) which would advance the flexibility, security and scale of Send allowing for the product to continue to grow while gaining competitive advantage.
• Engage cross functional stakeholders (legal, compliance, product operations, product delivery) for Send product commercialization - Identify customer needs, recommend/ refine solutions, identify new/enhanced features for product roadmap
Requirements:
• Have an entrepreneurial approach and vision; proactive self-starter seeking initiatives to advance
• Deep experience in translating and applying customer feedback to designing solutions
• Experience with diverse markets and use cases in the funds transfer space
• Solid understanding of the card and payment space
• Strong strategic thinking across technology and business with strong execution track record
• Knowledge of payments data standards and with preferred knowledge of card processing
• Superior communication, presentation and interpersonal skills including the ability to work with and influence executive management, internal constituents, and senior level customer contacts
• Track record of driving strategic alignment with stakeholders
• Excellent Problem-Solving skills - pursues alternative ways to solve client problems, address difficult situations, and produce actionable recommendations
• Exhibits tenacity, encourages healthy debate, and challenges conventional thinking

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.




Top Skills

Payments

Mastercard Pune, Maharashtra, IND Office

Poona Club Road, Pune, Maharashtra, India, 411001

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