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Director, Product Development, Acceptance Innovation & New Business Models

Mastercard

Director, Product Development, Acceptance Innovation & New Business Models

Mastercard

Lisbon, Portugal

·

On-site

·

Full-time

·

1mo ago

Benefits & Perks

Creative work environment

Team offsites

Professional development

Remote work options

Flexible PTO policy

Comprehensive health benefits

Learning

Required Skills

Google Analytics

HubSpot

Salesforce

About Us

At Mastercard, we're powering economies and empowering people, building ​ a sustainable economy where everyone prospers.

Size: 10000+ employees
Industry: Consulting, Financial Services, Technology, Fintech

View Company Profile

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, Product Development, Acceptance Innovation & New Business Models

The role is part of the global Acceptance Innovation & New Business Model team. This is an opportunity to be part of a highly motivated and creative team focused on scaling digital in-store and online payment experiences across the globe. We are looking for a top performer with entrepreneurial spirit and ambition to play a key role in leading Mastercards efforts to secure new growth opportunities while working with exceptional colleagues around the globe.

  • Primary responsibilities
  • Perform market analysis to understand needs and challenges of targeted verticals, identify opportunities for acceptance growth across geographies.
  • Define value and transactions drivers as well as product & business requirements for the development of new business models that enable acquirers, merchants and/or other acceptance ecosystem participants to grow Mastercard payment share within overall payments.
  • Manage the innovation pipeline and guide new initiatives from early to advanced development stages, leaning into Mastercard's innovation processes.
  • Develop internal and external partnerships and negotiate vendor contracts
  • Obtain executive sponsorship for new business model frameworks at Mastercard's C-level.
  • Implement & execute best practice frameworks including economics, franchise rules & participation, acceptance value proposition, and liability shift & payment guarantees across regions and segment specific use cases.
  • Align cross-functional stakeholders across franchise, legal, product, and technology to jointly go-to-market with new business models
  • Synthesize new business model frameworks and pain points to simplify and communicate Mastercards broader eco-system, including issuers, acquirers, payment facilitators, payment service providers, and government regulators (where applicable).

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  • Track and report metrics supporting new business models, for example growth in pre-authorization, transaction splitting, conversion from terminal to online.

  • All About You• Strong entrepreneurial and analytical skills, experience in developing and translating strategies into implementation plans across multiple markets.

  • Product management and product marketing experience with excellent business acumen, strategic thinking, people management and relationship building skills.

  • Experience in developing and translating business model strategies into product launches and implementation plans across multiple markets.

  • Competency in pricing, financial reporting, business model creation.

  • Proven record of writing concise and accurate documentation with thorough attention to detail.

  • Excellent verbal communication, comfortable presenting, influencing, and negotiating at senior management level, able to shift gears for audiences from different business disciplines of varying technical ability.

  • Self-starter with a strong work ethic and highly organized, holding self and others to high standards, able to work autonomously and as part of a team, fostering a positive team culture• Open and creative; comfortable with uncertainty in a changing/fast paced environment.

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.

Client-provided location(s): Lisbon, Portugal

Job ID: Mastercard-22331_R-240355

Employment Type: OTHER

Posted: 2025-05-08T00:09:20
Apply on company site

Perks and Benefits

Health and Wellness

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Short-Term Disability
  • Long-Term Disability
  • FSA
  • FSA With Employer Contribution
  • HSA
  • HSA With Employer Contribution
  • Fitness Subsidies
  • On-Site Gym
  • Pet Insurance
  • Mental Health Benefits
  • Virtual Fitness Classes
  • Health Reimbursement Account

Parental Benefits

  • Birth Parent or Maternity Leave
  • Non-Birth Parent or Paternity Leave
  • Fertility Benefits
  • Adoption Assistance Program
  • Family Support Resources
  • On-site/Nearby Childcare
  • Adoption Leave

Work Flexibility

  • Flexible Work Hours
  • Remote Work Opportunities
  • Hybrid Work Opportunities

Office Life and Perks

  • Commuter Benefits Program
  • Casual Dress
  • Happy Hours
  • Snacks
  • Company Outings
  • On-Site Cafeteria
  • Holiday Events
  • Some Meals Provided

Vacation and Time Off

  • Paid Vacation
  • Paid Holidays
  • Personal/Sick Days
  • Leave of Absence
  • Volunteer Time Off

Financial and Retirement

  • 401(K) With Company Matching
  • Performance Bonus
  • Relocation Assistance
  • Financial Counseling
  • Stock Purchase Program
  • 401(K)
  • Company Equity

Professional Development

  • Tuition Reimbursement
  • Promote From Within
  • Mentor Program
  • Access to Online Courses
  • Lunch and Learns
  • Internship Program
  • Work Visa Sponsorship
  • Leadership Training Program
  • Associate or Rotational Training Program
  • Shadowing Opportunities

Diversity and Inclusion

Employee Resource Groups (ERG)

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About Mastercard

Mastercard

A financial network that processes payments between banks and cardholders

10,001+

Employees

Purchase

Headquarters

$360B

Valuation

Reviews

4.1

15 reviews

Work Life Balance

4.0

Compensation

3.5

Culture

3.5

Career

3.0

Management

3.0

65%

Recommend to a Friend

Pros

Good work-life balance reputation

Competitive compensation packages

Strong benefits and perks

Cons

Recent layoffs and job insecurity

Limited negotiation flexibility on salary

No RSUs for some positions

Salary Ranges

32 data points

L4

L5

L6

L7

L8

Director

L4 ·

0 reports

$363,151

total / year

Base

-

Stock

-

Bonus

-

$308,678

$417,624

Interview Experience

7 interviews

Difficulty

3.3

/ 5

Duration

14-28 weeks

Offer Rate

29%

Experience

Positive 0%

Neutral 86%

Negative 14%

Interview Process

1

Application Review

2

Recruiter Screen

3

Technical Interview

4

Behavioral Interview

5

Final Round/Super Day

6

Offer Decision

Common Questions

Coding/Algorithm

Technical Knowledge

Behavioral/STAR

System Design

Past Experience