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Manager, Strategy Pricing & Interchange

Mastercard

Manager, Strategy Pricing & Interchange

Mastercard

Gurgaon, India

·

On-site

·

Full-time

·

1mo ago

Benefits & Perks

Competitive salary and equity package

Comprehensive health, dental, and vision insurance

Parental leave

Flexible work arrangements

Generous paid time off and holidays

401(k) matching

Equity

Healthcare

Parental Leave

Flexible Hours

Required Skills

React

JavaScript

PostgreSQL

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

Manager, Strategy Pricing & Interchange

Overview:

The Asia Pacific Pricing & Interchange team: partners across the Asia Pacific divisions to execute changes in economics aligned to product- and market-led strategy under a consistent strategic framework. The team develops, implements and manages interchange strategies, for both our traditional business and new emerging opportunities or technologies.

  • Manager
  • Pricing & Interchange
  • This role supports the 'Customer Economics' function for South Asia Market. The role offers the incumbent an opportunity to manage Customer Economics using Pricing and Interchange, a strategically important aspect of our business.
  • Customer Economics responsibilities would entail an understanding of Payments business and associated revenues for various stakeholders, understanding of payment transaction flows, ability to build financial models, competence in data analysis to gather useful insights, and understanding of regulatory guidelines, among others. The role is expected to support the Sales and Business Development teams in winning market-share for Mastercard by developing a balanced framework of Customer Economics factoring in local market realities.
  • A candidate high on energy with solid analytical skills, comfort with data/numbers, deep sense of accountability and ownership, strong execution focus, and a collaborative mindset, would be most likely to succeed in the role.
  • This is an individual contributor role.
  • Role/Responsibilities
  • Support development and execution a sound strategy to maintain a balanced Customer Economics framework for customers of Mastercard in South Asia by necessary interventions in Pricing and Interchange
  • Use necessary tools and knowledge to achieve this objective, such as financial modelling, data analysis, competition benchmarking, regulatory scan, etc.
  • Work with Master Card regional and global cross functional teams, as well as local Sales and Business Development teams, to understand business priorities and execute accordingly

Experience:

  • Experience in Pricing/Business Analytics/Forecasting & Reporting would be desirable
  • Candidates having experience in Payments or Banking would be preferred
  • Candidate must be able to integrate knowledge across disciplines, including sales, product, marketing, operations, and risk.
  • Skills & education
  • Self-driven, organized and pro-active with strong influencing and negotiation skills
  • Able to multi-task and work well in a small team leveraging colleagues' skills
  • Commercially focused with good analytical skills
  • Strong verbal and written communication skills
  • High proficiency in using analytical tools and applications, including MS Excel & MS PowerPoint
  • Collaborative and consultative approach; ability to partner well with regional and global teams
  • Post Graduate; CA/ICWA/MBA-Finance preferred.

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.

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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

Director

Director · Director, Experience Strategy

1 reports

$195,500

total / year

Base

$170,000

Stock

-

Bonus

-

$195,500

$195,500

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