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Principal, Services Business Development

Mastercard

Principal, Services Business Development

Mastercard

Santo Domingo, Dominican Republic

·

On-site

·

Full-time

·

2w ago

Required Skills

Business Development

Sales Management

Project Management

Team Leadership

Problem Solving

Communication

Analytical Skills

Spanish

English

Principal, Services Business Development

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.

Overview

Mastercard Services, the professional services arm of Mastercard, provides payments-focused consultancy services to financial institutions, governments, and merchants worldwide. With unique category expertise, deep understanding of customer needs, and a successful track record in addressing complex challenges throughout the payment lifecycle, Mastercard D&S addresses clients' challenges and opportunities, enhances Mastercard's strategic and tactical performance, and establishes Mastercard as a global thought leader.

Role Description

Principal, Business Development, is an active team member who contributes to achieving sales targets and generating and closing opportunities with Mastercard's clients. While the individual is not expected to be a subject matter expert in the payments industry, he/she will demonstrate consultative sales management experience, problem-solving skills, and the ability to manage the day-to-day relationship with clients.

Sales & Relationship Responsibilities

The candidate should be able to:

  • Engage in effective working relationships with internal and external clients
  • Capture clients' implicit business needs in addition to articulated requests and identifying the most critical aspects of the problem to be solved
  • Lead formal and informal pitches, from "storyboarding" through the face-to-face presentation, and create concise, persuasive written materials tailored to the "level" of the audience
  • Effectively manage a pipeline of proposals from early lead stages through to signature
  • Deliver on the numbers
  • Proactively seek new knowledge and skills and facilitate the development of intellectual capital

Project Responsibilities

The candidate should be able to:

  • Coach and provide feedback to team members
  • Support the project team in:
  • Problem-solving efforts and structuring project work plan
    • Formulating, articulating, and prioritizing project activities
    • Creating and delivering concise, persuasive, and compelling presentations
    • Overseeing the accuracy, quality, and timeliness of analyses
    • Developing conclusions and recommendations

Required Experience

  • Undergraduate degree required
  • MBA or relevant post-graduate degree preferred
  • 15+ years of work experience in a top-rated management consulting firm preferred
  • 8+ years of experience in managing projects and teams
  • Payments industry experience desirable
  • Strong commercially/business development oriented experience
  • Strong relationship management skills
  • Technical fluency (i.e., comfortable with technology solutions, able to discuss trends and simplify concepts)
  • Work experience in management consulting preferred
  • Ability to work on a team or independently, and to influence and build consensus
  • Ability to multi-task in a fast-paced, deadline-driven environment
  • Strong analytical and problem-solving skills
  • Excellent verbal and written communication skills
  • Experience in managing projects and teams
  • Fluency in Spanish and English

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
  • 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

Junior/L3

Director

Junior/L3 · Data Engineer

5 reports

$137,800

total / year

Base

$106,000

Stock

-

Bonus

-

$107,900

$166,918

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