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Senior Specialist, Product Management

Mastercard

Senior Specialist, Product Management

Mastercard

Pune, India

·

On-site

·

Full-time

·

2w ago

Required Skills

Product management

Strategic thinking

Data analysis

Communication

Project management

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

Senior Specialist, Product Management

Overview:

Senior Specialist, Network Products will join a team leading product strategy, roadmap and execution of the future of Mastercard’s global card payments network. The network is the company's core strategic asset, directly driving over $8 billion in revenue and providing the platform for our other key services.

The successful candidate will help define and execute the strategy and product management for Mastercard’s Authorization product offering that enables real-time data and financial request exchange to enable transaction completion. Authorization is an essential component of our network and a foundational part of Mastercard’s business. The role will support the development and market rollout of functional upgrades and new product offerings, as well as other initiatives including changes to our Franchise rules, operations, and pricing.

The team’s goal is to ensure the long-term competitiveness of our card network versus alternatives, for existing and new payments use cases; and to grow revenue by delivering more value to our bank customers, as well as cardholders and merchants.

The role

  • Participate and lead projects for technical platform enhancements to address market needs

  • Shape and pursue new product and pricing opportunities; drive new offerings from concept to market, and go to market process, in partnership with regional product leads and market teams

  • Propose and drive changes to Mastercard Franchise or other rules or programs to drive outcomes beneficial to the ecosystem, including cardholders, merchants and financial institution customers

  • Partner with internal and external stakeholders to gather feedback, understand needs, shape proposals and drive execution

  • Perform high-quality analysis for identifying opportunities, preparing business cases for proposed solutions and estimating impact

  • Present overviews of your approach, proposals and progress to key decisionmakers and Product leadership

  • Maintain an independent mindset and view of the facts, develop a strong view of the best available approaches, make a compelling case and push hard for the right outcome – and stay flexible and pragmatic in your approach to getting things done

  • The candidate

  • Prior experience in payments is preferred

  • Strong organizational and workstream management skills

  • Superior communications, visual and verbal presentation, and interpersonal skills

  • Excellent analytical skills and relevant experience is required

  • Desire to dive deep and learn about our technology, system structure, and rules

  • Business-oriented and strategic mindset in product development and decision-making

  • Flexibility to work with ambiguity and handle multiple projects

  • Demonstrated ability to work independently and with minimal day-to-day supervision

  • Ability to interact and build relationships with all levels of leadership across the organization and with internal and external clients

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

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