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Senior Specialist, Product Management (Product Manager | Payments | Merchant Services | Fintech | Banking Experience)

Mastercard

Senior Specialist, Product Management (Product Manager | Payments | Merchant Services | Fintech | Banking Experience)

Mastercard

Pune, India

·

On-site

·

Full-time

·

1mo ago

Benefits & Perks

Competitive base salary and bonus

Flexible work arrangements

Comprehensive benefits package

Generous vacation policy

Team building events

Parental leave

Flexible Hours

Parental Leave

Required Skills

Jira

SQL

Figma

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

Senior Specialist, Product Management (Product Manager | Payments | Merchant Services | Fintech | Banking Experience)

Overview:

  • Acts as an incubation phase for the creation of new products

  • Roles in this family focus on product development/management; that lead the definition and delivery of a new products and enhancements as a product manager in Mastercard Payment Gateway team to meet current and future business needs (eg, consumer, merchants, banks, governments, issuers)

  • Role

  • Core Areas (Acquiring, Gateways, Product Development, Alternate Payment Methods)

  • Generates new and innovative product solutions that support organizational or product/segment strategy

  • Owns the definition and delivery of strategic initiatives that articulate the product requirements and technical solutions required to enable this critical capability and change how commerce occurs online.

  • Identifies and consolidates development needs from product management teams and regional stakeholders

  • Collaborates with internal and external stakeholders to accomplish product development directives and initiatives

  • Performs assigned tasks in the product development life cycle, monitors project roadmaps for specific development projects and supports budget management

  • Participates in development of functional specifications/requirements specific products, pilot product launches and in business awareness sessions/trainings

  • Provides functional information to technical developers on translating product requirements into technical specifications

  • Monitors the efficiency of development and implementation processes, and contributes to continuous improvement efforts

  • All about you

  • Has in-depth knowledge of the payment domain, acquiring & gateway business, alternative payment channels

  • Has strong background in product management with ability to identify innovative product features by drawing insights from competitor market data

  • Experience executing on product features and enhancements and gaining awareness of underlying platform capabilities and limitations

  • Has an understanding of underlying platform capabilities and limitations by executing on features and enhancements

  • Brings about holistic product design mindset with an empathetic understanding of user journey.

  • Is able to document product functionalities well to enable implementation efficiently.

  • Has experience in working in an Agile development environment, SAFe expertise as a big plus

  • Has the right attitude to be a team player and managing multiple stakeholders

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:

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  • 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): Pune, India

Job ID: Mastercard-22331_R-259527

Employment Type: OTHER

Posted: 2025-09-10T19:26:23
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