MasterCard Vice President, Ecosystem Solutions in Cairo, Egypt
We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion (https://www.mastercard.us/en-us/vision/who-we-are/diversity-inclusion.html) for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.
Vice President, Ecosystem Solutions
The Emerging Markets Solutions team is part of the Global Acceptance Solutions organization. The team is being formed with the vision to ‘Make Mastercard the Best Way to Pay in Emerging Markets’. This team's bold ambition is to impact 3 to 4 billion of the world's population, using new solutions with non-traditional and innovative channel partners in countries where our traditional card and POS model has not reached critical mass over the past 50 years.
The core responsibility of the VP of Ecosystem Solutions is to lead a team of solution architects as part of the Emerging Market Acceptance Solutions team and will play an instrumental role in turning market challenges and insights into opportunities for expanding digital payments to unpenetrated communities of merchants and consumers.
Analyze and form a deep understanding of the market dynamics, ecosystem players, regulation, payment economics, payment technology infrastructure to identify gaps where Mastercard can add significant value.
Understand the variety of functional capabilities within Mastercard across the different parts of the organization that can be leveraged to create solutions for a specific segment or the wider market
Co-create the acceptance expansion strategy with the country team leveraging a variety of Mastercard capabilities such as QR (push or pull), P2P, MNO solutions, BNPL, Contactless (if and where relevant), eCom, MPGS, NPP, Real-Time Payments, Foundry… in addition to non-technical capabilities, such as Franchise rules and services, Pricing and Interchange, mergers & acquisitions and others
Ensure that the market strategy is aligned to Mastercard’s global strategy and can contribute to the growth of the network effect globally (cross-border opportunities – interoperability – scalability - replicability)
Act as a point of contact with different global subject matter experts of the different capabilities that constitute components of the segment specific or market wide solutions
Create, own and govern the RACI model for the market solution blueprint to ensure timely implementation of the solutions bringing the strategy to life
Exchange learnings and best practices with other emerging markets of similar archetype, analyze best practices, support further markets with techniques and proven methods to scale solutions faster
Review, challenge and consolidate the market and segment needs to feed product development with the most impactful and scalable product concepts and constructs
This is the senior-most role in the Global Acceptance Solutions Hub in Cairo. The VP of Ecosystem Solutions will play an exemplary, guidance and coaching role to all members of the Hub, whose direct managers are remotely located.
All about you:
We are looking for a person who is passionate about the above stated vision and mission and who has strong proven experience in:
People leadership skills that inspire creativity and passion to make an impact
Consulting experience in multiple markets, and the ability to form an understanding of complex markets / ecosystems, analyzing their dynamics, success drivers and economics
Entrepreneurial and a creative thinker to solve business and technology challenges that arise
Flexible and adaptable to ambiguity and changing course inherent in the innovation process
Strong business acumen and technical aptitude
Understands the existing core & digital Mastercard products and has experience in implementing, launching, or scaling them
Has demonstrated strategic thinking and a strong execution track record
Track record of influencing and driving strategic alignment with cross-functional stakeholders
Translating insights into actionable strategies and plans oriented around driving business growth, positive customer experience, and brand perception
It’s an advantage if the candidate:
o Has worked or lived in multiple geographies, both in developed and emerging markets
o Has first-hand experience with MoneySend, MPQR, MC Mobile, MasterPass, digital wallets, HomeSend, Transfast, MNO deals or has worked at a Mobile Operator Mobile Money department
We value the safety of each member of our community because we know we’re all in this together. In many locations, which may change over time, we’ve implemented a virtual hiring process and continue to interview candidates by video or phone. In addition, in some locations, only individuals who have been fully vaccinated will be permitted inside Mastercard offices until further notice.
In the US, Mastercard is a government contractor, which may legally require most Mastercard employees to be vaccinated unless a verified approved medical or religious exemption is granted. Further, we are currently making every effort towards having employees return to work in the office 2 days per week, if that makes sense for their team. Everyone must be vaccinated to enter Mastercard offices at this time. Therefore, we expect all candidates to be vaccinated or to be approved for a medical or religious accommodation prior to commencing work at Mastercard.
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.
Requisition ID: R-170239