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MasterCard Manager, Product Development - Mastercard Foundry in New York City, New York

Our Purpose

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 ( 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.

Job Title

Manager, Product Development - Mastercard Foundry


Mastercard Foundry is the innovation engine of Mastercard and a hub for new product development. Within the Foundry, the Commercial, SME, and Strategic Growth Portfolio team leverages the Foundry’s skills and capabilities to support Mastercard’s Commercial, SME, and ESG Product teams in developing and delivering world-class solutions. The Manager, Product Development role will be a key part of the Portfolio team, and will support the identification, capture, and delivery of new opportunities for products and solutions.


• Supports New Product Development for SME, Commercial, and ESG products for Foundry, including identifying new opportunity spaces

Works with the Global Products teams to create Product strategy and to design, develop and deliver new Products that drive incremental revenues for Mastercard

• Collaborates with the Commercial and SME product teams, acting as a trusted partner for all innovation and product development needs

• Identifies and recommends new payments products, services, and capabilities in partnership with internal and external stakeholders at a global and regional level

• Uses a data-driven approach to assess market opportunities and to build business cases incorporating accurate representations of future revenues and expense bases

• Leverages the Studio Framework to rapidly Frame ideas, and develop Concepts and Prototypes to validate whether a market opportunity can be effectively monetized by Mastercard, and coordinate across Foundry to deliver successful Market Tests

• Navigate across cultures and geographies and leverages strong relationships with key groups across Mastercard to gain support and buy-in for key decisions


  • Related work experience in product development, preferably in financial services or tech

  • Ability to apply product development concepts and practices across the product development life cycle

• Experience in overseeing the rapid prototyping process for global/critical products

• Demonstrated ability to act as subject matter expert and product champion by presenting compelling product propositions to senior key stakeholders (e.g., potential and current investors) at demonstrations and external industry events

Demonstrated success building relationships and delivering results with global, multi-cultural and remote project teams

Education: • Bachelor’s degree in business or equivalent work experience

COVID-19 Considerations

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.

In the US, Mastercard is an inclusive Equal Employment Opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. If you require accommodations or assistance to complete the online application process, please contact and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

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-174853