MasterCard Vice President, Global Bill Pay Strategy and Commercialization in Purchase, New York
Who is Mastercard?
We are the global technology company behind the worlds fastest payments processing network. We are a vehicle for commerce, a connection to financial systems for the previously excluded, a technology innovation lab, and the home of Priceless ®. We ensure every employee has the opportunity to be a part of something bigger and to change lives. We believe as our company grows, so should you. We believe in connecting everyone to endless, priceless possibilities.
Vice President, Global Bill Pay Strategy and Commercialization
As Mastercard seeks to define a world beyond cash, we are pursuing payment opportunities leveraging non-card technologies. Mastercards acquisition of Vocalink adds Real-Time Payments (RTP) to our solution set, allowing us to capture new segments of cash, check and ACH payments for the network. One of the largest identified opportunities for Mastercard is in revolutionizing consumer bill pay. In many markets, like the U.S., the current consumer bill pay experience is cumbersome, costly, slow and fragmented. By combining our RTP assets with our existing biller network, i.e., RPPS in the U.S., we can bring a solution to market that improves this outdated ecosystem for all parties involved. To win in the market, we will also leverage our strengths in brand, standards, consistency, trust and security.
To accomplish this, we must build a world-class bill pay product. Our first focus market is the U.S., and others will quickly follow. We will engage key external partners to create our new biller network, including the largest banks and bill service providers in each market.
This new VP role that will focus on Bill Pay Strategy & Commercialization, including Pricing, Competitive Intelligence, M&A and Industry Relations. This leader will also design and implement plans to allow us to run the Bill Pay business, once launched, as well as integrate any relevant businesses. Note this role will also be responsible for identifying potential strategic partners and/or acquisition targets globally that can accelerate time to market for Mastercard.
We are looking for an experienced payments professional to lead Global bill pay strategy, and create the appropriate structures to allow the business to form and run well from the start. Additionally, this leader will identify new potential strategic partnerships, investments or acquisition targets in the bill presentment and payment ecosystem.
Refine business case and business strategy to optimize business performance and time to market
Identification of potential strategic partners.
Develop customer and partner acquisition models
Develop and refine Pricing structure and price levels in each market
Oversee creation of Mastercard participation rules and standards for customers on the bill pay network
Responsible for industry relationships such as NACHA, TCH, ETA, etc.
Develop partnership models, identify target companies and pursue strategic partnerships, investments and/or acquisitions that add value to the network
Maintain current view of competitive landscape and the impact of competitor moves on Mastercards global bill pay strategy
All about you:
Strong strategic mind
Innovative approach to business
Strong written and verbal communications
Partnership development experience
Experience in payments and/or billing
Worked closely with retail banks, treasury management organizations, payment companies, Fintechs, bill presentment companies
Comfortable interacting with and experienced at influencing all levels of management, both internally and externally
Bachelor's degree, MBA preferred
Purchase office location
Moderate travel required
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.
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Requisition ID: R-76693