MasterCard Senior Specialist, Strategy Pricing & Interchange in Toronto, Canada

Who is Mastercard?

We are the global technology company behind the world€™s 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.

Job Title

Senior Specialist, Strategy Pricing & Interchange

Overview:

The Canada Market Development team executes against several strategic objectives related to expanding card acceptance, forging key partnerships, optimizing vital alliances and developing eco-systems for emerging payments.

The Pricing and Interchange team (P&I) is a component of Market Development and collaborates within Market Development and across all teams in the Canada region to develop and implement proposals that support business and product strategy and deliver profitable growth for MasterCard and its customers.

Role:

Develops/enhances tools/processes for tracking/forecasting interchange and providing actionable information/insights in support of calibrating interchange and/or supporting specific business strategies/strategic agreements

Leverages data to build models/frameworks for assessing pricing in consideration of benchmarks across direct competition, substitutive competitors and/or emerging payment providers; assess value of solutions and issue recommendations on value-pricing

Actively supports the development and management of the interchange and the pricing strategies for the region

Effectively uses data to derive insights and create economic models that underpin initiatives or product propositions to drive growth for MasterCard and its customers

Is simultaneously highly quantitative and requires strategic/creative thinking to solve for complex situations, multi-variable constructs and yet-to-be-defined emerging opportunities.

Works closely with Product, Finance and other stakeholders across the organization to design and optimize the economics of current and new products and value-added services

Participates in cross-functional teams and works closely with various internal and external stakeholders, e.g., Product, Finance, GTO, Legal, Customers, consultants,€¦

Provide reporting and documentation of pricing and interchange to management and serves as the subject matter expert for pricing and interchange inquiries from both internal and external constituents.

Implements all interchange and pricing initiatives end-to-end

Actively manages key operational aspects of strategic agreements

Manages interchange and pricing internal and external documentation

Executes customer level analysis of billing revenue to track performance of Pricing initiatives

Actively supports certain billing activities

Executes bespoke investigations relative to reporting or billing, or as support to Market Development activities and client management

Ensures department compliance with data and records management policies

Limited global travel as needed

All about you:

Bachelor€™s degree, with preference for quantitative focus. Advanced degree desirable, e.g. CPA, MBA

Experience leading and developing strategic and quantitative analysis on bankcard industry pricing and interchange.

Solid understanding of the end to end card economics within the bankcard industry, e.g. Issuing, Acquiring, Merchant, MA, competitive brands, etc.

Ability to oversee multiple projects and initiatives concurrently

Basic project management skills

Senior level presentation and communication skills

Self-motivated with a proven track record of delivering success while operating within a team environment

A strong team player who can operate effectively in a complex matrix

Have a strong drive and curiosity to learn, creativity, passion to achieve and excel

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 reasonable.accommodation@mastercard.com 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.
Requisition ID: R-68382