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Manager, Product Development



New York, NY, USA
Posted on Friday, July 5, 2024

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.

Title and Summary

Manager, Product Development


At Mastercard, we believe that the future of our business depends on our ability to define and differentiate new products and solutions that drive value for our customers. Mastercard Foundry builds next-generation offerings that engineer the future of commerce. Across our interdisciplinary teams and five global R&D Labs, we create differentiated product experiences for our customers and partners leveraging actionable insights, design expertise, and advanced technologies. Through our innovation portfolios, we partner with the program teams to define key focus areas where we co invest with them to create, incubate and scale new products and services. The Manager, Product Development role is a key part of the Small and Medium Enterprises (SME) portfolio, focused on building new innovative solutions to address small business pain points.


• Help drive the generation and analysis of new concepts for Small Business products and solutions, interfacing with internal product teams, customers, and end-users
• Own the development of concepts into commercial products, from concept through pilot, incubation and commercialization, leveraging the Foundry Engineering, Customer Research, and Experience Design teams
• Develop and own product roadmaps, pilot launch plans and business cases throughout the product development process
• Build relationships across the Global Products teams and Foundry teams to support the delivery of new products.
• Support the ideation and development of a strong pipeline of Foundry projects leveraging internal and external relationships
• Uses a data-driven approach to assess market opportunities and to build business cases incorporating accurate representations of future revenues and expense bases.

All About You:

• Experience in developing and commercializing new products
• Understanding of product development concepts and practices across the product development life cycle.
• Experience in overseeing the rapid prototyping process for global/ multi-region products
• Demonstrated success in generating, structuring, evaluating, and promoting innovative ideas within an organization
• Able to build relationships and delivering results with global, multi-cultural and remote project teams
• Strong communication skills, able to articulate and where necessary simplify concepts and details.
• A strong interest and understanding of the payments industry and/or working in a B2B2C ecosystem.

Mastercard is an inclusive equal 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. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment 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.

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.

In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance), flexible spending account and health savings account, paid leaves (including 16 weeks new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 5 personal days, 10 annual paid U.S. observed holidays, 401k with a best-in-class company match, deferred compensation for eligible roles, fitness reimbursement or on-site fitness facilities, eligibility for tuition reimbursement, gender-inclusive benefits and many more.