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About the Role
We are seeking a strategic, execution-oriented Director of Product Management to lead a team responsible for high-priority Open Finance payment solutions. This role combines building new products from scratch with managing scaled solutions, shaping portfolio strategy, and guiding products through their entire lifecycle.
Responsibilities
- Define and execute the vision, strategy, roadmap, and investment priorities across the portfolio.
- Lead, coach, and develop a team of product managers, establishing clear ownership and fostering collaboration.
- Guide products from concept development through iterative delivery, launch, and scale.
- Partner with Data Science and Engineering to develop, optimize, and scale predictive payment risk models and fraud management capabilities.
- Engage with financial institutions, fintechs, merchants, and partners to understand needs and market trends.
- Develop product positioning, pricing, business cases, and go-to-market plans.
- Communicate product vision to executive leadership and align stakeholders across various departments.
- Establish success metrics, evaluate product performance, and use data to drive continuous improvement.
Requirements
- Solid product management experience, including leading product managers or multidisciplinary teams.
- Demonstrated success defining strategy and launching/scaling cloud-based or API-enabled products, preferably in payments, fintech, open banking, fraud, or risk.
- Experience taking products from 0-1 while also managing established products.
- Strong understanding of AI/ML product development and experience partnering with Data Science teams.
- Ability to navigate technical concepts, data-driven products, APIs, payment flows, risk decisioning, and platform dependencies.
- Proven commercial judgment, including experience with market analysis, pricing, business cases, go-to-market planning, and product profitability.
- Excellent executive communication, influencing, and stakeholder management skills.
- Strong customer orientation and experience engaging enterprise clients.
- Experience operating in Agile product development environments and using product planning and delivery tools like Confluence and JIRA.
- Knowledge of open banking, ACH payments, card payments, fraud, data privacy, and security practices is preferred.
Skills
- Product Management
- AI/ML Product Development
- Data Science Partnership
- Cloud-based Products
- API-enabled Products
- Payments
- Fintech
- Open Banking
- Fraud Management
- Risk Management
- Commercial Judgment
- Market Analysis
- Pricing
- Business Cases
- Go-to-Market Planning
- Product Profitability
- Executive Communication
- Influencing
- Stakeholder Management
- Customer Engagement
- Agile Methodologies
- Confluence
- JIRA
- Open Banking Knowledge
- ACH Payments Knowledge
- Card Payments Knowledge
- Data Privacy Knowledge
- Security Practices Knowledge
Location
- New York City, New York
- Purchase, New York
- Salt Lake City, Utah
Work Type
- Full-time
Experience Level
- Director
Salary/Compensations
- New York City, New York: $187,000 - $318,000 USD
- Purchase, New York: $179,000 - $305,000 USD
- Salt Lake City, Utah: $156,000 - $265,000 USD
Benefits
- Competitive base salary
- Potential for annual bonus or commissions
- Insurance (medical, prescription drug, dental, vision, disability, life insurance)
- Flexible spending account and health savings account
- Paid leaves (16 weeks new parent leave, up to 20 days bereavement leave)
- 80 hours Paid Sick and Safe Time
- 25 days vacation time
- 5 personal days
- 10 annual paid U.S. observed holidays
- 401k with company match
- Deferred compensation for eligible roles
- Fitness reimbursement or on-site fitness facilities
- Eligibility for tuition reimbursement
About the Company
- Mastercard powers economies and empowers people in 200+ countries and territories worldwide.
- We are helping build a sustainable economy where everyone can prosper.
- We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible.
- Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Equal Opportunity
- Mastercard is a merit-based, 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.
- We hire the most qualified candidate for the role.
- 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.