Manager, Product Development - Digital Assets & Stablecoin Products

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re 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.

About the role

Mastercard Foundry is the innovation engine of Mastercard and a hub for new product development. We drive product innovation in emerging technologies and interfaces while focusing on developing a point of view to enhance existing solutions and new use-cases. We build revenue-generating ecosystems and flywheels that can be standalone in adjacent segments and markets. Focus areas include Digital Assets/Stablecoins, Consumer value propositions, Digital payments, Payment Acceptance and Processing, and applications of Artificial Intelligence.

Within Foundry, the Manager will be a critical driver of new product development, including identification, execution, and in-market delivery of new Digital products and solutions. Responsibilities include execution of near-term opportunities that drive significant in-year revenue and strategic differentiation for Mastercard, as well as scoping, identification, and in-market testing of longer-term product concepts and solutions.

Responsibilities

• Uncover new trends and identify relevant opportunities in the future of payments.
• Present findings that translate complex concepts into simple, compelling narratives.
• Experiment quickly with proposed solutions via development of prototypes and proofs-of-concept.
• Develop go-to-market plans to deploy pilots and commercial solutions in market, in partnership with regional leads and sponsoring business units.
• Coordinate strategic, tactical efforts, and planning to facilitate execution and deployment of key priorities globally, partnering with cross-functional teams.
• Drive thought leadership and the learning agenda across key opportunity spaces and emerging technologies (e.g., Digital Assets/Cryptocurrency/Stablecoins, Artificial Intelligence).
• Build analytics and business cases to prove commercial value of products launched.
• Partner with cross-functional teams (e.g., Technology, Legal, Data Privacy, Security, Compliance, Delivery, Finance, Marketing, Sales, etc.) to develop concepts and navigate the product development lifecycle, from early-stage concept ideation through commercialization.
• Analyze and translate information into actionable insights and recommendations to drive business strategy and innovation.
• Manage assigned initiatives and compile updates to share progress with executive leadership.
• Mentor and provide guidance to junior team members.

Requirements

• Passion for innovation and emerging technology
• Strong problem solving, research, analytical and quantitative skills, with the ability to build business cases that articulate commercial value
• Experience in product development, fast prototyping and design thinking
• Experience in the evolution of digital payments, including key market, competitive, and regulatory trends
• Experience with cryptocurrency, stablecoin, or blockchain-based solutions
• Excellent project management and organizational skills
• Strong track record of driving tangible business results
• Excellent presentation and communication skills, both drafting and presenting, oral and written
• Prior consulting, banking or emerging payments experience a plus
• Bachelor’s degree required, Advanced degree a plus

Benefits

• Insurance (including medical, prescription drug, dental, vision, disability, life insurance)
• Flexible spending account and health savings account
• Paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave)
• 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire
• 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

Pay

• Purchase, New York: $150,000 - $254,000 USD
• New York City, New York: $156,000 - $265,000 USD

All activities involving access to Mastercard assets, information, and networks come with an inherent risk to the organization. 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.