Director of Product Management, Open Banking Payments – Strategic Initiatives

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

Director of Product Management, Open Banking Payments – Strategic Initiatives

Who is Mastercard?
Mastercard is a global technology company in the payments industry. Our mission is 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. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
Overview: Embrace New Networks with Open Banking
With Mastercard Open Banking, we empower people and businesses to access accounts securely and conveniently for enabling new financial services and providing payment choice. This unlocks opportunities to extend financial access and inclusion with account opening, lending, payments, and open banking for business.
The Director of Product, Open Banking Payments – Strategic Initiatives will lead the definition of our strategy around key areas of focus for enabling Account-to-Account Payments and coordinate the required program guides, schemes and operating models to execute franchise strategy for payment and account opening use cases. Another key area of focus is engagement across our International Open Banking product team to align strategy and roadmap to fit global objectives.
Responsibilities
• Define Mastercard’s standards and program model for enabling Open Banking payments.
• Engage with Mastercard cross-functional teams to socialize the vision, strategy for Open Banking and program model in key focus areas while identifying ways centralize and channel resources to execute. Represent the interests of Open Banking while driving thought leadership to other business partners and bringing opportunities for influence back to the Open Banking team.
• Be the expert in payment ecosystems key use cases and the impact of market trends on A2A payments for Mastercard Open Banking.
• Drive execution of new revenue opportunities to deliver success for clients and Mastercard.
• Inform Mastercard Open Banking product development roadmap and strategy for scale, incorporating insights from industry trends.
• Execute the Franchise frameworks to accelerate time to revenue and distribution models of key capabilities for Open Banking, Payments and Account Opening use cases.
• Create (jointly with regions) partnerships to identify synergies and opportunities for innovation.
• Work closely with internal teams to ensure successful product planning, business case, and scalability for respective initiatives driven from industry engagement while following Mastercard Studio and Gold Standards.
• Maintain a pulse on industry dynamics and competitive moves to operate as a thought leader in industry forums.

All About You
• Solid understanding of our clients’ top use cases with a key focus on open banking, account-to-account payments and industry trends.
• Creative problem-solving that brings in different perspectives connecting client needs with Mastercard strategy.
• Deep experience in global payments and/or financial technology with understanding of open banking and the regulatory landscape.
• Ability to understand complex technology, interpret requirements and explain it simply – internally and externally.
• Strong ability to execute initiatives in cross-functional teams, driving for excellence in quality and timeliness.
• Emulate and drive the Mastercard Way through behavior, coaching, and employee engagement.
• Strength in connecting people and ideas; ability to operate in a matrix environment and establish effective working relationships across the business and geographies.
• Ability to communi