Vp Product Development Jobs (NOW HIRING)

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build asustainableeconomy where everyone can prosper. We support a wide range of digital payments choices, making transactionssecure, 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.

Title and Summary

Vice President, Product Management, StablecoinsOverview:
Mastercard's Blockchain and Digital Assets group drives Mastercard's business and product strategy in the digital currency payment space. The team's mission is to build the world's leading interoperability network for tokenized and fiat money transactions, leveraging Mastercard's decades of financial network experience to bridge traditional and on-chain finance. The team is at the heart of making Mastercard the trusted access layer that lets regulated institutions and their customers enable real-time payments and smart money movement through stablecoins, tokenized deposits and other forms of tokenized value.
We are looking for a Vice President, Product Management to lead the design, development, and implementation of innovative blockchain and digital asset solutions, with a primary focus on onboarding, enabling and operationalizing multiple stablecoins onto Mastercard's suite of products through direct relationships and integrations with stablecoin issuers. The role has global responsibilities, overseeing stablecoin issuer integrations across all regions and supporting the execution of Mastercard's broader crypto and blockchain product roadmap.
The ideal candidate is a strong leader and people manager, who combines in-depth knowledge of the payments landscape with strong product development experience, business acumen, and a genuine passion for the digital asset space. Experience in treasury services or transaction banking is highly valued. Internally, the VP and his/her team will work with a cross-functional team comprising Product and Engineering, Franchise, Compliance, Legal, Regulatory, Treasury, and regional teams to deliver the end-to-end product lifecycle.
Role:
Direct the development and expansion of the Mastercard Stablecoin Issuer Program, including productizing and automating the contractual, onboarding and enablement processes across stablecoin issuers, currencies and regions. Oversee all workstreams such as contract standardization, product and technical integration, pricing / economics, etc.
Lead negotiations with Stablecoin Issuers and issuers of other tokenized forms of money globally to ensure alignment, commercial viability and enablement of existing and new Mastercard products and services such as remittances, payouts, and B2B payments.
Drive on- and off-ramping integrations with Stablecoin Issuers including automation of minting, redeeming and burning of stablecoins to enable domestic and cross-currency payments.
Lead the development and implementation of franchise rules and standards for stablecoin issuers onboarded onto the Mastercard network to ensure compliance with AML, OFAC, Sanctions and licensing regulations and deliver Mastercard's brand promise of trust, safety and consumer protection.
Lead collaboration with various product teams to ensure the delivery of a "one-to-many" on-and off-ramp between tokenized forms of money and fiat, supporting both internal and external products and use cases.
Lead product and business engagements with third-party and distributed blockchains to facilitate payment product enablement and mutually beneficial business outcomes.
Develop innovative solution concepts that have strategic fit and value for Mastercard's customers and partners, including ideation, definition, design, and development of blockchain and digital asset solutions.
Develop business requirements for payment and settlement solutions based on a solid understanding of the needs of businesses and financial institutions.
All About You:
Blockchain and digital assets knowledge: Strong knowledge of and interest in the blockchain, crypto, and digital asset space. Experience building and contributing to well-known blockchain or crypto projects is desirable
Payments expertise: Experience in the payments industry with in-depth understanding of payment solutions across a variety of market segments, including familiarity with relevant industry standards and regulatory requirements. Treasury and transaction banking experience a plus.
Product development: Experience in bringing new products to market, including concept definition and validation, business requirements definition, and comfort working in cross-functional teams, in line with established product development processes
Commercial acumen: Good commercial insight with experience building value propositions for all participants in a payments ecosystem, including Mastercard, our customers, and partners
Communication skills: Excellent written and verbal communication skills with the ability to simplify and describe complex concepts and technologies to audiences of varied knowledge, and to communicate vision and roadmap effectively to a wide variety of stakeholders
Entrepreneurial mindset: A strong entrepreneurial attitude with the ability to learn quickly, adapt to a changing market landscape, challenge the status quo, and work independently
Analytical rigor: Strong analytical skills and sound judgment with the ability to digest complex problems and take thoughtful risks
People leadership: Strong track record of leading and developing talentMastercard 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.

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 and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. 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 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; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.