At a Glance
- Tasks: Lead innovative product development from concept to market launch in a dynamic environment.
- Company: Join Mastercard Foundry, the hub for cutting-edge product innovation.
- Benefits: Competitive salary, flexible work options, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on strategic partnerships and ecosystem building.
- Why this job: Shape the future of payments and drive impactful solutions in emerging technologies.
- Qualifications: Proven experience in product development and strong analytical skills required.
The predicted salary is between 90000 - 120000 € per year.
Requirements
- Demonstrated experience in product development roles, with a strong track record of taking products from opportunity identification to commercial launch.
- Strong understanding of the global commercial payments ecosystem.
- Excellent analytical, written, and verbal communication skills, with the ability to synthesise complex topics into clear, executive-ready narratives.
- Proven critical thinker, comfortable working with technical detail, commercial models, and strategic frameworks simultaneously.
- Strong collaborator with a flair for connecting people and ideas, and the ability to influence in a matrixed, cross-functional environment.
What the job involves
Mastercard Foundry is the innovation engine of Mastercard and a hub for new product development. We do this by driving product innovation in emerging technologies and interfaces while focusing on developing a point of view to enhance existing solutions and new use-cases. We also focus on building revenue-generating ecosystems and flywheels that can be standalone in adjacent segments and markets. Examples of focus areas include commercial payments, new payment flows, data and services, and applications of artificial intelligence.
Within Foundry, the Director, Product Development will be supporting the execution of new to market product development across core payments and services. Role responsibility includes identification, execution, and in-market delivery of new products and solutions. The responsibilities will include execution of near-term opportunities that drive significantly in-year revenue and strategic differentiation for Mastercard, as well as scoping, identification, and in-market testing of longer-term product concepts and solutions.
In addition, the role will support identification and partnerships with ecosystem partners (e.g., banks, merchants, fintechs, marketplaces) that are critical to testing and launching B2B2C products. This role requires strong product development leadership with the ability to seamlessly move between technical depth, commercial modelling, and strategic framing, depending on the audience and stage of development.
Key responsibilities include:
- Identify, assess, and prioritise market opportunities across core payments and services, translating customer needs and market signals into clear product opportunities.
- Develop compelling narratives, value propositions, and business cases supporting investment and prioritisation decisions.
- Drive thought leadership and a structured learning agenda across priority opportunity areas, incorporating insights from market tests, pilots, and partner engagements.
- Act as a trusted partner to senior stakeholders, influencing product strategy, innovation priorities, and go-to-market decisions.
- Partner closely with cross-functional teams across Mastercard—including Technology, CXD, Legal, Risk, and Commercial—to design solutions, manage dependencies, and secure alignment and buy-in.
- Lead and contribute to idea generation for new to market products and solutions, including workshop facilitation, concept development, and creation of supporting collateral.
- Work with product management, engineering, CXD, and legal teams to progress ideas from concept to commercialisation.
- Operate effectively within a matrixed organisation, influencing outcomes and delivering results within tight timelines and evolving priorities.
Director of New Product Development in London employer: Deepstreamtech
Mastercard Foundry is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of the global commercial payments ecosystem. Employees benefit from a strong focus on professional growth, with opportunities to lead cutting-edge product development initiatives and engage with diverse cross-functional teams. Located in a vibrant environment, Mastercard encourages creativity and strategic thinking, making it an ideal place for those seeking meaningful and rewarding careers in technology and finance.
StudySmarter Expert Advice🤫
We think this is how you could land Director of New Product Development in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your product development experience. Share specific examples of how you've taken products from idea to launch. We want to see your passion and expertise shine through!
✨Be Ready for the Tough Questions
Prepare yourself for some tricky questions during interviews. Think about how you would tackle challenges in product development and be ready to discuss your thought process. We love critical thinkers who can navigate complex topics with ease!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always on the lookout for talented individuals like you to join our team at Mastercard Foundry.
We think you need these skills to ace Director of New Product Development in London
Some tips for your application 🫡
Show Off Your Experience:Make sure to highlight your past product development roles. We want to see how you've taken products from idea to launch, so share specific examples that showcase your track record.
Keep It Clear and Concise:Your written application should be easy to read and understand. Use clear language to explain complex topics, as we love a good narrative that’s executive-ready. Avoid jargon where possible!
Demonstrate Your Analytical Skills:We’re looking for critical thinkers! Include examples of how you’ve used data and analysis to drive decisions in your previous roles. Show us how you can connect the dots between technical details and commercial models.
Collaborate and Connect:Since this role involves working with various teams, mention any experiences where you’ve successfully collaborated across functions. Highlight your ability to influence and connect ideas, as that’s key for us at StudySmarter.
How to prepare for a job interview at Deepstreamtech
✨Know Your Product Development Inside Out
Make sure you brush up on your product development experience. Be ready to discuss specific examples where you've taken products from idea to launch, especially in the commercial payments space. Highlight your understanding of the global payments ecosystem and how it relates to the role.
✨Craft Clear Narratives
Since the job requires excellent communication skills, practice synthesising complex topics into clear, executive-ready narratives. Prepare a few key points that showcase your ability to communicate technical details and strategic frameworks effectively.
✨Showcase Your Collaboration Skills
This role is all about collaboration, so think of examples where you've successfully influenced cross-functional teams. Be prepared to discuss how you've connected people and ideas in previous roles, and how you can bring that flair to Mastercard Foundry.
✨Be Ready for Strategic Thinking
Demonstrate your critical thinking abilities by discussing how you've identified and prioritised market opportunities in the past. Prepare to talk about how you translate customer needs into product opportunities, and be ready to share insights from any market tests or pilot projects you've been involved in.
