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For Companies At a Glance
- Tasks: Lead the development of Open Finance standards and strategies for payments and data management.
- Company: Join Mastercard, a global leader in digital payments, empowering economies in over 200 countries.
- Benefits: Enjoy competitive perks, opportunities for remote work, and a dynamic corporate culture.
- Why this job: Shape the future of financial connectivity while working with innovative teams and industry leaders.
- Qualifications: Strong knowledge of open banking, payments, and financial technology is essential.
- Other info: This role offers a chance to influence global standards and drive impactful change.
The predicted salary is between 72000 - 108000 £ per year.
Our Purpose Mastercard powers economies and empowers people in 200+ countries and territories worldwide. We support digital payments, making transactions secure, simple, smart, and accessible. Our technology, partnerships, and networks deliver innovative products and services that help people, businesses, and governments realize their potential.
The Mastercard Open Finance product team aims to empower consumers to benefit from their financial data through innovative solutions that unlock FinTech potential and streamline consumer experiences. Our platform enables transformative services trusted by leading organizations, shaping the future of financial connectivity.
Role Overview The Director, Open Finance Network Standards, will define strategies for enabling core use cases like payments and data management, coordinate industry standards, and align global objectives across product teams to support our franchise strategy.
Responsibilities
- Define Mastercard's standards and program models for key use cases such as payments and data management.
- Engage with cross-functional teams to socialize and operationalize the global vision for Open Finance.
- Represent business interests in partnerships and industry forums.
- Become an expert in Open Finance use cases and industry trends.
- Inform value propositions and product development to support scaling strategies.
- Execute frameworks to accelerate revenue and distribution of capabilities.
- Coordinate with regional stakeholders to identify synergies and innovation opportunities.
- Maintain awareness of industry dynamics and competitive moves.
Qualifications & Skills
- Strong understanding of open banking, account-to-account payments, and industry trends, with global experience preferred.
- Ability to understand complex technologies and workflows, and communicate them clearly.
- Knowledge of Mastercard Franchise approach and program requirements.
- Creative problem-solving skills connecting client needs with strategy.
- Deep experience in payments and financial technology, including regulatory landscape.
- Proven ability to lead cross-functional initiatives with quality and timeliness.
- Strong networking skills and ability to operate in a matrix environment.
- Effective communication, presentation, and analytical skills.
Corporate Security Responsibility
All activities involving Mastercard assets, information, and networks carry inherent risks. Employees must: Follow security policies and practices; Maintain confidentiality and integrity of information; Report security violations or breaches; Complete mandatory security trainings.
Director, Open Finance Network Standards | London, UK employer: Mastercard, Inc.
Contact Detail:
Mastercard, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director, Open Finance Network Standards | London, UK
✨Tip Number 1
Familiarise yourself with the latest trends in open banking and financial technology. Understanding the current landscape will not only help you in interviews but also demonstrate your passion for the industry.
✨Tip Number 2
Network with professionals in the fintech space, especially those involved in open finance initiatives. Attend industry events or webinars to connect with potential colleagues and learn about their experiences.
✨Tip Number 3
Prepare to discuss specific use cases of open finance that interest you. Being able to articulate how these can benefit consumers and businesses will show your strategic thinking and understanding of the role.
✨Tip Number 4
Research Mastercard's current initiatives in open finance and think about how you can contribute to their goals. Tailoring your insights to align with their objectives will make you a standout candidate.
We think you need these skills to ace Director, Open Finance Network Standards | London, UK
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Director, Open Finance Network Standards position. Tailor your application to highlight relevant experience in open banking and financial technology.
Craft a Compelling CV: Your CV should clearly showcase your experience in payments and financial technology. Emphasise your leadership skills and any cross-functional initiatives you've led. Use quantifiable achievements to demonstrate your impact in previous roles.
Write a Strong Cover Letter: In your cover letter, express your passion for open finance and how your background aligns with Mastercard's goals. Highlight your understanding of industry trends and your ability to communicate complex technologies effectively.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail and professionalism, which are crucial for a leadership role.
How to prepare for a job interview at Mastercard, Inc.
✨Understand Open Finance Trends
Make sure to brush up on the latest trends in open banking and financial technology. Being able to discuss current developments and how they relate to Mastercard's objectives will show your expertise and enthusiasm for the role.
✨Demonstrate Cross-Functional Leadership
Prepare examples from your past experiences where you successfully led cross-functional initiatives. Highlight how you coordinated with different teams to achieve a common goal, as this is crucial for the Director role.
✨Showcase Problem-Solving Skills
Think of specific challenges you've faced in previous roles and how you creatively solved them. This will demonstrate your ability to connect client needs with strategic solutions, which is key for this position.
✨Communicate Clearly and Effectively
Practice articulating complex technologies and workflows in a simple manner. Strong communication skills are essential for this role, especially when engaging with stakeholders and representing business interests.
