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For Companies At a Glance
- Tasks: Lead global pricing initiatives and drive revenue optimisation strategies.
- Company: Join Mastercard, a leader in digital payments across 200+ countries.
- Benefits: Enjoy competitive pay, flexible work options, and a vibrant company culture.
- Why this job: Make an impact on global economies while working with innovative teams.
- Qualifications: Bachelor's degree required; MBA preferred, with experience in financial modelling.
- Other info: Limited global travel required; strong project management skills essential.
The predicted salary is between 43200 - 72000 ÂŁ per year.
Join to apply for the Director, Global Pricing & Interchange-R-247930 role at Mastercard
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Join to apply for the Director, Global Pricing & Interchange-R-247930 role at Mastercard
Our Purpose
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. 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.
Our Purpose
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. 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
Director, Global Pricing & Interchange
Overview
The Global Pricing and Interchange (P&IC) team:
- Partners across regions and global business units to execute changes in economics aligned to product- and market-led strategy under a consistent strategic framework.
- Leads the execution of initiatives whose complexity and scope require a global view and coordination.
- Advocates and drives revenue optimization, simplicity, enhanced customer and employee experience, and adherence to principles.
- Supports legal & public policy teams on responses to external parties related to interchange and pricing.
- The team has a privileged position with visibility into impactful initiatives across the organization, providing members the ability to influence and enrich many commercial conversations, through innovative and strategic thinking.
Role
- Effectively manage and prioritize execution of portfolio of key transformational initiatives.
- Successfully drive initiatives from ideation to creation, regional syndication, and execution.
- Identify and develop creative solutions, with a strong analytical and fact-based foundation, and lead teams toward its implementation.
- Manage pipeline of competitive intelligence/market research and corresponding third-party engagements.
- Support external facing teams (i.e., commercial, public policy, regulatory) in value advocacy efforts including creation of pricing for value and pro-competitive narratives.
- Lead and support responses to regulators on the topic of interchange and pricing by coordinating the input of internal subject matter experts on the topic.
- Develop standard responses to questions and partner with legal, regulatory to enhance and maintain a database of response documents, external research, and available narratives.
- Develop, socialize, and align with sr. management a response strategy/ playbook for external engagement.
- Develop, manage and field external studies in support of value quantification efforts and external engagement needs.
- Partner and liaise with several stakeholders across the organization conducive to advance assigned projects.
- Communicate effectively to peers and management progress against initiatives.
All About You
- Experience with regulatory engagement on the topic of payments, interchange, and pricing.
- Experience applying financial and business management principles, theories, and concepts.
- Experience with financial modeling (e.g., P&L projections, Cost-benefit, ROI, etc.).
- Strategic thinker with a strong orientation to detail and execution.
- Strong interpersonal and leadership skills; ability to build alignment without direct authority.
- Strong verbal and written communication skills, ensuring that key messages are articulated in a brief and clear manner.
- Self-managed and self-driven. Able to anticipate needs and execute according to them.
- Ability to turn data into meaningful information and present it in a concise, professional manner for senior management review.
- Ability to lead through influence and thrive despite challenges.
- Ability to interact effectively across multiple functions, geographies, and levels within the company.
- Advanced PC skills including Microsoft Office Suite, data mining, python, Power BI, Tableau, Etc.
- Excellent project management skills with the ability to work on several projects simultaneously.
- Ability to handle confidential information and materials with appropriate discretion
- Bachelor’s degree required, MBA highly desirable
- Limited global travel but required as needed
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.
R-247930
Seniority level
-
Seniority level
Director
Employment type
-
Employment type
Full-time
Job function
-
Job function
Management and Manufacturing
-
Industries
Financial Services, IT Services and IT Consulting, and Technology, Information and Internet
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Director, Global Pricing & Interchange-R-247930 employer: MasterCard
Contact Detail:
MasterCard Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director, Global Pricing & Interchange-R-247930
✨Tip Number 1
Familiarise yourself with Mastercard's core values and mission. Understanding how they empower economies and support digital payments will help you align your responses during interviews, showcasing your enthusiasm for their purpose.
✨Tip Number 2
Network with current or former employees of Mastercard, especially those in pricing or regulatory roles. They can provide valuable insights into the company culture and expectations for the Director position, which can give you an edge in discussions.
✨Tip Number 3
Stay updated on current trends in global pricing and interchange, particularly in the payments industry. Being able to discuss recent developments or challenges in this area during your interview will demonstrate your expertise and proactive approach.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully led initiatives that required cross-functional collaboration. Highlighting your ability to influence without direct authority will resonate well with the leadership qualities Mastercard is seeking.
We think you need these skills to ace Director, Global Pricing & Interchange-R-247930
Some tips for your application 🫡
Understand the Role: Before applying, make sure you thoroughly understand the responsibilities and requirements of the Director, Global Pricing & Interchange role. Tailor your application to highlight relevant experiences that align with the job description.
Craft a Compelling CV: Your CV should clearly showcase your experience in regulatory engagement, financial modelling, and project management. Use bullet points to make it easy to read and ensure it reflects your leadership skills and strategic thinking.
Write a Strong Cover Letter: In your cover letter, express your passion for Mastercard's mission and how your background makes you a perfect fit for the role. Be specific about your achievements and how they relate to the key responsibilities outlined in the job description.
Proofread Your Application: Before submitting, take the time to proofread your CV and cover letter. Look for any grammatical errors or typos, and ensure that your documents are formatted consistently. A polished application reflects your attention to detail.
How to prepare for a job interview at MasterCard
✨Understand the Role and Responsibilities
Before the interview, make sure you thoroughly understand the job description for the Director, Global Pricing & Interchange role. Familiarise yourself with the key responsibilities, such as managing transformational initiatives and engaging with regulatory bodies. This will help you articulate how your experience aligns with their needs.
✨Showcase Your Analytical Skills
Given the emphasis on financial modelling and data analysis in this role, be prepared to discuss specific examples of how you've used analytical skills to drive business decisions. Highlight any experience with tools like Power BI or Tableau, as well as your ability to turn data into actionable insights.
✨Demonstrate Leadership and Influence
The role requires strong interpersonal skills and the ability to lead through influence. Prepare examples that showcase your leadership style and how you've successfully aligned teams without direct authority. This could include cross-functional projects or initiatives where you had to persuade stakeholders.
✨Prepare for Regulatory Engagement Questions
Since the position involves engaging with regulators on pricing and interchange, anticipate questions related to your experience in this area. Be ready to discuss any past interactions with regulatory bodies and how you navigated complex compliance issues, demonstrating your understanding of the regulatory landscape.
