Director, Products and Solutions

Director, Products and Solutions

Full-Time 90000 - 120000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead the development of innovative payment solutions and collaborate with global teams.
  • Company: Join a leading global payments technology company with a focus on innovation.
  • Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
  • Other info: Opportunity to travel internationally and work in a diverse, cross-functional team.
  • Why this job: Make a real impact in the payments industry while working with cutting-edge technology.
  • Qualifications: Strong analytical skills, experience in business analysis, and excellent communication abilities.

The predicted salary is between 90000 - 120000 £ per year.

An experienced Products and Solutions Director is required by the RTP Global Program to define solutions and build out the value propositions for specific customers or market segments, leveraging the RTP Global product portfolio and associated Mastercard products. The RTP Global Program team has developed a range of account-to-account payment services, which are sold globally to national schemes and in the future directly to banks.

The role will focus on growing our revenue opportunities by creating compelling solutions for customers by selecting the most appropriate RTP/Mastercard products based on their current and roadmap capabilities and defining the localisation required to meet customers' most pressing needs. Experience in working with A2A Payment schemes coupled with knowledge of A2A infrastructure products for instant and batch would be very helpful in this role. The candidate should also demonstrate experience working in a complex multi-stakeholder environment, possess a strong technical and analytical background, and exhibit excellent communication and influencing skills to guide customers in understanding the value of Mastercard’s solutions.

Role

Lead the elicitation and analysis of customer requirements, both functional and technical, to the level that can be articulated both externally to clients and internally. Determine the solution based on the best fit of RTP/MA products and define the enhancements/configurations that would be needed. Support the estimation process by presenting the functional and technical changes to the internal teams providing the estimates. Review and challenge the estimates. Create presentations showcasing customer requirements, RTP/MA product capabilities and solutions and present this to the customer and internal teams. Be responsible for the functional/solution sections of bid response documents to describe the solution and its benefits. Use knowledge of corporate and product strategy to strategically align product solutions and customer proposals and feed this back into strategy.

During Design And Specification Phases

Work directly with customer counterparts to educate on existing product capabilities and analyze customer needs, and subsequently be responsible for functionally documenting the requirements to be met by the Product(s) including the required configurations or enhancements. Provide traceability back to customer requirements from the Bid Stage by ensuring the functional requirements are mapped back to customer requirements from the bid stage (where applicable). Support the estimation process by presenting the functional and customer-driven technical changes to the internal teams providing the estimates. Be accountable for having a deep understanding of the RTP Global Product portfolio, and related MA products. Provide the Customer Account Manager (CAM), accountable Product Manager or Business Development leads (RTP or Regional) with their solution expertise in crafting the customer solution. Demonstrate a strong understanding of market dynamics including Regulatory, Legal, Competitive and Technology landscapes. Collaborate with cross-functional partners within Product, Engineering and Service teams to ensure a coherent end-to-end solution is defined. Work with colleagues in Sales/Business development and Legal, Data Privacy, Delivery, Finance, Marketing, Sales, etc. to ensure that the proposed solution is commercially viable.

During The Build, Testing And Implementation Phases

Provide support and collaborate with internal Mastercard teams to resolve customer and internal queries. Review documentation produced by the customer and other internal Mastercard teams, e.g. training material, Message Implementation Guides (MIGs), Industry Test Cases. Through collaboration, traceability and review ensure that requirements are successfully designed and subsequently tested. Provide input to Impact Analysis for Change Requests and update the Functional Specification once the Change Request is approved. Support the estimation process by presenting the functional changes to the internal teams providing the estimates.

This is a senior role which comes with management responsibility; however, it is also a hands-on role, as one is expected to produce specifications and sales responses. Management responsibility includes acting as a role model to other team members and providing thought leadership and actions to develop and grow the team.

All About You

Have strong analysis, technical and problem-solving skills coupled with a desire to learn and a curiosity to understand products, systems and processes. You will have a proven track record in Business Analysis and/or Solution Architecture within a complex change environment and the ability to discuss and understand solution details. Be an experienced and customer-centric professional in a regulated environment who has been part of a cross-functional team and managed elements of a cross-functional project with demonstrated success building relationships and delivering results with global, multi-cultural and remote teams. Have experience of interaction with internal and external stakeholders at all levels, through participation in meetings, workshops and events, and be a strong, confident writer and speaker, able to communicate both requirements and solutions effectively to a wide variety of stakeholders. Have a strong track record of synthesizing products and services from multiple functional areas into customer solutions that align with regional or local customer needs. Be a proven leader in leading teams across geographies and functions acting as a role model for others. Be willing to travel internationally as appropriate.

In Addition, Desirable Experience Is
  • Experience in the payments industry.
  • Demonstrated experience as people manager with the ability to attract, recruit and develop product talent.
  • Experience with the bid process, including RFP/RFI, stakeholders involved and writing compelling customer proposals.
Corporate Security Responsibility

All activities involving access to Mastercard assets, information and networks come 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.
  • Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.

Director, Products and Solutions employer: Mastercard

Mastercard is an exceptional employer, offering a dynamic work environment in RTP that fosters innovation and collaboration. With a strong focus on employee growth, we provide ample opportunities for professional development and leadership roles, ensuring that our team members are equipped to thrive in the fast-paced payments industry. Our inclusive culture values diverse perspectives, making it a rewarding place to contribute to meaningful solutions that impact customers globally.

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Contact Details:

Mastercard Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Director, Products and Solutions

Tip Number 1

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. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching the company and its products. Understand their RTP Global offerings and think about how your skills can add value. Practice common interview questions and be ready to discuss how you can help them grow their revenue opportunities.

Tip Number 3

Showcase your expertise! Create a portfolio or presentation that highlights your past successes in product solutions and customer engagement. This will not only impress potential employers but also give you confidence during interviews.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and take the initiative to connect directly with us.

We think you need these skills to ace Director, Products and Solutions

Business Analysis
Solution Architecture
A2A Payment Schemes
Technical Analysis
Customer Requirements Elicitation
Stakeholder Management
Cross-Functional Collaboration

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in A2A payment schemes and your ability to work in complex environments. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!

Showcase Your Communication Skills:Since this role involves a lot of stakeholder interaction, it’s crucial to demonstrate your excellent communication skills. Use clear and concise language in your application, and consider including examples of how you've effectively communicated solutions to clients or teams in the past.

Highlight Your Analytical Background:We’re looking for someone with a strong technical and analytical background. Be sure to mention any relevant experience you have in analysing customer requirements and defining solutions. This will help us see your capability in understanding and articulating complex product details.

Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at StudySmarter!

How to prepare for a job interview at Mastercard

Know Your Products Inside Out

Before the interview, dive deep into the RTP Global product portfolio and associated Mastercard products. Be ready to discuss how these products can be tailored to meet customer needs, as this will show your understanding of the role and your ability to create compelling solutions.

Master the Art of Communication

Since this role involves interacting with various stakeholders, practice articulating complex ideas clearly and concisely. Prepare examples of how you've successfully communicated technical requirements to non-technical audiences in the past.

Showcase Your Analytical Skills

Be prepared to demonstrate your analytical and problem-solving skills during the interview. Think of specific instances where you’ve analysed customer requirements and translated them into actionable solutions, especially in a multi-stakeholder environment.

Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your ability to handle real-world challenges. Think about how you would approach eliciting customer requirements or managing cross-functional teams, and be ready to share your thought process and outcomes.