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- Tasks: Drive innovative product development and bring new ideas to market.
- Company: Join Mastercard, a leader in cutting-edge payment solutions.
- Benefits: Competitive salary, flexible work options, and growth opportunities.
- Other info: Collaborative environment with a focus on creativity and teamwork.
- Why this job: Be at the forefront of payment innovation and make a real impact.
- Qualifications: Experience in product management and strong analytical skills required.
The predicted salary is between 60000 - 80000 ÂŁ per year.
Services is a key differentiator for Mastercard, providing cutting‑edge services that help our customers grow. Focused on thinking big and scaling fast around the globe, this agile team is responsible for end‑to‑end solutions for a diverse global customer base. Centered on data‑driven technologies and innovation, these services include consulting, loyalty and marketing programs, business experimentation, and data‑driven information and risk management services.
Within Foundry, the Product Innovation Manager will be supporting the execution of new-to-market product development across core payments and services. Role responsibilities include identification, execution, and in‑market delivery of new products and solutions. The responsibilities will include execution of near‑term opportunities that drive significant in‑year revenue and strategic differentiation for Mastercard, as well as scoping, identification, in‑market testing of longer‑term product concepts and solutions.
Responsibilities
- Engage in idea generation for new-to-market products and solutions including workshop facilitation and collateral development.
- Contribute to developing product concepts and prototypes and independently own and deliver key tasks associated with it.
- Partner with Product & Engineering partners and our CX&D team on concept validation and market testing and independently own and deliver key tasks associated with it.
- Contribute/own business case development and planning for individual products.
- Own and deliver high quality collateral materials to facilitate internal decision making.
- Lead cross‑functional workshops and manage follow‑up actions to completion.
- Partner with CXD, Product and R&D teams by providing prioritised requirements.
- Work within a matrixed organisation to influence and drive outcomes within tight timelines.
All About You
- In‑depth understanding of payments acceptance ecosystem.
- Experience in the acquirer payments domain and/or in developing Stablecoin product propositions, within a Product Development, Product Management, or consulting roles.
- Strong analytical, verbal and written communication skills.
- Strong product development and management experience, including rapid opportunity identification, concept development, business model innovation, and in‑market testing of global products is preferred.
- Previous experience working in Payments innovation space delivering new-to-market value propositions.
- Critical thinker that is comfortable with technical details, and experience working with R&D teams.
- Flair in connecting people and ideas; ability to operate in a matrix environment.
- Right to work in the UK without restriction.
Corporate Security Responsibility
- 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.
Product Manager - New Product Development in London employer: Mastercard
Contact Detail:
Mastercard Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Manager - New Product Development in London
✨Tip Number 1
Network like a pro! Reach out to people in the payments and product development space. Use LinkedIn to connect with current Mastercard employees or industry professionals. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies showcasing your previous product management successes. When you get the chance to chat with hiring managers, share how you've driven innovation and delivered results in past roles.
✨Tip Number 3
Be ready for the interview! Research Mastercard’s latest products and innovations. Think about how your experience aligns with their goals in new product development. Bring fresh ideas to the table during discussions to stand out!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in being part of the Mastercard team. Don’t miss out on this opportunity!
We think you need these skills to ace Product Manager - New Product Development in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Product Manager - New Product Development. Highlight your experience in payments innovation and product management, and don’t forget to sprinkle in some keywords from the job description to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about new product development and how your skills align with our mission at Mastercard. Keep it engaging and personal – we want to get to know the real you!
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to drive product development and innovation. Use numbers and examples to illustrate your impact – we love seeing tangible results!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your materials and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be all set!
How to prepare for a job interview at Mastercard
✨Know Your Product Inside Out
Before the interview, dive deep into Mastercard's product offerings, especially in the payments acceptance ecosystem. Understand their new-to-market products and how they differentiate themselves. This knowledge will help you answer questions confidently and show your genuine interest in the role.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used analytical skills to drive product development or innovation. Think about times when you identified opportunities or developed business cases. Being able to articulate these experiences will demonstrate your fit for the role.
✨Engage in Idea Generation
Since the role involves idea generation for new products, come prepared with a few innovative concepts of your own. Think about potential improvements or new features that could benefit Mastercard’s services. This will not only showcase your creativity but also your proactive approach to product management.
✨Emphasise Cross-Functional Collaboration
Highlight your experience working in matrixed environments and collaborating with diverse teams. Be ready to share examples of how you've successfully led workshops or managed follow-up actions. This will illustrate your ability to influence outcomes and work effectively across different departments.