At a Glance
- Tasks: Lead pricing strategies and optimise revenue for Mastercard's global network.
- Company: Join Mastercard, a leader in digital payments with a mission to empower economies.
- Benefits: Competitive salary, professional development, and opportunities for global travel.
- Other info: Collaborative environment with opportunities to mentor junior staff.
- Why this job: Make a real impact on global financial strategies and drive innovation.
- Qualifications: Experience in financial management, strong analytical skills, and project management expertise.
The predicted salary is between 63000 - 77000 £ per year.
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.
Overview: The Global Network Economics & Value Optimization (NEVO) 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.
- Advocates and drives revenue optimization, simplicity, enhanced customer and employee experience, and adherence to principles.
- 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: Director, Global Pricing & Interchange Strategy will support MasterCard's goal of profitable market share through several key initiatives. This position will play a key role in developing & implementing pricing and interchange strategies, building new tools to inform how we set our pricing and interchange, and conducting analysis as needed on strategic questions & issues.
- Identify and develop creative solutions, with a strong analytical and fact-based foundation, and lead teams toward its implementation.
- Develop and refine strategies that are consistent with our business objectives cross-regionally.
- Leverage and contribute to developing models and frameworks for assessing pricing and interchange through competitive benchmarking vs. cash/check and the value created and delivered to each part of the four-party system.
- Conduct strategic analysis as needed to help evaluate new ideas, benchmark across MasterCard's products and services, and inform decisions on pricing and interchange levels.
- Contribute (with rest of team) to the development of global pricing & interchange strategies and roadmap.
- Partner and liaise with several stakeholders across the organization conducive to advance assigned projects.
All About You:
- Experience applying financial and business management principles, theories, and concepts.
- Experience with financial modeling (e.g., Advanced PC skills including Microsoft Office Suite, data mining, python, Power BI, Tableau, etc.).
- Ability to turn data into meaningful information and present it in a concise, professional manner for senior management review.
- Excellent project management skills with the ability to work on several projects simultaneously.
- Bachelor's degree required, MBA highly desirable.
- Limited global travel but required as needed.
- Requires capability to train and develop more junior staff.
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.
Senior Manager, Support & Service in London employer: MasterCard
Mastercard is an exceptional employer that fosters a culture of innovation and collaboration, making it an ideal place for a Director of Software Engineering. With a strong emphasis on employee growth, you will have access to cutting-edge tools and resources, as well as opportunities to mentor and lead talented teams across diverse geographies. The company's commitment to data-driven decision-making and AI-assisted development ensures that you will be at the forefront of technological advancements in a dynamic and supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager, Support & Service in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like MasterCard. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Manager, Support & Service in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to MasterCard.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on MasterCard's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at MasterCard
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with MasterCard.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at MasterCard will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former MasterCard employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
