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- Tasks: Drive product development for innovative prepaid solutions in a dynamic fintech environment.
- Company: Join Mastercard, a global leader in digital payments and innovation.
- Benefits: Competitive salary, flexible work options, and opportunities for professional growth.
- Why this job: Make a real impact on the future of digital payments and empower people worldwide.
- Qualifications: Experience in product management or development, especially in fintech or digital platforms.
- Other info: Collaborative culture with a focus on inclusivity and sustainability.
The predicted salary is between 36000 - 60000 ÂŁ 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 realise their greatest potential.
Overview Mastercard is a global technology company in the payments industry. Our mission is to power an inclusive, digital economy by making transactions safe, simple, smart, and accessible. Through secure data, trusted networks, and strategic partnerships, we enable individuals, financial institutions, governments, and businesses to realise their full potential. Mastercard Prepaid Management Services (MPMS) delivers end-to-end prepaid card solutions across travel, transit, foreign exchange, gifting, and buy-now-pay-later segments. As a fintech enabler, MPMS operates a scalable, modular platform that supports a global portfolio of prepaid programmes, combining innovation with operational excellence.
Role Purpose The Manager, Product Development is responsible for driving the successful delivery of product roadmap initiatives from concept through to customer readiness, ensuring alignment with business objectives and value creation. Acting as a Product Owner within a SAFe Agile environment, the role requires close collaboration with cross-functional teams, ownership of the product backlog, and a strong focus on delivering high‑quality platform capabilities. This position plays a key role in bridging technical execution and business outcomes, supporting the end‑to‑end software development lifecycle and product integration efforts.
Key Responsibilities
- Enhance and evolve MPMS digital offerings in line with Mastercard’s objectives, customer needs, and market trends
- Partner with wallet providers and MDES to enable seamless, scalable, and secure digital payment capabilities
- Collaborate with regional teams, customers, and cross‑functional stakeholders (Technology, MDES, Legal, Compliance, Fraud, Delivery, Sales) to drive product adoption and measurable value realization
- Translate market insights, customer feedback, and regional needs into clear product requirements and prioritized roadmap and backlog
- Act as a conduit between digital platforms and customer experience, ensuring solutions are intuitive, relevant, and differentiated
- Support go‑to‑market activities, including product positioning, launch readiness, and stakeholder enablement
- Track product performance, adoption metrics, and customer outcomes to inform continuous improvement
- Act as Product Owner for 2–3 Scrum teams, applying SAFe Agile practices and principles
- Lead the transition from Technical Readiness to Product Readiness, ensuring adherence to business processes and thorough due diligence
Essential Experience and Skills
- Strong understanding of digital payments, wallets, tokenization, and platform‑based products
- Proven experience in product development or product management, preferably within payments, fintech, or digital platforms
- Ability to work effectively in a matrixed, global environment with diverse stakeholders
- Strong analytical and problem‑solving skills, with the ability to balance strategic thinking and execution
- Excellent communication and stakeholder management skills, including the ability to influence without authority
- Experience translating complex technical concepts into clear, customer‑focused value propositions
- Proficiency in SAFe/Agile software development lifecycle methodology
Desirable Attributes
- Experience working with MDES, wallet ecosystems, or issuer/acquirer platforms
- Exposure to regional market differences and managing products at global scale with local relevance
- Familiarity with agile delivery models and iterative product development
- Experience supporting or leading product launches and go‑to‑market strategies
Key Competencies
- Product mindset – Customer‑centric, outcome‑oriented, and data‑driven
- Strategic thinking – Ability to align digital initiatives with broader organizational objectives
- Collaboration & influence – Strong partnership across technology, business, and regional teams
- Execution excellence – Able to move from vision to delivery with pace and discipline
- Adaptability – Comfortable operating in a fast‑evolving digital and payments landscape
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.
Manager, Product Development, Prepaid Management Services in Peterborough employer: MasterCard
Contact Detail:
MasterCard Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Manager, Product Development, Prepaid Management Services in Peterborough
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues 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 Mastercard's mission and how your skills can contribute to their goals. Tailor your responses to show how you can help enhance their digital offerings.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience and how it aligns with the role of Manager, Product Development. Highlight your understanding of digital payments and your ability to work in a collaborative environment.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Mastercard team.
We think you need these skills to ace Manager, Product Development, Prepaid Management Services in Peterborough
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Manager, Product Development role. Highlight your experience in digital payments and product management, and show how your skills align with Mastercard's mission to create a sustainable economy.
Showcase Your Collaboration Skills: Since this role involves working with cross-functional teams, emphasise your ability to collaborate effectively. Share examples of how you've partnered with diverse stakeholders to drive product success in previous roles.
Demonstrate Your Analytical Mindset: Highlight your strong analytical and problem-solving skills. Use specific examples to illustrate how you've translated market insights into actionable product strategies, ensuring they meet customer needs and business objectives.
Apply Through Our Website: We encourage you to apply directly through our website. This way, your application will be reviewed by the right people, and you'll have a better chance of showcasing your fit for the role in the best light!
How to prepare for a job interview at MasterCard
✨Know Your Product Inside Out
Before the interview, dive deep into Mastercard's prepaid management services and digital payment solutions. Understand their product offerings, recent innovations, and how they align with market trends. This knowledge will help you demonstrate your passion and expertise during the discussion.
✨Showcase Your Agile Experience
Since the role involves working in a SAFe Agile environment, be ready to share specific examples of your experience with Agile methodologies. Discuss how you've successfully managed product backlogs, collaborated with cross-functional teams, and delivered high-quality outcomes in previous roles.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to translate complex technical concepts into customer-focused solutions. Prepare scenarios where you've had to balance strategic thinking with execution, and be ready to explain your thought process clearly.
✨Emphasise Collaboration and Influence
Mastercard values strong collaboration across diverse teams. Be prepared to discuss how you've effectively influenced stakeholders without direct authority. Share examples of how you've built partnerships and driven product adoption through effective communication and stakeholder management.