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- Tasks: Drive innovative product development and market delivery for cutting-edge payment solutions.
- Company: Join Mastercard, a leader in global payments innovation.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on creativity and innovation.
- Why this job: Be at the forefront of payment technology and make a real impact on global markets.
- Qualifications: Experience in product management and a strong understanding of the payments ecosystem.
The predicted salary is between 60000 - 80000 ÂŁ per year.
Product Manager - New Product Development 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.
- 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 Innovation Manager employer: Mastercard
Contact Detail:
Mastercard Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Innovation Manager
✨Tip Number 1
Network like a pro! Reach out to people in the payments and product innovation space. Use LinkedIn to connect with industry professionals, join relevant groups, and engage in discussions. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! Create a portfolio or a personal website showcasing your past projects, especially those related to product development and innovation. This gives potential employers a tangible sense of what you can bring to the table.
✨Tip Number 3
Prepare for interviews by practising common questions related to product management and innovation. Think about how your experience aligns with Mastercard's focus on data-driven technologies and agile solutions. We recommend doing mock interviews with friends or using online platforms.
✨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, it shows you’re genuinely interested in being part of our innovative team at Mastercard.
We think you need these skills to ace Product Innovation Manager
Some tips for your application 🫡
Show Your Passion for Innovation: When writing your application, let us see your enthusiasm for product innovation! Share examples of how you've contributed to new product development in the past and how you think big when it comes to ideas.
Tailor Your Experience: Make sure to highlight your experience in the payments acceptance ecosystem. We want to know how your background aligns with the role, so be specific about your achievements in product management or consulting roles.
Be Clear and Concise: We appreciate clarity! Use straightforward language and get to the point. Avoid jargon unless it's relevant to the role. This will help us understand your skills and experiences without any confusion.
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’s super easy!
How to prepare for a job interview at Mastercard
✨Know Your Product Inside Out
Make sure you have a solid understanding of the payments acceptance ecosystem and the latest trends in product innovation. Familiarise yourself with Mastercard's services and how they differentiate themselves in the market. This 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 your analytical skills to drive product development or innovation. Think about times when you identified opportunities or developed business cases that led to successful outcomes. Being able to articulate these experiences will demonstrate your fit for the role.
✨Engage in Idea Generation
Be ready to share your thoughts on new-to-market products and solutions. Consider bringing a few ideas to the table that align with Mastercard's goals. This shows initiative and creativity, which are key traits for a Product Innovation Manager.
✨Emphasise Collaboration and Influence
Since the role involves working within a matrixed organisation, highlight your experience in cross-functional collaboration. Share examples of how you've influenced outcomes in previous roles, especially when working with diverse teams like Product, Engineering, and R&D. This will illustrate your ability to navigate complex environments effectively.