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- Tasks: Drive innovative product development and market testing 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 or consulting within 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.
- Execution of near‑term opportunities that drive significant in‑year revenue and strategic differentiation for Mastercard.
- Scoping, identification, and 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.
- 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 employer: Mastercard
Contact Detail:
Mastercard Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Manager - New Product Development
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to product management. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your experience effectively.
✨Tip Number 3
Showcase your passion for innovation! When discussing your experiences, highlight any projects where you’ve contributed to new product development or market testing. This will resonate well with companies looking for forward-thinkers.
✨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 about their job search!
We think you need these skills to ace Product Manager - New Product Development
Some tips for your application 🫡
Show Your Passion for Product Development: When writing your application, let your enthusiasm for product development shine through. Share specific examples of how you've contributed to new products or solutions in the past, especially in the payments space. We love seeing candidates who are genuinely excited about innovation!
Tailor Your Application: Make sure to customise your application to highlight your relevant experience and skills that align with the job description. Use keywords from the listing, like 'data-driven technologies' and 'market testing', to show us you understand what we're looking for. This helps us see how you fit into our team!
Be Clear and Concise: We appreciate clarity in applications! Keep your writing straightforward and to the point. Avoid jargon unless it's industry-specific and relevant. This makes it easier for us to grasp your qualifications quickly and understand how you can contribute to our agile team.
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 StudySmarter and what we stand for!
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 speak confidently about how your experience aligns with their needs.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used data-driven decision-making in product development. Highlight your ability to identify opportunities quickly and how you've contributed to business case development. This will demonstrate your fit for a role that requires strong analytical skills.
✨Emphasise Collaboration and Influence
Since the role involves working within a matrixed organisation, be ready to share experiences where you've successfully collaborated across teams. Talk about how you've influenced outcomes and managed follow-up actions in previous roles, showcasing your ability to connect people and ideas.
✨Prepare for Technical Discussions
Brush up on your understanding of Stablecoin product propositions and the technical details surrounding payments innovation. Be prepared to discuss how you've worked with R&D teams in the past, as this will show your comfort with technical aspects and your critical thinking abilities.