At a Glance
- Tasks: Lead the strategy and development of next-gen products at Mastercard.
- Company: Join Mastercard, a leader in innovative payment solutions.
- Benefits: Competitive salary, inclusive culture, and opportunities for global impact.
- Other info: Dynamic role with a focus on collaboration and high-performance teams.
- Why this job: Shape the future of payments and drive breakthrough innovations.
- Qualifications: Extensive experience in product development and strong technical fluency.
The predicted salary is between 150000 - 200000 € per year.
As Mastercard accelerates growth across its Core business, this SVP within Foundry role will lead the strategy, development, and incubation of high-impact, next-generation products—including enabling the business’s most strategic Big Bets. This leader will define and drive a holistic product and technology roadmap for breakthrough innovations, leveraging deep expertise in product development, Core Payments subject matter and/or platform architecture to transform ideas and strategy into scalable commercial solutions. The SVP will operate at the intersection of Product, Engineering, CX, and Technology, ensuring Mastercard builds differentiated, future-ready capabilities that expand our footprint in new markets, segments, and platforms. An ability to foster and grow a high-performing team within rapidly changing contexts and priorities, and an ability to drive ‘signal from noise’ are critical to the role.
Key Responsibilities
- Lead key Big Bets across Core and/or Services, or key distinct role for Foundry across Core Big Bet priorities — setting vision, strategy, investment decisions, and success metrics across the accountable workstreams/role.
- Identify opportunities to build enterprise-wide infrastructure and capabilities that can scale across product lines and drive the Core X Services flywheel-wide infrastructure.
- Evolve/refine the global innovation pipeline for key focus areas within Core Payments, ensuring concepts meet business relevance thresholds and can scale globally; pause or kill products that don’t show evidence of high commercial potential or Core Payments/enterprise scale.
- Shape and communicate the strategic narrative for New Product Development, including thought leadership and executive storytelling.
- Engage customers, develop strategic partnerships and co-creation opportunities.
- Lead a global team while fostering an inclusive, high-performance, innovation-driven culture.
- Guide teams through the full Studio lifecycle—from concept sourcing to design, technical validation, prototyping, and pilot execution.
- Partner with teams to ensure products graduate successfully from pilot to production.
- Partner with relevant teams to drive go-to-market and commercialization planning for validated concepts, coordinating with regional teams, Product, and Sales.
- Drive alignment across CX&D, R&D, and Core Product Engineering to accelerate delivery and de-risk development.
- Oversee intellectual property development, including patent filings for differentiated solutions.
Required Experience & Capabilities
- Deep, hands‑on leadership experience in product development, including scaling technology platforms and launching new products globally.
- Strong technical fluency in Core Payments, payment rails, consumer products, acceptance side technologies and critical enablers (e.g., tokenization/identity).
- Experience and at least deep awareness of key technology focus areas (e.g., agentic commerce).
- Strong interest and/or fluency in AI toolset to drive productivity, rapid prototyping and time to market.
- Proven ability to translate business strategy, potential responses to ecosystem changes and/or complex technical concepts into products with significant commercial potential.
- Experience leading and working across cross‑functional global teams in a matrixed environment.
- Ability to drive synergies, align conflicting priorities, and rapidly guide teams from exploration to execution.
- Track record of incubating emerging technologies, introducing products across multiple markets, and shaping new business models.
- Strong grasp of customer‑centered design, pilot frameworks, and product lifecycle management.
- Superior communication and executive storytelling skills.
- Demonstrated agility, resilience, and comfort operating in high‑ambiguity environments.
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.
Senior Vice President, Core New Product Development (Foundry) employer: MasterCard
Mastercard is an exceptional employer that fosters a culture of innovation and inclusivity, making it an ideal place for professionals seeking to make a significant impact in the financial technology sector. With a strong focus on employee growth and development, Mastercard offers numerous opportunities for advancement while encouraging collaboration across diverse teams. Located in a dynamic environment, employees benefit from engaging with cutting-edge technologies and strategic partnerships that drive the future of payments.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Vice President, Core New Product Development (Foundry)
✨Tip Number 1
Network like a pro! Reach out to connections in the industry, attend events, and engage on platforms like LinkedIn. We can’t stress enough how personal connections can open doors that applications alone can’t.
✨Tip Number 2
Prepare for interviews by researching the company’s recent projects and innovations. We want you to showcase your knowledge about their products and how you can contribute to their growth—especially in areas like Core Payments and new technologies.
✨Tip Number 3
Practice your storytelling skills! When discussing your experience, frame it in a way that highlights your leadership in product development and your ability to drive innovation. We believe that compelling narratives can make you stand out.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our brand.
We think you need these skills to ace Senior Vice President, Core New Product Development (Foundry)
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Vice President role. Highlight your experience in product development and how it aligns with our mission at Mastercard. We want to see how you can drive innovation and lead teams effectively!
Showcase Your Leadership Skills:In your application, emphasise your hands-on leadership experience. We’re looking for someone who can foster a high-performing team culture, so share examples of how you've successfully led cross-functional teams in the past.
Communicate Your Vision:Craft a compelling narrative about your vision for new product development. We love a good story, especially one that showcases your strategic thinking and ability to translate complex concepts into scalable solutions. Make it engaging!
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 ensure you’re considered for this exciting opportunity. We can’t wait to hear from you!
How to prepare for a job interview at MasterCard
✨Know Your Product Development Inside Out
Make sure you brush up on your product development knowledge, especially in the context of Core Payments. Be ready to discuss specific examples of how you've scaled technology platforms and launched new products globally. This will show that you have the hands-on experience they’re looking for.
✨Master the Art of Storytelling
Since this role involves shaping strategic narratives, practice your executive storytelling skills. Prepare to articulate your vision for new product development clearly and compellingly. Use real-life examples to illustrate how you've successfully communicated complex concepts in the past.
✨Showcase Your Leadership Style
This position requires leading a global team, so be prepared to discuss your leadership approach. Highlight how you foster an inclusive, high-performance culture and how you've guided teams through the full product lifecycle. Share specific instances where you’ve driven alignment across cross-functional teams.
✨Stay Ahead of the Tech Curve
With a strong interest in AI tools and emerging technologies being crucial, make sure you’re up-to-date with the latest trends. Be ready to discuss how you’ve leveraged technology to drive productivity and rapid prototyping in your previous roles. This will demonstrate your ability to innovate and adapt in a fast-paced environment.
