Innovation Manager, New Product Development

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.

Title and Summary

Innovation Manager, New Product Development

Overview

At Mastercard, we believe that the future of our business depends on our ability to define and differentiate new products and solutions that drive value for our customers. Mastercard Foundry builds next-generation offerings that engineer the future of commerce. Across our interdisciplinary teams and five global R&D Labs, we create differentiated product experiences for our customers and partners leveraging actionable insights, design expertise, and advanced technologies. Through our innovation portfolios, we partner with the program teams to define key focus areas where we co invest with them to create, incubate and scale new products and services. The Manager, Product Development role is a key part of the Commercial and New Payment Flows (CNPF) portfolio, focused on building new innovative solutions to address small business pain points.

Role

• Help drive the generation and analysis of new concepts and solutions for CNPF, interfacing with internal product teams, customers, and end-users
• Own the development of concepts into commercial products, from concept through pilot, incubation and commercialization, leveraging the Foundry Engineering, Customer Research, and Experience Design teams
• Develop and own product roadmaps, pilot launch plans and business cases throughout the product development process
• Build relationships across the Global Products teams and Foundry teams to support the delivery of new products.
• Support the ideation and development of a strong pipeline of Foundry projects leveraging internal and external relationships
• Uses a data-driven approach to assess market opportunities and to build business cases incorporating accurate representations of future revenues and expense bases.

All About You

• Experience in developing and commercializing new products
• Understanding of product development concepts and practices across the product development life cycle.
• Experience in overseeing the rapid prototyping process for global/ multi-region products
• Demonstrated success in generating, structuring, evaluating, and promoting innovative ideas within an organization
• Able to build relationships and delivering results with global, multi-cultural and remote project teams
• Strong communication skills, able to articulate and where necessary simplify concepts and details.
• A strong interest and understanding of the payments industry and/or working in a B2B2C ecosystem.

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.