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Senior Analyst, Business 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

Senior Analyst, Business Development

We are looking for an Analyst, Business Development to join our growing B2B Partnerships team. The team’s role is to provide best-in-class support to Mastercard’s B2B platform partners, issuers, and corporates rooted in customer centricity. This individual will be expected to be a key contributor supporting the BD team to deliver on sales KPIs and develop new opportunities that further position Mastercard as the leaderB2B payments partner of choice.

• Operating worldwide, together, the Mastercard Commercial and New Payment Flows (CNFP) division B2B Partnerships team leverages Mastercard’s assets to open new business in non-traditional sectors.

• The team partners with industry leading organizations to orchestrate new value, drive new solutions, or effect new partnerships to better serve end-customers, markets, and ecosystems.

• The card and non-card, business-to-business (‘B2B’) payments space represents a significant new opportunity for Mastercard and the B2B Partnerships team has been developing partnerships, a platform vision, and an approach to address historic pain points around B2B Payments leading the way to transform B2B payments by embedding payments into the business process and create new value at multiple levels.

• The Analyst, Business Development will be responsible for supporting the BD team’s day-to-day engagements with partners and clients to drive measurable customer success by coordinating with internal Mastercard teams around the activities needed to support B2B network partners, sales campaigns and enablement programs for suppliers on digitized payments (card and non-card).

• The Analyst, Business Development will collaborate with the BD team to understand their goals and objectives, identify and progress prospects through the sales cycle by coordinating meaningful engagements that align with their prospect’s needs.

• The Analyst, Business Development will build direct relationships with the B2B network partners and expand Mastercard’s relationships within the partner organization and their clients to create go to market plans that will drive payment volumes and revenue. These activities may include, but not limited to analysis of a buyer’s suppliers, leveraging Mastercard or the B2B network’s spend analysis or data analysis tool, developing outreach campaigns and documentation, supporting creation of go to market materials and assets, and creating internal and external stakeholder management and communications.



Role

• Support the B2B Partnerships BD team on day-to-day engagements to drive forward wins and market expansion.

• Collaborate with the B2B Partnerships BD team to understand their goals and objectives. Collaborate on strategies to identify and progress prospects through the sales cycle and arrange engagements that align with the prospect's needs and preferences

• Research and identify prospects and decision makers/key stakeholders within the organizations.

• Stay up to date on market trends, provide valuable insights into industry dynamics and competitor strategies helping the company to remain agile and inform future business decisions

• Facilitate discussions with internal and external partners and customers to advance our sales/BD strategies

• Maintain and modify (Salesforce) reporting for the team.

• Collaborate with team on creating presentations for client and partnership engagements.

• Work with Exec leadership to compile data for reporting against key KPIs and as foundation to external quarterly business reviews.

• Identify and maintain ongoing communications with internal and external stakeholders, business customers and their suppliers, related partners and third-party networks and collaboration hubs as needed.

• Gather requirements and learnings from our corporate clients and partners for our internal Product and Strategy teams to innovate and strengthen our solutions.

• Collaborate with our PMO to prepare and distribute program and executive leadership updates as needed, including measurements against GDV targets

• Conduct weekly update meetings with key contributors

• Build and maintain relationships within the key partner and customers.

• Support the B2B Partnerships team with conference, event and meeting planning



All About You:

• 2 – 4 years related work experience, preferably in business development in a B2B environment in Financial Services or Software.

• Strong research and analytical skills to identify potential industries and prospects to generate leads

• Excellent written and verbal communication and interpersonal skills to quickly build rapport and relationships with prospects, partners, and internal stakeholders to effectively deliver value proposition

• Strong organizational and planning skills while being proactive in following up with prospects and provide timely responses to their inquiries or requests for information.

• Self-motivated with strong desire to succeed with a proven track record of delivering success while operating within a team

• Proficiency with CRM software and sales tools – Salesforce, LinkedIn, Sales Navigator, ZoomInfo, Dun & Bradstreet

• Proficient in MS Office – (Excel, PowerPoint, Word & OneNote)

• Passion for technology, B2B payments and strong desire to always be learning

• A strong desire to succeed, self-motivated, and willing to put in the necessary effort to achieve your goals

Essential knowledge, skills, and experience:

• You are detail-oriented and have a clear definition of requirements and timelines.

• You have experience managing to customer expectations on deliverables and milestones

• You take initiative, and collaborative with extended team members

• You are organized and efficient in work processes

Desirable or additional capabilities:

• Business to business (B2B) network, procure-to-pay and ERP awareness

• Strong understanding of one or more key corporate business roles, specifically, procurement/sourcing, payment/treasury, and/or regulatory/supply chain risk management.

• Familiarity with commercial card and payment programs and how they work.

Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

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.

In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance), flexible spending account and health savings account, paid leaves (including 16 weeks new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 5 personal days, 10 annual paid U.S. observed holidays, 401k with a best-in-class company match, deferred compensation for eligible roles, fitness reimbursement or on-site fitness facilities, eligibility for tuition reimbursement, gender-inclusive benefits and many more.

Pay Ranges

Purchase, New York: $101,000 - $162,000 USD

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Average salary estimate

$131500 / YEARLY (est.)
min
max
$101000K
$162000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Analyst, Business Development, Mastercard

Join the dynamic team at Mastercard as a Senior Analyst in Business Development, where you’ll play a pivotal role in shaping the future of B2B payments! Located in Purchase, New York, this position offers you the chance to work at the heart of our Commercial and New Payment Flows division. As a Senior Analyst, Business Development, you’ll support our B2B Partnerships team by engaging directly with partners and clients, ensuring their success with our innovative payment solutions. Your mission? To drive measurable customer success and create impactful go-to-market strategies that resonate with industry leaders. You will work collaboratively to identify potential prospects, understand their unique needs, and spearhead initiatives that position Mastercard as the go-to B2B payments partner. With your sharp analytical skills and passion for technology, you'll research market trends and facilitate important discussions that help to create new value in the B2B payments space. Your role will also involve maintaining Salesforce reporting, crafting compelling presentations, and nurturing relationships within partner organizations. At Mastercard, we thrive on diversity and believe in empowering our employees, offering generous benefits aligned with your well-being. If you're ready to make a meaningful impact on the digital economy, come join us at Mastercard!

Frequently Asked Questions (FAQs) for Senior Analyst, Business Development Role at Mastercard
What are the primary responsibilities of a Senior Analyst, Business Development at Mastercard?

As a Senior Analyst, Business Development at Mastercard, you’ll support the day-to-day activities of the B2B Partnerships team aimed at driving market expansion and customer success. Your key responsibilities include coordinating sales campaigns, conducting market research, and building relationships with B2B network partners. You'll also collaborate with internal teams to gather insights and deliver go-to-market strategies. Your role is crucial in identifying prospects and aligning our offerings with their needs to boost payment volumes.

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What qualifications do I need to apply for the Senior Analyst, Business Development role at Mastercard?

To be considered for the Senior Analyst, Business Development position at Mastercard, you should have 2-4 years of related experience, preferably in a B2B environment within Financial Services or Software. Strong analytical and research skills are essential to identify potential leads. Exceptional communication and interpersonal abilities will be vital for building relationships with partners and internal stakeholders. Proficiency in CRM software like Salesforce is also required.

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How does Mastercard foster professional growth for a Senior Analyst in Business Development?

Mastercard places a high value on continuous learning and professional development. As a Senior Analyst, you'll have access to various training resources and mentorship programs catered to your career trajectory. You’ll be encouraged to participate in industry conferences and workshops, allowing you to stay informed about market trends and enhance your skill set. Moreover, Mastercard’s culture of collaboration fosters an environment where you can learn from your peers and contribute to innovative solutions in the B2B payment space.

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Can you describe the work culture at Mastercard for a Senior Analyst, Business Development?

At Mastercard, the work culture is inclusive, innovative, and collaborative. As a Senior Analyst, Business Development, you’ll be part of a diverse team that thrives on creativity and collaboration. The company fosters an environment where everyone’s ideas are valued, and employees are encouraged to speak up and share insights. With a strong emphasis on customer centricity, you’ll work alongside passionate individuals united in a mission to reshape the digital economy.

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What does success look like for a Senior Analyst, Business Development at Mastercard?

Success for a Senior Analyst, Business Development at Mastercard is defined by your ability to help penetrate new markets and develop sustainable partnerships. Achieving sales KPIs, effectively managing client engagements, and contributing to innovative B2B payment solutions are critical indicators. Engaging deeply with both internal and external stakeholders to facilitate win-win scenarios and consistently expanding Mastercard’s network relationships will also show your impactful contribution to the team and the company.

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Common Interview Questions for Senior Analyst, Business Development
Can you describe a successful project you managed as a Senior Analyst in a business development role?

In preparing for this question, think about a specific project where you played a key role in achieving positive outcomes. Discuss the goals, your contributions, challenges faced, and the ultimate success of the project. Highlight how your analytical and interpersonal skills contributed to the outcome, aligning with Mastercard’s focus on measurable customer success.

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How do you approach market research when identifying prospects?

To effectively answer this question, describe your research methodology, such as using tools like LinkedIn or Salesforce for data mining, analyzing industry trends, and tapping into competitor strategies. Emphasize the importance of staying current with market dynamics to drive successful B2B partnerships at Mastercard.

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What strategies would you use to build relationships with B2B partners?

When answering this, discuss the importance of personalized communication and understanding your partners’ business needs. Share specific examples of how you’ve previously cultivated relationships, either through in-person meetings or strategic follow-ups, and how that helped in creating long-term collaborations that align with Mastercard's customer-centric approach.

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How do you handle competing priorities in a fast-paced environment like Mastercard’s B2B Partnerships team?

Explain your method for managing time and tasks, like creating priority lists or utilizing project management tools. Illustrate your ability to keep communication clear with your team and your method for assessing which tasks can yield the most impactful results for the team’s objectives in a high-pressure environment.

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What analytical tools or methodologies do you use to assess market trends?

Detail your familiarity with data analysis tools like Excel or specific B2B analytics platforms. Share your experience in interpreting data to inform business decisions and how it drives strategy in your past roles. Make sure to connect your response to Mastercard’s key objectives in transforming B2B payments.

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Can you give an example of how you improved a process in a former business development role?

Think of a process improvement initiative you led and describe the steps you took to implement it. Focus on the problem initially observed, your action plan, and the result, illustrating how this aligns with Mastercard's commitment to efficiency and innovation.

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How do you maintain client engagement during a long sales cycle?

Discuss techniques like regular check-ins, providing relevant content, or personalized updates on relevant industry trends. Emphasize the importance of building trust and ensuring you are a resource for your clients throughout the sales journey, aligning with Mastercard’s emphasis on customer success.

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What interests you most about B2B payments and why should Mastercard hire you?

Express your genuine interest in B2B payments and how Mastercard's initiatives align with your career aspirations. Highlight your relevant experience, passion for learning, and commitment to contributing to Mastercard’s vision of a sustainable digital economy to showcase why you're a fitting candidate.

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Describe a time when you had to influence a stakeholder to support a new business initiative.

Prepare a STAR (Situation, Task, Action, Result) response. Focus on your strategies for understanding stakeholder concerns, presenting data to support your initiative, and ultimately getting buy-in. Discuss the importance of collaboration and communication in achieving stakeholder alignment.

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How do you measure the success of a business development initiative?

Outline the key performance indicators (KPIs) you focus on, such as sales volume, client engagement levels, or market penetration rates. Discuss your experience collecting data post-initiative to assess impact and inform future strategies aligned with Mastercard’s focus on measurable success.

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We believe in connecting everyone to Priceless possibilities. We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.

142 jobs
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BADGES
Badge Diversity ChampionBadge Future MakerBadge Global CitizenBadge Office VibesBadge Work&Life BalanceBadge Rapid Growth
CULTURE VALUES
Inclusive & Diverse
Empathetic
Collaboration over Competition
Growth & Learning
Transparent & Candid
FUNDING
SENIORITY LEVEL REQUIREMENT
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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 31, 2025

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