Specialist, Product Development

Job Title:Specialist, Product DevelopmentOverview:Who is Mastercard?Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential.Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.OverviewMastercard Foundry is the innovation engine of Mastercard and a hub for new product development. We do this by driving product innovation in emerging technologies and interfaces while focusing on developing a point of view to enhance existing solutions and new use-cases. We also focus on building revenue generating ecosystems and flywheels that can be standalone in adjacent segments and markets.Role:• Uncover new trends and identify relevant opportunities in the future of payments.• Present findings that translate complex concepts into simple, compelling narratives.• Based on leading user research, draft user stories, iterate on solutions (e.g., UI or API), and write functional requirements• Experiment quickly with proposed solutions via development of prototypes and proofs-of-concept.• Develop go-to-market plan to deploy pilots and commercial solutions in market, in partnership with regional leads and sponsoring business units.• Build analytics and business cases to prove commercial value of products launched.• Partner with cross-functional teams (e.g., Technology, Legal, Data Privacy, Delivery, Finance, Marketing, Sales, etc.) to develop concepts and navigate the product development lifecycle, from early-stage concept ideation through commercialization.• Analyze and translate information into actionable insights and recommendations to drive business strategy and innovation.• Manage assigned initiatives and compile updates to share progress with executive leadership.All about you:• Passion for innovation and emerging technology• Strong problem solving, research, analytical and quantitative skills, with the ability to size market opportunities• Excellent project management and organizational skills• Excellent presentation and communication skills, both drafting and presenting, oral and written• Experience in product management and design thinking• Experience in the evolution of digital payments, including key trends market, competitive and regulatory trends a plus• Prior consulting or emerging payments experience a plus• Bachelor’s degree requiredCorporate Security ResponsibilityEvery person working for, or on behalf of, Mastercard is responsible for information security. All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and therefore, it is expected that the successful candidate for this position 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.