FAQs
What is the main purpose of the Product Manager - New Product Development role at Mastercard?
The main purpose of the role is to support the execution of new to market product development across core payments and services, including the identification, execution, and delivery of new products and solutions that drive significant revenue and strategic differentiation for Mastercard.
What are the key responsibilities of the Product Manager in this role?
Key responsibilities include engaging in idea generation for new products, contributing to product concepts and prototypes, partnering with cross-functional teams for concept validation and market testing, developing business cases, delivering high-quality collateral materials, leading workshops, and working within a matrixed organization to drive outcomes.
What qualifications are necessary for the Product Manager position?
Necessary qualifications include an in-depth understanding of the payments acceptance ecosystem, experience in the acquirer payments domain or developing Stablecoin product propositions, strong analytical and communication skills, product development and management experience, and the ability to connect people and ideas in a matrix environment.
Do I need previous experience in payments innovation to apply for this position?
Yes, previous experience working in the payments innovation space and delivering new to market value propositions is preferred for this role.
What skills are important for success in this role?
Important skills include strong analytical abilities, verbal and written communication skills, critical thinking, comfort with technical details, and experience working collaboratively with R&D teams.
Is the Product Manager role based in a specific location?
The role is based in the UK and requires the right to work in the UK without restriction.
What is the focus of the services provided by the team I will be working with?
The focus of the services is on data-driven technologies and innovation, including consulting, loyalty and marketing programs, business experimentation, and risk management services to help customers grow.
Are there security responsibilities associated with this role?
Yes, all employees are expected to abide by Mastercard’s security policies and practices, ensure the confidentiality and integrity of information accessed, report any suspected security violations, and complete all mandatory security training.
Will I be required to lead cross-functional workshops?
Yes, leading cross-functional workshops and managing follow-up actions to completion is one of the key responsibilities of the Product Manager role.
Is collaboration with other teams essential in this role?
Yes, collaboration with Product & Engineering partners, CX&D teams, and other stakeholders is essential for concept validation and driving outcomes in a matrixed environment.