Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, weāre helping build aĀ sustainableĀ economy where everyone can prosper. We support a wide range of digital payments choices, making transactionsĀ 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
Vice President, Strategy Pricing & Interchange
Overview:
As Vice President, Strategy Pricing & Interchange in the Revenue Optimization & Planning team in Core Payments, you will work at the heart of Mastercardās business and enjoy a broad exposure to all its different aspects. You will work in a truly global context and focus on coordinating the development of a medium- to long-term revenue plan and driving the development of Mastercard core fee pricing initiatives and strategies and lead the Network Platforms & Services team.
In this position you will be leading the pricing and interchange strategies for MasterCard products and services, with a strong focus on Mastercardās core fees. You will design, assess and implement initiatives to strengthen MasterCardāsā competitive position on product and global, regional, and country level. By enhancing and shaping our economics you play an important role in the development and adoption of innovative payment solutions.
You will have broad exposure within the organization and work closely with commercial teamsā and Global & Regional Product management representatives and liaise with the key functional partners in Legal and Finance. You will serve as strategic thought partner for senior management and contribute to key projects for MasterCardās strategy. The ideal candidate will possess strong data analytical skills combined with a keen business acumen to drive pricing strategies that maximize revenue growth and market competitiveness. An in-depth understanding of current Mastercard economics is an absolute necessity for the role.
Role:
In the role you will:
ā¢ Identify and design global opportunities to strengthen Mastercardās economics and to position them successfully for the future, considering competitive realities and emerging technologies.
ā¢ Conduct holistic assessments of the different initiatives considering multiple perspectives such as strategy, service value creation potential & customer willingness-to-pay analyses, risk, financial impact simulations and scenario analyses at country & customer level, feasibility...
ā¢ Prepare and present recommendations and support materials to senior management for decision-making. You will be expected to play an active role in driving the initiatives from ideation to completion.
ā¢ Lead the Network Platforms & Services team
ā¢ Collaborate closely with Regional Core Payments product, country management, and regional & global Pricing & Interchange teams
ā¢ Participate in cross-functional teams and work closely with various internal and external stakeholders, e.g. country & account management, Finance, O&T, Legal, ā¦
ā¢ Represent Core Payments in global economics projects.
All About You
The ideal candidate:
ā¢ Extensive experience in Mastercard economics, covering both pricing and interchange, is required
ā¢ Masterās degree in Data Science, Statistics, Mathematics, Economics, Engineering, or a related field
ā¢ MBA is a plus
ā¢ Experience in finance and/or economics, with strong analytical and quantitative skills.
ā¢ Is proficient in Excel and masters data analysis and modeling
ā¢ Experience with programming languages such as SQL, Python, R, or similar is a major asset
ā¢ Detail-oriented and skilled in problem-solving, able to work independently in fast-paced environments while conducting complex analyses and translating data-driven insights into clear, actionable business strategies for diverse stakeholders.
ā¢ Able to develop a strategic perspective on Mastercardās products and services, with a strong emphasis on digital security solutions ā including tokenization, authentication āand their economic impact.
ā¢ Possesses strong business acumen to initiate and drive impactful outcomes, while bringing an innovative, proactive approach to solving complex problems; a collaborative team player who is hands-on and maintains a positive, humoristic, and approachable attitude.
ā¢ Has excellent English communication skills (verbally and written).
ā¢ Customer-oriented with a strong sense of accountability and urgency, combined with a high level of drive and curiosity to continuously learn and grow
Experience:
ā¢ Mastercard economics subject matter experience is required
ā¢ Proven leadership and project management skills, with a strong track record of managing multiple projects involving internal and external partners, while leading and coordinating multi-functional teams as a subject matter expert to successfully execute and deliver results against established objectives.
ā¢ Ability to evaluate business needs and define actionable strategies that seamlessly integrate technical and business components, coordinating cross-functional collaboration to deliver measurable results for Mastercard Worldwide.
ā¢ Written and oral fluency in English required, Spanish a plus
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 Mastercardās 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 Mastercardās guidelines.