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Vice President, Global Bill Pay Strategy and International Product Development
MasterCard
Purchase, NY, United States
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Who is Mastercard?
We are the global technology company behind the world’s fastest payments processing network. We are a vehicle for commerce, a connection to financial systems for the previously excluded, a technology innovation lab, and the home of Priceless®. We ensure every employee has the opportunity to be a part of something bigger and to change lives. We believe as our company grows, so should you. We believe in connecting everyone to endless, priceless possibilities.
Vice President, Global Bill Pay Strategy and International Product Development
Overview:
As Mastercard seeks to define a world beyond cash, we are pursuing payment opportunities leveraging non-card technologies. Mastercard’s acquisition of Vocalink adds Real-Time Payments (RTP) to our solution set, allowing us to capture new segments of cash, check and ACH payments for the network. One of the largest identified opportunities for Mastercard is in revolutionizing consumer bill pay. In many markets, like the U.S., the current consumer bill pay experience is cumbersome, costly, slow and fragmented. By combining our RTP assets with our existing biller network, like RPPS in the U.S., we can bring a solution to market that improves this outdated ecosystem for all parties involved. To win in the market, we will also leverage our strengths in brand, standards, consistency, trust and security.
To accomplish this, we must build a world-class bill pay product. Our first focus market is the U.S., and others will quickly follow. We will engage key external partners to create our new biller network, including the largest banks and bill service providers in each market. This global leader will work closely with our counterparts in the Regions (Product, Sales and Account teams) to prioritize and build out new bill pay opportunities for the Mastercard Biller Network. This role will also be responsible for identifying potential strategic partners and/or acquisition targets globally that can accelerate time to market for Mastercard.
We are looking for an experienced payments professional to lead international bill pay strategy, and overall global product strategy. Additionally, this leader will identify new potential strategic partnerships, investments or acquisition targets in the bill presentment and payment ecosystem.
Role description:
• Evaluation and assessment of international markets for bill pay.
• Identification of potential strategic partners.
• Develop prioritized market entry strategy for each international market.
• Work with the customer account management teams in the qualification and prioritization of target markets
• Develop partnership models, identify target companies and pursue strategic partnerships, investments and/or acquisitions that add value to the network
• Refine global product strategy based on industry trends
• Maintain current view of competitive landscape and the impact of competitor moves on Mastercard’s global bill pay strategy
All about you:
• Strong strategic mind
• Innovative approach to business
• Strong written and verbal communications
• Relationship builder
• Partnership development experience
• Experience in payments and/or billing
• Worked closely with retail banks, treasury management organizations, payment companies, Fintech’s, bill presentment companies
• Comfortable interacting with and experienced at influencing all levels of management to influence internally and externally
Education/Certification Requirements:
• Bachelor's degree, MBA preferred
• Purchase or London office location
• Significant travel required
Mastercard is an inclusive Equal Employment 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.