Vice President, Rewards

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.

Vice President, Total Rewards Overview

The Total Rewards team is responsible for delivering world‑class programs that position the company as an employer of choice. This global team designs and delivers compensation, benefits, and mobility programs for employees and leads human resources M&A activities. The position will lead compensation consultative support and Total Rewards projects and initiatives for designated business units.

• Serve as the primary consultant to designated business units on all compensation-related items, ensuring market‑competitive pay and internal alignment with Mastercard’s philosophies.
• Partner with HR leaders and Business Partners to provide guidance on all components of compensation, including job evaluation, executive offers, and year‑end allocations of base, bonus, and LTI.
• Develop relationships and establish credibility with business unit executives, HR Business Partners, and key stakeholders across the company.
• Consult with management on pay program levers, including job structures, to ensure compensation design aligns with organizational design.
• Stay abreast of best practices and make recommendations to design teams based on market practice and intelligence.
• Direct compensation due diligence, cost analysis, retention strategies, and other assessments in support of M&A transactions.
• Ensure the effectiveness of programs and services to the business, gather real‑time intelligence from the business, and relay this back to internal stakeholders.
• Focus exclusively on consulting with business units and liaising with other parts of Total Rewards to execute programs.
• Collaborate on special projects with rewards design and delivery teams as needed.
• Ensure the successful delivery of Rewards programs globally, operational excellence, and an optimal employee experience.

• Leadership experience in compensation consultation.
• Bachelor’s and master’s degrees are desirable.
• Ability to consult and influence stakeholders.
• Record of working cross‑functionally and collaboratively at all levels.

• Rewards acumen and content expertise.
• Agile and high degree of initiative; effectively manages multiple demands in a demanding environment.
• Diligence and ability to juggle competing priorities during heavy compensation cycles/processes.
• Ability to quickly establish trust and credibility across teams, including COE and other Total Rewards Partners.
• Inspirational and empathetic; may have management responsibilities and will mentor team members to execute goals and objectives.

• Compensation expert with strong knowledge of Total Rewards programs, design practices, and administration.
• Relationship manager to P&C and key business stakeholders.
• Agile and high degree of initiative; effectively manages demands in a demanding environment.
• Analytical person who applies creativity to support effective proposals and solutions.
• Highly collaborative team member who proactively informs and drives process improvements.
• Strong analytics and data management skills, including Excel, modeling, and analytical skills to leverage data for insights and consulting.
• Effective and persuasive communication skills.
• Strong diligence and sense of urgency; ability to prioritize, multi-task, and meet deadlines in a fast‑paced, dynamic, team environment.

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…