Director, Product Development - Foundry

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, innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Director, Product Development - Mastercard Foundry

Mastercard Foundry is the innovation engine of Mastercard and a hub for new product development. We drive product innovation in emerging technologies and interfaces, focusing on developing a point of view to enhance existing solutions and create new use‑cases. We also build revenue‑generating ecosystems that can operate independently in adjacent segments and markets, including commercial payments, new payment flows, real‑time payments, data and services.

• Partner with global and regional Cyber Product teams to understand the space, customer pain points and market dynamics.
• Engage in idea generation for new products and services, including workshop facilitation and collateral development.
• Develop product concepts and prototypes and independently own and deliver key tasks associated with them.
• Partner with Product & Engineering and our CX&D team on concept validation and market testing and independently own and deliver key tasks associated with them.
• Contribute/own business case development and planning for individual products.
• Own and deliver high‑quality collateral materials to facilitate internal and external decision‑making.
• Foster innovation and new idea generation through Design Thinking workshops, Core Drives, Sandbox Challenges.
• Lead cross‑functional workshops and manage follow‑up actions to completion.
• Partner with CXD, Product and R&D teams by providing prioritized requirements.
• Work within a matrixed organization to influence and drive outcomes within tight timelines.

• Strong product development and management experience, including rapid opportunity identification, concept development, product requirements and user stories, business model innovation, and in‑market testing of global products is preferred.
• In‑depth understanding of the payment ecosystem, flows and security solutions.
• Understanding of the Cyber domain and prior experience in the space required.
• Previous experience working in Payment innovation space delivering new to market value propositions strongly preferred.
• Strong collaborator to move things at speed while managing ambiguity.
• Visionary and can connect the dots across domains.
• Strong analytical, verbal and written communication skills. Compelling storyteller, linking the dots to fit the broader Security Solutions and Mastercard narrative.
• Critical thinker comfortable with technical details and experienced working with R&D teams.
• Flair in connecting people and ideas; ability to operate in a matrix environment.

Mastercard is a merit‑based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disability 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 accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable and identify the type of accommodation or assistance you are requesting.

Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

• 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.
• Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.

In line with Mastercard’s total compensation philosophy and assuming that the job will be…