Vice President, Open Banking Product Management Consulting

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.

Title and Summary

Vice President, Open Banking Product Management Consulting

The Services team and solutions fuel growth for partners globally by providing cutting edge services in the areas of Customer Acquisition and Engagement, Security Solutions, Business and Market Insights, and Open Banking. Focused on thinking big and scaling fast, our agile sales team is responsible for end-to-end solutions for a diverse global customer base including retailers, airlines, hotels, tourism agencies, public sector entities, restaurants, consumer goods and telecom companies.

The Open Banking Practice Group drives development and promotion of highly configured consulting solutions to drive market development, efficiency in business development, product design and project delivery. The team combines traditional management consulting with Mastercard’s rich data assets, proprietary platforms, and technologies to provide clients with powerful strategic insights and recommendations. You will work with a diverse global customer base across industries, from banking and payments to retail and start and scale ups.

The role of Vice President, Consulting Product Management for Open Banking is global in scope and responsible for marshalling Mastercard’s resources to, as well as executing Open Banking consultancy projects.

The ideal candidate for this role will

• Drive thought leadership of open banking in multiple regions worldwide.
• Determine and drive the open banking consultancy product innovation agenda and product road map.
• Ensure flawless delivery of the consultancy services product and maintain the highest standards of quality in customer relationships.
• Work around the world and be sensitive to differences in markets’ stages of development, growing the OB business and maximizing revenue opportunities.
• Deliver the Open Banking Consulting revenue target.

Candidates for this role will likely answer ‘yes’ to the following questions:

• Are you experienced working with FIs as a strategic management consultant?
• Do you have a background building consulting products/solutions and developing intellectual capital in international consulting organizations?
• Are you comfortable with rigorous and advanced analytics?
• Do you have experience successfully leading teams and developing talent?
• Are you motivated by a fast-paced environment where you would be a subject matter expert, a connector, and a leader with a reputation for impact?

All About the Role:

Consultancy and content development

• Be an important source of intellectual insight on a client project, framing business problems in a way that the team can then execute to drive impact and client value.
• Bring deep open banking functional knowledge, expertise, and proprietary Mastercard tools to client projects.
• As the practice lead build and prioritize the consulting product roadmap for open banking working in close collaboration with peers in Mastercard Data & Services and third-party consultancies.
• Identify and develop new client opportunities to advise companies on open banking
• Ensure our consultancy capabilities are aligned with market needs and capitalize on Mastercard’s services roadmap.
• Develop and write content, including leading the team to execute. The content may include leadership/points of view documents to help establish an external and internal narrative for open banking and the practice’s role in this area.
• Develop and refine Delivery models to ensure flawless and efficient delivery of projects for our clients.
• Work with clients and the delivery team to clearly define projects.
• Ensure projects are delivered in a timely manner to the highest standards.
• Source data and commission market research to inform consultancy projects.

People Leadership

• Display strong leadership of a small team. Inspire and develop them creating a collaborative high-performance culture focused on delivery.
• Business Development & Sales
• Interface with Mastercard leadership across the organization to represent the suite of products.
• Work closely with open banking leadership and team members including specialist sales, the broader Services organization and regional Services business development teams, D&S Practice members and consultancy Delivery teams.
• Financial
• Accountability and end-to-end responsibility for delivering top and bottom-line success globally.

All About You:

• Possesses a passion for the consulting space and an appreciation for the potential it has.
• Experience with proven track record in project management, with the ability to demonstrate leading initiatives from strategic planning through tactical execution.
• Ability to quickly learn about new technologies, demonstrating subject matter expertise and industry thought leadership.
• Results driven, solutions and customer focused, with strong business acumen and sense of urgency.
• Demonstrated ability to take accountability and drive to desired results with passion, ambition, and aptitude.
• Demonstrated strong self-awareness, open to different approaches and ideas. Self-motivated, thrives in the ambiguity that comes with a lean and agile team at the forefront of an evolving space.
• MBA or other advanced degree in strategy, marketing, communications, innovation, entrepreneurship, or other related fields is a plus.

Mastercard is an 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. 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_accommodation@mastercard.com 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.

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 Mastercard’s 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 Mastercard’s guidelines.

In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance), flexible spending account and health savings account, paid leaves (including 16 weeks new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 5 personal days, 10 annual paid U.S. observed holidays, 401k with a best-in-class company match, deferred compensation for eligible roles, fitness reimbursement or on-site fitness facilities, eligibility for tuition reimbursement, gender-inclusive benefits and many more.

Pay Ranges

O’Fallon, Missouri: $194,000 – $310,000 USD

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