Director, Global Pricing & Interchange - Regulatory

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

Director, Global Pricing & Interchange - Regulatory

Overview:

The Global Pricing and Interchange (P&IC) team:
• Partners across regions and global business units to execute changes in economics aligned to product- and market-led strategy under a consistent strategic framework.
• Leads the execution of initiatives whose complexity and scope require a global view and coordination.
• Advocates and drives revenue optimization, simplicity, enhanced customer and employee experience, and adherence to principles.
• Supports legal & public policy teams on responses to external parties related to interchange and pricing.
• The team has a privileged position with visibility into impactful initiatives across the organization, providing members the ability to influence and enrich many commercial conversations, through innovative and strategic thinking.


Role:
• Effectively manage and prioritize execution of portfolio of key transformational initiatives.
• Successfully drive initiatives from ideation to creation, regional syndication, and execution.
• Identify and develop creative solutions, with a strong analytical and fact-based foundation, and lead teams toward its implementation.
• Manage pipeline of competitive intelligence/market research and corresponding third-party engagements.
• Support external facing teams (i.e., commercial, public policy, regulatory) in value advocacy efforts including creation of pricing for value and pro-competitive narratives.
• Lead and support responses to regulators on the topic of interchange and pricing by coordinating the input of internal subject matter experts on the topic.
• Develop standard responses to questions and partner with legal, regulatory to enhance and maintain a database of response documents, external research, and available narratives.
• Develop, socialize, and align with sr. management a response strategy/ playbook for external engagement.
• Develop, manage and field external studies in support of value quantification efforts and external engagement needs.
• Partner and liaise with several stakeholders across the organization conducive to advance assigned projects.
• Communicate effectively to peers and management progress against initiatives.


All About You:
• Experience with regulatory engagement on the topic of payments, interchange, and pricing.
• Experience applying financial and business management principles, theories, and concepts.
• Experience with financial modeling (e.g., P&L projections, Cost-benefit, ROI, etc.).
• Strategic thinker with a strong orientation to detail and execution.
• Strong interpersonal and leadership skills; ability to build alignment without direct authority.
• Strong verbal and written communication skills, ensuring that key messages are articulated in a brief and clear manner.
• Self-managed and self-driven. Able to anticipate needs and execute according to them.
• Ability to turn data into meaningful information and present it in a concise, professional manner for senior management review.
• Ability to lead through influence and thrive despite challenges.
• Ability to interact effectively across multiple functions, geographies, and levels within the company.
• Advanced PC skills including Microsoft Office Suite, data mining, python, Power BI, Tableau, Etc.
• Excellent project management skills with the ability to work on several projects simultaneously.
• Ability to handle confidential information and materials with appropriate discretion
• Bachelor’s degree required, MBA highly desirable
• Limited global travel but required as needed

Purchase/Washington DC salary range - 159,000 - 254,000
NYC salary range - 166,000-265,000
Miami salary range - 138,000-221,000

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 accommodations or assistance to complete the online application process or during the recruitment process, please contact [email protected] 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 and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. 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 of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 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; and many more.

Pay Ranges