Vice President, Government Affairs and Policy

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, Government Affairs and Policy

Role
The successful candidate for this role will be responsible for the development of Mastercard’s global public policy positions related to payment network economics and the cost of acceptance, as well as the coordination of internal alignment around these positions.
Key responsibilities associated with this role will include:
• Tracking the evolution of global regulatory and policy measure designed to alter or restrict the role of market economics within payment networks, including but not limited to the regulation of interchange, scheme fees, and the introduction of routing requirements.
• Commissioning, conducting, and curating quantitative analysis into the economic value of payments and the unintended consequences of restrictions on network economics.
• Developing education, thought leadership, and advocacy materials designed to support local advocacy and policymaker engagement efforts around network economics and the cost of acceptance.
• Collaborating with Mastercard’s regional Government Affairs teams to shape local dialogues on this topic by driving the development of consultative responses, participating in the development of policy engagement strategies, and providing subject matter expert support for meetings with key stakeholders
• Coordinating the internal sharing of insights and best practices related to network economics and developing structured approaches for reconciling diverging local approaches to restrictions on network economic

All About You
• A leading specialist in the economics of payment networks with a robust set of foundational economic qualifications (preferably a PhD, or at least a Masters level certification).
• Demonstrated experience in leading the development of advocacy materials and collaborating with local government affairs teams on the engagement of policy makers and the assembling of advocacy coalitions.
• Demonstrated experience managing projects within complex matrix organizations through effective the coordination of resources from across teams/regions, and where necessary, the escalation of key decisions to executive leadership.
• A demonstrated capacity to effectively scope economic analysis and, where necessary, identify and engage best in class third party experts to conduct this analysis.
• A robust understanding of the key issues and stakeholders animating policy and regulatory debates around payments, network economics, and competition
• A demonstrated capacity to ‘think like a policymaker’, placing yourself in mindset of legislators, regulators, and standards setters to understand their underlying motivations and policy objectives
• A demonstrated history of building strong working relationships with policy SMEs within the public sector (legislative, administrative, and regulatory) by serving as a trusted SME and source of private sector insights
• The ability to analyze and manage complex issues, analyzing them from a range of perspectives, setting clear objectives, and working collaboratively with teammates towards a shared goal

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 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

Washington, District of Columbia: $221,000 - $353,000 USD

New York City, New York: $230,000 - $368,000 USD