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
Senior Specialist, Product Development
Job Title: Senior Specialist, Product Development
Who are we:
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
Our Network platform strategy team is a multi-disciplinary team with ownership and accountability to envision & build the next generation of our core network. The network is the company's core strategic asset, directly driving over $8 billion in revenue and providing the platform for our other key services. The team’s goal is to ensure the long-term competitiveness of our card network versus alternatives, for existing and new payments use cases; and to grow revenue by delivering more value to our bank customers, as well as cardholders and merchants.
Role Overview:
The role offers an opportunity to join the product team driving functional specifications of Mastercard’s products. As a Specialist, you will join the platform strategy team, where you will be responsible for -
Define technical requirement using ISO 20022 message specifications to develop new products and services or their components.
Work closely with Mastercard global stakeholders to own and drive product strategy
Collaborate with cross-functional teams like Switching solutions to define ISO 20022 message specifications management
Working knowledge of RESTful APIs, including understanding of JSON/XML payload structures, API versioning, authentication mechanisms, and error handling frameworks.
Ability to translate ISO 20022 / ISO 8583 message specifications into API-based service definitions and collaborate with engineering teams on API-first product design.
Own release management process for finalized ISO 20022 specifications to ensure successful product/feature launches
Support the development and market rollout of functional upgrades and new product offerings
Propose and drive changes to Mastercard rules or programs to drive outcomes beneficial to the ecosystem, including cardholders, merchants and financial institution customers
Present overviews of your approach, proposals and progress to key decisionmakers and Product leadership
An ideal candidate should have:
Bachelor's degree or equivalent practical experience (required)
5+ years of Product management/development/owner experience (preferred)
Professional experience of working with ISO 8583 format (required)
Experience/knowledge in ISO 20022 message specs management (preferred)
Basic data extraction skills (SQL/Python) (preferred)
Passionate and knowledgeable about technology, innovation, payments and digital commerce.
Business-oriented and strategic mindset in product development and decision-making
Knowledge of basic agile software development and product lifecycle concepts
Ability to understand, interpret and analyze financial information
Superior communications, presentation, and interpersonal skills
Ability to operate with minimal supervision and make informed decisions independently
Experience in presenting and communicating complex/detailed topics
Strong ability to multi-task, organize, manage, and implement complex projects
High attention to detail and a self-starter, who can work independently and adjust to shifting priorities.
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.
