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Vice President, Strategy Pricing & Interchange

AT Mastercard
Mastercard

Vice President, Strategy Pricing & Interchange

Gurgaon, India

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, Strategy Pricing & Interchange

Overview
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.

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We are looking for passionate and talented professionals, who share our vision for data-driven solutions, to join us and take a leading role in shaping the growth of our team.

About the Role

The Revenue Management and Investment Prioritization team has these areas of focus:
1. Investment Prioritization and Enablement: Manage the strategic identification and approval of long-term investments in Services products

2. Revenue Assurance: Identify potential revenue leakage opportunities (i.e., places where expectations are misaligned with realized revenue) and perform deep "detective work" to identify and resolve the root causes of revenue leakage

3. Revenue Optimization: Identification and project management of short-term revenue opportunities in collaboration with Services Business Development teams

The Vice President role will oversee and support the team responsible for driving activities within those areas. Specifically, this role will:

1. Partner with Finance and Product teams to translate long-term product and pricing strategy into investment priorities

2. Develop tools and best practices for developing investment proposals

3. Build and own identification, assessment, and prioritization process through annual investment planning process and identification of "shovel-ready" requests each quarter

4. Ensure tracking and reporting of longitudinal impact of past investments, ensuring accountability for investment returns

5. Execute special projects to accelerate short-term revenue, in collaboration with Sales and Product teams

6. Systematically develop and drive strategies for optimizing revenue, such as penetrating new regions, adjusting economic models, or leveraging various funding sources

7. Build and maintain a pipeline of identified revenue assurance and optimization opportunities, then prioritize based on upside potential and organizational priorities

8. Create clear and concise PowerPoint presentations for senior stakeholders (at the Management Committee level) to support the work of each area of focus and articulate the financial impact of the team

All About You

Successful candidates will demonstrate the following capabilities:

Intellectual Curiosity: A desire to quickly learn about the various Services lines of business, economic drivers, technical systems, and billing processes

Commercial Acumen: The ability to quickly and efficiently identify the economics of a diverse set of products and drive strategies with tangible financial outcomes

Stakeholder Management: Partner with teams across Finance, Sales, and Product (amongst others) to create a vision for the team, manage priorities, and resolve issues

Quantitative Analysis: Develop accurate financial models and identify insights from those models which can drive effective decisions

Ability to work independently in a fast-paced, deadline-driven environment and effectively build trust-based relationships with partners across Mastercard

Advanced Excel and PowerPoint skills

Ten or more years of relevant experience

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.

Client-provided location(s): Gurugram, Haryana, India
Job ID: Mastercard-22331_R-234083
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • FSA With Employer Contribution
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • Virtual Fitness Classes
    • Health Reimbursement Account
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • On-site/Nearby Childcare
    • Adoption Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Happy Hours
    • Snacks
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
    • Some Meals Provided
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K) With Company Matching
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Stock Purchase Program
    • 401(K)
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Internship Program
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Shadowing Opportunities
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program