Senior Specialist, Product Development

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

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.
Services within Mastercard is responsible for acquiring, engaging, and retaining customers by managing fraud and risk, enhancing cybersecurity, and improving the digital payments experience. We provide value-added services and leverage expertise, data-driven insights, and execution.
Job Overview:
We are seeking a driven and innovative professional with mid-level experience and a passion for new product development. The ideal candidate thrives in a dynamic environment, has a relentless curiosity to learn and discover, and demonstrates the drive to help take initiatives from concept to launch (0 to 1). In this role, you will explore emerging technologies, discover pain points, identify value propositions and contribute to the creation of groundbreaking products and services.
Major Accountabilities:
• Collaborates with SSO product and regional team to contribute to the development of new products and product enhancements, focusing on transformative innovations following the studio and leveraging Foundry processes/programs
• Takes ownership of assigned tasks in the product development lifecycle, including defining features, benefits, pricing, rules, and implementation guidelines.
• Collaborates closely with technology teams to translate product requirements into actionable technical specifications.
• Conducts market research to identify trends, competitive products, and emerging opportunities that inform product strategies.
• Supports product launches with a hands-on approach to implementation, communication, and stakeholder alignment.
• Develops and present reports on project progress, key insights, and next steps to internal and external stakeholders.
Education:
• Bachelor’s degree or equivalent work experience preferred.
Knowledge / Experience:
• Experience in product development, payments, financial services, or a related field.
• Familiarity with building products or platforms from ideation through implementation..
Skills / Abilities:
• Passion for learning, exploring, and experimenting with new concepts and technologies.
• Strong understanding of product development concepts and practices across the entire lifecycle.
• Demonstrated ability to manage multiple projects with tight deadlines in a fast-paced environment.
• Exceptional organizational and project management skills.
• Strong verbal and written communication skills to effectively share ideas and insights.
• Analytical mindset with the ability to interpret and act on financial and market data.
• Collaborative approach with the ability to work effectively across various organizational levels and with external partners.
Work Conditions:
• 10% domestic/international travel required.
What Sets You Apart:
• An entrepreneurial mindset and enthusiasm for solving complex problems.
• A proactive approach to uncovering insights, driving solutions, and delivering results.
• A genuine passion for innovation and the impact it creates.
#SecuritySolutions

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 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.

Pay Ranges

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.O'Fallon, Missouri: $114,000 - $182,000 USD

Arlington, Virginia: $131,000 - $209,000 USD

Atlanta, Georgia: $114,000 - $182,000 USD

Austin, Texas: $114,000 - $182,000 USD

Boston, Massachusetts: $131,000 - $209,000 USD

Boston, Massachusetts: $131,000 - $209,000 USD

Chicago, Illinois: $114,000 - $182,000 USD

Denver, Colorado: $114,000 - $182,000 USD

Kansas City, Missouri: $114,000 - $182,000 USD

Miami, Florida: $114,000 - $182,000 USD

Purchase, New York: $131,000 - $209,000 USD

San Juan, Puerto Rico: $114,000 - $182,000 USD

Washington, District of Columbia: $131,000 - $209,000 USD

Job Posting Window

Posting windows may change based on the volume of applications received and business necessity. Candidates are encouraged to apply expeditiously.