Director of Strategic Initiatives, Mastercard
Global payments technology company
Job no longer available
Global payments technology company
1001+ employees
Job no longer available
1001+ employees
Company mission
To connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.
Role
Who you are
- Bachelor in Business Administration, or Economics: Engineer ; MBA a Plus
- Management/prioritization capabilities
- Leadership / Analytical skills
- Comfortable obtaining business insights from ambiguous and incomplete datasets
- Manipulating large datasets, and combining unrelated data sources
- Proficient in Excel and power point; knowledge of Data analytics tools and coding is plus
- Experience in Consulting, Strategy, and/or planning roles
- Strong sense of urgency, comfortable operating in a fast paced and changing environment
- Customer focused, team player, and problem solver
- Ability to build and to maintain relationships at multiple levels of the organization
What the job involves
- The Mastercard Canada team is looking for a strategy lead to drive our Canadian annual planning forward and quarterly business reviews efficiency by working across functional teams in Canada, and cross-market strategy teams
- The mission of the strategy lead is to provide thought leadership to Canada’s management team and ensure the goals and objectives of the company are successfully executed in the market
- They have been tasked with driving a culture and instituting an internal/external consultative approach to help the Canada market team achieve its business objectives
- The individual is expected to gather and analyze information, formulate, and test hypothesis, develop and communicate recommendations as well as an execution mindset
- Additionally, keep track of main product KPIs, Financial and Market Drivers
- They will lead the development and execution of Mastercard Canada’s product roadmap strategy, business risks and new product development prioritization critical to the delivery of innovation and revenue growth
- This role requires an experienced leader with demonstrated ability to manage the strategy across product and sales teams to influence, evaluate and guide the go to market prioritization and planning process for new products, and lead innovation to bundle capabilities in support of revenue optimization and growth in Canada
- Oversee development and most importantly the execution of business strategy to support business growth and risk management
- Supports the gathering, interpretation, of key KPI data to develop actionable steps that will improve processes and optimize results for all product teams
- Work cross functionally to lead project management and decisions for cohesive, need based solutions w/revenue focused outcomes
- Lead prioritization with product and account managers to develop and manage a multi-year growth strategy in consumer and business teams, with annual objectives, KPI setting and reporting, for both internal and external delivery
- Provide leadership on cross functional accountabilities with consumer, business product teams, legal, account management, market development, marketing and finance (planning, prioritization, progress)
- This position will also help to advance the broader “digital by default” strategy, and end to end solution integration of open banking, fraud and money movement assets supporting the creation of a consistent checkout and tokenization framework across non-traditional payment methodologies
- Lead Canada annual and long term strategic planning process, and contribute to the development of execution framework against strategic plan
- Lead Strategic projects for the (design and execution) structuring ambiguous problems and take action to solve them acting as a Consultant to the organization
- Build strong business partnerships with leaders of all levels and functions across the Canada and US markets
- Lead priorities and target setting process in conjunction with the Canadian Leadership team
- Manage the ongoing reporting of progress on product strategy execution providing guidance on cross-functional team objectives and synergies across workstreams
- Be the conduit with finance and product teams on forecasts and key KPI analytics
- Work with cross-functional team to develop internal reporting on success metrics, and attribution of initiatives towards market objectives
- Support identification of strategic focus areas in market, along with tactical and programmatic investment opportunities for leadership review
- Provide perspective, strategic rationale, synergy considerations and prioritization recommendations for strategic initiatives with US and Canadian leadership
- Coordinate the Product Studio review and approval process for Canada, ensuring consistency across all teams, prioritization and driving for continuous process improvement and alignment with annual and multi-year market objectives
- Manage and facilitate the Quarterly Business reporting process and risk sessions
- Help business leaders across the group gain key insights into business performance by market and segment, and identify key strategic priorities
- Integrate with account plan process for target setting and monitoring with Sales Teams
- Assess the economic landscape, and articulate any risks and how it will influence Mastercard’s business and key account objectives
- Keep track of the performance of main business KPIs and product team performance and act on its results
- Ensure compliance with internal processes and requirements
- Contribute to continue building monitoring Dashboards
Our take
Mastercard is in the global payments business, and operates the world's fastest payments processing network. Its products and solutions have become central to everyday commerce across the world, in activities ranging from shopping and travelling to running businesses.
As the economy has become more and more digitised, Mastercard has been a leading player in helping businesses and individuals across the globe embrace card payments and digital banking. One of the world's largest companies, its revenue has seen consistent gain in the last 20 years.
The challenge for modern payments companies is that payments are always changing, as seen in the astronomical rise of contactless payments over the last decade. Mastercard's acquisition of blockchain systems, and an overall focus on leveraging its technology towards a digital economy, has placed the company in good stead to keep up to date with current trends, like cryptocurrency, in the digitised payments world.
Steph
Company Specialist
Insights
Company
Company benefits
- Gym membership
- Share purchase options
- Extra holiday purchase optional
- Work from home opportunities
- Health insurance
Company values
- Trust - integrity, respect, openness
- Agility - urgency and value through innovation
- Partnership - working as one team for the benefit of all
- Initiative - taking bold and thoughtful actions
Company HQ
Purchase, Harrison, NY
Articles
Founders
Michael Miebach
(CEO, not founder)Has served in a variety of roles at the company, including President and CPO. Currently Board Member at IBM, Accion, the World Resources Institute, the US-India Strategic Partnership Forum, and the Metropolitan Opera. They are also a Trustee of USCIB.
People progressing
Joined as VP in 2008, promoted 4 times in 11 years to their current position of Executive Vice President.
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