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Senior Vice President, Debit, North America

US: Mastercard International Incor
Purchase, NY Full Time
POSTED ON 10/16/2023 CLOSED ON 10/20/2023

What are the responsibilities and job description for the Senior Vice President, Debit, North America position at US: Mastercard International Incor?

Our Purpose We work 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. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results. Title and Summary Senior Vice President, Debit, North America Overview: Debit in the US represents the single largest product revenue line globally. The NAM Debit Lead will be responsible for both Debit product management and go to market strategy with the overall objective of maximizing Mastercard’s market share of cards and transactions in a highly dynamic and competitive environment. Role: • Aggressively pursue debit flips from Visa including both signature (front of the card) and PIN (back of card) deals, through the development of different strategies against multiple bank segments (top tier global/national banks, super regional banks, tier 2 national banks, Independent Banks/Credit Unions). • Defend and expand Mastercard transaction share by putting in place a strategy to influence merchants/acquirers who now hold the routing decision that determines whether or not MasterCard will receive debit transactions. • Develop strategies and differentiation vs. regional networks who are aggressively competing for debit routing and are building capabilities (token vaults and dual message/front of the card switching/processing capabilities) to become their own networks. • Drive the region strategy and long-term debit revenue to minimize the government threat to build their own local payments system – “faster payments initiative”.. • Leverage other Mastercard assets (e.g. open banking, cybersecurity) to develop sustainable differentiation in Debit. All About You: • Complex and strategic thinker • Credible thought leader to work alongside key customers in building out their payments and retail bank strategies • Ability to bring products and solutions together to meet specific issuer segment needs • Significant influencer (internally) to ensure merchant strategies are driving growth in debit transactions • Pricing strategy expertise (product, bundled agreements, merchant pricing) • Regulatory support – significant focus on working with public affairs and lobbyists to avoid further regulation • Go to market excellence within a highly complex environment (multi-channel – branch, digital, multi-product/service) In the US, Mastercard is an inclusive Equal Employment 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. If you require accommodations or assistance to complete the online application 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. Everyone wants easier ways to pay; we invent them. Checkout lines are slow; we speed them along. Merchants want more sales; we give them data and insights. People need financial access; we connect them. Corporate purchasing is complicated; we make it simple. Commuters are busy; we speed them on their way. Governments need greater efficiencies; we help create them. Small businesses are virtual; we give them access to a world of buyers. Retailers want to fight fraud; we provide the tools.
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