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Location
In office (Toronto)
Employment
Full-Time
Overview
Company
Impact
Profile match
Mastercard is an American payments technology company whose origins date to 1966, when a group of banks formed the Interbank Card Association to compete with BankAmericard. Like its main rival it does not issue cards or extend credit; it operates the network that authorises, clears and settles transactions between issuing banks, acquirers and merchants in more than two hundred countries. Headquartered in Purchase, New York, the company has built a large services business alongside the core network, covering fraud and identity products through its Ethoca and RiskRecon acquisitions, open banking, consulting and loyalty programmes.

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

Manager, Strategy Pricing & InterchangeOverview:

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.

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 team has two areas of focus:

  • Economics Enablement: Enhance the pricing, commercialization, and go-to-market strategy of new and existing products
  • Governance and Reporting: Drive pricing excellence and governance by creating consolidated views of all pricing activity across the Services business

The Manager, Strategy Pricing and Interchange (Services) is responsible for supporting activities within those two areas of focus. Specifically, this role will partner with a range of different global and regional product areas in Services to perform analysis into key areas of pricing and provide regional co-ordination of pricing initiatives and reporting.

The role will require the individual to apply analytical rigor, apply problem solving skills, understanding customer value and support the broader team in working on key analysis for pricing and economics initiatives. The role will collaborate with regional stakeholders to ensure

Additionally, the creation of key materials for management presentation, critical economic drivers and impact on the Services business

They will also need to work closely with key stakeholders to collect and communicate information on key pricing and revenue generating initiatives.

Responsibilities:

  • Work with key global and regional stakeholders, including pricing committees, regional Network Services and regional product leads to drive consistency and alignment of pricing initiatives
  • Coordinate monthly pricing pipeline updates with product and pricing teams at the global and regional levels
  • Produce key KPI that connect internal and customer economics with revenue patterns, supported by analytics/modelling team
  • Centralize the reporting of pricing initiatives as well as the 3Y pricing forecast for Services
  • Facilitate and manage the development and periodic refresh of the Pricing Insights tools, in collaboration with the Insights & Enablement team.
  • Partner with regions and other team members to produce key presentation materials and support on pricing and economic initiatives as needed
  • Become a SME for internal data sources including drivers, billing, and product reporting
  • Parter with team members and product managers to develop and maintain a product catalog inclusive of pricing
  • Lead the alignment of the pricing implementation pipeline, in collaboration with the Billing Team
  • Lead the alignment of the announcements pipeline, in collaboration with the CS&D Team
  • Ensure pricing sponsors are maintaining accurate records in SalesForce

All About You

  • BA/BSC, (MBA a plus), with previous experience in at least one of the following areas: strategy, consulting, finance, economics, or pricing
  • The ideal candidate is fast-paced and highly analytical who demonstrates business acumen and thought leadership to deliver results within a global, growing, and profitable business
  • Strong Microsoft Office skills (Excel/PowerPoint) in data compilation, aggregation and modeling is required

• A team player with the ability to communicate effectively and develop solid working relationships across multiple levels and organizational boundaries is requiredMastercard 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 [email protected] 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.

In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in Canada, the successful candidate will be offered a competitive pay based on location, experience and other qualifications for the role and may be eligible to participate in a discretionary annual incentive program. This posting reflects one or more current openings on our team.

Pay Ranges

Toronto, Canada: $109,000 - $158,000 CAD
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