Senior Product Development Specialist

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 DevelopmentSenior Specialist, Product Development

Overview:
Job Title: Senior Specialist, Product Development

Who are we: 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. Our Network platform strategy team is a multi-disciplinary team with ownership and accountability to envision & build the next generation of our core network. The network is the company's core strategic asset, directly driving over $8 billion in revenue and providing the platform for our other key services. The team’s goal is to ensure the long-term competitiveness of our card network versus alternatives, for existing and new payments use cases; and to grow revenue by delivering more value to our bank customers, as well as cardholders and merchants.

Role Overview:

The role offers an opportunity to join the product team driving SCM and functional specifications of Mastercard’s products. As a senior Specialist, you will join the product devlopment team, where you will be responsible for -
Define technical requirement using ISO 20022 message specifications to develop new products and services or their components.

Work closely with Mastercard global stakeholders to own and drive product strategy
Collaborate with cross-functional teams like Switching solutions to define ISO 20022 message specifications management Working knowledge of RESTful APIs, including understanding of JSON/XML payload structures, API versioning, authentication mechanisms, and error handling frameworks.

Ability to translate ISO 20022 / ISO 8583 message specifications into API-based service definitions and collaborate with engineering teams on API-first product design.
Own release management process for finalized ISO 20022 specifications to ensure successful product/feature launches Support the development and market rollout of functional upgrades and new product offerings Propose and drive changes to Mastercard rules or programs to drive outcomes beneficial to the ecosystem, including cardholders, merchants and financial institution customers Present overviews of your approach, proposals and progress to key decisionmakers and Product leadership

An ideal candidate should have:
Bachelor's degree or equivalent practical experience (required) 5+ years of Product management/development/owner experience (preferred) Professional experience of working with ISO 8583 format (required) Experience/knowledge in ISO 20022 message specs management (preferred) Basic data extraction skills (SQL/Python) (preferred) Passionate and knowledgeable about technology, innovation, payments and digital commerce. Business-oriented and strategic mindset in product development and decision-making Knowledge of basic agile software development and product lifecycle concepts Ability to understand, interpret and analyze financial information   Superior communications, presentation, and interpersonal skills Ability to operate with minimal supervision and make informed decisions independently Experience in presenting and communicating complex/detailed topics Strong ability to multi-task, organize, manage, and implement complex projects High attention to detail and a self-starter, who can work independently and adjust to shifting priorities.

To find US Salary Ranges, visit People Place. Under the Compensation tab, select "Salary Structures." Within the text of "Salary Structures," click on the link "salary structures 2025," through which you will be able to access the salary ranges for each Mastercard job family. For more information regarding US benefits, visit People Place and review the Benefits tab and the Time Off & Leave tab.

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.

Experience Level

Senior Level