Job Title:
Director, New Product Development
Overview:
Overview
Mastercard Foundry is the innovation engine of Mastercard and a hub for new product development. We do this by driving product innovation in emerging technologies and interfaces while focusing on developing a point of view to enhance existing solutions and new use-cases. We also focus on building revenue generating ecosystems and flywheels that can be standalone in adjacent segments and markets. Examples of focus areas include Digital Assets/Stablecoins, Consumer value propositions, Digital payments, Payment Acceptance and Processing, and applications of Artificial Intelligence.
The Director, New Product Development will be a critical driver of product strategy across the Core Payments portfolio of new products at Mastercard. The role will focus on identification of new digital products, services and
solutions that differentiate and grow Mastercard’s Core Payments business.
This role will lead new product development for digital assets / cryptocurrency and stablecoin capabilities, translating emerging blockchain technologies into scalable, compliant payment solutions across Mastercard’s network. The Director will partner closely with product, engineering, security, compliance, ecosystem partners and Foundry capabilities (R&D, CXD, Start Path, etc.) to design and deliver technically robust crypto/stablecoin products from concept through commercialization.
Responsibilities will include driving new product strategy, cross-portfolio narrative, and selective identification, testing and launch of new products and ventures that drive significant in year revenue and strategic differentiation for Mastercard.
Role:
•Lead new product development for digital assets / cryptocurrency and stablecoin capabilities, from early concept and prototyping through pilot, and launch across Mastercard’s network
•Define and own the product vision / concepts and roadmap for crypto and stablecoin use cases
•Partner closely with product, engineering, architecture, and security teams to design production‑grade, scalable blockchain‑based solutions that drive commercial value
•Collaborate cross‑functionally with legal, compliance, risk, and franchise teams to ensure all crypto/stablecoin products are compliant with regulatory requirements and Mastercard rules frameworks
•Translate emerging blockchain and stablecoin technologies into clear product requirements, technical tradeoffs, and executable delivery plans
•Engage with external partners (e.g., VASPs, issuers, fintechs, infrastructure providers) to co‑develop and integrate crypto and stablecoin solutions into the Mastercard ecosystem
•Drive experimentation through proofs‑of‑concept and market tests, incorporating learnings into product iterations and commercialization decisions
•Build business cases and success metrics to demonstrate customer value, MA network impact, and commercial viability of crypto and stablecoin products
•Serve as an internal subject‑matter expert on crypto, stablecoins, and digital asset infrastructure across Mastercard
•Mentor and provide guidance to junior team members.
All about you:
•Passion for innovation and emerging technology
•Strong problem solving, research, analytical and quantitative skills, with the ability to build business cases that articulate commercial value
•Proven experience leading product development for cryptocurrency, stablecoin, or blockchain‑based solutions in a regulated financial services environment
•Strong understanding of blockchain infrastructure, stablecoin models, wallets, settlement flows, and on/off‑ramp architectures, with the ability to translate concepts into scalable products
•Demonstrated ability to partner effectively with engineering, security, legal, compliance, and risk teams to deliver compliant, production‑grade solutions
•Track record of taking new products from concept to launch, including defining requirements, managing tradeoffs, and driving execution across cross‑functional teams
•Strategic, outcome‑oriented leader with the ability to influence stakeholders, articulate a clear product/ concept vision, and operate effectively in ambiguous, fast‑evolving environments
•Excellent presentation and communication skills, both drafting and presenting, oral and written
•Prior consulting, banking or emerging payments experience a plus
•Bachelor’s degree required, Advanced degree a plus
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.
