Mastercard Hiring for Director Product Development – MDES Fraud

Mastercard Hiring: Mastercard currently has a job opening for the position of Director of Product Development. The Director of Product Development for Fraud Products will be tasked with introducing products aimed at detecting and mitigating fraud risks. This role involves collaborating closely with other fraud teams, particularly those focused on data analysis and fraud detection.

A Director of Product Development is responsible for establishing the direction and objectives of the product portfolio, ensuring alignment with business goals and customer requirements. They define the product vision, roadmap, and value proposition, and effectively communicate these aspects to both internal and external stakeholders.

Job Designation Director Product Development – MDES Fraud
Salary As per the industry standard
Qualification Bachelor’s degree
Experience Freshers/Experienced
Location IN
  • Experience building winning business cases by formulating quality epics (objectives) and translating them into stories (key details)
  • Strong track record at synthesizing products and services from multiple functional areas into value propositions that align with regional or local customer needs
  • Excellent attention to detail, ability to read and interpret data and discern between valuable and not relevant information
  • Experience contributing data-driven product ideas that were accepted for development and/or enhancement by senior leaders
  • Proficient Excel or any other worksheets software
  • Ideally some experience of testing, and software quality
  • Strong experience in fraud analysis and prevention in large scale financial systems
  • Experience in card payments and/or digital payments/tokenization preferred
  • Understands and can explain the business context and the associated customer use cases
  • Verbal and written communication is clear and concise
  • Improve team processes that accelerate product development, delivery, drive innovation, lower costs, and improve quality

 

Job Responsibilities

  • Drives New Product Development including exploration of new opportunity spaces, contributing to Product strategy and partnering with cross-functional teams to design, develop and deliver new Products that drive incremental revenues for Mastercard
    • Demonstrates a full understanding of market dynamics including Regulatory, Legal, Competitive and Technology landscapes
  • Evaluates and prioritizes Global and/or Regional product ideas, markets and opportunities and determines with which projects to initiate the development process
  • Following successful Prototyping, leverage a thorough understanding of the Software Development Lifecycle to partner with Product Management – Technical and Software Development Guilds to develop scalable Products for launch, ensuring that initial build effort concludes on time and budget
  • Collaborates with cross-functional stakeholders in Legal, Data Privacy, Delivery, Finance, Marketing, Sales, etc. to ensure that the new Product has a robust go-to-market plan focused on speed to market and ease of delivery
  • Partner with Servicing teams to ensure that the new Product has a robust E2E servicing plan that enables a great end user and customer experience