Director, New 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 Director, New Product Development 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 finan ... (truncated, view full listing at source)