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Director, Product Development

Prayagraj, Uttar Pradesh MasterCard

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Job Description

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, Product Development

Who is Mastercard?

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.

Mastercard Foundry is the innovation engine driving the future of commerce. We incubate, prototype, and scale breakthrough products that redefine how people and businesses interact with payments, data, and digital experiences. Our mission is to build what’s next—faster, smarter, and with purpose.

Role Overview

We’re seeking a visionary Product Development Director to lead the creation of next-generation solutions within our New Product Development portfolio. This role is ideal for someone with deep product management expertise, a passion for building from zero-to-one, and bonus points for experience in adtech or digital media ecosystems.

Key Responsibilities

• Lead cross-functional teams to define, develop, and launch innovative products from concept to market.
• Own the product strategy, roadmap, and execution for high-impact initiatives aligned with Mastercard’s strategic goals.
• Partner with engineering, design, CX&D, and data teams to prototype, test, and iterate on new product ideas - overseeing the development of features in the product roadmap
• Prioritize development of features as they align against product strategy
• Define product usage metrics and work with development teams to monitor
• Identify issues, risks, and dependencies to track product development
• Build strong working relationships with a diverse group of internal and external stakeholders
• Act as connector to ensure commercial and technological success of our products by working with cross-functional teams (e.g., Sales and Marketing, Technology teams, Data Strategy)
• Drive customer discovery, market validation, and competitive analysis to inform product direction.
• Develop compelling business cases, go-to-market strategies, and stakeholder alignment materials.
• Apply Mastercard frameworks to ensure scalable success. Championing a culture of experimentation, agility, and customer-centricity.

About you

• 10+ years of experience in product management, preferably in fintech, payments, or digital platforms.
• Proven track record of launching new products and scaling them in dynamic environments.
• Strong strategic thinking and ability to navigate ambiguity with clarity and confidence.
• Experience with adtech, martech, or data-driven media platforms is a strong plus.
• Excellent communication and leadership skills to influence across a matrixed organization.
• Natural problem solver: analytical, curious, and fact-driven approach to product development.
• Agile product management in data products, writing and gathering product requirements, gap analysis, and business case development
• The ability to deal with multiple and competing priorities, structure and manage work streams, and set clear expectations and deadlines
• Exceptional analytical, verbal, and written communication skills.

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.

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