MasterCard

Principal Product Manager -Technical

MasterCard$150K — $234K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of product management experience in the payments industry
  • Strong understanding of lean product management principles
  • Experience with agile delivery methodologies such as Scrum and Kanban
  • Expertise in defining user stories, epics, and product backlogs
  • Data-driven mindset with measurable outcome abilities
  • Ability to collaborate with diverse global teams
  • Excellent communication skills, both written and verbal

Responsibilities

  • Develop a deep understanding of customer needs and market dynamics
  • Define and refine product vision, objectives, and roadmaps
  • Translate product requirements into actionable epics and user stories
  • Ensure backlogs are prioritized based on business value
  • Advocate for an agile approach throughout product development
  • Collaborate with engineering teams to design and build products
  • Oversee the operational health and stability of the product domain

Benefits

  • Opportunity to work in a globally distributed team
  • Access to advanced event-driven payment technology
  • Involvement in cutting-edge projects that define cashless transactions
  • Emphasis on continuous improvement and customer feedback
  • Participation in a performance incentive program
Full Job Description
Title and Summary

Principal Product Manager -Technical

Overview:
This role will be part of Mastercard's Reactive Systems Architecture (RSA) organization, which underpins the company's real-time, event-driven payment capabilities. RSA provides the foundational platforms, frameworks, and shared services that enable Mastercard to process payments at global scale with high throughput, low latency, resilience, and fault tolerance.

We partner with application teams to design, build, and operate mission-critical payment applications-spanning Domestic, Cross-Border, and Bill Payments-that are powered by RSA's event-driven platforms such as Axon (Kafka-based streaming), NATS, and supporting shared services.

Together, RSA and the Applications team enable Mastercard product teams to focus on delivering business value, while the underlying architecture handles the complex non-functional requirements essential to modern payment systems-scalability, resiliency, availability, observability, and security. Real-time payment technology is central to Mastercard's strategy to define a world beyond cash, and this team plays a key role in building and scaling the platforms and applications that make that vision possible.

The Role:
What's it all about and what we expect you to do day to day
• Be customer obsessed: Develop & provide the organization with a deep appreciation for customer needs, the ecosystem and the key market dynamics
• Set the vision: Lead multiple teams in adoption of lean product management practices: Define, establish, and continually refine a domain product vision & objectives, establish a product charter, and create and maintain a domain roadmap
• Define requirements: Translate product requirements into clearly defined epics, features and stories with clear & measurable outcomes, ensuring mutual understanding. An understanding of technical architectures and Event messaging frameworks is a must.
• Manage strategic alignment across teams: Working with product owners with each scrum team, ensure backlogs are properly prioritized and refined according to anticipated business value & measurable outcomes
• Agile Mindset: Advocate for taking an agile approach to product development through all activities from defining an epic to writing acceptance criteria on a user story.
• Lead the design and build of the product with engineering: Work closely- as one agile team- across a product domain
• Work across cross functional teams: Work with cross functional teams to plan work, understand dependencies, and minimize time to market and errors
• Oversee delivery and testing of product features (e.g., serving and enabling scrum teams)
• Manage the operation: Own the overall health and "run" of your domain. Escalate critical operational issues to Real Time Payments management teams and discuss resolutions to ensure operational stability with the concerned delivery teams
• Measure outcomes & seek continuous improvements: Evaluate & seek to improve existing practices, metrics, and roles to continually optimize. Own and deliver on post-launch reviews and customer feedback, and incorporate this information into the future launch plans

All About You and What you need to bring:
• Strong product management or new product development and experience shipping high-quality products in the payments industry. Understands and can explain the business context and the associated customer use cases
• Experience in Lean Product management and Lean management principles and practices. Can deliver high quality technology products/services in a high growth environment where priorities shift rapidly
• Comprehensive experience in agile delivery methodologies (scrum, Kanban, etc.), CI/CD and modern DevOps based PDLC and SDLC. Technical savviness to enable TDD and BDD.
• Track record of successful delivery of product features from design, development, deployment and customer integration.
• Proficient at grooming user stories, features and epics, setting entrance/exit criteria and prioritizing a platform product backlog. Understanding of event frameworks and technologies is a Must.
• Data driven - ability to define measurable and SMART leading and lagging metrics for all backlog items to enable decisions and priority.
• Take the time to fully learn the functionality, architecture, dependencies, and runtime properties of the systems supporting your platform products. This includes the business requirements and associated use cases, Mastercard customer's experience, Mastercard's back-office systems, the technical stack (application/service architecture), interfaces and associated data flows, dependent applications/services, runtime operations (i.e. trouble management/associated support strategies), and maintenance.
• Thrives in a highly collaborative environment involving different stakeholders and subject matter experts globally- across multiple regions. Recognize discordant views and take part in constructive dialog to resolve them
• Ability to engage with numerous stakeholders on existing product capabilities and potential co-development opportunities or dependencies
• Experience leading and managing others through both direct manager relationships and through influence
• Improve team processes that accelerate delivery, drive innovation, lower costs, and improve quality
• Action oriented & hands on: Owns outcomes & deliverables
• Excellent communication skills, both written and verbal
• Payments expertise a huge plus
• Creative, fun, self-motivated individual
• Bachelor's degree
• Globally distributed teams in India, EU and Canada.

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.


In line with Mastercard's total compensation philosophy and assuming that the job will be performed in Canada, the successful candidate will be offered a competitive pay based on location, experience and other qualifications for the role and may be eligible to participate in a discretionary annual incentive program.

Pay Ranges
Vancouver, Canada: $150,000 - $234,000 CAD

About MasterCard

Transactis transforms traditional paper billing and payment processing by enabling businesses of all sizes to replace paper bills, statements, invoices, payments and documents with more efficient digital alternatives. Transactis goes to market exclusively with resellers—financial institutions, technology companies, printers and business process outsourcers—to provide their customers with secure, configurable, white-label, industry-leading SaaS solutions. More than a technology provider to resellers, Transactis is a full-service business partner, delivering a broad and deep suite of sales, marketing, technical and operational support, empowering resellers to more successfully serve their clients. Transactis meets the strictest regulatory and compliance requirements including HIPAA, SSAE 16, PCI Level 1, and SOC 2. Transactis’ investors include ff Venture Capital, MacAndrews & Forbes, Metamorphic Ventures, Safeguard Scientifics, StarVest Partners, Capital One, Fifth Third Bank, PNC, TD Bank and Wells Fargo.

MasterCard Careers

Joining MasterCard offers more than just a job opportunity; it's a gateway to a career infused with innovation, leadership, and growth. As a global leader in payment solutions, MasterCard is at the forefront of the digital economy, driving transformation in the fintech sector.

Work You’ll Do

At MasterCard, your work impacts the global economy. Our team is dedicated to shaping the future of commerce with advanced payment technologies and robust security measures. By joining our team, you will collaborate with some of the brightest minds in technology and business, contributing to projects that enhance how people pay and get paid across the world.

Innovate and Lead

MasterCard is synonymous with innovation. We encourage our professionals to lead with creativity and vision, supported by our substantial investments in technology and research. Our leadership in the digital payments space is not just about technology, but also about the innovative minds that drive our company forward.

Grow Your Career

Career growth at MasterCard is dynamic and rewarding. With a plethora of job opportunities ranging from internships to executive positions, your potential for advancement is limitless. Our commitment to professional development is evident through comprehensive leadership and diversity training programs that prepare you for the next steps in your career.

Be Part of Our Diverse Team

Diversity and inclusion are the bedrock of our company culture. MasterCard’s global team is rich in diverse perspectives, and we believe this is key to our innovation. By joining us, you become part of a culture that values every individual’s unique background and experiences.

Benefits and Culture

MasterCard is committed to supporting our employees’ well-being both inside and outside of work. Our benefits package is designed to enhance your life and help you build a rewarding career. From health and wellness programs to flexible working arrangements, we ensure that our team members are well taken care of.

Explore Job Opportunities

Whether you’re starting out with an internship or seeking a leadership role, MasterCard offers positions that challenge your skills and push you towards personal and professional achievements. Our hiring process is thorough, ensuring that we match the right talent to the right roles.

Networking and Professional Development

Networking at MasterCard goes beyond connecting with colleagues; it involves engaging with industry leaders and innovators who are shaping the future of commerce. Our employees have access to a wide range of networking events, workshops, and seminars that enhance their skills and career trajectories.

Join Our Team

Search open positions that match your skills and interests on the MasterCard Careers page. We are looking for passionate, curious, and innovative team players who are ready to make a difference in the world of digital payments.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. MasterCard is not just a company; it’s a place where you can shape your future and the future of commerce worldwide.

Apply Now

Ready to take the next step in your career? Update your resume, prepare for your interview, and apply for a position at MasterCard. Discover the exciting and rewarding opportunities that await you in a career at one of the world’s leading financial technology companies.

MasterCard Jobs and Careers

Empower your professional journey with MasterCard, where innovation, leadership, and growth come together to create transformative career experiences. Join us and make your mark in the evolving landscape of digital payments.
Learn more about MasterCard
Size
24,000 employees
Market Cap
$330.8 billion
Industry
Net Income
$6.4 billion
Founded
1966
5 Year Trend
+11.9%
Revenue
$15.3 billion
NASDAQ

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