MasterCard

Product Manager - B2B Payments

MasterCard$156K — $265K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of product management experience, particularly in SaaS-based financial products.
  • In-depth knowledge of B2B commercial payments including AP, AR, and Virtual Cards.
  • Focus on software solutions tailored for Small and Medium Businesses.
  • Strong customer empathy with a focus on developing customer-centric products.
  • Experience partnering with third-party vendors and technology providers.
  • Proven success in cross-functional teamwork in fast-paced environments.
  • Proficiency with product management tools like Aha, JIRA, and Confluence.

Responsibilities

  • Support senior leadership in defining product strategy and decision-making.
  • Drive ideation and research for capabilities that enhance usage and revenue.
  • Collaborate with engineering, design, and marketing to create user-friendly products.
  • Break down requirements into actionable features guiding the product roadmap.
  • Partner with external vendors for seamless integration with the platform.
  • Manage go-to-market efforts through market research and launch planning.
  • Utilize data-driven insights for continuous product improvement.

Benefits

  • Comprehensive health insurance including medical, dental, and vision coverage.
  • Generous paid leave policies, including parental leave and bereavement leave.
  • 401k plan with competitive company match.
  • Tuition reimbursement and career development opportunities.
  • Fitness reimbursement and access to on-site fitness facilities.
Full Job Description
Title and Summary

Product Manager - B2B Payments

Title: Product Management, Manager

Overview: As a Product Manager on the SME team, you will play a pivotal role in supporting our mission to empower Small Businesses and Lower Mid-Market (LMM) businesses. This role focuses on partnering with the Director and SME leadership in crafting the product strategy while owning the ideation, research, and creation of enabling capabilities to unlock usage and spend for our customers, and ultimately bringing them to market, globally. You will work closely with cross-functional teams to develop and enhance tools that drive business growth and efficiency.

Responsibilities:

Support the Director and stakeholders in shaping product strategy by providing insights and contributing to decision-making processes

Own ideation, research, and the development of enabling capabilities that drive increased usage by businesses and uptick in revenue for us and our Distribution Partners

Collaborate with internal stakeholders, including engineering, design, marketing, legal and others to deliver innovative and user-friendly products.

Using the Working Backwards method, decomposes business requirements and customer experiences into features and functions that drive the platform/product roadmap.

Partner with third-party service providers and technology vendors to ensure seamless integrations and value addition to the platform

Support go-to-market initiatives, including market research, product positioning, launch planning and product operations

Leverage data-driven insights to guide product development and enhance customer experience

Work closely with development teams to ensure timely and high-quality delivery of product features

Design and conduct market research and competitive analysis to inform product decisions

Develop and maintain product documentation, including user stories, use cases, and acceptance criteria

Monitor and analyze product performance, using data to drive continuous improvement

Communicate effectively with stakeholders and provide regular updates on product progress and performance

Skills/Abilities/Experience:

5-7 years of product management experience, with a proven track record of building launching, and scaling successful SaaS-based financial products and solutions.

Deep understanding of B2B commercial payments, including AP, AR, Virtual Cards, preferably have some experience with ERP systems, payment gateways, and payment automation solutions.

Focus on Small and/or Medium Business related software solutions

Strong ability to empathize with customer needs and develop customer-centric products

Experience in working with third-party vendors and technology partners

Demonstrated success in working effectively across cross-functional teams (engineering, design, marketing, etc.) in fast-paced, growth-oriented environments

Excellent research and analytical skills, with a focus on turning insights into actionable product improvements

Proficiency in product management tools such as Aha, JIRA, Confluence, or similar

Experience working with product development teams including Agile/Scrum planning, elaboration, retrospective and similar ceremonies

Experience working in partnership with technical project management teams to define and execute a plan, and to track success metrics closely.

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 the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 10 annual paid U.S. observed holidays; 401k with a best-in-class company match; deferred compensation for eligible roles; fitness reimbursement or on-site fitness facilities; eligibility for tuition reimbursement; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.

Pay Ranges
New York City, New York: $156,000 - $265,000 USD

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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