MasterCard

Senior Specialist, Product Development

MasterCard$121K — $169K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in product development, preferably in payments or related domains
  • Strong understanding of product development lifecycle and ability to generate innovative ideas
  • Experience in translating business requirements into technical strategies
  • Proficient in data analysis and comfortable with large datasets
  • Proven project management and relationship-building skills across diverse teams
  • Exceptional communication and presentation abilities
  • Bachelor's degree or equivalent experience

Responsibilities

  • Drive new concept generation and analysis for the Disputes portfolio
  • Own the development of products from concept through commercialization
  • Develop product roadmaps, pilot launch plans, and business cases
  • Cultivate relationships across Global Products, Technology, and regional teams
  • Support the ideation and development of disputes-focused initiatives
  • Utilize a data-driven approach to assess market opportunities
  • Build business cases with accurate revenue and impact representations

Benefits

  • Participation in a discretionary annual incentive program
  • Access to ongoing training and development
  • Opportunities for cross-functional collaboration
  • Exposure to advanced technologies in payment solutions
  • Strong corporate values focused on security and integrity
Full Job Description
Title and Summary

Senior Specialist, Product Development

Overview

At Mastercard, we believe that the future of our business depends on our ability to define and differentiate new products and solutions that drive value for our customers. Mastercard's Disputes organization builds next-generation solutions that transform how disputes are prevented, managed, and resolved across the global payments ecosystem. Across our interdisciplinary teams, we create differentiated product experiences for issuers, acquirers, merchants, and consumers by leveraging actionable insights, deep payments expertise, and advanced technologies. Through our product portfolios, we partner with cross-functional teams to define key focus areas where we co-invest to create, incubate, and scale new dispute prevention and resolution capabilities.

The Senior Specialist, Product Development role is a key contributor within the Disputes portfolio, supporting the development of innovative solutions that address pain points across the dispute lifecycle.

Role

- Support the generation and analysis of new concepts and solutions for the Disputes portfolio, interfacing with internal product teams, customers, and technology teams.
- Contribute to the development of concepts into commercial products from concept through pilot, incubation, and commercialization-partnering with Engineering, Customer Research, and Experience Design teams.
- Assist in developing and maintaining roadmaps, product feature plans, and business cases throughout the product development process.
- Build working relationships across Global Products, Technology, and regional teams to help deliver new dispute solutions.
- Help build a strong pipeline of disputes-focused initiatives, leveraging internal and external relationships across the payments ecosystem.
- Use a data-driven approach to help assess market opportunities and support the development of business cases, incorporating accurate representations of future revenues, expense bases, and impact metrics (e.g., dispute deflection, resolution efficiency, customer adoption).

All About You

- Experience contributing to the development of new products, ideally within payments, disputes, fraud, risk, or identity solutions; domain exposure to e-commerce, identity verification, or authentication is preferred.
- Working understanding of the product development lifecycle, with experience generating, structuring, and helping advance innovative ideas that support business targets.
- Knowledge of first-party fraud and associated industry challenges is a plus.
- Experience translating business requirements (internal and external) into product requirements.
- Solid technical aptitude with the ability to work directly with data-comfortable analyzing datasets, interpreting system and transaction flows, and partnering with engineering teams.
- Strong project management skills, with the ability to build and maintain effective working relationships across global, multi-cultural, and remote teams.
- Strong communication, presentation, and interpersonal skills, with the ability to engage effectively across internal teams and with customers.
- A strong interest in the payments industry, dispute lifecycle dynamics, and/or B2B2C ecosystems.
- Bachelor's degree or equivalent experience.

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. This posting reflects one or more current openings on our team.

Pay Ranges
Toronto, Canada: $121,000 - $169,000 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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