Jobs / India / Mastercard International Incorporated
Vice President, Product Development, Switching as a Service
Mastercard International Incorporated · 🌍 Pune, India
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About the role
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 Vice President, Product Development, Switching as a Service Overview and Context As part of the Network Products business unit, the Next Generation Network Team is at the heart of Mastercard’s transformation, driving innovation and modernization to ensure the network remains resilient, flexible, and competitive in a rapidly evolving payments landscape. This team is responsible for building Mastercard’s next-generation unified switch and access capabilities, designed to handle all payment and related data flows across transaction types and payment schemes. Within Next Gen Network, the Network Expansion team is driving Product Development for a new product named “Switching as a Service” (SwaaS), which opens a new business model in which Mastercard leverages its next-generation platform to switch domestic payment schemes according to their rules, interchange, and settlement, hosted and operated by Mastercard. Network Products has signed its first large and strategic SwaaS contract and needs to grow its Product Development team to manage its design, build, and run activities. Role Summary This VP role will lead a team having Product Development accountability for the Core Switching and Data-related services of the SwaaS. The role will ensure delivery of this scope according to the contracted milestones, deliverables, and conditions. Given the large scope and complexity of SwaaS, this individual will partner closely with a large network of actors, such as: other SwaaS Product Development team members managing other parts of the SwaaS, Avanti project management structure, representative from Product and Engineering of each contributing program, Regional lead driving the on-soil relationship with the SwaaS customer and providing product management and GTM role, Customer delivery, Global Customer Care, Security, Network, etc. The individual will also have direct relationship with representatives from the SwaaS customer team to ensure full alignment between their expectations and our solutioning while protecting Mastercard’s interest and goals. This SwaaS project spread across multiple time zones. The role demands a strong product mindset, drive, structure, organization, technical acumen across the scope, and will require a high degree of collaboration across technical, customer-facing, and other stakeholder teams to bring the first SwaaS implementation to home. Key Responsibilities • Lead the Product Development team in charge of the Core Switching and Data-related capabilities of the SwaaS product from intake through elaboration, execution, build, and run. • Within the SwaaS governance, provide regular & detailed reporting, stay ahead in risk management, and ensure that the resources allocated to SwaaS execution are rightly used in partnership with PMO’s and Finance. • Own delivery of the allocated scope and coordinate with Product Management and Engineering teams to meet contracted milestones, deliverables, and conditions. • Ensure the integrity and consistency of SwaaS delivery across vision, capabilities, scalability, performance, speed-to-market, readiness for growth, and reusability. • Build and maintain detailed functional and technical understanding of the delivered platform, including requirements, us