Vice President, Product Portfolio Strategy Job Listing at Mastercard in Purchase, NY (Job ID R-272947)

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

Vice President, Product Portfolio Strategy Overview
Mastercard powers economies and empowers people in more than 200 countries and territories worldwide. Together with our customers, we're helping build a sustainable economy where everyone can prosper.

Within Mastercard, the Business & Market Insights (B&MI) organization provides data-driven insights, analytics, and platforms that enable better decision-making for businesses and governments globally. While B&MI has experienced strong momentum, the company's 2030 growth ambitions require capabilities and revenue streams that do not yet exist today. BET is responsible for finding, shaping, and launching those opportunities.

The Business Expansion & Transformation (BET) team was created to accelerate B&MI's long-term growth ambitions by identifying and developing new businesses, products, and capabilities beyond our current portfolio. BET works across internal product lines and external ecosystems to identify transformative opportunities that can drive the next generation of growth.

BET operates as Mastercard's business-creation engine. The team scans across and beyond existing P&L silos to identify transformative opportunities, new products, platforms, and capabilities that unlock value across the Mastercard ecosystem.

The Vice President, Product Portfolio Strategy is a leader within BET, responsible for identifying, shaping, and advancing new product and business opportunities from concept through early product definition.

This role sits at the intersection of product management, strategy, and venture building, translating emerging market signals into validated product concepts and scalable business opportunities.

You will not only define where to play, but also help define what to build, ensuring opportunities are grounded in real customer problems, strong product thinking, and clear paths to commercialization.

What You'll Do
•Design and lead Mastercard's opportunity discovery engine across markets, technologies, and ecosystems
•Translate emerging signals into clear product opportunities, including target users, value propositions, and problem statements
•Identify whitespace opportunities that can evolve into new products, platforms, or businesses
•Shape early-stage ideas into validated product concepts, including MVP definitions and initial product strategies
•Conduct customer, market, and competitive analysis to validate demand and product-market fit
•Define initial product vision, use cases, and success metrics for new opportunities
•Develop investment theses supported by commercial, strategic, and product insights
•Evaluate opportunities across desirability (customer), feasibility (technology), and viability (business)
•Manage a portfolio of opportunities across different stages, time horizons, and risk profiles
•Partner with Product, Engineering, and Foundry teams to transition validated concepts into build-ready initiatives
•Define MVP scope, early roadmaps, and handoff criteria for product development teams
•Stay engaged through early build phases to ensure product intent and customer value are preserved
•Build and leverage a network across startups, venture capital, academia, and industry
•Stay at the forefront of emerging technologies (including AI) and evolving business models
•Use data and AI-driven tools to enhance signal detection, pattern recognition, and insight generation
•Establish repeatable frameworks, tools, and governance for opportunity discovery and product incubation
•Help scale BET into a durable enterprise capability

All About You
You bring a rare combination of product intuition, strategic thinking, and venture mindset, with the ability to operate effectively in a large, complex organization.

•Significant experience in product strategy, product management, corporate strategy, or venture / incubation environments
•Track record of shaping and launching 0→1 products, platforms, or new business initiatives
•Experience translating ambiguous opportunities into clear product concepts and business cases
•Background in consulting, venture capital, or corporate strategy is valued—but paired with strong product exposure
•Strong product instincts: ability to define customer problems, value propositions, and MVPs
•Strategic thinker with the ability to connect market trends to product opportunities
•Experience with early-stage product validation, including customer discovery and experimentation
•Comfortable operating in ambiguity and building from scratch
•Ability to influence senior stakeholders and drive alignment across matrixed teams
•Strong executive communication and storytelling skills
•Curious about emerging technologies, especially AI and data-driven products
•Builder mentality with a bias toward action
•Comfortable moving between strategy and execution seamlessly Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

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

Purchase, New York: $235,000 - $375,000 USD

 Apply on company website