Director, Pricing & Interchange

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
Director, Pricing & Interchange As the Leader, Strategy, Pricing & Interchange you will be working at the heart of MasterCard’s’ business and enjoy a broad exposure to all its different aspects. In this position you will help define the country strategy for pricing and interchange and you will design, assess and implement initiatives to strengthen MasterCard’s’ competitive position in Canada. You will have broad exposure within the organization and work closely with management and key functional partners.Key Responsibilities
Identify and design economic opportunities (pricing and interchange) and identify revenue enhancement initiatives to support Canadian revenue growthMake holistic assessments on interchange initiatives along strategic, customer, financial impact, and risk and feasibility angles. (e.G., run financial impact simulations on country, product and customer level or run competitive economics analysis)Supervise cost studies that underpin the Interchange propositions (including members briefings and meetings)Prepare recommendations and necessary materials for decision making purpose and present recommendations to Senior ManagementCreate and operate control frameworks, audits, and other scalable tools to automate and increase operational effectivenessContribute to country strategy development and executionManage the development and implementation of pricing, including analysis and initiative implementation, support commercial agreements and contract administration, and provide operational account supportParticipating in cross-functional teams and liaising closely with various internal and external stakeholders, e.G., Product, Finance, Tech, Legal, Customers, consultants,…Profile and key requirements
The ideal candidate will be able to demonstrate top class problem solving skills Excellent analytical skills: structuring and conducting rigorous analysis Able to think strategically and develop a strategic view on MasterCard’s services and economics. Excellent communication skills;
Able to liaise and workwith a customer oriented mindset towards its internal and external counterparts (e.G., accountability, sense of urgency, excellence,…). Have a strong drive and curiosity to learn, creativity, passion to achieve and excel Able to manage small-scale projects and use project-management skills for managing more complex processes. A strong team player who can operate effectively in a complex matrix Master of analysis, modeling and finance concepts. Ideally the candidate has 7+ years of business experience in a directly related role, consultancy role and/or payments related field with extensive analytical, data ETL and strategic thinking experienceMastercard 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 View email address on ca.hrm.tc 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
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.Pay Ranges
Toronto, Canada: $138,000 - $221,000 CAD Everyone wants easier ways to pay;
we invent them. Checkout lines are slow;
we speed them along. Merchants want more sales;
we give them data and insights. People need financial access;
we connect them. Corporate purchasing is complicated;
we make it simple. Commuters are busy;
we speed them on their way. Governments need greater efficiencies;
we help create them. Small businesses are virtual;
we give them access to a world of buyers. Retailers want to fight fraud;
we provide the tools.
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