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, Strategy Pricing & Interchange

Major Accountabilities:

You will be leading the economics strategy for MasterCard products and services for Middle East and Africa (MEA). You will design, assess and implement pricing and interchange driven initiatives to strengthen MasterCard’s’ competitive position on product and country level. By enhancing and shaping the evolution of our economics you will play an important role in the development and adoption of innovative payment solutions.

You will have broad exposure within the organization and work closely with Country and Product management and liaise with the key functional partners in the Legal, Finance and Business Development teams. You will serve as strategic thought partner for senior management and contribute to key projects for MasterCard’s strategy.


Organizational Structure:
Reports to the Head of Market Development, who reports to the Regional President.



Key Responsibilities

• Leverage pricing and interchange, identifying and designing economic opportunities and revenue enhancement initiatives to support MEA revenue growth
• Make holistic assessments on pricing and interchange initiatives along strategic, customer, financial impact, 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 on innovative new product business cases and necessary materials for decision making purpose and present recommendations to Senior Management
• Collaborate closely with regional and country management across MEA.
• Participating in cross-functional teams and liaising closely with various internal and external stakeholders, e.g., Product, Finance, GTO, Legal , Customers, consultants, etc.

Key Skills & Experience
• Proven demonstration of top class problem solving skills
• Excellent analytical skills: structuring and conducting rigorous analysis
• Ability to think strategically and develop a strategic view on MasterCard’s services and economics- understanding the financial fundamentals and architecture behind MasterCard business cases
• Excellent communication skills; able to liaise and work with a customer oriented mindset towards its internal and external counterparts (e.g., accountability, sense of urgency, excellence).
• Strong drive and curiosity to learn, creativity, passion to achieve and excel
• Ability to manage small-scale projects and use its project-management skills for managing more complex processes
• Strong team player who can operate effectively in a complex matrix
• Strong background in finance concepts
• Exxcellent knowledge of Excel, Access and possibly other Information Management tools.
• Fluent in English

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.