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, Government Affairs and PolicyOverviewWho is Mastercard?
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential.
Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
Role
The successful candidate for this role will be responsible for the development of Mastercard’s global public policy positions related to payment network economics and the cost of acceptance, as well as the coordination of internal alignment around these positions.
Key responsibilities associated with this role will include:
• Tracking the evolution of global regulatory and policy measure designed to alter or restrict the role of market economics within payment networks, including but not limited to the regulation of interchange, scheme fees, and the introduction of routing requirements.
• Commissioning, conducting, and curating quantitative research and analysis into the economic value of payments, and the unintended consequences of restriction of network economics.
• Developing education, thought leadership, and advocacy materials designed to support local advocacy and engagement efforts related to network economics and the cost of acceptance.
• Collaborating with Mastercard’s regional Government Affairs teams to shape local dialogues related to network economics and the cost of acceptance by driving the development of consultative responses, participating in the development of policy engagement strategies, and providing subject matter expert support for meetings with key stakeholders
• Coordinating the internal sharing of insights and best practices related to network economics and developing structured approaches for reconciling diverging local approaches to restrictions on network economic
About You
• A leading specialist in the economics of payment networks with a robust set of foundational economic qualifications (preferably a PhD, and at least a Masters level certification).
• Demonstrated experience in leading the development of advocacy materials and collaborating with local government affairs teams on the engagement of policy makers and the assembling of advocacy coalitions.
• Demonstrated experience managing projects within complex matric organizations through effective the coordination of resources from across teams/regions, and where necessary the escalation of key decisions to executive leadership.
• A demonstrated capacity to effectively scope the economic analysis needed to support Mastercard’s advocacy efforts and, where necessary, to identify and engage best in class third party experts in the development of this research.
• A robust understanding of the key issues and stakeholders animating policy and regulatory debates around payments, network economics, and competition
• A demonstrated capacity to ‘think like a policymaker’, placing yourself in mindset of legislators, regulators, and standards setters to understand their underlying motivations and policy objectives
• A demonstrated history of building strong working relationships with policy SMEs within the public sector (legislative, administrative, and regulatory) by serving as a trusted SME and source of private sector insights
• The ability to analyze and manage complex issues, analyzing them from a range of perspectives, setting clear objectives, and working collaboratively with teammates towards a shared goal
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.
