Mastercard Job - 49664034 | CareerArc
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Company: Mastercard
Location: Dubai, Dubai, United Arab Emirates
Career Level: Executive
Industries: Banking, Insurance, Financial Services

Description

Our Purpose

We work 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. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.

Title and Summary

Vice President, Account Management Job Description Summary

Overview
• Develop sales pipeline leveraging all available resources in coordination with the product development and account management teams
• Work with Customer Account Managers and Country Managers to identify opportunities to sell new products to existing customers
• Participate in high-level, interactive conversations with key decision makers around new or emerging product opportunities
• Analyze customers' existing business through profitability modeling, financial forecasting and competitive analysis and recommend opportunities for additional revenue
• Develop long-term growth strategies to optimize mutual profitability across debit and credit business lines
• Work with virtual team of MC subject matter experts to strategically articulate value propositions to close new business opportunities
• Develop financial modeling and business cases for identified opportunities
• Execute and manage the customer contract agreement process, ensuring global linkage of resources and information sharing
• Be the responsible “face of MasterCard” to the prospect/customer through high level interactions with key stakeholders such as senior bank executives, country regulatory contacts, representatives of marketing and card vendors as well as third party processing companies.

Major Accountabilities:
This individual is the 'Go To' person for Business Development across assigned territories within the UAE, ensuring alignment between the location's 'go-to-market' approaches and the overall MEA Business Development strategy, taking into account the region's longer term strategic initiatives. This role will see the individual lead one major regional key group relationship and drive the business strategy for the partner, to ensure growth across all shared key KPIs; and ultimately dominance within the territory.
Establish new partner / vendor/ enabler / joint venture integration with capabilities to sustain Mastercard's competitive advantage and tracking performance against key objectives. This individual will have responsibility for establishing and maintaining strong business relationships (across all levels of the organization) with select banking partners, vendors, the wider banking industry and regulators across the assigned location.
Fundamental to this role will be the ability to set in place a long-term strategic agenda that will accelerate both Mastercard and partner growth; as well as ensure expansion and diversification (in line with global priorities) in the assigned territory. and leading execution programs leveraging Mastercard's cross functional teams.
The candidate must be to position themselves as a trusted advisor and be able to create a strategic framework for success and unlock bank-wide opportunities that will extend services, expand payments and drive the strategic growth agenda driving everything from sizing and quantifying strategic opportunities to designed operational and organizational frameworks to ensure successful results delivery.

In addition, the successful candidate must have a sound knowledge of the payments industry, P&L management and how to maximize revenue through an effective payments and partnerships strategy.

The individual will support in the development of the allocated location's Interchange strategies, in collaboration with all regional cross functional teams. The successful candidate will be required to support in the assigned location's Regulatory dialogue and support Country Management, on all matters relating to national and regional interests.
Key Competencies sought:

• Business Acumen
• Knowledge leadership
• Finance and planning
• Solution drive
• Results orientation
• Strong Analytical ability
• Sales and Marketing expertise
Professional Qualities:
• Leadership
• Influence; assertiveness; initiative
• Autonomy; independence; accountable and responsibly
• Quantitative, qualitative and analytical insight
• Commitment; passion and energy
Experience Required:

• Bachelor's degree required, MBA preferred.
• Extensive experience in the financial services and payments business
• Deep business development and marketing experience
• Strong project management, problem solving, analytical and organizational experience
• Experience in merchant acquiring, retailing and / or corporate transactional banking will be advantageous
• Demonstrated experience in managing multiple stakeholders in a multicultural environment across multiple geographic locations
• Excellent writing and presentation skills, extensive experience in communicating in international environment at senior management level
• Strong negotiation and influencing skills
• Organization and time management skills; ability to multi-task
• Exceptional business judgment and strategic planning skills
• Business Case development, including financial analytics
• Budget preparation and management
• Ability to work collaboratively
• Solid solution development skills and effective working both independently and in a team environment
• Strong written and verbal communication skills, including presentation skills
• Strong client management skills
• Strong teamwork skills
Consultancy experience preferred

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.




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