Manager, Product Development, Prepaid Management Services

Location: Pune, India

Time Type: Full time

Job 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

Manager, Product Development, Prepaid Management Services

Overview:
Mastercard is a global technology company in the payments industry. Our mission is to power an inclusive, digital economy by making transactions safe, simple, smart, and accessible. Through secure data, trusted networks, and strategic partnerships, we enable individuals, financial institutions, governments, and businesses to realise their full potential.

Mastercard Prepaid Management Services (MPMS) delivers end-to-end prepaid card solutions across travel, transit, foreign exchange, gifting, and buy-now-pay-later segments. As a fintech enabler, MPMS operates a scalable, modular platform that supports a global portfolio of prepaid programmes, combining innovation with operational excellence.

Role Purpose:
The Manager, Product Development is responsible for driving the successful delivery of product roadmap initiatives from concept through to customer readiness, ensuring alignment with business objectives and value creation. Acting as a Product Owner within a SAFe Agile environment, the role requires close collaboration with cross-functional teams, ownership of the product backlog, and a strong focus on delivering high-quality platform capabilities. This position plays a key role in bridging technical execution and business outcomes, supporting the end-to-end software development lifecycle and product integration efforts.

Key Responsibilities:
• Drive the delivery of API product roadmap initiatives, from concept through implementation and customer readiness
• Act as Product Owner for API capabilities, managing the product backlog, prioritization, and stakeholder alignment
• Collaborate closely with Architecture, Engineering and cross-functional teams to ensure APIs are robust, scalable, and developer-friendly
• Support end-to-end product integration and delivery within a SAFe Agile framework
• Enable go-to-market readiness including developer enablement, documentation, onboarding, and internal training
• Serve as a platform specialist, providing technical support to internal stakeholders and external clients

Essential Experience and Skills:
• Strong experience in API-first product development or platform-based product management
• Proven experience in product development, preferably within payments, fintech, or digital platforms
• Ability to work effectively in a matrixed, global environment with diverse stakeholders
• Strong analytical and problem-solving skills, with the ability to balance strategic thinking and execution
• Excellent communication and stakeholder management skills, including the ability to influence without authority
• Experience translating complex technical concepts into clear, customer-focused value propositions
• Proficiency in SAFe/Agile software development lifecycle methodology

Desirable Attributes:
• Experience with developer platforms, API gateways, or SDKs
• Passion for continuous learning and personal growth; open to new ideas and evolving market trends
• Proven ability to manage multiple strategic initiatives concurrently
• Experience with agile delivery frameworks and platform governance

Key Competencies:
• Product ownership mindset – End-to-end accountability for delivery, quality, and value
• Technical-business bridging – Able to align technical execution with business outcomes
• Collaboration & influence – Strong partnership across technology, regions, and business teams
• Execution discipline – Ability to deliver within Agile frameworks with focus on quality and timeliness
• Strategic thinking – Ensures API capabilities are aligned with broader MPMS objectives

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.