Product Manager

Product ManagerLocation: London (Remote or Hybrid)Salary: Competitive + benefitsHaystack is hiring on behalf of Mastercard, a global leader in the payments industry. Mastercard powers secure, simple, and smart transactions in over 200 countries, helping to build an inclusive, digital economy that benefits everyone.The Interchange Solutions team, part of Mastercard’s Commercial New Payment Flows (CNPF) division, plays a pivotal role in shaping and managing the company’s flexible interchange solutions across B2B and travel payment ecosystems.This role is ideal for a strategic product manager who combines deep technical knowledge with commercial acumen, thrives on complexity, and enjoys collaborating with global teams to design and deliver innovative solutions in the commercial payments space.What you’ll doManage the end-to-end lifecycle of Mastercard’s flexible interchange programs, including Mastercard Wholesale Program (MWP), Flex Program (MFP), Variable Interchange Program (VIP), and MAIDs.Drive the roadmap and enhancements for Account Level Management (ALM) and B2B Rate Manager, ensuring alignment with customer needs and market trends.Partner with internal teams across Product, Core Payments, Billing, Franchise, and Regional Operations to deliver scalable, compliant, and customer-centric solutions.Support business development teams in articulating Mastercard’s value proposition to banks, travel agencies, and corporate clients.Collaborate with R&D and data teams to anticipate market shifts, assess customer feedback, and inform future product direction.Lead the development of business cases, financial projections, and strategy presentations for new initiatives.Provide consultative expertise to external partners, addressing technical queries, rule changes, and regulatory considerations.Manage internal and external product collateral, ensuring consistent documentation and training across global teams.Champion innovation within the B2B payments space, identifying opportunities for Mastercard to expand and optimise its interchange ecosystem.What you’ll bringStrong understanding of Mastercard core products, payment networks, and processes such as authorisation, clearing, and settlement.Proven product management experience, ideally in B2B, travel, or commercial payments.Excellent analytical skills, with the ability to interpret data, identify trends, and translate insights into actionable strategies.Advanced proficiency in Excel, PowerPoint, and familiarity with Mastercard tools such as Enterprise Reporting, MyMPA, and Power BI.Exceptional communication and stakeholder management skills, with the confidence to engage technical and business audiences alike.Self-motivated, adaptable, and able to thrive in a matrixed, fast-moving environment.A proactive, problem-solving mindset and a strong sense of ownership.Why join MastercardBe part of a global innovation leader driving the evolution of digital and commercial payments.Collaborate with world-class teams across product, technology, and strategy.Opportunity to influence global B2B and travel payment solutions used by major institutions.Competitive compensation, benefits, and opportunities for professional growth.Hybrid flexibility and a strong culture grounded in inclusivity, innovation, and integrity.If you’re a product professional ready to take ownership of high-impact, global payment solutions and help define the future of interchange innovation, this role offers the perfect platform to make your mark.Apply now via Haystack to join Mastercard as Manager, Product Management - Interchange Solutions (Global Flexible Interchange Solutions).