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Director, Account Management

Mastercard
Full-time
On-site
New York, New York, United States
πŸ’Ό Account Management

πŸ“Œ Core Information

πŸ”Ή Job Title: Director, Account Management

πŸ”Ή Company: Mastercard

πŸ”Ή Location: New York City, New York

πŸ”Ή Job Type: Full-Time

πŸ”Ή Category: IT Services and IT Consulting

πŸ”Ή Date Posted: May 12, 2025

πŸ”Ή Experience Level: 10+ years

πŸ”Ή Remote Status: On-site

πŸš€ Job Overview

Key aspects of this role include:

  • Managing strategic relationships with global digital merchants and marketplaces
  • Driving business development opportunities and commercial proposals
  • Negotiating deal terms and partnership agreements
  • Collaborating with internal stakeholders to deploy strategically important products and services

ASSUMPTION: This role requires a high level of strategic thinking, commercial acumen, and strong communication skills to succeed in a dynamic and complex environment.

πŸ“‹ Key Responsibilities

βœ… Develop and manage a successful sales pipeline of new business initiatives that support Mastercard's strategy and goals

βœ… Drive business development opportunities and innovative commercial proposals to deliver increased revenue and market share

βœ… Defend and grow revenues through relationship management and commercialization of Mastercard's product solutions

βœ… Identify business opportunities and needs, and engage in the development of solutions to commercialize new offerings

βœ… Broaden relationships with client stakeholders to drive more strategic discussions and entrench the Mastercard brand

βœ… Construct deal terms and partnership/commercial agreements with potential partners and successfully negotiate deal terms in line with Mastercard's strategy

βœ… Push the organization to act as a global partner of the managed accounts and ensure global alignment on priority activities

ASSUMPTION: This role requires a proactive approach to account management, with a focus on driving growth and strategic alignment with clients and internal stakeholders.

🎯 Required Qualifications

Education: Bachelor's degree in Business, Marketing, or a related field (or equivalent experience)

Experience: Proven track record in account management or sales roles within the payments industry, with a focus on digital commerce

Required Skills:

  • Strategic mindset and strong commercial acumen
  • Excellent communication and negotiation skills
  • Strong understanding of digital commerce trends and regulatory environments
  • Ability to navigate complex organizations and influence without direct authority
  • Ability to think outside the box and recognize the value of alternative thinking

Preferred Skills:

  • Experience working with global digital merchants and marketplaces
  • Fluency in multiple languages

ASSUMPTION: Candidates with experience in the payments industry and a strong understanding of digital commerce trends will be best suited for this role.

πŸ’° Compensation & Benefits

Salary Range: $172,000 - $275,000 USD per year (based on location, experience, and other qualifications)

Benefits:

  • Medical, prescription drug, dental, and vision insurance
  • Disability and life insurance
  • Flexible spending account and health savings account
  • Paid leaves, vacation days, and sick days
  • 401k with company match
  • Tuition reimbursement and gender-inclusive benefits

Working Hours: Full-time, typically Monday to Friday, 9:00 AM to 5:00 PM, with flexibility based on business needs

ASSUMPTION: The salary range provided is an estimate based on industry standards for similar roles and may vary depending on the candidate's qualifications and experience.

πŸ“Œ Applicant Insights

πŸ” Company Context

Industry: Mastercard operates in the IT Services and IT Consulting industry, focusing on global digital payments and commerce

Company Size: Mastercard has 10,001+ employees, making it a large organization with significant resources and global reach

Founded: 1966, with headquarters in Purchase, NY

Company Description:

  • Mastercard powers economies and empowers people in 200+ countries and territories worldwide
  • Supports a wide range of digital payments choices, making transactions secure, simple, smart, and accessible
  • Combines technology, innovation, partnerships, and networks to deliver unique products and services

Company Specialties:

  • Global digital payments and commerce
  • Technology and innovation
  • Innovative mobile payment solutions and processing

Company Website: http://www.mastercard.com

ASSUMPTION: Mastercard's large size and global presence offer applicants significant opportunities for career growth and development.

πŸ“Š Role Analysis

Career Level: This role is at the director level, requiring strategic decision-making and leadership skills

Reporting Structure: The Director, Account Management reports to the SVP Global Digital Merchants & Marketplaces

Work Arrangement: This role is on-site, with the expectation of working from the New York City office

Growth Opportunities:

  • Potential to expand the role's scope and impact based on performance and business needs
  • Opportunities to work with diverse teams and stakeholders across the organization
  • Chance to develop leadership and management skills through team collaboration and mentorship

ASSUMPTION: This role offers significant growth opportunities for the right candidate, with the potential to make a substantial impact on Mastercard's business.

🌍 Location & Work Environment

Office Type: Mastercard's New York City office is a modern, collaborative workspace with amenities and resources to support employee productivity and well-being

Office Location(s): 150 5th Avenue, New York, NY 10010

Geographic Context:

  • New York City is a major global financial hub, offering a dynamic and fast-paced work environment
  • The city provides ample opportunities for networking and professional development
  • New York City has a diverse and multicultural population, reflecting Mastercard's global customer base

Work Schedule: Full-time, typically Monday to Friday, with flexibility based on business needs

ASSUMPTION: The New York City office provides a vibrant and stimulating work environment, with easy access to cultural attractions, dining, and entertainment options.

πŸ’Ό Interview & Application Insights

Typical Process:

  • Phone or video screening to assess communication skills and cultural fit
  • In-depth behavioral and situational interviews to evaluate problem-solving skills and strategic thinking
  • Final interviews with senior leadership to discuss the role's fit within Mastercard's strategic priorities

Key Assessment Areas:

  • Strategic thinking and commercial acumen
  • Communication and negotiation skills
  • Understanding of digital commerce trends and regulatory environments
  • Ability to navigate complex organizations and influence without direct authority

Application Tips:

  • Tailor your resume and cover letter to highlight relevant experience and skills for this role
  • Prepare examples of your ability to drive business development, manage strategic relationships, and negotiate deal terms
  • Demonstrate your understanding of Mastercard's business and the global digital payments landscape

ATS Keywords: Account Management, Business Development, Strategic Planning, Digital Commerce, Merchant Acquiring, Partnerships, Negotiation, Stakeholder Management, Global Digital Merchants, Marketplaces

ASSUMPTION: Mastercard's recruitment process is designed to assess candidates' strategic thinking, commercial acumen, and cultural fit for the organization.

πŸ› οΈ Tools & Technologies

  • CRM software (e.g., Salesforce)
  • Project management tools (e.g., Microsoft Project, Asana)
  • Data analysis and visualization tools (e.g., Excel, Tableau)
  • Communication and collaboration platforms (e.g., Microsoft Office Suite, Slack)

ASSUMPTION: Mastercard provides its employees with access to industry-standard tools and technologies to support their work.

πŸ‘” Cultural Fit Considerations

Company Values:

  • Doing the Right Thing
  • Staying True to Ourselves
  • Including Everyone
  • Partnering at Our Finest
  • Excelling as One Team

Work Style:

  • Collaborative and team-oriented
  • Results-driven and focused on delivering excellence
  • Adaptable and responsive to change
  • Innovative and forward-thinking

Self-Assessment Questions:

  • How do you align with Mastercard's core values, particularly 'Partnering at Our Finest' and 'Excelling as One Team'?
  • How do you approach building and maintaining strategic relationships with clients and internal stakeholders?
  • How do you balance a focus on short-term results with long-term strategic planning and execution?

ASSUMPTION: Mastercard's culture values collaboration, innovation, and a commitment to doing the right thing, both for its customers and employees.

⚠️ Potential Challenges

  • Managing a diverse portfolio of global digital merchants and marketplaces with varying needs and priorities
  • Navigating complex regulatory environments and industry trends
  • Balancing short-term revenue growth with long-term strategic objectives
  • Working effectively with internal stakeholders across multiple regions and functions

ASSUMPTION: This role presents unique challenges that require a strategic mindset, strong communication skills, and the ability to navigate complex environments.

πŸ“ˆ Similar Roles Comparison

  • Compared to other account management roles, this position focuses more on strategic planning and business development with global digital merchants and marketplaces
  • Industry-specific context: The global digital payments landscape is dynamic and rapidly evolving, requiring candidates to stay up-to-date with trends and innovations
  • Career path comparison: This role offers opportunities for growth and development within Mastercard's global digital merchants and marketplaces team, as well as potential career progression into senior leadership positions

ASSUMPTION: This role offers unique opportunities and challenges compared to similar positions in the industry, with a focus on strategic planning, business development, and global digital merchants and marketplaces.

πŸ“ Sample Projects

  • Developing and executing a strategic account plan for a global digital merchant, driving revenue growth and expanding Mastercard's product footprint
  • Negotiating a complex partnership agreement with a major marketplace, balancing Mastercard's strategic objectives with the partner's needs and priorities
  • Collaborating with internal stakeholders to deploy a new product offering, ensuring alignment with Mastercard's strategic roadmap and client needs

ASSUMPTION: These sample projects illustrate the strategic and collaborative nature of the Director, Account Management role, requiring strong communication, negotiation, and problem-solving skills.

❓ Key Questions to Ask During Interview

  • How does this role fit into Mastercard's overall strategy for global digital merchants and marketplaces?
  • What are the key priorities for this role in the first 90 days?
  • How does Mastercard support the professional development and growth of its employees in this role?
  • What are the key challenges facing the global digital merchants and marketplaces team, and how can this role help address them?
  • How does Mastercard foster a culture of collaboration and innovation within its teams?

ASSUMPTION: Asking these questions demonstrates your interest in the role and its strategic context, as well as your commitment to driving success for Mastercard and its clients.

πŸ“Œ Next Steps for Applicants

To apply for this position:

  • Submit your application through this link
  • Tailor your resume and cover letter to highlight your relevant experience and skills for this role
  • Prepare examples of your ability to drive business development, manage strategic relationships, and negotiate deal terms
  • Demonstrate your understanding of Mastercard's business and the global digital payments landscape
  • Follow up with the hiring manager one week after submitting your application to express your continued interest in the role

⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.