Vice President, Product Management - Clearing and Reconciliation, Network Products

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, Product Management - Clearing and Reconciliation, Network Products

Role Overview

This role will lead the strategy, development, and execution of Real-Time Clearing, Clearing on Behalf, and Next-Generation Reconciliation, playing a key role in delivering on Mastercard’s Immediacy Strategy and Vision 2030.

The position is critical to scaling clearing capabilities, accelerating innovation, and driving measurable revenue and network impact.

Key Responsibilities

• Act as the Global Product Management Lead for Clearing and Reconciliation.
• Own the product strategy, roadmap, and execution for clearing programs and reconciliation capabilities.
• Drive product performance, adoption, and revenue growth across clearing offerings.
• Serve as a senior product voice and internal evangelist, aligning teams and leaders around product vision.
• Partner closely with Product Development, Network Operations, Go-To-Market,-Finance, and Technology teams to deliver roadmap outcomes.
• Lead the optimization and scaling of the Clearing Program and supporting services.
• Manage and mentor high-performing product management teams.
• Provide strategic insights based on customer needs, market trends, and network priorities.

All About You

• 10+ years of experience within Mastercard or the broader card payments ecosystem.
• Deep expertise in authorization, clearing, settlement, and reconciliation.
• Proven leader with experience managing complex, global product portfolios.
• Experience managing teams.
• Strong strategic thinker with ability to drive execution across matrixed teams.
• Confident communicator with senior stakeholder and customer-facing experience.
• Comfortable representing Mastercard in internal forums and industry engagements.
• Bachelor’s degree required, advanced degree preferred.

Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact [email protected] and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

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.

In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 10 annual paid U.S. observed holidays; 401k with a best-in-class company match; deferred compensation for eligible roles; fitness reimbursement or on-site fitness facilities; eligibility for tuition reimbursement; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.

Pay Ranges

O'Fallon, Missouri: $204,000 - $326,000 USD

New York City, New York: $245,000 - $391,000 USD

Purchase, New York: $235,000 - $375,000 USD