Manager, Business Development

Posted 2 Hours Ago
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London, Greater London, England, GBR
Hybrid
Mid level
Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
We are a global technology company in the payments industry.
The Role
The Manager, Business Development will grow commercial products for large B2B clients by executing sales strategies, managing pipelines, and establishing relationships with new customers in the UK market.
Summary Generated by Built In
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, Business Development
Business Development Manager, Commercial Solutions
Who is Mastercard?
Mastercard is a global technology company in the payments industry. Our mission is 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. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
Overview
Mastercard has a vision to build a leadership position as the only truly multi-rail payments technology company and Europe is at the forefront in defining and executing our multi-rail strategy. Commercial payments are a large opportunity for Mastercard in the UK market. This role will develop and grow our commercial products and solutions for large market B2B and Travel & Entertainment, supplier payments and embedded finance technology partnerships.
Key accountabilities of the role
Grow spend volumes & increased revenues by identifying and pursuing opportunities with new customers, active in the UK.
Execute on defined sales strategy through a segmented approach towards mid and large corporates, and partners.
Responsible for rigorous sales pipeline management across the different segments,
coordinating with local product development and account management teams.
Introduce commercial cards and non-cards solutions to the market including
expense management, virtual cards, business-to-business payments, working capital, supplier acceptance & onboarding and business intelligence.
Prospect, contact, and support contracting with new customers through multiple engagement channels including direct contacts, international meeting, events & conferences.
Play a consultative role in conversations with key decision makers at new customers.
Enhance ongoing business development relationships with the industry by
attending & participating in webinars, and customer trainings in the commercial payments space, T&E and B2B space.
This is a sole contributor role
All About You
Hunter mentality with a proven track record of creating, driving and winning new business with mid and large market corporates
Strong Commercial payments experience and knowledge with 3+ years' experience in the payments or financial services sector.
Advanced level understanding of B2B payment flows, business needs and the purchase to pay process in large organisations
Demonstrated success introducing & selling existing and emerging platform based B2B commercial
payments solutions.
A track record of executing clear sales action plans including forecasting & pipeline management.
Proven ability to build meaningful, trusting relationships with large and multinational customers.
Strong collaborator - able to build trusted partnerships both internally and externally.
Track record in consistently achieving business growth targets as sole contributor.
Comfortable with roles that require discretion, integrity, and agility
Experiences and other requirements
Excellent verbal and written communications skills to articulate solutions and value propositions to senior management stakeholders and customers.
Ability to work collaboratively and deliver results in a highly cross-functional environment.
High self-motivation and ability to work autonomously; "can do" attitude;
strong customer and results orientation.
Experience in a SaaS based business development role within payments preferred
Fluency in English with other languages highly preferable
Bachelor's degree required; MBA or other post graduate degree an advantage
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.

Skills Required

  • 3+ years' experience in payments or financial services sector
  • Strong commercial payments experience and knowledge
  • Bachelor's degree required; MBA is an advantage
  • Excellent verbal and written communications skills
  • Experience in SaaS based business development role preferred

What the Team is Saying

Jenny
Mastercard

Mastercard Compensation & Benefits Highlights

  • Retirement Support Retirement programs include an employer match up to 10% (401k or local equivalent), consistently highlighted in careers materials. Feedback suggests this is a standout component of total rewards.
  • Parental & Family Support A global minimum of 16 weeks paid new‑parent leave is offered for birth, adoption, or foster placements, with financial assistance for fertility, adoption, and surrogacy where allowed. Feedback suggests these provisions are robust relative to many large employers.
  • Flexible Benefits Flexibility features include hybrid work, a four‑week “work from elsewhere” program, quarterly meeting‑free days, and five paid volunteer days. Feedback suggests these options support work/life balance across many roles.

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The Company
HQ: Purchase, NY
38,800 Employees
Year Founded: 1966

What We Do

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient 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.

Why Work With Us

We live the Mastercard Way: creating value in the communities we touch, growing together through the opportunities we see, and moving fast to innovate and scale. Our collaborative culture and our passionate people are the key to what we do, driving meaningful change as one team and connecting everyone to priceless possibilities.

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About our Teams

Mastercard Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

In our ongoing workplace evolution, we’ve introduced hybrid work, Work-From-Elsewhere Weeks and Meeting-Free Days.

Typical time on-site: 3 days a week
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