SVP, Business Expansion & Transformation

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

SVP, Business Expansion & Transformation

Overview
The Senior Vice President, Business Expansion & Transformation (BET) will lead a newly established function within Mastercard’s Business & Market Insights organization (B&MI). This role is responsible for driving bold innovation, business diversification, and sustainable growth by identifying, incubating, and commercializing transformative opportunities aligned with Mastercard’s strategic priorities and external market signals.

This executive leader will oversee a continuous ideation funnel, partner with Mastercard Foundry and Technology teams, and shape a cohesive, modernized blueprint across B&MI capabilities and emerging products. The ideal candidate is a visionary strategist and operator with a passion for building the future of Mastercard through experimentation, cross-functional collaboration, and disciplined execution.

Key Responsibilities

Lead the Business Expansion & Transformation (BET) function, setting the strategic vision and operating model to drive innovation and business diversification across B&MI. Build and lead a high-performing team to deliver on BET’s mission.
Manage a dynamic ideation and transformation pipeline and funnel, identifying high-impact opportunities through market signals, customer needs, and emerging technology trends.
Partner with Mastercard Foundry to co-develop and pilot new concepts, and with Technology to ensure architectural alignment and scalability. Demonstrate measurable impact through creation and rapid growth of new P&L that represents 5%+ of Business & Market Insights within 4 years.
Partner with Technology to define and implement capabilities across B&MI product platforms that enable product teams to further differentiate product offerings.
Collaborate with senior stakeholders across Product, Technology, Strategy, regional teams, and other stakeholders to align on priorities and accelerate go-to-market execution.
Partner with broader Mastercard ecosystem (incl. Core payments, services, commercial & new payment flows) to identify opportunities for new Mastercard-wide initiatives that cut across-business.
Establish and maintain governance processes to evaluate, prioritize, and scale new initiatives, ensuring alignment with Mastercard’s and B&MI’s long-term growth strategy.
Represent BET internally and externally as a thought leader on innovation, transformation, and the future of commerce and relevant domains.
Key Skills and Experiences
Strategic Vision & Innovation: Proven ability to define and execute bold, forward-looking strategies that drive business transformation and unlock new growth vectors.
Product & Business Incubation: Experience leading early-stage product development, from ideation through incubation and commercialization, ideally in a matrixed or global environment.
Cross-Functional Leadership: Strong track record of influencing and collaborating across diverse teams including product, engineering, strategy, and commercial functions.
Technology Fluency: Deep understanding of emerging technologies (e.g., AI, real-time data, platform architecture) and their application to new business models.
Execution Excellence: Ability to balance visionary thinking with disciplined execution, including governance, resource planning, and performance measurement.
Change Management: Skilled at navigating ambiguity, driving organizational change, and fostering a culture of innovation and experimentation.
Communication & Influence: Exceptional communication skills with the ability to inspire teams, influence senior stakeholders, and represent Mastercard externally.
Entrepreneurial Mindset: A builder and innovator who thrives in fast-paced environments and is energized by creating what’s next.

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 based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. 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 new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 5 personal days, 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, gender-inclusive benefits and many more.

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 based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. 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 new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 5 personal days, 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, gender-inclusive benefits and many more.