Vice President, Public Sector Emerging Verticals, Business Development
Company: Hispanic Alliance for Career Enhancement
Location: New York
Posted on: May 7, 2025
Job Description:
Our PurposeMastercard 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 SummaryVice President, Public Sector Emerging Verticals,
Business Development Overview:At the core of Mastercard's ethos of
"doing well by doing good" is our work with governments,
nonprofits, education partners, and transit agencies. The U.S.
Public Sector team is responsible for those critical partnerships
at the federal, state, and local level. We bring the best of
Mastercard - our products, partnerships, and people - to help our
public sector customers work harder, better, faster, smarter for
their constituents. This includes helping governments disburse
benefits and emergency relief through our prepaid offerings;
powering university procurement and travel through commercial
cards; enabling nonprofits to optimize their impact through data
and insights; and much more.The Vice President of Public Sector
Emerging Verticals will be responsible for growing Mastercard's
business in underpenetrated verticals and new adjacent
opportunities, including urban mobility, government collections,
and services. This role requires a jack of all trades - someone who
can flex from strategy to execution. The successful candidate will
be a visionary capable of seeing around corners, anticipating
trends, and identifying the "next big thing" in public sector. They
will be willing to place big bets, and will have the fortitude and
perseverance to drive those big bets to fruition. They will be
excited by the opportunity to do the new, the different, the
"first-of-its-kind" and will have the ability to convene and
mobilize cross-functional stakeholders up, down, and across the
organization to get it done. Prior experience at the intersection
of public sector and acceptance / acquiring spaces
encouraged.Role:
- Lead and grow the Emerging Verticals business within the U.S.
Public Sector team.
- Develop and shape strategy (including identifying new
opportunities, accelerating growth in existing priority areas,
managing pipeline, cultivating new relationships, elevating
Mastercard brand and visibility, etc.) to further accelerate market
expansion within Urban Mobility, Nonprofits, & Government
Collections.
- Build business cases, develop go-to-market, secure
cross-functional buy-in (e.g. account teams, product, finance,
legal), drive execution, and manage executive communication around
strategic initiatives.
- Directly manage senior customer relationships and strategic
accounts; lead a high-performing team of relationship
managers.
- Accountable for prospecting, cultivating, and closing
opportunities, including successfully navigating contracts through
rigorous legal and financial review processes. Collaborate across
Acquiring, Issuing, and Merchant sales teams to drive
cross-functional wins.
- Partner with regional product teams to establish Public Sector
specific value propositions, pricing, and desired features needed
to win.
- Build relationships and establish trust with customers across
the organization. Able to navigate up to C-Suite and embed yourself
as a trusted partner.
- Be a thought leader and subject matter expert for both
Mastercard and our customers. Will be required to speak at
conferences from time-to-time.All About You:
- Ability to flex from strategy to execution, with intellectual
curiosity and industry knowledge to skate to where the puck is
moving, not where it's been.
- Entrepreneurial spirit. Growth mindset. Relentless ability to
preserve; can-do spirit and positive attitude a must.
- Strong commercial acumen with creative problem-solving skills.
Demonstrated ability to develop strategic plans and build
data-driven business cases.
- Proven strength in navigating complex organizational matrix,
capable of building cross-functional buy-in. Ability to influence
and motivate others to achieve objectives.
- Strong executive presence with sound judgement under pressure
and in high visibility / rapidly evolving environments.
- Passion to provide products and services that support
Government and Nonprofit sectors.
- Strong people leader with the ability to build highly motivated
and successful teams.
- Acts with a sense of urgency and strong track record on
delivering results.
- Strong understanding of the four-party payment model. Acquiring
experience is a plus.
- History of holding sales targets, building pipeline, and
winning new customers. Strong sales acumen, quantitative rigor, and
negotiation skills needed.
- Ability to quickly learn offerings outside of own historical
exposure / domain across issuing, acquiring, and services
businesses.
- Strong analytical skills and experience managing P&Ls to
successful outcomes including navigating market and regulatory
dynamics.
- Strong written, presentation and verbal communications
skills.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 reasonable_accommodation@mastercard.com 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 ResponsibilityAll 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.Pay
RangesPurchase, New York: $208,000 - $334,000 USDNew York City, New
York: $217,000 - $348,000 USDWashington, District of Columbia:
$208,000 - $334,000 USD
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Keywords: Hispanic Alliance for Career Enhancement, Bridgeport , Vice President, Public Sector Emerging Verticals, Business Development, Executive , New York, Connecticut
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