Manager, Product Management, Scheme and Regulatory Compliance

Overview

Manage product compliance for the Mastercard Gateway product suite by analysing scheme and regulatory changes, assessing their impact, prioritizing initiatives, and tracking delivery within mandated timelines. The role supports governance, stakeholder communications, training, and readiness activities across global payments teams and customers.

What you'll do

• Analyse card scheme communications, mandates, bulletins, and regulatory updates for applicability, business impact, customer impact, delivery risk, and compliance deadlines.
• Summarize scheme rule changes and translate them into actionable requirements for impacted Gateway business areas.
• Partner with Product, PMT, Region, Engineering, Legal, Compliance, Operations, and Customer-facing teams to prioritize and deliver required changes within mandated timelines.
• Support roadmap planning and SAFe PI or Kanban Planning by representing compliance priorities, dependencies, risks, and deadlines in delivery plans.
• Maintain a central repository of scheme communications, impact assessments, decisions, evidence, and delivery status.
• Build and maintain internal portals, trackers, and communication channels for scheme compliance updates and mandate visibility.
• Define, document, and continuously improve scheme compliance intake, triage, assessment, governance, escalation, and closure processes with end-to-end ownership.
• Support MPGS business areas with scheme-related queries, clarifications, and interpretation of scheme requirements.
• Prepare internal and external communications, training material, customer readiness updates, and implementation guidance.
• Liaise with payment networks and schemes to clarify requirements, represent MPGS considerations, and advocate appropriate Mastercard or customer positions.
• Identify and escalate compliance gaps, delivery risks, financial exposure, and customer impacts with recommended remediation and communication plans.
• Use and bring AI efficiency into day-to-day work and the compliance process.
• Abide by Mastercard’s security policies and practices.
• Ensure the confidentiality and integrity of accessed information.
• Report suspected information security violations or breaches.
• Complete periodic mandatory security trainings in accordance with Mastercard’s guidelines.

What you'll need

• 8+ years of experience in Product Management, Payments, Scheme Compliance, Regulatory Compliance, Gateway products, Acquiring business, Merchant services, or related payments domains.
• Strong understanding of card schemes authorization and clearing modules, payment gateways, acquirers, merchants, acquiring banks, ecommerce, card present, digital, and token payment flows.
• Experience interpreting scheme rules, mandates, bulletins, compliance requirements, and regulatory updates and converting them into clear product requirements and delivery actions.
• Experience working with agile and Kanban delivery models, including SAFe, PI Planning, backlog prioritization, dependency management, and cross-team execution tracking.
• Ability to build effective relationships across Product, Engineering, Legal, Compliance, Operations, Regional, Commercial, Sales, Support, and Customer-facing teams.
• Strong analytical skills to assess business impact, delivery complexity, financial exposure, reputational risk, and customer implications.
• Demonstrated ability to manage complex, multi-stakeholder initiatives across global teams and time zones.
• Excellent communication, presentation, and interpersonal skills, with the ability to simplify complex scheme requirements for technical and business audiences.
• Self-organized and self-driven, with an end-to-end ownership mindset, collaborative approach, and comfort operating in a fast-paced global payments environment with evolving priorities and strict compliance deadlines.
• Knowledge of AI tools, AI agents, and applications such as Aha, Confluence, and Jira.

Details

• Location: Pune, India.