Mastercard
Managing Consultant, Services Business Development - Strategic Cobrands
Be an Early Applicant
The Managing Consultant will drive growth for strategic clients, managing relationships and sales processes in payments and digital services, ensuring alignment with business objectives, and achieving revenue targets.
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
Managing Consultant, Services Business Development - Strategic Cobrands
Overview: Managing Consultant, Services Business Development - Strategic Cobrands
Be part of a team that brings the best of Mastercard to our most strategic customers.
The Services team and the solutions that we deliver fuel growth for our Financial Institution and Retail & Commerce partners globally by providing cutting edge services in the areas of Customer Acquisition & Engagement, Business & Market Insights, Business Experimentation, Personalization, Market Insights, Security Solutions, and Open Banking. Focused on thinking big and scaling fast, our agile sales team is responsible for end-to-end solutions for a diverse global customer base including retailers, airlines, hotels, tourism agencies, public sector entities, restaurants, consumer goods and telecom companies.
As a member of our Business Development team, you will be at the frontline of generating excitement and demand for our unique and evolving solutions. We value individuals who possess consultative sales management experience, exceptional analytical and problem-solving skills, comfort in navigating complex sales processes (including responses to RFPs), and the ability to form and manage successful lasting client relationships.
Find out about our solutions here: Mastercard Services (mastercardservices.com)
The Role
As Managing Consultant in Services Business Development, you will be instrumental in driving the growth of our most strategic merchant Cobrand Clients in the United States. The role is about more than payments and favors expertise in the broader merchant business including vertical expertise in retail or travel, business and market insights, customer acquisition and engagement, open finance, and security solutions including identity verification, fraud detection, and cybersecurity.
You will work in lockstep with account teams and be responsible for managing a portfolio of strategic clients, building on existing services relationships and initiating relationships in new buying centers to generate and qualify opportunities and promote Mastercard Services solutions to drive value.
To be successful the ideal candidate will:• Cultivate strong working relationships with clients, ensuring effective collaboration and engagement while driving revenue growth and expanded buying centers. • Demonstrate strong networking skills and a high degree of confidence initiating contact with new prospects to generate and qualify leads.• Have a customer first attitude, capable of uncovering customer needs beyond their explicit requests and crafting innovative customer strategies.• Collaborate with stakeholders to define and refine engagement scope, ensuring alignment with business objectives and client requirements.• Take ownership of the sales process, from prospecting to executing commercial contracts, ensuring seamless and efficient sales cycles while driving urgency with clients. • Lead both formal and informal pitches from storyboarding to face-to-face presentations, delivering compelling and concise presentations that effectively communicate key insights and recommendations.• Be responsible for achieving sales targets, revenue goals, and sales projections, consistently delivering outstanding personal performance. • Support project / customer success teams in problem-solving efforts and structuring project workplans.• Coach and provide valuable feedback to team members, fostering their professional growth.• Proactively seek new knowledge and skills, contributing to the development of intellectual capital within our organization.
All About You • Significant, management consulting experience, preferably in professional services, software as a service (SaaS), data & analytics, loyalty and/or cybersecurity solutions.• Strong analytical and problem-solving skills, enabling you to tackle complex challenges and gain credibility with account teams.• Strong communication and persuasion skills, both written and oral.• Exceptional relationship management skills, fostering long-term partnerships with clients.• You are a strong networker across relevant stakeholder base with the ability to listen, build common ground and influence to effectively advance business opportunities and generate revenues• You have a strong commercial drive with the ability to monetize senior client relationships based on empathy, thought leadership, knowledge of product impact, and subject matter expertise • Must have the ability to own and drive end-to-end sales including prospecting, scoping/pricing, business case development, contract development, client negotiation, legal approval, contract execution, and project kickoff.• Experience managing projects and teams, showcasing your leadership abilities.• Knowledge of consumer and commercial payments market is a plus • Comfort with macro-economic concepts and corporate finance is a plus• High level of energy, drive, enthusiasm, initiative, and commitment.• Outstanding multitasking abilities in a fast-paced, deadline-driven environment.• Bachelor degree in Business Administration, Commerce, Economics, Finance, Marketing, Management, Systems Engineering or related field. • An MBA or relevant post-graduate degree is preferred.
National Salary Band (Regardless if Location): $153,000-$229,000
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:
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
Managing Consultant, Services Business Development - Strategic Cobrands
Overview: Managing Consultant, Services Business Development - Strategic Cobrands
Be part of a team that brings the best of Mastercard to our most strategic customers.
The Services team and the solutions that we deliver fuel growth for our Financial Institution and Retail & Commerce partners globally by providing cutting edge services in the areas of Customer Acquisition & Engagement, Business & Market Insights, Business Experimentation, Personalization, Market Insights, Security Solutions, and Open Banking. Focused on thinking big and scaling fast, our agile sales team is responsible for end-to-end solutions for a diverse global customer base including retailers, airlines, hotels, tourism agencies, public sector entities, restaurants, consumer goods and telecom companies.
As a member of our Business Development team, you will be at the frontline of generating excitement and demand for our unique and evolving solutions. We value individuals who possess consultative sales management experience, exceptional analytical and problem-solving skills, comfort in navigating complex sales processes (including responses to RFPs), and the ability to form and manage successful lasting client relationships.
Find out about our solutions here: Mastercard Services (mastercardservices.com)
The Role
As Managing Consultant in Services Business Development, you will be instrumental in driving the growth of our most strategic merchant Cobrand Clients in the United States. The role is about more than payments and favors expertise in the broader merchant business including vertical expertise in retail or travel, business and market insights, customer acquisition and engagement, open finance, and security solutions including identity verification, fraud detection, and cybersecurity.
You will work in lockstep with account teams and be responsible for managing a portfolio of strategic clients, building on existing services relationships and initiating relationships in new buying centers to generate and qualify opportunities and promote Mastercard Services solutions to drive value.
To be successful the ideal candidate will:• Cultivate strong working relationships with clients, ensuring effective collaboration and engagement while driving revenue growth and expanded buying centers. • Demonstrate strong networking skills and a high degree of confidence initiating contact with new prospects to generate and qualify leads.• Have a customer first attitude, capable of uncovering customer needs beyond their explicit requests and crafting innovative customer strategies.• Collaborate with stakeholders to define and refine engagement scope, ensuring alignment with business objectives and client requirements.• Take ownership of the sales process, from prospecting to executing commercial contracts, ensuring seamless and efficient sales cycles while driving urgency with clients. • Lead both formal and informal pitches from storyboarding to face-to-face presentations, delivering compelling and concise presentations that effectively communicate key insights and recommendations.• Be responsible for achieving sales targets, revenue goals, and sales projections, consistently delivering outstanding personal performance. • Support project / customer success teams in problem-solving efforts and structuring project workplans.• Coach and provide valuable feedback to team members, fostering their professional growth.• Proactively seek new knowledge and skills, contributing to the development of intellectual capital within our organization.
All About You • Significant, management consulting experience, preferably in professional services, software as a service (SaaS), data & analytics, loyalty and/or cybersecurity solutions.• Strong analytical and problem-solving skills, enabling you to tackle complex challenges and gain credibility with account teams.• Strong communication and persuasion skills, both written and oral.• Exceptional relationship management skills, fostering long-term partnerships with clients.• You are a strong networker across relevant stakeholder base with the ability to listen, build common ground and influence to effectively advance business opportunities and generate revenues• You have a strong commercial drive with the ability to monetize senior client relationships based on empathy, thought leadership, knowledge of product impact, and subject matter expertise • Must have the ability to own and drive end-to-end sales including prospecting, scoping/pricing, business case development, contract development, client negotiation, legal approval, contract execution, and project kickoff.• Experience managing projects and teams, showcasing your leadership abilities.• Knowledge of consumer and commercial payments market is a plus • Comfort with macro-economic concepts and corporate finance is a plus• High level of energy, drive, enthusiasm, initiative, and commitment.• Outstanding multitasking abilities in a fast-paced, deadline-driven environment.• Bachelor degree in Business Administration, Commerce, Economics, Finance, Marketing, Management, Systems Engineering or related field. • An MBA or relevant post-graduate degree is preferred.
National Salary Band (Regardless if Location): $153,000-$229,000
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.
Mastercard Chicago, Illinois, USA Office
8755 W Higgins Rd, Chicago, IL, United States
Similar Jobs at Mastercard
Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
The Director will lead healthcare payment strategies, execute commercial opportunities, collaborate with various teams, and build partnerships within the healthcare ecosystem to drive revenue impact.
Top Skills:
FintechHealthcare TechnologyPayments
Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
Responsible for business development and account ownership in the Restaurant sector, driving growth through strategic sales and collaboration.
Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
The Sales Director will lead a sales team focusing on emerging verticals, driving growth, managing client relationships, and developing strategic solutions to exceed sales targets.
Top Skills:
AnalyticsData InsightsPayments ConsultingSales StrategiesSecurity Solutions
What you need to know about the Chicago Tech Scene
With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.
Key Facts About Chicago Tech
- Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
- Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
- Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
- Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

