Description
Mastercard is seeking a strategic Vice President, Executive Compensation to lead the global design, governance, administration, and evolution of executive compensation programs.
This role will develop strategies that attract, retain, and motivate senior leaders while aligning with business objectives, shareholder interests, regulatory requirements, and Mastercard's pay-for-performance philosophy.
The VP will advise executive leadership, Human Resources, Legal, Finance, and the Compensation Committee on base salary, annual and long-term incentives, executive benefits, governance, disclosure, and market practices.
Key Responsibilities
- Executive Compensation Strategy: Develop and execute Mastercard's executive compensation strategy in alignment with business and talent priorities. Design and recommend programs for senior leaders that reinforce performance, accountability, and shareholder value.
- Board and Compensation Committee Support: Serve as an executive compensation advisor to the Compensation Committee. Develop and present board-ready analyses and recommendations for executive and director compensation decisions.
- Incentive and Equity Programs: Lead the design and administration of annual and long-term incentive plans. Partner with Finance and business leaders to establish performance measures and payout frameworks aligned with organizational goals.
- Governance, Compliance, and Disclosure: Ensure compliance with SEC, stock exchange, tax, and other compensation-related requirements. Lead executive compensation disclosures, including the proxy statement CD&A, compensation tables, and shareholder communications.
- Executive Advisory and Stakeholder Partnership: Advise senior executives and HR leaders on compensation, executive offers, retention actions, leadership transitions, and succession planning.
- Analytics and Market Intelligence: Lead executive compensation benchmarking using survey data, proxy disclosures, and market intelligence. Model executive pay, incentive outcomes, and equity grants to inform decisions.
- Team Leadership: Continuously improve executive compensation processes, systems, analytics, and governance. Manage one executive compensation team member and foster a collaborative, inclusive, high-performing culture.
Qualifications
- 12+ years of progressive compensation experience, including significant executive compensation expertise.
- Experience supporting a Compensation Committee and board governance processes at a publicly traded company.
- Expertise in executive pay design, equity and incentive plans, governance, and proxy disclosure.
- Demonstrated success advising senior executives and HR leaders and managing external consultants.
- Experience in a large, multinational, matrixed organization.
- Experience in financial services, technology, payments, consulting, or another globally regulated industry preferred.
Knowledge, Skills & Competencies
- Strong knowledge of SEC disclosure requirements, shareholder perspectives, and evolving governance trends.
- Exceptional analytical and financial modeling skills.
- Ability to translate complex compensation topics into clear executive recommendations.
- Excellent executive communication, presentation, influencing, and stakeholder management skills.
- Sound judgment, integrity, and discretion in handling confidential information.
- Proven leadership and team-development capability.
Education
- Bachelor’s degree in Human Resources, Finance, Business, Accounting, or a related field required.
- MBA, relevant master's degree, or Certified Compensation Professional designation preferred.
Benefits
- Insurance (including medical, prescription drug, dental, vision, disability, life insurance)
- Flexible spending account and health savings account
- Paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave)
- 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire
- 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