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I am also interested in this. Have offer from Mastercard but designation I have doubts
The Designations can vary a lot by various verticals/BUs/geographies. Please clarify the vertical you're interested in or the designation you were offered or your background to give readers some context.
At level 7 you are a senior/Lead, can be expected to lead a small team of 2-3 juniors, but its flexible enough for people who want to work as Individual contributors as well. The next level to this is Level 6. it is a Project/People Manager role which may require you to manage multiple projects of varying complexity or a larger team of 7-15 people or both. I don't know your 11 years work-exp in detail, so can't comment if its appropriate for you just by the number. But hope this gives you some perspective to decide for your self..