Associate Consultant, Advisors, Mastercard Launch 2023 Job at Mastercard
Our Purpose
We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a
culture of inclusion
for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.
Job Title
Associate Consultant, Advisors, Mastercard Launch 2023
PLEASE SUBMIT A COVER LETTER as page two of your resume to ensure consideration. Parameters for the cover letter can be found in the "Qualifications" section.
The Data & Services team is a key differentiator for Mastercard, providing cutting-edge services that help our clients grow. Focused on thinking big and scaling fast around the globe, this agile team is responsible for end-to-end solutions for a diverse global client base. We combine traditional management consulting with our rich data assets and in-house technology to provide our clients with powerful strategic insights and recommendations.
Make an Impact as an Associate Consultant
As an Associate Consultant, you will collaborate with exceptional colleagues to help some of the world's biggest brands answer their most challenging strategic questions. Working with technology and data, you will gain broad exposure to a range of industries, including financial services, retail, restaurants, hospitality and more.
As an Associate Consultant, you will:
- Work on small teams to solve our clients' most challenging strategic problems
- Build strong relationships with clients from big-box retailers to international banks to understand their business needs, find strategic solutions and guide impactful decisions from day one
- Grow your career by receiving hands-on mentorship from an experienced management team
- Have an immediate opportunity for meaningful contributions, increased responsibility, leadership roles, and professional advancement
- Collaborate with colleagues across different areas of the organization and quickly gain exposure to business development, account management, and product management
- Receive extensive training focusing on helping you build your core consulting skill set
We are looking for passionate and talented professionals, who share our vision for helping our clients with their most urgent business needs, and we are recruiting for 3 career tracks that make up our team:
1. Business Experimentation:
BE combines key elements of the other tracks, using advanced analytical techniques to inform executive-level strategic decisions with Fortune 1000 clients. Consultants work directly with senior-level client partners to advise on business decisions by measuring in-market experiments using an industry-leading data science SaaS platform, Test & Learn®. Consultants work with clients across a range of industries to identify their key priorities, then design and run business experiments to establish which ideas work, where, when, and how to deploy them. This analytical partnership leads to a strong understanding of the full range of business challenges, from new product launches, marketing, loyalty, and pricing, to operations and strategy.
Sampling of questions we help our clients answer:
- Where should a retailer open new stores to maximize profitability and minimize the cannibalization of nearby omnichannel sales?
- What bonus should be provided to someone opening a credit card account to entice them to use the card regularly?
Team members will typically support 2-4 clients concurrently, and develop a deep understanding of client business challenges through longer term engagements.
2. Strategy & Transformation:
- Lead clients through sound decision making as they tackle strategic, tactical, operational, and transformational challenges, spanning across diverse topics including product, marketing, loyalty, innovation, and more. Apply a broad set of problem-solving techniques to improve overall performance and operations.
Sampling of questions we help our customers answer:
- How can a global financial services institution be successful at entering a hyper competitive new market?
- How can a customer improve its operating model to better achieve operational, financial and strategic goals?
Team members typically support 2-4 projects concurrently, with each project lasting for approximately 3-6 months.
3. Performance Analytics:
Translate data into insights leveraging Mastercard and customer data. Get hands-on to design, implement & scale analytical solutions for customers across industries. Apply qualitative and quantitative analytical techniques using our enterprise applications (e.g., Hadoop, Spark, Kafka, NiFi, Python, Impala, and more) to synthesize analyses into clear recommendations and impactful narratives.
Sampling of questions we help our customers answer:
- How does a financial institution's fraud/authorization metrics fare against competitors, and what are strategies that can help it be best-in-class?
- How is a technology customer’s market share changing over time, and are there any segments where the client is relatively under penetrated?
Team members support several customers concurrently, and produce analyses at set cadences (i.e., weekly / monthly / quarterly reports)
Bring your Passion and Expertise
We recruit for and value the following core competencies:
Passion: Actively seeks responsibility and takes pride in delivering the highest quality results and recommendations to our clients.
Analytic Excellence: Demonstrates a strong aptitude for structured problem solving and quantitative skills.
Business Interest: Clear interest in the world of business, and intuition for the way that companies make decisions.
Rapid Growth: Eagerness to learn quickly, both through Mastercard's structured training curriculum and organic development opportunities.
Teamwork: Willingness to work within small teams to produce outstanding deliverables, with a will to win attitude.
Integrity: Commitment to Mastercard's values of honesty and integrity with a willingness to embrace and learn from our mistakes.
Diverse Perspective: Brings a unique skillset or approach to the table in every client engagement or internal activity.
Communication: Excellent written and verbal communication skills, with demonstrated leadership abilities.
Qualifications:
Undergraduate or master’s degree with a target graduation date between Dec 2022 - August 2023
Outstanding record of academic achievement
Proven record of leadership in a work setting and/or through extracurricular activities
Exceptional analytical and quantitative problem-solving skills
Experience using data analysis or querying tools (e.g., SQL, SAS, Excel or Tableau) is an asset (particularly for Performance Analytics or Business Experimentation tracks).
Ability to communicate complex ideas effectively – both verbally and in writing – in English and the local office language(s)
Candidates must be a U.S Citizen, U.S. Permanent Resident, or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future
In your cover letter, please indicate your first and second track preference. This information will be leveraged to best match applicants with their desired tracks.
Track placement will indicate the types of projects where you will spend the majority of your time, however, we encourage and enable working across tracks to allow team members to acquire a diverse set of skills and experiences. In the US, Mastercard is an inclusive Equal Employment 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. If you require accommodations or assistance to complete the online application 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 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:
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.
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