Job Information
Mastercard Economics Analyst-3 in Gurugram, India
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 (https://www.mastercard.us/en-us/vision/who-we-are/diversity-inclusion.html) 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.
Title and Summary
Economics Analyst-3
Overview:
MasterCard Advisors is helping to shape the future of data insights by leveraging billions of anonymised, aggregated transactions in a 10 petabyte date warehouse to help financial institutions, merchants, media, and governments manage their businesses more effectively.
Advanced Analytics is charged with servicing clients by centralizing and optimizing the world class analytical, modelling, software coding, data sourcing, product development, product management, econometrics, and associated delivery capabilities of the MasterCard Advisors organization.
Use broad Banking, Retail, Travel, Technology, Digital, media, and/or payments industry experience and deep knowledge of the application of big data quantitative analytics to provide hands-on support for information product development and custom analytical project delivery that satisfies and retains a global client base.
The Mastercard Economics Institute’s mission is to drive macroeconomic thought leadership in support of Mastercard’s efforts to build a more inclusive and sustainable digital economy.
• The Economics Institute was launched in 2020 to analyze macroeconomic trends through the lens of the consumer to deliver tailored and actionable insights on economic issues for key customers, partners and policymakers.
• In addition to global and regional macro-economic trends, the institute also produces thematic research covering consumer spending, risk, small business, policy, digital and travel.
• The institute constitutes a team of economists and data scientists that utilize & synthesize data sets both from within Mastercard and beyond to bring powerful insights to life
• The institute delivers tailored 1:1 presentations, participates in key industry forums, and contributes to global thought leadership via thematic papers, organizing events and participating in media
Role
• Manage stakeholders and project engagements for the Economics Institute.
• Identify creative and useful additional analyses required and suggest new paradigms for recommendations.
• Handle and analyze large and complex datasets, including big data and macro-economic data, to extract valuable insights.
• Independently identify trends, patterns, issues, and anomalies in the defined area of analysis, and structure and synthesize your analysis to highlight relevant findings.
• Synthesize analyses into clear, sound recommendations; take responsibility for structuring and writing reports and client-ready presentations at a workstream or project level.
• Actively participate in new solution development and support thought leadership activities, ensuring knowledge, know-how, and best practices are shared and leveraged internally to continuously improve quality and productivity.
• Collect and synthesize feedback from clients, enhance existing products, and partner with domains for new solutions. Provide functional and technical requirements for the development of new products and solutions.
All About you
• Graduate degree with experience in data analytics, particularly in business intelligence, predictive or prescriptive analytics.
• A Master's degree in Statistics, Economics, or Mathematics is a plus.
• Minimum of 3 years of experience analyzing large datasets and synthesizing key findings.
• Proficiency in SQL and utilizing the Hadoop framework using Impala, Hive, or PySpark is essential.
• Expertise in R, Python, or other major statistical packages is a must.
• Extensive experience using data visualization tools like Tableau or Power BI.
• A strong understanding of Statistics and Econometric concepts, including time series modelling and forecasting techniques.
• Willingness to learn additional statistical applications or visualization tool using HTML as required.
• Experience in the financial services industry is a plus.
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.