Associate Consultant, Business Experimentation
2 days ago
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.
Title and Summary
Associate Consultant, Business Experimentation
The Data & Services team is a key differentiator for Mastercard, providing cutting-edge services that help our customers 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 customer 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 to understand their business needs, find strategic solutions and guide impactful decisions - 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 customers with their most urgent business needs, and we are recruiting for 3 career tracks that make up our team:
- Sampling of questions we help our customers answer: o Where should a retailer open new stores to maximize profitability and minimize the cannibalization of nearby omnichannel sales? o What bonus should be provided to someone opening a credit card account to entice them to use the card regularly?
2) Marketing Services - Develop strategies and lead implementation of marketing campaigns and engagements; evaluate results to drive performance on behalf of Mastercard’s clients. Provide deep direct marketing expertise across channels, leveraging customer, behavioral and transactional data and defining tangible results to both the client and Mastercard.
- Sampling of questions we help our clients answer:
- How does a fintech client optimize new customer acquisition and existing customers’ life cycle value through effective targeting and communications? o How does a retail client drive foot traffic into store post-covid and/or optimize their ecommerce website to increase basket-size and average spend per customer? o How can a large financial institution best execute on a portfolio conversion - for example, after purchasing another issuer’s portfolio - including components like internal and external communications, market launch, and more?
Team members typically support projects from any domain and build fundamental marketing and consulting toolkit.
4) Performance Analytics:
Sampling of questions we help our clients 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 client’s market share changing over time, and are there any segments where the client is relatively under penetrated?
Team members support several clients 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 cur
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