Description
Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
Manager, Strategy Pricing & Interchange Manager – Strategy Pricing & Interchange, South AsiaOverview:
Mastercard is a global technology company in the payments industry. Our mission is 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. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
The Strategy Pricing & Interchange function manages all aspects of customer economics using pricing and interchange, a strategically important aspect of our business.
Role:
• This role supports the ‘Customer Economics' function for South Asia Market.
• Customer Economics responsibilities would entail an understanding of Payments business and associated revenues for various stakeholders, understanding of payment transaction flows, ability to build financial models, competence in data analysis to gather useful insights, understanding of regulatory guidelines, among others. The role is expected to support the business driving growth for Mastercard by developing a balanced framework of Customer Economics factoring in local market realities.
• The role is expected to interface with multiple stakeholders both internally and with an assigned customer set.
• A candidate high on energy with solid analytical skills, comfort with data/numbers, deep sense of accountability and ownership, strong execution focus, and a collaborative mindset, would be most likely to succeed in the role.
• This is an individual contributor role reporting to the VP, Strategy & Business Management or their delegate.
Role/Responsibilities
• Support development and execute a sound strategy to maintain a balanced Customer Economics framework for customers of Mastercard in South Asia by necessary interventions in Pricing and Interchange
• Use necessary tools and knowledge to achieve this objective, such as financial modelling, data analysis, competition benchmarking, regulatory scan, etc.
• Work with MasterCard regional and global cross functional teams, as well as local Sales and Business Development teams, to understand business priorities and execute accordingly
All about You:
• Past experience in Pricing/Business Analytics/Forecasting & Reporting would be desirable
• Candidates having experience in Payments or Banking would be preferred
• Candidate must be able to integrate knowledge across disciplines, including sales, product, marketing, operations, finance and risk.
• Self-driven, organized and pro-active with strong influencing and negotiation skills
• Able to multi-task and work well in a small team leveraging colleagues' skills
• Commercially focused with good analytical skills
• Strong verbal and written communication skills
• High proficiency in using analytical tools and applications, including MS Excel & MS PowerPoint
• Collaborative and consultative approach; ability to partner well with regional and global teams
• Post Graduate preferred.
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.
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