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Location
In office (Jakarta)
Seniority
Junior · 7+ years exp
Employment
Full-Time
Overview
Company
Impact
Profile match
Mastercard is an American payments technology company whose origins date to 1966, when a group of banks formed the Interbank Card Association to compete with BankAmericard. Like its main rival it does not issue cards or extend credit; it operates the network that authorises, clears and settles transactions between issuing banks, acquirers and merchants in more than two hundred countries. Headquartered in Purchase, New York, the company has built a large services business alongside the core network, covering fraud and identity products through its Ethoca and RiskRecon acquisitions, open banking, consulting and loyalty programmes.

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

Associate Managing Consultant, Advisors & Consulting Services, Strategy & TransformationAssociate Managing Consultant - Strategy & Transformation

Advisors & Consulting Services

Services within Mastercard is responsible for acquiring, engaging, and retaining customers by managing fraud and risk, enhancing cybersecurity, and improving the digital payments experience. We provide value-added services and leverage expertise, data-driven insights, and execution. Our Advisors & Consulting Services team combines traditional management consulting with Mastercard’s rich data assets, proprietary platforms, and technologies to provide clients with powerful strategic insights and recommendations. Our teams work with a diverse global customer base across industries, from banking and payments to retail and restaurants.

The Advisors & Consulting Services group has five specializations: Strategy & Transformation, Performance Analytics, Business Experimentation, Marketing, and Program Management. Our Strategy & Transformation consultants lead clients through impactful decision-making as they tackle strategic, tactical, operational, and transformational business challenges. They apply a broad set of problem-solving techniques to improve the client’s overall strategy, performance, and operations.

Positions for different specializations and levels are available in separate job postings. Please review our consulting specializations to learn more about all opportunities and apply for the position that is best suited to your background and experience: https://careers.mastercard.com/us/en/consulting-specializations-at-mastercard

Roles and Responsibilities

Client Impact

  • Stay abreast of best practices and market trends in financial services operational capabilities
  • Analyze and align between business objectives and operational capabilities (process, technology, business needs and risk management)
  • Analyze data, trends and processes to identify areas of improvements in financial services/ banks operational process, risk and technology capabilities for informed decision-making
  • Interpret business needs and convert them into functional requirements as well as business process improvement for implementation
  • Manage timeline, deliverable development and workstreams on projects across a range of financial services/ banks operational excellence initiatives and problem statements
  • Contribute to and/or develop operational capabilities design, business requirements and process re-engineering for large, regional, and global clients/ internal client by leveraging data and technology solutions to unlock client value
  • Manage working relationship with client managers, and act as trusted and reliable partner

Team Collaboration & Culture

  • Develop sound business recommendations and deliver effective client presentations
  • Plan, organize, and structure own work and that of junior project delivery consultants to identify effective analysis structures to address client problems, synthesize analyses into relevant findings, and create impactful storylines
  • Lead team and external meetings, and lead or co-lead project management
  • Contribute to the firm's intellectual capital and solution development
  • Grow from coaching to enable ownership of day-to-day project management across client projects, and mentor junior consultants

Qualifications

Basic qualifications

  • Undergraduate degree with work experience of 7 years and above in operational excellence consulting or business analyst in banks, and operational process re-engineering for financial services industry/ banks
  • Experience in financial services/ banks card operations - authorization, settlement, clearing and chargeback processes, technology requirements as well as capabilities
  • Experience managing clients and internal stakeholders
  • Logical, structured thinking, and affinity for numerical analysis
  • Advanced Word, Excel, and PowerPoint skills
  • Ability to perform multiple tasks with multiple clients in a fast-paced, deadline-driven environment, and prioritize activities/task to ensure timely delivery
  • Ability to communicate effectively in English and the local office language, with good presentation skills both in terms of presentation building and delivering presentations

Preferred qualifications

  • Relevant knowledge on local market operational requirements, such as cards domestic transaction processing,
  • Understanding of operation and operation risk requirements driven by government regulations will be a plus
  • Experience managing tasks or workstreams in a collaborative team environment with third parties
  • Experience coaching junior delivery consultants
  • Relevant industry expertise

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.

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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