Senior Data Scientist, Consumer Solutions - Optimi...

Senior Data Scientist, Consumer Solutions - Optimization & Economics, Pricing Who is Mastercard? 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 Optimization & Economics team is looking for a Sr. Data Scientist to help grow one of the 4 pillars of the team. The team’s mission is to make sure that as an organization, Mastercard optimizes and realizes the full potential of its solutions, including monetizing the value we deliver. You will be part of the global Consumer Solutions Organization focused on Mastercard’s consumer value proposition, future proofing Mastercard acceptance, and future proofing our business in general looking at new digital infrastructure and Fintechs. The Optimization & Economics team works alongside the product and infrastructure teams focused on building, differentiating, and deploying these Consumer solutions.

The role:
As Senior Data Scientist you will be responsible for supporting the Consumer Solutions - Optimization & Economics, Pricing team in assuring that pricing, interchange and service fees for global Consumer Solutions products are accurately modeled, developed and implemented in line with business needs, customer expectations and regulatory requirements. The position offers a unique possibility to develop a thorough understanding of the technical and operational processes behind card payments.

In this position you will help lead the economic strategies for Mastercard products and services. You will design, assess and implement initiatives to strengthen Mastercard’s’ competitive position on product and market level. By enhancing and shaping our economics you play an important role in the development and adoption of innovative payment solutions.

The candidate will be part of a dynamic team, at the heart of MasterCard business, working in close relationships with colleagues from all horizons: across geographies and functional areas, analyzing a fast-moving economic landscape and supporting the design of the appropriate economics.

Key accountabilities of the role.
The technical:

• Hold an understanding of hands-on business analysis, databases, modeling, end to end analytics solutions
• Gain knowledge on metrics, measurements, and benchmarking practices across the multiple networks and data sources within the organization.
• Gather data from across the organization for pricing model development and simulations; build models to forecast the impacts of new pricing models.
• Build and analyze datasets to identify trends in revenue and profitability, digging deep into insights on a per product, per region and market basis to aid in identifying opportunities for pricing enhancements
• Review analytics end-products to ensure accuracy, quality and timeliness
• Apply quality control, data validation, and cleansing processes to new and existing data sources
• Translate business requirements into tangible solution specifications and high quality, on time deliverables
• Generate key hypotheses and structure work at the stream or project level; synthesize analyses into clear and sound recommendations.
• Hold exceptional analytical and quantitative problem-solving skills and ability to structure analyses to form data-driven solutions to ambiguous project challenges.

The cooperative:

• Develop collaborative working relationships with global and regional teams and various internal stakeholders
• Proactively seek new knowledge and be able to structure project streams with minimal oversight
• In supporting the problem-solving process to drive high-value decisions, you will work closely with team members of various levels and contribute to the company's intellectual capital and solution development.
• Coordinate the pricing implementations with Regions, Global Product Owners, and GBSC Billing Services team to ensure that proposals are implemented accurately and timely.

Education

• Bachelor’s degree in Engineering, Physics, Mathematics, or Computer Sciences required.
• International programs or experience in international positions required.

Profile and key requirements

• 3 - 4 years’ experience with databases and tools: SQL, Hadoop, Alteryx, Tableau a plus
• Strong analytical skills with track record of translating data into compelling insights
• Modeling experience
• Ability to translate concepts into pragmatic approaches
• Good communication skills in all situations
• Proactivity, curiosity to learn and eagerness to crack complex topics.
• Out of the box thinking, creativity to identify new approaches.
• Reliability and accountability
• Ability to work independently and handling different projects at the same time
• Ability to identify process improvement & drive changes
• Written and oral fluency in English required, second language a plus
• Strong team player and a good sense of humor

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.
• Project Management: Clear interest in project delivery with business clients, and intuition for the way that companies make decisions. Ability to multi-task in a fast-paced, deadline-driven environment
• Communication and Presence: Excellent written and verbal communication skills, positioning Mastercard’s solutions as high value solutions. Ability to communicate complex ideas effectively – both verbally and in writing – in English and the local office language(s)
• Teamwork: Willingness to work within small teams to produce outstanding deliverables, with a will to win attitude. Demonstrated ability to build trust-based relationships with colleagues and customers
• 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 engagement or internal activity.
• Overall: Bring your Passion and Expertise.

• 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.