Description
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
Senior Specialist, Pricing and Interchange Job Summary:As a Senior Specialist, Pricing and Interchange, you will offer on the incumbent an opportunity to manage Customer Economics using Pricing and Interchange, a strategically important aspect of our business.
This role focuses on the implementation of interchange changes, supporting business decisions through financial modeling, and bridging technical and business teams.
Key Responsibilities:
• Contribute to the development and execution of strategies aimed at maintaining a balanced Customer Economics framework, with a focus on necessary interventions in Pricing and Interchange.
• Assist in the implementation of domestic and cross-border pricing and interchange initiatives, coordinating the process from planning through execution while ensuring alignment with business needs and regulatory requirements.
• Collaborate closely with global and regional teams to support the smooth execution of Pricing and Interchange initiatives.
• Perform financial modeling and data analysis to provide insights that optimize pricing and interchange structures and support business growth.
• Help coordinate announcement releases and updates, ensuring accurate documentation, including bulletins and manuals, and addressing inquiries from stakeholders.
• Manage of internal and external interchange-related questions, analysis, reporting, documentation, and training sessions.
• Get involved in ad-hoc analysis and projects.
Candidate Requirements:
• Experience in Pricing/Business Analytics/Forecasting & Reporting would be desirable.
• Candidates having experience in Payments or Banking would be preferred.
• Experience with financial modeling, data analysis, and the ability to translate complex data into actionable insights.
• Strong project management and organizational skills, with experience managing cross-functional teams and delivering results within a matrix structure.
• High proficiency with MS Excel and other data analysis tools.
Skills & Education:
• Self-driven, organized and pro-active with strong influencing and negotiation skills.
• Post-graduate qualifications such as MBA or CA/ICWA are preferred.
• Excellent written and verbal communication skills in English.
• Strong analytical, negotiation, and problem-solving skills.
• High proficiency in using analytical tools and applications, including MS Excel & MS PowerPoint
• Ability to work in a collaborative, cross-functional environment, and manage multiple tasks effectively.
• Ability to prioritize tasks with a customer-oriented mindset i.e. manage expectations of our internal and external customers accountability and sense of urgency.
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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