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
Economics Analyst, Small and Medium EnterprisesOverview
• The Mastercard Economics Institute (MEI) is an economics lab powering scale at Mastercard by owning economic thought leadership in support of Mastercard’s efforts to build a more inclusive and sustainable digital economy
• The Economics Institute was launched in 2020 to analyze economic trends through the lens of the consumer to deliver tailored and actionable insights on economic issues for customers, partners and policymakers
• The Institute is composed of a team of economists and data scientists that utilize & synthesize the anonymized and aggregated data from the Mastercard network together with public data to bring powerful insights to life, in the form of 1:1 presentations, global thought leadership, media participation, and commercial work through the company’s product suites
About the Role
We are looking for an economic analyst to conduct research into the health and wellness of Small and Medium Enterprises (SMEs) across the globe, developing proprietary measures of the vitality of this sector, and identifying important preconditions and leading indicators for SME success. This individual will report to the Lead of Strategic Partnerships at MEI, and will have the following responsibilities:
• Support client and stakeholder engagements for the Economics Institute, specifically focusing on Small and Medium Enterprises (SMEs) economic research.
• Support collaboration with external clients, academic institutions, and industry partners.
• Develop and test hypotheses at the intersection of economics and the SME community. Assist in structuring work at the stream or small project level.
• Identify creative analyses and develop proprietary diagnostic indices about SMEs in aggregate.
• Generate initial insights to help create effective, impactful, and quality-assured storylines and visuals at the stream or small project level.
• Synthesize analyses into clear, sound recommendations. Outline and help write reports and draft client presentations at the work stream or project level.
• Enhance existing products and partner with internal stakeholders to create new solutions.
• Proactively seek new knowledge and structure project work to facilitate the capture of intellectual capital with minimal oversight, specifically in the context of economic research about SMEs.
• Actively participate in new solution development and support thought leadership activities by building knowledge, know-how, and best practices related to SME economic research; share and leverage to continuously improve quality and productivity.
All About You
• Required: Bachelor's degree in Economics (preferred), Statistics, or Mathematics.
• Experience in statistical modeling, quantitative analysis, data engineering, R development, with a focus on SMEs and economic research.
• Understanding of Statistics and Econometric concepts, modeling and forecasting techniques, particularly in relation to SMEs.
• Proficiency in SQL and Hadoop is essential.
• Expertise in R, Python, or other major statistical packages is essential.
• Experience using data visualization tools like Tableau.
• Knowledge of JavaScript for visualization is a plus.
• Proficient in key econometric and statistical techniques such as predictive modeling, logistic regression, survival analysis, time series modeling, design of experiments, decision trees, and data mining methods.
• Willingness to learn additional statistical applications or software as required.
• Experience in the financial services industry is desirable.
• Excellent communication and strong writing skills required.
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.
