MasterCard Hiring For Monitoring and Underwriting Analyst-1 at Pune, Maharashtra Full Time

The primary responsibility of the Analyst is to provide support to the risk managers and senior management to help manage Mastercard’s Customer Risk Management function globally by monitoring volumes 24/7. The role also involves partnering with our Corporate Treasury central team and Settlement Operations teams to assist with any CRM data validation or CRM system testing related to CEM (Customer Exposure Management) improvements as well as preparing commercial underwriting documentation before handing it over to senior analysts for completion.

Mastercard has approximately $48B in credit exposure to financial institutions and other counterparties worldwide, placing the CRM role as a key part of its evolving and quickly growing business model. The magnitude and strategic nature of this exposure necessitates periodic engagement with senior management, Mastercard’s sales, franchise, and product organizations as well as our customers (issuers, acquirers, etc.). This provides great opportunities to learn and grow your career within Mastercard.

Role

The primary responsibility is to support the CRM team to ensure customer risk is appropriately monitored in accordance with Mastercard’s policies & procedures and risk appetite framework. This includes, but is not limited to:

• Daily read of Factiva/CreditEdge customer related news and regulatory website to scan for customer’s financial distress
• Monitor 24/7 global customer exposures and, based on volume trends and news/regulatory websites, immediately inform risk managers in case of urgencies (bankruptcies, insolvencies, administration etc)
• Follow up with customers and account managers on open settlement positions of customers for small settlement failures, coordinating with Account Managers and Settlement operations, to determine if genuine or if it is a reconciliation issue
• Participate in decision process, including emergency procedures as directed by the Risk Managers
• First assembling of Commercial Underwriting for senior risk analysts, including data points such as volume/exposure trends, recommended CEM thresholds limits and settlement analysis
• CEM (Customer Exposure Monitoring) System testing
• Ad hoc reporting on customer volume, exposure and CEM declines trends
• Report and coordinate with the appropriate teams in case of CEM inaccuracies or process failures
• Maintain Customer Exposure Monitoring Manual
• Participate in various process improvement initiatives and best practices sharing;
• Access/check balances on customer bank account subject to security agreements, as applies

The role will require a good understanding of Mastercard’s business model, systems and tools and usage of various data sources relevant for the customer risk management function. The 24/7 shifts are divided in 3 shifts of 8 hours each. The working week is Tuesday to Saturday. The working hours are 3:30 AM – 11:30 AM and can be slightly changed in the future.

All About You

Must have:

• Graduate (in business, economic, econometric or equivalent) with at least 3 years of experience in credit risk assessment and financial statements analysis AND;
• Accuracy, self-drive, accountability and sense of urgency
• Work experience in an international environment is preferred;
• Outstanding written and verbal English communication skills;
• Advanced Excel, Word and PowerPoint user;
• Experience in / knowledge of the banking sector are a strong plus;
• Experience with BI tools such as Business Object a plus;
• Positive attitude, strong work-ethic and good sense of humor

The following All About Us paragraph will appear at the top of each Job Posting for MasterCard.

All About Us

MasterCard is a technology company in the global payments business. We connect consumers, financial institutions, merchants, governments and businesses worldwide and enable them to use secure and convenient electronic forms of payment.

Join the industry’s most passionate, motivated & engaged global team – Our employees are encouraged to drive innovation every day in support of a more connected world – A World Beyond Cash.

COVID-19 Considerations

We value the safety of each member of our community because we know we’re all in this together. In many locations, which may change over time, we’ve implemented a virtual hiring process and continue to interview candidates by video or phone. In addition, in some locations, only individuals who have been fully vaccinated will be permitted inside Mastercard offices until further notice.

About Mastercard

Mastercard is an inclusive Equal Employment Opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.

If you require accommodations or assistance to complete the online application process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

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.