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Associate Consultant Intern

2 weeks ago

Johannesburg, South Africa Mastercard Full time

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.

Job Title

Associate Consultant Intern

The Data & Services team is a key differentiator for Mastercard, providing the cutting-edge services that help our customers grow. Focused on thinking big and scaling fast around the globe, this agile team is responsible for end-to-end solutions for a diverse global customer base. We combine traditional management consulting with our rich data assets and in-house technology to provide our clients with powerful strategic insights and recommendations. Centered on data-driven technologies and innovation, these services include consulting, loyalty and marketing programs, test-and-learn business experimentation, and data-driven information and risk management services. While specializing in the payments industry, Mastercard Data & Services also works closely with major retailers, airlines, and other enterprises, leveraging data and insights garnered from within and beyond its network. We are looking for passionate and talented graduates, who share our vision for data-driven consulting, to join us and take a leading role in shaping the growth of our team.

Make an Impact as an Associate Consultant Intern

As an Associate Consultant Intern, you will collaborate with exceptional colleagues to help some of the world's biggest brands answer their most challenging strategic questions. Working with technology and data, you will gain broad exposure to a range of industries, including financial services, retail, restaurants, hospitality and more. While working in close-knit teams, you will partner closely with senior stakeholders and be given real responsibility to make an impact for your clients from day one. In this setting, you will learn quickly and gain exposure to diverse business issues, gaining the experience required to lead key client engagements. Early in your career, you will have the opportunity to build a broader set of skills and master a wider array of content, before you ‘major’ in any one product.

This will inject more flexibility into your career path and at the same time make for a more engaging journey.

As an Associate Consultant Intern, you will:

- Work on small teams to solve our clients' most challenging strategic problems through data-driven solutions.
- Collaborate with motivated peers who are passionate about what they do.
- Build strong relationships with clients to understand their business needs, find strategic solutions and guide impactful decisions.
- Grow your career by receiving hands-on mentorship from an experienced management team.
- Have an immediate opportunity for meaningful contributions, increased responsibility, leadership roles, and professional advancement.
- Collaborate with colleagues across different areas of the organization and quickly gain exposure to business development, account management,
- and product management.
- Receive extensive training focusing on helping you build your core consulting skill set.

We are looking for passionate and talented professionals, who share our vision for helping our customers with their most urgent business needs, and we are recruiting for 3 career tracks that make up our team:
Strategy & Transformation

Sampling of questions we help our customers answer:
How can a global financial services institution be successful at entering a hyper competitive new market?

How can a customer improve its operating model to better achieve operational, financial and strategic goals?

Business Experimentation

Sampling of questions we help our customers answer:
Where should a retailer open new stores to maximize profitability and minimize the cannibalization of nearby omnichannel sales?

What bonus should be provided to someone opening a credit card account to entice them to use the card regularly?

Marketing:
Develop strategies and lead implementation of marketing campaigns and engagements; evaluate results to drive performance on behalf of Mastercard’s clients. Provide deep direct marketing expertise across channels, leveraging customer, behavioral and transactional data and defining tangible results to both the client and Mastercard.

Sampling of questions we help our clients answer:
How does a fintech client optimize new customer acquisition and existing customers’ life cycle