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We got a new job details in Mastercard & they are Hiring Candidates for Director, Econometrician
Company Name : Mastercard
Company Location : New York, NY 10011
Job Position : Director, Econometrician
Job Category : Jobs in New York
Job Description :
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.
The Mastercard Economics Institute’s mission is to drive macroeconomic thought leadership for customers, partners and policy makers
The Economics Institute was launched in 2020 to analyze and forecast emerging trends using unique, high frequency and actionable economic measurement to drive smarter decisions and better outcomes for all stakeholders
The institute produces expert forecasting and bespoke analysis; vertical specific scenario assessment; global, regional, local economic views incorporating spend insights; unique economic measurements
The institute constitutes a team of economists and data scientists that utilize & synthesize assets both from within Mastercard and beyond to bring powerful insights to life
About the role
We are looking for an econometrician to join Mastercard’s Economics Institute’s data science and econometrics team. This individual will be critical to growing the institute’s ability to support and enhance revenue products like advisory services, disseminate content to our stakeholders, and create quality research reports. The team oversees a global computable general equilibrium model covering roughly 95% of global GDP and country-level consumption forecasts of nearly 100 countries at a sectoral level. We are looking for an individual who will:
Develop and improve models across the entire pipeline – from data ingestion to statistical modeling, including macro scenarios, and communicating the results to key stakeholders
Expand the model to increase the granularity and scope of variables in the forecast
Leverage Mastercard data to improve contemporaneous macro forecasting via nowcasting
Improve variable selection and reduction techniques to identify high quality predictive variables
Improve model estimation approaches and model back testing
Research and integrate econometric and statistical models as needed to create insights and compelling visualizations of macroeconomic trends to develop interactive dashboards/apps for client presentations
Participate in every stage of a project from briefing to ideation, to content development to draft/prototyping, testing, feedback collection and finalization
Creative & passionate about statistics/math, economics, data, technology, and its applications, with an entrepreneurial mindset open to new ideas
A good foundation in different modeling approaches and demonstrated success working with large CGE models; experience with GAMS would be a plus
A demonstrated interest in quantitative approaches and statistics with the ability to communicate economics in a non-technical manner
Expertise in economic forecasting using R, EViews or similar languages;
Interest/experience in some of the following: machine learning (supervised and unsupervised), nowcasting, NLP and DSGE.
Quantitative modeling experience 2-3 years, ideally healthcare/financial, academic or adjacent field
Good foundation in economics with an advanced degree in math/statistics/quantitative field
Strong collaborator and independent thinker
Previous client-facing experience, proficient in synthesizing data to create insights, great storyteller
Excellent at managing multiple projects and tight timelines with an ability to reprioritize as situation might require and staying calm under pressure
Evidence of creativity/innovation/unorthodox thinking in data driven economics
In many locations, we’ve implemented a virtual hiring process and continue to interview candidates by video or phone. In addition, in our NYC offices, as required by law, only individuals who have been fully vaccinated against COVID-19 will be permitted inside Mastercard offices unless a reasonable accommodation has been approved in advance.
In the US, 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 [email protected] 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.
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