Mastercard Hiring Associate Analyst - Settlement Ops (Pune)

Overview

Mastercard is a global technology company in the payments industry. Its mission is to connect and power an inclusive digital economy that benefits people and businesses everywhere by making transactions safe, simple, and accessible. Through secure networks, partnerships, and innovative solutions, Mastercard helps individuals, financial institutions, governments, and organizations reach their potential.

The Treasury function at Mastercard is responsible for protecting and optimizing the company’s financial resources worldwide. Within Treasury, the Global Settlement Services team manages the movement of funds related to Mastercard transactions, maintains relationships with settlement banking partners, works with regulatory bodies, and ensures operational efficiency across settlement activities.

The team processes approximately $25 billion in daily activity across more than 80 currencies and operates with continuous support from teams in India, Poland, and the United States. This Associate Analyst role supports settlement operations primarily for Asia Pacific markets.

Role Summary

The Associate Analyst, Settlement Operations is responsible for executing daily settlement activities for segments of the Asia Pacific region and other markets within the APAC time zone. The role includes operational support for treasury settlement and reconciliation processes, ensuring receivables and payables are processed accurately and transactions are recorded properly in financial systems.

Responsibilities

• Execute daily settlement operations and ensure payments are processed accurately and on time.
• Carry out daily, weekly, and monthly treasury, settlement, and reconciliation activities assigned by the manager.
• Support weekend settlement activities based on a rotational roster as part of the global Settlement Operations team.
• Assist in resolving operational issues in accordance with service level agreements or business guidelines and escalate when necessary.
• Participate in cross training activities related to treasury, settlement, and reconciliation to support business continuity.
• Support onboarding of new customers and operational processes within the team when required.
• Contribute to process improvement initiatives aimed at increasing operational efficiency.

This role operates in early morning India hours to support settlement operations across Far East Asia markets including Australia, New Zealand, and Japan. Flexibility to work shifts aligned with these markets is required.

Corporate Security Responsibility

Employees who access Mastercard systems, assets, or networks must follow corporate security policies and maintain the confidentiality and integrity of company information.

• Follow Mastercard security policies and operational practices.
• Protect the confidentiality and integrity of information accessed.
• Report any suspected security breaches or violations.
• Complete all required periodic security training in accordance with company guidelines.