McKinsey & Company Hiring for Research Science Analyst – Global Payments Map Job at Gurgaon Full Time

You will be based in Gurugram, working as a part of an international Global Payments Map (GPM) solution team (other team members located currently in Atlanta, Gurugram, Toronto, and Warsaw).

GPM is a proprietary payments market intelligence solution used at hundreds of McKinsey engagements each year (in payments, banking, consumer, private equity, and other industries) as well as by many direct subscribers (incl. fintechs, technology companies, payments specialists, and banks). It offers detailed payments market-sizing estimates and forecasts as well as bespoke payments market research and benchmarking. GPM enables our clients to identify growth opportunities, supports their strategic planning & budgeting processes, and allows to measure performance of their payment businesses against market trajectory.

You will interact on daily basis with other McKinsey colleagues (e.g., team members and leaders of McKinsey integrative consulting engagements, knowledge consultants, researchers from geographies covered by GPM solution, colleagues from other McKinsey solution teams) and clients (served by McKinsey in a consulting engagement setup or direct subscribers to GPM solution). Additionally, you will interact frequently with leading McKinsey thinkers on payments, leaders of McKinsey Payments and Banking practice, and other colleagues throughout the firm.

Your role will be global in nature, so these interactions may involve occasional travel. Please see our websitefor more information.

You will maintain, develop and deliver to clients the Global Payments Map (GPM) – one of the key knowledge assets of McKinsey Payments and Banking practice.

You will split your time between updating and validating Global Payments Map knowledge assets, and delivering GPM insights to McKinsey clients (e.g., sharing and explaining GPM market-sizing estimates and forecasts, providing counsel to integrative consultants on approaches to solve client problems, responding to questions on payments market trends, joining McKinsey consulting engagements to deliver project workstreams).

You will develop new GPM modules to capture emerging payments market trends and innovations, expand GPM coverage to new geographies, and improve delivery of GPM insights to McKinsey teams and clients. In addition, you will support the development of McKinsey internal and external publications on payments (e.g., our annual Global Payments Report).

• Master’s degree in economics, finance or a related field
• 1+ years of relevant experience in fintech, payments player, banking sector, investment firm, market research unit, management consulting, and/or a related area
• Experience in developing financial models and/or market models a major plus
• Excellent problem-solving skills, including: intellectual curiosity and the ability to structure problems in qualitative and quantitative terms, the ability to identify key underlying drivers of the problem, ability to scrutinize data sources and to challenge own assumptions about the problem,
• Highly analytical: dedication to data accuracy, outstanding attention to details, comfort with ambiguity and insufficient information
• Strong communication skills, including: the ability to synthesize information from diverse sources, explain complex analytical relationships in simple terms, and present findings in a clear and concise top-down manner
• Proficiency in MS Excel and good knowledge MS PowerPoint; knowledge of other analytical and visualization tools and/or programming languages applied to analytics (e.g., Alteryx, data.world, Domo, Tableau, Python) is a plus
• Pro-activeness and taking ownership of the problem to be solved
• Ability to work collaboratively in a global team setting
• Entrepreneurial mindset, excitement to work in a dynamic and results-oriented environment, coupled with the ability to work efficiently under time pressure
• Strong understanding of economics, finance, and business
• Excellent written and verbal communication skills in English