Mastercard Australia
Program Management (Open Banking) Summer Internship (Dec 2024)
Sydney
Opportunity expired
Opportunity details
- Internship, Clerkship or Placement
- AUD 54000 / Year
- 1 vacancy
- Apply by 16 Aug 2024
- Start date 1 Dec 2024
Who is Mastercard?
We are the global technology company behind the world’s fastest payments processing network. We are a vehicle for commerce, a connection to financial systems for the previously excluded, a technology innovation lab, and the home of Priceless®. We ensure every employee has the opportunity to be a part of something bigger and to change lives. We believe as our company grows, so should you. We believe in connecting everyone to endless, priceless possibilities.
Program Management Intern - Open Banking
The digital acceleration has changed how people think about money and what they expect from financial services — from everyday transactions to digital interactions of all kinds. Open banking, which lets people and businesses safely share their data to access innovative experiences, is meeting these expectations, expanding payment choice, delivering secure and frictionless lending, and bringing the promise of the digital economy to more people.
Open Banking is key part of Mastercard's strategy to extend into new networks. The intern will get a strong foundational understanding of the Mastercard Open banking business in Australia. The internship will require deep engagement with the product and engineering teams to understand progress and how things work. Additionally, the Data Access team works directly with financial institutions to enable connectivity.
Program Components
As an intern, you will be challenged with completing projects that will enhance your skills as well as contribute to the department’s goals and objectives.
- Impactful assignments that drive business results
- Networking sessions and leadership speakers’ series
- Volunteer and team-building experiences Program Qualifications
- Evidence of strong academics
- Innovative thinking and thoughtful risk-taking
- Ability to partner across the organization
- Sound communication skills.
- Currently enrolled in a bachelor's program with an expected graduation date between June 2025 and December 2025.
- Able to commit to an internship period from 4 December 2024 to 31 January 2025 . (Note: designated start/end dates cannot be negotiated).
Join us and be a part of a leading payments and technology company that believes in endless, priceless possibilities for everyone!
Internship Period: 2 December 2024 to 31January 2025 (9 Weeks)
Visa Sponsorship: Mastercard Australia cannot sponsor intern and full-time employment visas, and only candidates who possess full legal working rights in Australia will be considered (PRs & Citizens of AUS/NZ only)
Hiring criteria
- No experience required
- Australian Citizen +more
- Business & Management +more
- Bachelor or higher
Reviews
I support both strategy and platform projects by taking meeting notes, helping plan workshops/interviews and create presentation packs.
Software engineer, I focus on executing and maintaining tests and testing environments
I work on different types of projects within my team, but also get the opportunity to organise and facilitate events to connect with our external partners and clients. I also do a lot of market research and analysis in my role, which is great as I get to utilize the skills I gained from my Masters degree.
About the employer
Mastercard Australia
4.4
1,000 - 50,000 employees
Technology
Mastercard is a global technology company in the payments industry
Pros and cons of working at Mastercard Australia
Pros
I love all the opportunities for growth and development within MC. From early on in the graduate program, I have had exposure to high impact projects and can see and feel the difference that I make at work each day. I also love that we have such a social graduate program, with events organised regularly and plenty of networking opportunities with people from across the business.
Opportunities to work at forefront of payments technology and solve interesting problems; collaborative and respective working environment and culture with a strong focus on work/life balance and employee wellbeing; calibre of talent.
Ability to work on highly important value-add projects, clients and initiatives Senior leadership engagement day-to-day and involvement in broader initiatives Flexibility to rotate into different roles and work across teams
Good Culture, lots of team social and bonding opportunities, good personalities on the team
The innovative, fast-paced environment that encourages cross-divisional work and constant learning.
Cons
It was a tough learning curve at the start. Having never worked in the payments space, there was a lot of jargon and business processes that I didn't understand.
Being a larger, publicly listed organisation - we can be bogged down by bureaucracy and processes which are apparent to me having come from a start-up space previously.
The Melbourne office is relatively small when compared to Sydney and others, allowing for less network-building/work social scene.
Subject to global policies that don't always suit or consider the local situation; compensation is less competitive
The average age tends to be a little high so it can make organizing things like after-work drinks etc. more difficult than other places I have worked.