Description
Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
Regulatory Counsel Who is Mastercard?Mastercard is a global technology company in the payments industry. Our mission is 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. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
Overview
Mastercard's Global Regulatory Team is looking for a Counsel to play an important role in its Regulatory team and function in Australasia. This role will involve work covering the Australasia region including providing regulatory advice and support for various business units and functions and compliance with applicable regulations. This role will report to the Senior Managing Counsel, Regulatory, Asia-Pacific.
The role includes focus on analysis of regulations that apply or could apply to Mastercard's business, delivering regulatory advice, providing support for regulatory compliance projects and supporting regulatory requests or engagements with the relevant regulatory authorities. Key to the role would be the ability to interpret the regulatory landscape and support regulatory compliance implementation as it pertains to Mastercard, communicate the requirements to management, business and functional stakeholders, and guide the organisation forward on compliance obligations and requirements.
Essential responsibilities in this role include:
• Building and maintaining a strong working knowledge of laws and regulatory themes that apply or could apply to Mastercard's business or products in Australasia including but not limited to laws and regulatory themes relating to payments, technology, operational resilience and risk, cybersecurity, digital assets, money transfers, buy now pay later, banking/ financial services, data sovereignty.
• Undertaking detailed analysis of laws and regulations that apply or could apply to Mastercard's business or products in Australasia. Monitoring regulatory changes using Mastercard's updating and AI tools, while coordinating with internal stakeholders to assess the impact and support compliance implementation.
• Providing, drafting and delivering incisive regulatory advice, business-friendly explanations and to management, business teams, functional groups (e.g. Technology, Corporate Security, Risk) as a partner and working in collaboration with government affairs, policy, legal, compliance, risk and other stakeholder teams to navigate the increasingly complex regulatory context to Mastercard's business.
• Supporting with process driven and regulatory compliance related matters such as incident reporting.
• Managing outside counsel on relevant regulatory matters.
• Leading relevant cross-functional initiatives on behalf of Regulatory as required.
• Being a contributor to the broader activity of the Regulatory Team under the supervision and direction of the Senior Managing Counsel, Regulatory, Asia/Pacific.
• Working as part of a wider team under the leadership of Mastercard's General Counsel, Asia Pacific and Global leadership of Mastercard's Regulatory group.
All About You
• At least 7 years' prior qualified experience within the financial services industry. Experience of regulatory affairs in a financial services organization in Australia is important.
• Graduate of an established and reputable university with a law degree.
• Track record of success in legal practice in fields drawn from regulation, banking, finance at an international law firm, Central Bank and/or regulator.
• Experience of regional organizations and a track record that includes operating effectively within a diverse multicultural organization with the highest standards of personal integrity.
• Excellent written and oral communication skills in English.
• Must demonstrate a proactive, time sensitive, results driven approach in carrying out all responsibilities.
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.
Apply on company website
Find Connections via Linkedin
