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
Senior 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 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 Real Time Payments (RTP) Team is looking for a Senior Counsel to join an established team supporting the RTP International business.
The RTP business is responsible for designing, building and operating industry-leading bank account-based payment systems. Our technology powers the account-to-account payment solutions which underpin many economies, including in the U.S., Thailand, Singapore, Philippines, Saudi Arabia, Canada, Peru, Sweden, Norway, Denmark and the United Kingdom.
We are looking for a candidate who will be passionate about the payments business, highly motivated, intellectually curious, analytical, and possesses an entrepreneurial mindset.
Key Aspects of the Role
• Anticipating the evolution of the applicable regulatory frameworks relevant to the RTP International business and monitoring for relevant regulatory change and working in close coordination with internal stakeholders in determining the impact of regulatory changes;
• Partnering with RTP business stakeholders and Mastercard Regulatory and Compliance colleagues to support responses to supervisory expectations and consultative responses on applicable proposed regulation;
• Providing incisive, business-friendly explanations and advice to senior management;
• Communicating effectively to all levels of senior management through updates and clear, concise presentations;
• Coordinating with regional Mastercard Regulatory colleagues to understand evolution of international regulation which may affect the RTP International business;
• Building and maintaining a strong working knowledge of laws and regulatory themes relating to payments infrastructure, as well as broader banking and financial services;
• Being a tough and effective advocate for the RTP business through the coordination and drafting of submissions, talking points and other materials, to protect business interests and enhance the Mastercard brand; and
• Managing outside counsel on relevant regulatory matters.
All About You
• We are looking for someone who is well-rounded, can work independently and is not afraid to “roll their sleeves up and get stuck in”. It is about being creative in solving issues where the focus is not on “winning at any cost” but on helping the RTP business to be successful.
• A track record of success in legal practice (either within a law firm or in-house) in fields drawn from regulation, technology, finance, corporate, and commercial would be preferable and experience of working within the Payments sector an advantage, but not essential, and previous in-house experience would be considered an advantage.
• A strong degree from a reputable university, as recognized by your legal association. Admitted as a practising lawyer with a valid practising certificate from your legal association and a minimum of five years post-admission experience.
• A track record of success in legal practice in fields drawn from regulation, technology, finance, corporate and commercial would be preferable and experience of working within the Payments sector and advantage, but not essential.
• Excellent written and oral communication skills and a time-sensitive and results-driven approach to work are prerequisites.
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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