Senior Counsel, Mastercard Move

MasterCard; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Counsel to join their global product legal team. This role involves providing comprehensive legal support for innovative payment solutions, collaborating with various stakeholders, and ensuring compliance with regulations. The ideal candidate will possess strong commercial acumen and the ability to communicate complex legal concepts effectively. This position offers an exciting opportunity to influence the future of money movement capabilities in a fast-paced environment, making a significant impact on the company’s strategic objectives.

Qualifications

• Extensive experience in law, preferably with both law firm and in-house work.
• Familiarity with payments and remittances regulations is favorable.

Responsibilities

• Support development of new products and capabilities for Mastercard Move.
• Draft, review, and negotiate contracts while managing standard documentation.

Skills

Commercial Knowledge

Payments Experience

Contract Drafting

Negotiation Skills

Legal Communication

Education

Qualified Lawyer

Job 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 Counsel, Mastercard Move Overview

Mastercard Move is Mastercard’s portfolio of money movement capabilities powering a variety of payment experiences. Mastercard Move provides banks, non-bank financial institutions, direct disbursers, and their customers with a fast, transparent, secure, and efficient money transfer solution, domestically and internationally. Mastercard is seeking an experienced lawyer to join the global product legal team supporting Mastercard Move.

Role

The role requires strong commercial knowledge and experience in payments, remittances, or related financial services. The role will act as an advisor for Mastercard Move Product and Sales teams by partnering with the business to deliver on commercial objectives and strategy. This role will report to the Senior Managing Counsel in the Mastercard Move legal team based in New York.

The key responsibilities for the role include:

1. Providing end-to-end support for the development of new products and capabilities for Mastercard Move.
2. Structuring, drafting, reviewing, and negotiating a wide range of contracts, including managing updates to standard customer documentation.
3. Collaborating with in-house and external specialists (including Regulatory, Compliance, and Data Privacy) to identify relevant issues, help the business effectively navigate legal risks, and implement appropriate controls.
4. Training and educating clients on processes, risks, and the current legal landscape.
5. Identifying needed process improvements and efficiencies; streamlining processes to increase ease of doing business.
6. Taking responsibility for special projects while continuing to handle a steady stream of day-to-day matters.

All About You

• Qualified lawyer with extensive experience, preferably including both law firm and in-house work experience. Familiarity with laws and regulations in the payments and remittances spaces will be considered favorably.

• Able to work independently as well as collaboratively, spot issues, prioritize, and multi-task effectively in a fast-paced environment.

• Able to effectively communicate complex legal concepts to legal and business executives, product owners, and other stakeholders in a clear and understandable manner.

• Strong drafting and negotiating skills with the ability to understand and simplify complex concepts, issues, technologies, and deal structures.

• Solution-oriented and able to work flexibly, under pressure, and with tight deadlines.

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks come with an inherent risk to the organization. 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.