Regulatory Counsel

Mastercard; Ciudad de México; In loco; MXN 1.200.000 - 1.800.000; Tempo pieno

Descrizione del lavoro

Mastercard Inc. in Mexico City seeks a Regulatory Counsel to advise Arcus and Mastercard Transaction Services on payments regulation and licensing across Mexico and Latin America. You will lead regulatory strategy, filings, and cross-functional collaboration to ensure compliant product launches and operations.

The role requires expertise in Mexican fintech regulation, strong language skills in Spanish and English, and willingness to travel regionally to Mastercard offices as needed.

Competenze

• Experience advising on Mexican payments and fintech regulation.
• Experience with licensing and regulator engagement in Mexico.
• Fluency in Spanish and English, with strong written and oral communication.

Mansioni

• Act as regulatory counsel to Arcus and MTS product and business teams in Mexico and across LAC.
• Advise on product and operational implications of regulations applicable to payments and licensing.
• Support the expansion, variation, and maintenance of the Arcus IFPE license and related workstreams.
• Engage with Mexican regulators and supervisors, including filings, variations, and responses.
• Participate in product development to ensure compliance of new products with regulations.
• Contribute to regulatory strategy for money transmission and transfer solutions in Mexico and LAC.
• Collaborate with Product, Compliance, Risk, Privacy, Franchise, and Legal teams on licensing and control systems.
• Monitor regulatory changes and prepare concise, business-ready insights for senior management.
• Supervise outside counsel and support advocacy efforts and industry engagement.

Conoscenze

Regulatory affairs

Regulatory compliance

Cross-functional collaboration

Multinational experience

Fluent English

Fluent Spanish

Formazione

JD or LLM or Licenciatura en Derecho

Descrizione del lavoro

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. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company.

The Role

Mastercard's Global Regulatory Team is looking for a Counsel in Mexico City to serve as regulatory counsel to Arcus, a Mastercard company licensed as an Institución de Fondos de Pago Electrónico (IFPE), and to Mastercard Transaction Services (MTS) across Latin America and the Caribbean. This is a hands-on advisory role at the center of our money movement business in Mexico, covering domestic funds transfers, real-time payments, and cross-border money transmission.

Act as regulatory counsel to Arcus and to MTS product and business teams in Mexico and across LAC, advising on the product and operational implications of regulations applicable to electronic payment funds institutions, real-time payments, and other funds transfers.

Support the expansion, variation, and ongoing maintenance of the Arcus IFPE license, including permitted activities, new use cases, and the regulatory workstreams associated with migrating Arcus onto Mastercard proprietary technology platforms.

Support engagement with Mexican regulators and supervisors, including filings, license applications and variations, responses to information requests, and examination and remediation support.

Participate in product development to ensure new and expanded products launch consistent with applicable regulation and licensing requirements.

Contribute to regulatory strategy for money transmission and transfer solutions in Mexico and, where relevant, the broader LAC region, coordinating with regulatory colleagues across LAC and globally.

Work cross-functionally with Product, Compliance, Risk, Privacy, Franchise, and Legal colleagues on licensing, supervisory matters, and systems of control.

Monitor Mexican regulatory change and prepare clear, business-ready insights and escalations for senior management.

Instruct and manage outside counsel, and support advocacy efforts including submissions and talking points for industry and regulatory engagement.

All About You

Licenciatura en Derecho from an accredited Mexican university, or a JD or LLM from an accredited law school with the ability to advise on Mexican law.

Demonstrated experience advising on Mexican payments and financial services regulation, including the Fintech Law and IFPE regime, SPEI and domestic payment schemes, and money transmission requirements.

Experience with licensing and regulator engagement in Mexico, including applications, variations, and supervisory responses before Mexican financial authorities.

Legal practice experience in regulation, technology, finance, or financial services at a reputable law firm, a regulator, or in-house; a regulatory affairs or product counsel role in payments or fintech is strongly preferred.

Working knowledge of anti-money laundering, KYC, and sanctions obligations; experience in other Latin American markets and cross-border payments is a plus.

Proven success in multinational, matrixed organizations, with the ability to give pragmatic, commercially grounded advice and translate technical requirements into plain-language guidance.

Strong organizational skills and the ability to manage multiple matters simultaneously.

Fluency in Spanish and English, with excellent written and oral communication skills in both, is a must. Willingness to travel within the region and to Mastercard offices in the United States as required.

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.