Regulatory Counsel

Mastercard Inc.; Ciudad de México; Vor Ort; MXN 1.000.000 - 1.700.000; Vollzeit

Zusammenfassung

Mastercard Inc. in Mexico City seeks a Regulatory Counsel to advise on Mexican payments and financial services regulation. The role covers Arcus IFPE licensing, real-time payments, and cross-border money transmission across Latin America and the Caribbean.

You will advise product and business teams, engage regulators, and coordinate with regional colleagues to ensure compliant product development and licensing strategies. Travel within the region is expected.

Qualifikationen

• Regulatory counsel experience advising on payments/fintech or financial services.
• Ability to work with product, legal, risk and compliance teams.
• Fluent in Spanish and English with strong written and oral communication.

Aufgaben

• Act as regulatory counsel to Arcus and MTS product teams in Mexico and across LAC.
• Support expansion and maintenance of the Arcus IFPE license and related regulatory workstreams.
• Engage with Mexican regulators including filings, license variations, and information requests.
• Collaborate with cross-functional teams to ensure licensing and product launches comply with regulation.
• Contribute to regulatory strategy for money transmission and cross-border payments in the region.
• Coordinate with regulatory colleagues across LAC and globally.
• Monitor regulatory changes and translate them into business-ready insights.
• Instruct and manage outside counsel and support advocacy efforts.

Kenntnisse

Regulatory experience

Cross-functional teamwork

Bilingual Spanish/English

Ausbildung

JD or LLM

Licenciatura en Derecho

Jobbeschreibung

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.

Essential Responsibilities

• 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.