Senior Regulatory Counsel

MasterCard; Singapore; On-site; USD 90,000 - 150,000; Full time

Job summary

Join a forward-thinking company as a Senior Regulatory Counsel, where your expertise in legal practice and regulatory compliance will help shape the future of payments. This dynamic role involves collaborating with internal stakeholders, providing strategic legal advice, and advocating for the RTP business. You will be at the forefront of understanding and navigating the evolving regulatory landscape, ensuring that the company remains compliant while driving business success. If you are passionate about the payments industry and ready to make an impact, this is the perfect opportunity for you.

Qualifications

• Minimum of five years post-admission experience as a practicing lawyer.
• Track record in legal practice related to regulation and technology.

Responsibilities

• Anticipate and monitor regulatory changes affecting RTP International business.
• Provide business-friendly legal advice to senior management.

Skills

Regulatory Compliance

Legal Practice

Communication Skills

Analytical Skills

Problem Solving

Education

Law Degree

Reputable University

Job description

Job Title:

Senior Regulatory Counsel

Overview:

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.