Senior Counsel (Regulatory, Technology)

Mastercard; New York (NY); On-site; USD 180,000 - 260,000; Full time

Job summary

Mastercard is seeking a regulatory expert to lead the execution of its regulatory strategy across technology infrastructure and enterprise resilience in New York. The role reports to the VP Regulatory-Technology and requires translating complex regulations into operational guidance for technology and supplier management teams.

You will work with technology risk and controls to implement technology controls, coordinate with regulators worldwide, and ensure contracts with third parties meet

Qualifications

• JD from an established and reputable law school.
• Experience translating regulations into actionable guidance for technology/infrastructure and resilience teams.
• Strong understanding of regulatory frameworks in payments/banking.
• Proactive, timely, results-driven approach with executive presence.

Responsibilities

• Liaise with global regulators to meet supervisory obligations and minimize regulatory impact.
• Drive execution of regulatory strategy across technology infrastructure and enterprise resilience.
• Translate regulatory requirements into technology control frameworks with risk and controls teams.
• Coordinate engagement with regulators on regimes for technology, infrastructure, and resilience.
• Align with legal on regulatory requirements in contracts with third parties.

Skills

Regulatory strategy

Regulatory interpretation

Regulatory compliance

Stakeholder influencing

Education

JD from a reputable law school

Job description

• Mastercard’s regulatory experts are responsible for liaising with regulators around the globe for the purpose of meeting its supervisory obligations as well as minimizing and addressing the impact of regulations on the company
• This position will drive the execution of the regulatory strategy across technology infrastructure and operational and enterprise resilience, ensuring alignment with evolving global regulatory expectations while enabling business growth and innovation
• This role will report to the VP Regulatory-Technology
• Support with the execution and interpretation of the regulatory obligations relating to infrastructure/technology, operational and enterprise resilience requirements across Mastercard’s platforms
• Working closely with technology risk and controls teams to translate regulatory requirements into technology control frameworks
• Coordinate and if required, lead the engagement with regulatory colleagues across the globe in providing advice on regulatory regimes for technology/infrastructure, and operational and enterprise resilience in line with regulatory strategy and the applicable technology controls framework
• Driving cross-functional alignment with legal colleagues on the necessary regulatory requirements of commercial contracts with third parties relating to technology and infrastructure deals to ensure business enablement
• Support with defining and implementing scalable regulatory approaches to technology and operations, and enterprise resilience obligations to manage enterprise risk arising from existing regulations and compliance with evolving regulatory changes
• Owning and overseeing enterprise execution with cross-functional stakeholders (Regulatory, Technology Regulatory Execution, and relevant lines of business) to ensure a coordinated execution of regulatory obligations across infrastructure and related regulatory framework alongside Mastercard’s other regulatory obligations
• 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

Must demonstrate excellent written and oral communication skillsJD from an established and reputable law schoolExperience translating/interpreting complex regulations into clear operational guidance for technology/infrastructure, resilience, and supplier management teamsExperience with infrastructure, technology, operational and enterprise resilience, and possess a high level of understanding of the regulatory frameworks applicable to such businessesMust demonstrate a proactive, time sensitive, results driven approach in carrying out all duties, obligations, and responsibilitiesStrong executive presence and decision-making capability in ambiguous environmentsExperience leading global regulatory strategy in highly regulated environmentsExperience in a regulatory position in a corporation, law firm or government context, working in the payments, banking or financial services sectorProven success in navigating multi-national organizations and operating effectively within a diverse multicultural organizationDemonstrated ability to influence executive stakeholders and regulators globally