Senior Treasury Counsel, Cross-Border Payments

Mastercard; New York (NY); On-site; USD 200,000 - 253,000; Full time

Job summary

Mastercard is seeking a Senior Counsel/Director to provide strategic legal support for treasury operations and global cross-border payment flows, including liquidity management, FX, banking arrangements, and safeguarding of customer funds. This role reports to senior leadership and collaborates across Treasury, Product, Operations, Regulatory, Compliance, and Risk teams.

The position is based in London with global collaboration and occasional travel, requiring strong drafting, negotiation, and

Qualifications

• JD or equivalent legal qualification required, with bar membership in at least one jurisdiction.
• Experience advising financial institutions on cross-border payments and treasury-related matters.
• Ability to lead legal workstreams across multiple jurisdictions with strong negotiation and drafting skills.

Responsibilities

• Advise on legal issues relating to treasury operations for cross-border money movement, including prefunding, settlement, liquidity, safeguarding, and customer funds management.
• Support development and launch of cross-border payment products by advising on funds flow, settlement finality, FX, and jurisdiction-specific treasury requirements.
• Draft, review, and negotiate treasury-related agreements, including bank accounts, liquidity and credit facilities, custody or safeguarding arrangements, FX documentation, and payment service provider agreements.
• Partner with Regulatory, Compliance, and Risk teams on AML/KYC, sanctions, consumer protection, safeguarding, operational resilience, and related requirements.
• Review and support policies, procedures, and controls relating to treasury governance, customer funds protection, liquidity risk, and counterparty risk.
• Provide legal support for expansion into new markets, including funds flow analysis, local banking and settlement arrangements, licensing implications, and coordination of external counsel.
• Collaborate with Treasury, Product, Operations, and Technology teams to design scalable treasury processes, embed legal controls, and support incident response for settlement or counterparty events.
• Monitor legal and regulatory developments affecting cross-border payments, money transmission, safeguarding, FX, or digital assets where relevant, and translate developments into practical guidance for business stakeholders.
• Develop templates, playbooks, approval workflows, and training materials to promote consistent, efficient, and risk-calibrated legal support for treasury and money movement activities.

Skills

Treasury operations

Cross-border payments

Regulatory compliance

Contract drafting & negotiation

Analytical thinking

Education

JD or equivalent legal qualification

Job description

Mastercard is seeking a Senior Counsel/Director to provide strategic legal support for treasury operations and global cross-border payment flows, including liquidity management, FX, banking arrangements, and safeguarding of customer funds. This role reports to senior leadership and collaborates across Treasury, Product, Operations, Regulatory, Compliance, and Risk teams.

The position is based in London with global collaboration and occasional travel, requiring strong drafting, negotiation, and