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Our Purpose

_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

Senior Managing Counsel, Regulatory

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.

Mastercard Transaction Services (MTS) is a global licensed payments company that powers our regulated payments products that enable our customers to send and receive funds in over 125 countries. Our applications deliver compliance, risk management, currency conversion, liquidity management and multi-format messaging solutions to our clients, which include banks, financial institutions, e-commerce companies, and service marketplaces.

Our decency quotient, or DQ, 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

The Global Regulatory team is looking for a Senior Managing Counsel, Regulatory to lead the MTS Regulatory team and drive the regulatory compliance program for MTS’s global portfolio of money transmission/payment services licenses. The ideal candidate is a seasoned regulatory attorney with demonstrated expertise in payments regulation and a compliance champion with deep experience in building and supporting compliance management programs.

Role

In This Position, You Will

• Develop and execute regulatory strategy, including regulator engagement and advocacy efforts
• Serve as a liaison to business and/or functional departments in connection with regulatory engagements including regulatory examinations, meetings and other interactions.
• Manage external counsel as necessary, and review and analyze regulatory advice for advancing strategic initiatives
• Provide regulatory advice to business stakeholders on product development and operational matters, providing subject matter expertise with respect to operational requirements, policies, and procedures to comply with applicable regulatory obligations.
• Drive the design and implementation of compliance management policies and controls to effectively manage the regulatory risks related to account-to-account money transfer activity.
• Provide periodic reports to senior management on emerging regulatory obligations and the state of the regulatory compliance program.
• Coordinate regulatory examinations and management responses.
• Identify and manage regulatory changes, assisting product owners to develop creative solutions to address new requirements.
• Maintain strong industry knowledge of regulations, changes, trends and impacts to the business.

Education

All About You

• JD from an established and reputable law school
• Experience managing regulatory supervision is a must
• Experience in cross-border payments, and developing and managing related regulatory compliance programs for large bank or non-bank financial institution
• Proven success in navigating a multi-national organization and operating effectively within a diverse multicultural organization
• Self-starter / motivated to work independently and as an effective team member
• Must demonstrate a proactive, time sensitive, results driven approach in carrying out all duties, obligations and responsibilities
• Strong analytic capabilities and excellent written and oral communication skills
• Knowledge of Money Transmitter regulations and license requirements is preferred

Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

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.

In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance), flexible spending account and health savings account, paid leaves (including 16 weeks new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 5 personal days, 10 annual paid U.S. observed holidays, 401k with a best-in-class company match, deferred compensation for eligible roles, fitness reimbursement or on-site fitness facilities, eligibility for tuition reimbursement, gender-inclusive benefits and many more.

Pay Ranges

New York City, New York: $230,000 - $368,000 USD

Atlanta, Georgia: $192,000 - $307,000 USD

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