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We are the global technology company behind the world's fastest payments processing network. We are a vehicle for commerce, a connection to financial systems for the previously excluded, a technology innovation lab, and the home of Priceless ®. We ensure every employee has the opportunity to be a part of something bigger and to change lives. We believe as our company grows, so should you. We believe in connecting everyone to endless, priceless possibilities.
Senior Counsel P&I - Acceptance
Overview Mastercard is a technology company in the global payments business, connecting cardholders, customers, financial institutions, merchants, governments and businesses worldwide. Mastercard's Global Acceptance and Solutions team (GA&S) is responsible for ensuring that merchants of all sizes continue to play an essential role in the payments ecosystem and in the success of Mastercard. GA&S works with other teams within Mastercard to build new products and solutions, navigate new business models, technologies and partners to bring added value to our relationships with merchants, and expand Mastercard's offerings to merchants, acquirers, payment facilitators and other parties in the payments ecosystem across multiple channels. Mastercard is seeking an experienced lawyer to join our global Products and Innovation (P&I) legal team responsible for providing comprehensive support and counsel to the GA&S business.
Role The role requires strong commercial knowledge and experience in the financial and/or payment services space. The role will support new technologies and initiatives in connection with product development, distribution, and issuance of GA&S offerings, including contract drafting and negotiation, regulatory and compliance assessments, risk analysis and risk management related to merchant acquiring, point of sale consumer financing, and payment acceptance platforms such as contactless and QR. This full-time role will report into the Senior Managing Counsel in the P&I legal team based in London, and the key responsibilities for the role include:
Partnering with product, sales, franchise, marketing, and other teams to develop and launch innovative products and solutions that differentiate Mastercard and meet our customers' and merchants' rapidly changing needs.
Structuring and negotiating a wide range of contracts (including complex technology agreements, customer and vendor agreements) to drive issuer, merchant acceptance and consumer adoption of GA&S solutions.
Collaborating with in-house and external specialists (including regulatory, compliance, data protection, and intellectual property counsel) to identify relevant issues and help the business effectively navigate legal risks and implement appropriate controls, policies and processes.
Providing support to the GA&S product and regional sales teams to support product sales initiatives.
Advising business on a wide range of commercial and contractual matters including legal and business risk assessment and analysis on diverse matters from new product constructs to commercial agreements.
Taking responsibility for special projects while continuing to handle a steady stream of day-to-day matters.
Ensuring compliance with Mastercard's policies and procedures and providing applicable training to the business.
Managing external counsel within agreed policy and budget.
All About You
Qualified lawyer with a solid academic and training background.
Extensive legal experience, preferably including in-house work experience.
Familiarity with laws and regulations in the banking and payments space will be considered favorably.
Ability to grasp complex new business concepts and develop and implement creative approaches to problems while identifying and balancing risks with results.
Strong business acumen, and a keen interest in technology.
Strong drafting and negotiating skills across a range of complex commercial contracts and the ability to analyze and identify core legal issues.
Exposure to a broad range of transactional, commercial and technology law issues.
Strong working knowledge of data privacy and intellectual property issues.
Team player and great attitude.
Self-starter and ability to work independently.
Experience working on global agreements, across multiple jurisdictions and time zones.
Solutions-orientated and able to work flexibly, under pressure, and with tight deadlines.
Lively interest in the business of Mastercard and an enjoyment of working in a fast-paced environment.
Mastercard is an inclusive Equal Employment 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.
If you require accommodations or assistance to complete the online application process, please contact firstname.lastname@example.org 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.
Internal Number: 5927018
About Mastercard US
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