Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, weāre helping build aĀ sustainableĀ economy where everyone can prosper. We support a wide range of digital payments choices, making transactionsĀ 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 Counsel, Regulatory
Overview: 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.
Mastercardās Global Regulatory team is seeking an experienced regulatory attorney to join its US Regulatory team as Senior Counsel, reporting to Senior Managing Counsel, Head of US Regulatory for Mastercard. This role will focus on US regulatory matters and will require subject matter expertise in US banking laws and regulations and payments laws and regulations. The successful candidate will enjoy working on multiple fast-paced and impactful issues, and will have strong communication and interpersonal skills. This role will be based in Purchase, New York. Essential responsibilities for this role include:
ā¢ Lead and support Mastercardās regulatory strategy to respond to a changing regulatory landscape related to Mastercardās core business and other Mastercard activities in the US
ā¢ Advise Mastercardās US and Global business teams on US banking and payments regulatory issues
ā¢ Liaise with state and federal regulators on requirements for Mastercardās direct licensing requirements
ā¢ Engage with potential Mastercard customers to guide applications for membership, including with respect to unique structures
ā¢ Analyze new and developing federal and state banking laws and regulations, including partnering with internal and external advocacy teams to provide insights on impacts to Mastercard and the broader payments ecosystem
ā¢ Provide advice to, and partner with, US business teams, transaction lawyers, Franchise, Treasury and Risk partners on cross functional projects and working groups as the US regulatory subject matter expert
ā¢ Advise on US regulatory implications related to product development
ā¢ Lead special projects related to US banking and payments laws and regulations
ā¢ Maintain strong industry knowledge on legislative and regulatory changes and trends
All about you:
ā¢ JD from an established and reputable law school
ā¢ 7-10 years of experience in US regulatory matters
ā¢ Deep understanding of US banking laws and regulations and knowledge of the regulatory landscape for payments in the US
ā¢ Experience at a government agency or in-house financial institution is preferred
ā¢ Experience from a law firm or global payments company will be considered
ā¢ Must demonstrate a proactive, time sensitive, results driven approach in carrying out all duties, obligations and responsibilities
ā¢ Excellent written and oral communication skills and experience communicating with a diverse audience is critical to success in this role
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 Mastercardās 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 Mastercardās guidelines.
In line with Mastercardās total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. 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 of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 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; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.
Pay Ranges
Purchase, New York: $204,000 - $325,000 USD