Mastercard

Senior Counsel (Commercial and New Payment Flows)

Mastercard

New York, NY, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a seasoned legal professional with a deep understanding of commercial and payment flow landscapes? Do you thrive in a fast-paced and dynamic environment? Look no further, because Mastercard is seeking a Senior Counsel to join our team and play a critical role in shaping and executing our commercial and new payment flows strategy. In this role, you will have the opportunity to utilize your expertise and collaborate with cross-functional teams to drive innovation and growth in the payments industry. If you have a passion for cutting-edge technology and a strong legal background, we want to hear from you! Read on to learn more about the qualifications and skills we are looking for in our ideal candidate.

  1. Develop and implement strategies for commercial and payment flow landscapes to support business growth and innovation.
  2. Provide legal advice and guidance to cross-functional teams on complex legal issues related to commercial and payment flow transactions.
  3. Conduct thorough research and analysis of laws, regulations, and industry developments to ensure compliance and identify potential risks.
  4. Review and negotiate contracts, agreements, and other legal documents related to commercial and payment flow transactions.
  5. Collaborate with internal stakeholders, including business leaders, product teams, and other legal professionals, to drive successful outcomes.
  6. Keep abreast of industry trends and advancements in technology to identify opportunities for Mastercard to stay at the forefront of the payments industry.
  7. Develop and maintain strong relationships with external partners and clients to promote Mastercard's commercial and payment flow strategies.
  8. Provide training and support to internal teams on legal and compliance matters related to commercial and payment flow transactions.
  9. Serve as a subject matter expert on commercial and payment flow legal matters and represent Mastercard in external forums and events.
  10. Maintain a high level of professionalism and ethical standards in all interactions and adhere to legal and regulatory requirements.
Where is this job?
This job is located at New York, NY, USA
Job Qualifications
  • Extensive Legal Experience: The Ideal Candidate Should Have At Least 10 Years Of Experience Practicing Law, With A Focus On Commercial Transactions And New Payment Flows. This Experience Should Include Working In A Corporate Legal Department Or A Top Law Firm.

  • In-Depth Knowledge Of Payment Systems: Since The Role Specifically Focuses On New Payment Flows, The Candidate Should Have A Deep Understanding Of The Current Landscape And Emerging Trends In Payment Systems. This Includes Knowledge Of Digital Payments, Mobile Wallets, And Other Innovative Payment Technologies.

  • Contract Negotiation Skills: As A Senior Counsel, The Candidate Will Be Responsible For Negotiating And Drafting Complex Commercial Agreements With A Variety Of Stakeholders, Including Financial Institutions, Merchants, And Technology Partners. Therefore, Strong Negotiation Skills And The Ability To Draft Clear And Comprehensive Contracts Are Essential.

  • Regulatory Expertise: Given The Highly Regulated Nature Of The Payments Industry, The Ideal Candidate Should Have A Solid Understanding Of Relevant Laws And Regulations, Such As The Payment Card Industry Data Security Standards (Pci Dss) And The General Data Protection Regulation (Gdpr). Experience In Dealing With Regulatory Bodies And Managing Compliance Would Be Highly Valued.

  • Strategic Thinking And Business Acumen: The Senior Counsel Will Be A Key Advisor To Mastercard's Business Teams, Providing Legal Guidance And Support For New Initiatives And Partnerships. Therefore, The Candidate Should Possess Strong Business Acumen And The Ability To Think Strategically, Anticipating Potential Legal Issues And Providing Sound Solutions That Align With The Company's Goals.

Required Skills
  • Risk Management

  • Project Management

  • Communication

  • Contract Negotiation

  • Analytical skills

  • Relationship Management

  • Compliance

  • Team Leadership

  • Strategic Thinking

  • Problem-Solving

  • Legal Expertise

  • Payment Systems

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Counsel (Commercial and New Payment Flows) in New York, NY, USA is $200,000 - $250,000 per year. However, this can vary depending on the specific company, industry, and level of experience of the individual. Other factors that may affect salary include bonuses, benefits, and location.

Additional Information
Mastercard is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedAugust 8th, 2024
Apply BeforeJuly 8th, 2026
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About Mastercard

Mastercard is a leader in global payments and a technology company that connects billions of consumers, thousand of financial institutions, and millions of merchants, as well as governments and businesses around the world.

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