At a Glance
- Tasks: Join our legal team to tackle diverse legal challenges in the payments sector.
- Company: Mastercard is a global leader in digital payments, empowering economies worldwide.
- Benefits: Enjoy a collaborative culture, flexible work options, and opportunities for professional growth.
- Why this job: Make an impact in a dynamic environment while supporting innovative payment solutions.
- Qualifications: Qualified lawyer with strong communication skills and experience in commercial contracting.
- Other info: Open to unique candidates; if you're passionate, we want to hear from you!
The predicted salary is between 43200 - 72000 £ per year.
Overview
Mastercard is committed to balancing innovation while ensuring legal compliance and has embraced privacy, data protection and cybersecurity as core to the successful execution of its business strategy. As part of that commitment Mastercard has established a world-class privacy program and is currently adding talent to its global team.
The Senior Counsel will lead the development of cutting-edge technologies from a privacy and data protection standpoint, monitoring new legislative developments and ensuring compliance of Identity solutions with existing and emerging privacy, cyber and data-related laws.
The position will report to the Senior Managing Counsel and will be a member of the Global Privacy & Data Protection team.
The ideal candidate will have the ability to think and act both strategically and tactically with respect to the needs of tech focused business clients and their objectives while ensuring that the corporation remains compliant with privacy, cyber and data-related laws and regulations.
The Senior Counsel must be abreast of new technologies related to payments, identity, and fraud.
Responsibilities
- Analyze Identity solutions in light of privacy and data protection requirements with the aim of identifying the relevant process and infrastructure requirements to ensure compliance with applicable privacy, AI and data protection laws globally
- Provide day-to-day support to Identity business teams and perform privacy, AI and data protection law assessments in line with Mastercard’s privacy, AI, and data protection policies and processes.
- Increase awareness among business clients, global privacy and legal teams regarding privacy and cyber security pertaining to Mastercard Identity solutions through training and other initiatives.
- Monitor regulatory and legislative developments pertaining to fraud and identity verification and support the engagement with key policy makers and stakeholders to influence developments in that space.
- Provide regular trainings and updates about privacy, fraud and identity to the global privacy, legal, business and sales teams to ensure compliance with emerging laws and regulations.
- Develop contract structures that address privacy and data protection requirements, review and negotiate applicable privacy language in agreements with vendors, and customers
All About You
- Law degree required. Membership to a Bar (if permitted by law). Any additional qualifications (e.g. Master of Laws degree) considered an asset
- Solid expertise in and track record dealing with privacy law
- Solid knowledge of global data protection legal frameworks (e.g. GDPR, CCPA)
- Payments related counseling experience is a plus.
- Familiarity with financial services industry and payment processing
- Superior time management, planning, and organizational skills
- Strong analytical, writing, and speaking skills. Attention to detail is a must.
- Exceptional interpersonal skills with proven experience in relationship building and partnering.
- Must work well in both team and individual settings
- Ability to motivate and influence highly skilled professionals to achieve major organizational goals
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.
Seniority level
- Mid-Senior level
Employment type
- Full-time
Job function
- Legal
- Industries: Financial Services, IT Services and IT Consulting, and Technology, Information and Internet
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Senior Counsel employer: MasterCard
Contact Detail:
MasterCard Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Counsel
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in the payments industry. Understanding the nuances of real-time payments and how they operate in different countries will give you an edge during discussions and interviews.
✨Tip Number 2
Network with professionals in the legal and payments sectors. Attend industry events or webinars to connect with people who work at Mastercard or similar companies, as personal connections can often lead to job opportunities.
✨Tip Number 3
Prepare to discuss your experience with commercial contracts and stakeholder management. Be ready to provide examples of how you've navigated complex legal issues in a business context, as this is crucial for the Senior Counsel role.
✨Tip Number 4
Showcase your ability to collaborate with cross-functional teams. Highlight any past experiences where you've worked alongside compliance, regulatory, or product teams, as this will demonstrate your capability to support the diverse needs of the Real Time Payments business.
We think you need these skills to ace Senior Counsel
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Counsel position. Tailor your application to highlight your relevant experience in commercial contracting, stakeholder management, and legal support.
Craft a Strong Cover Letter: Your cover letter should reflect your passion for the payments industry and your ability to tackle legal challenges. Use specific examples from your past experiences that demonstrate your skills in drafting, negotiating, and managing legal matters.
Highlight Relevant Experience: In your CV, emphasise your experience in regulated environments and any previous roles that involved product development or working with commercial contracts. Make sure to include any specific achievements that showcase your legal expertise.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a legal role.
How to prepare for a job interview at MasterCard
✨Understand the Company and Its Mission
Before your interview, make sure you have a solid grasp of Mastercard's mission and values. Familiarise yourself with their focus on building an inclusive digital economy and how their Real Time Payments business operates. This will help you align your answers with their goals.
✨Showcase Your Legal Expertise
Prepare to discuss your experience with commercial contracts, regulatory issues, and product support. Be ready to provide specific examples of how you've navigated legal challenges in previous roles, especially in regulated environments or the payments sector.
✨Demonstrate Stakeholder Management Skills
Mastercard values collaboration and relationship-building. Think of instances where you've successfully managed relationships with internal stakeholders or external partners. Highlight your ability to work with cross-functional teams and provide strategic legal advice.
✨Ask Insightful Questions
Prepare thoughtful questions that show your interest in the role and the company. Inquire about the challenges the Real Time Payments team is currently facing or how they envision the future of digital payments. This demonstrates your engagement and enthusiasm for the position.