Legal Counsel – Open Banking & Product Deals

Legal Counsel – Open Banking & Product Deals

Full-Time 63000 - 77000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Join a dynamic team to handle legal aspects of open banking product development.
  • Company: Mastercard, a global leader in financial technology.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Collaborative environment with a focus on international projects.
  • Why this job: Be at the forefront of innovative banking solutions and make a real impact.
  • Qualifications: Experience in law, particularly in product development and regulatory compliance.

The predicted salary is between 63000 - 77000 £ per year.

Mastercard in London and Copenhagen seeks an experienced lawyer to join the Global Open Banking and Developer Experience team, focusing on European and international development of open banking products. The role reports to a Director, Legal Services and requires handling product development, contracting, and regulatory risk management on a day-to-day basis.

You will work with internal teams and external counsel to ensure compliance with Mastercard policies and applicable laws.

Legal Counsel – Open Banking & Product Deals employer: MasterCard

Mastercard is an exceptional employer that fosters a culture of innovation and collaboration, making it an ideal place for a Director of Software Engineering. With a strong emphasis on employee growth, you will have access to cutting-edge tools and resources, as well as opportunities to mentor and lead talented teams across diverse geographies. The company's commitment to data-driven decision-making and AI-assisted development ensures that you will be at the forefront of technological advancements in a dynamic and supportive environment.

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Contact Details:

MasterCard Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Legal Counsel – Open Banking & Product Deals

Get Involved in Law Societies

Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.

Tap into Online Legal Communities

Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.

Attend Career Fairs and Workshops

Look out for career fairs and workshops specifically focused on law. Many law firms, including MasterCard, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.

Leverage Your University’s Career Services

If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.

We think you need these skills to ace Legal Counsel – Open Banking & Product Deals

Legal Expertise
Contract Negotiation
Regulatory Compliance
Risk Management
Product Development
Open Banking Knowledge
Collaboration Skills

Some tips for your application 🫡

Highlight Your Legal Knowledge:When applying for a full-time role in legal services at MasterCard, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.

Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.

Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in MasterCard and the specific role of Legal Counsel – Open Banking & Product Deals. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.

Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for MasterCard’s culture!

How to prepare for a job interview at MasterCard

Know Your Legal Principles

Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.

Be Ready for Case Studies

Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.

Show Off Your Research Skills

As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at MasterCard.

Exude Professionalism and Confidence

In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at MasterCard.