Our PurposeMastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions 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 SummarySenior Counsel, Global SME Solutions, London, UKJob TitleSenior Counsel, Global SME Solutions, London, UKOverviewMastercard is seeking an experienced attorney to be responsible for providing comprehensive, end-to-end, strategic support to our global Commercial and SME Solutions business, with a focus on development of new products and services for SME.Small and Medium Enterprises (SME), as part of Commercial and New Payment Flows (CNPF) group, is responsible for building and commercializing products and services to reduce complexity, cut costs, and automate processes in micro, small, and medium businesses. The CNPF team builds relationships within the merchant community to expand acceptance and drive revenue and supports our co-brand, commercial, and public sector customers as well as our acquirers and processors.RoleThe scope of work will include contract drafting and negotiation, product development, regulatory and compliance assessments, risk analysis, supporting the development and distribution of Commercial and SME Solutions offerings (including drafting and negotiating contracts, legal risk management related to payments automation and trade platforms). Acting as a day-to-day advisor for SME clients by partnering with the business and legal specialists to deliver on strategy, including expanding Mastercard acceptance; and securing Mastercard’s share with merchants, acquirers, prepaid program managers, issuers and digital partners.• 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.• Collaborating with internal subject matter experts to better understand and be able to advise holistically on our products and relevant regulatory, compliance, privacy and antitrust issues.• Autonomously structuring, drafting, reviewing, and negotiating complex customer and vendor agreements (such as Master Services, SaaS, Software and Data Licensing Agreements), including identifying legal and business risks and recommending solutions.• Engaging on strategic relationships and partnership agreements with our digital partners.• Training and educating clients on processes, risks, changes in laws and regulations and the regulatory landscape of different regions on an ongoing basis.• Partnering with regional compliance leads to ensure products and services comply with corporate policies, such as gifts and hospitality, anti-bribery and anti-corruption and third party on-boarding.• owning and executing solutions to support our transformation strategy and driving towards streamlining processes to increase ease of doing business.All About You• Qualified lawyer with a solid academic and training background, licensed to practice in the relevant jurisdiction.• Keen business insight and strong communication skills to interact confidently and effectively with internal clients, Mastercard customers and law and policy colleagues, including senior management and Mastercard executives• Complex transactional legal experience at a reputable law firm or as an in-house counsel• Strong drafting and negotiating skills with the ability to understand and simplify complex concepts, issues and deal structures.• Considered favorably: candidates with in-house work experience, technology background, familiarity of law/regulations in the banking and payments space, knowledge of AI governance and regulations, and understanding of open banking.• JD or equivalent from an accredited law school; Corporate Security ResponsibilityAll 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;Legal and ComplianceEmployment type: Full time
Senior Compliance Counsel - Law Firm in London 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.
