Senior Counsel, Mastercard
Open Banking & API
More information about location
Office located in Angel Lane, London
Global payments technology company
Open for applications
Global payments technology company
1001+ employees
Open for applications
More information about location
Office located in Angel Lane, London
1001+ employees
Company mission
To connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.
Role
Who you are
- The ideal candidate is highly motivated, intellectually curious and analytical, dedicated to delivering strategic and hands-on legal support and partnership to develop the next generation of Mastercard product solutions, whilst ensuring that we remain compliant with laws and regulatory requirements, as well as industry best practices
- Qualified Lawyer with a strong academic background
- Analytical Skills: Ability to identify core legal issues and explain technical problems clearly
- Commercial and Technology Law: Experience with commercial contracting and technology law
- Product Development Support: Experience in supporting new product development, even if in a different industry, considered a strong asset
- Other Technical Knowledge: Working knowledge of data privacy and intellectual property issues
- Communication Skills: Strong drafting, writing, oral communication, and negotiating skills, with ability to communicate your vision and roadmap effectively to a variety of stakeholders
- Interpersonal Skills: Proven experience in relationship building and partnering
- Adaptability and Solution-Oriented: Comfortable working collaboratively or individually and flexibly under pressure, with excellent time management, planning, and organizational skills
- Business Acumen: Ability to quickly understand and maintain knowledge of complex products, services, and legal frameworks
- Interest in Payments and Financial Services: Interest in financial services and payment technologies; experience in this space is a plus
- Multinational Experience: Experience as an in-house lawyer in a multinational company is desirable but not essential
- If you are a proactive legal professional looking to make an impact in a dynamic environment, we would love to hear from you!
What the job involves
- We are looking for an experienced lawyer to join our legal team, providing support and advice to the global Open Banking and Open API team, with a particular focus on European and international development of open banking products and solutions
- This role handles legal product development and support matters for the business on a day-to-day basis, identifying and analysing relevant issues and helping the business effectively navigate legal and regulatory risks and implement appropriate controls, policies and processes
- Focus on legal support for the strategic development and daily operations of Mastercard’s global Open Banking and Open API product solutions and services
- Ensuring alignment and compliance of products and services with Mastercard’s policies, procedures and processes and with European and global regulatory and commercial laws
- Covering a broad range of commercial and contractual matters, including partnerships and referral arrangements, product and marketing legal review, non-disclosure agreements and bid process support; and
- Drafting templates and reviewing contracts and manage complex contract negotiations with customers, partners and key suppliers
- Instruct and manage external counsel within agreed policy and budget
- Develop strong relationships with partners across product development, engineering, business strategy, sales and senior management within Mastercard’s business
- Work in close collaboration with external and internal specialists (including Franchise, regulatory, data privacy and intellectual property counsel and compliance teams)
- Provide training as appropriate to legal, franchise, sales and product colleagues
- Please note that roles within Mastercard evolve with the needs of the business and department; Therefore, the above is a guideline and by no means comprehensive
Salary benchmarks
Our take
Mastercard is in the global payments business, and operates the world's fastest payments processing network. Its products and solutions have become central to everyday commerce across the world, in activities ranging from shopping and travelling to running businesses.
As the economy has become more and more digitised, Mastercard has been a leading player in helping businesses and individuals across the globe embrace card payments and digital banking. One of the world's largest companies, its revenue has seen consistent gain in the last 20 years.
The challenge for modern payments companies is that payments are always changing, as seen in the astronomical rise of contactless payments over the last decade. Mastercard's acquisition of blockchain systems, and an overall focus on leveraging its technology towards a digital economy, has placed the company in good stead to keep up to date with current trends, like cryptocurrency, in the digitised payments world.
Steph
Company Specialist
Insights
Company
Company benefits
- Gym membership
- Share purchase options
- Extra holiday purchase optional
- Work from home opportunities
- Health insurance
- Pension plan
- 25 days holiday (excl. bank holidays)
Company values
- Trust - integrity, respect, openness
- Agility - urgency and value through innovation
- Partnership - working as one team for the benefit of all
- Initiative - taking bold and thoughtful actions
Company HQ
Purchase, Harrison, NY
Articles
Founders
Michael Miebach
(CEO, not founder)Has served in a variety of roles at the company, including President and CPO. Currently Board Member at IBM, Accion, the World Resources Institute, the US-India Strategic Partnership Forum, and the Metropolitan Opera. They are also a Trustee of USCIB.
People progressing
Joined as VP in 2008, promoted 4 times in 11 years to their current position of Executive Vice President.
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