Senior Counsel, Regulatory

Mastercard • Purchase, NY

7d • $204,000 - $325,000

About The Position

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential.

Mastercard’s Global Regulatory team is seeking an experienced regulatory attorney to join its US Regulatory team as Senior Counsel, reporting to Senior Managing Counsel, Head of US Regulatory for Mastercard. This role will focus on US regulatory matters and will require subject matter expertise in US banking laws and regulations and payments laws and regulations. The successful candidate will enjoy working on multiple fast-paced and impactful issues, and will have strong communication and interpersonal skills. This role will be based in Purchase, New York.

Requirements

• JD from an established and reputable law school
• 7-10 years of experience in US regulatory matters
• Deep understanding of US banking laws and regulations and knowledge of the regulatory landscape for payments in the US
• Must demonstrate a proactive, time sensitive, results driven approach in carrying out all duties, obligations and responsibilities
• Excellent written and oral communication skills and experience communicating with a diverse audience is critical to success in this role

Nice To Haves

• Experience at a government agency or in-house financial institution is preferred
• Experience from a law firm or global payments company will be considered

Responsibilities

• Lead and support Mastercard’s regulatory strategy to respond to a changing regulatory landscape related to Mastercard’s core business and other Mastercard activities in the US
• Advise Mastercard’s US and Global business teams on US banking and payments regulatory issues
• Liaise with state and federal regulators on requirements for Mastercard’s direct licensing requirements
• Engage with potential Mastercard customers to guide applications for membership, including with respect to unique structures
• Analyze new and developing federal and state banking laws and regulations, including partnering with internal and external advocacy teams to provide insights on impacts to Mastercard and the broader payments ecosystem
• Provide advice to, and partner with, US business teams, transaction lawyers, Franchise, Treasury and Risk partners on cross functional projects and working groups as the US regulatory subject matter expert
• Advise on US regulatory implications related to product development
• Lead special projects related to US banking and payments laws and regulations
• Maintain strong industry knowledge on legislative and regulatory changes and trends

Benefits

• Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 10 annual paid U.S. observed holidays; 401k with a best-in-class company match; deferred compensation for eligible roles; fitness reimbursement or on-site fitness facilities; eligibility for tuition reimbursement; and many more.
• Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Ph.D. or professional degree