Senior Counsel

MastercardArlington, VA

About The Position

Mastercard is seeking an experienced attorney to be responsible for providing comprehensive, end-to-end, strategic support to our global Commercial and New Payment Flows business, with a focus on the commercialization of new products and services supporting the payment needs of the healthcare industry. Mastercard’s Commercial and New Payment Flows is responsible for building and commercializing products and services to reduce complexity, cut costs and automate processes in the B2B and travel payments ecosystems. The team is also tasked to grow Mastercard’s market share in Corporate, Small Business, and Travel and Entertainment cards. The Commercial and New Payment Flows 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.

Requirements

  • Qualified lawyer with a solid academic and training background, with at least 7 years of experience, licensed to practice in the relevant jurisdiction.
  • 3+ years in the pharmaceutical, biotech or healthcare industry, or at a law firm supporting those industries, including experience in privacy law and commercial/medical-related matters. Experience with health regulatory compliance strongly preferred.
  • Experience reviewing and advising on the development of external facing marketing, user content, and user experiences
  • Able to work independently and collaboratively, spot issues, prioritize and multi-task effectively in a fast-paced sales environment.
  • 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.
  • A team player, willing to take on responsibilities and roles that support the team, department, region and the company.
  • JD or equivalent from an accredited law school in the US.

Responsibilities

  • Acting as a day-to-day advisor for our sales 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 the 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.
  • Providing support to the Commercial and New Payment Flows business development teams to support product sales initiatives
  • Autonomously structuring, drafting, reviewing, and negotiating complex customer 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.
  • Identifying process improvements and efficiencies; owning and executing solutions to support our transformation strategy and streamlining processes to increase ease of doing business.

Benefits

  • 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
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