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Company: Mastercard
Location: Purchase, NY
Career Level: Mid-Senior Level
Industries: Banking, Insurance, Financial Services

Description

Our Purpose

Mastercard 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 Summary

Senior Counsel, Commercial Verticals Senior Counsel, Commercial Verticals, Mastercard Commercial and New Payment Flows

Overview
Our Commercial and New Payment Flows (“CNPF”) organization is making payments smarter and businesses stronger with our commercial cards, working capital, and money movement solutions.

The Commercial Verticals team is a part of CNPF and is responsible for scaling CNPF products and services within specialized industry segments, including Travel, Transportation, Healthcare and Embedded Finance platforms.

Mastercard is seeking an experienced lawyer to join our global legal team to support the Commercial Verticals team in business development and sales activities.

Role
This Senior Counsel role requires strong commercial acumen and experience in supporting business development and commercialization. The role will support the development and distribution of CNPF offerings, including drafting and negotiating contracts, and legal risk management related to B2B payments automation and cross-border payment platforms. The key responsibilities for the role include:

• Partnering with product, sales, franchise, marketing, and other teams to develop and launch innovative products and solutions that differentiate Mastercard and meet our customers' rapidly changing needs.
• Structuring and negotiating a wide range of contracts (including complex technology agreements, customer and vendor agreements) to drive issuer, merchant acceptance and adoption of our CNPF products and services.
• Collaborating with in-house and external specialists (including regulatory, compliance, data protection, and intellectual property counsel) to identify relevant issues and help the business effectively navigate legal risks.
• Providing support to the Commercial Verticals business development teams to support product sales initiatives.
• 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.
• Taking responsibility for high profile projects while continuing to handle a steady stream of day-to-day matters.
• Ensuring compliance with Mastercard's policies and procedures and providing applicable training to the business.
• Managing external counsel within agreed policy and budget.

All About You
• Qualified lawyer with a solid academic and training background, licensed in the relevant jurisdiction with at least seven years´ experience in the relevant fields of practice.
• Extensive legal experience, preferably including in-house work experience.
• Familiarity with laws and regulations in the commercial banking and payments space will be considered favorably.
• Ability to grasp complex new business concepts and develop and implement creative approaches to problems while identifying and balancing risks with results.
• Strong business acumen, and a keen interest in technology.
• Strong drafting and negotiating skills across a range of complex commercial contracts with excellent attention to detail and the ability to analyze and identify core legal issues.
• Exposure to a broad range of transactional, commercial and technology law issues.
• Strong working knowledge of data privacy and intellectual property issues.
• Team player and great attitude.
• Self-starter and ability to work independently.
• Experience working on global agreements, across multiple jurisdictions and time zones.
• Solutions-orientated and able to work flexibly, under pressure, and with tight deadlines.
• Lively interest in the business of Mastercard and an enjoyment of working in a fast-paced environment. Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

Corporate Security Responsibility


All 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;

  • Ensure the confidentiality and integrity of the information being accessed;

  • Report any suspected information security violation or breach, and

  • Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.

In line with Mastercard's total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. 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.

Pay Ranges

Purchase, New York: $187,000 - $300,000 USD Atlanta, Georgia: $163,000 - $261,000 USD


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