MasterCard

Senior Counsel, Regulatory

MasterCard$204K — $325K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 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
  • Knowledge of the regulatory landscape for payments in the US
  • Experience at a government agency or in-house financial institution preferred
  • Proven communication skills for diverse audiences
  • Proactive and results-driven approach in responsibilities

Responsibilities

  • Lead Mastercard's regulatory strategy in response to changing regulations
  • Advise business teams on US banking and payments regulatory issues
  • Liaise with state and federal regulators regarding licensing requirements
  • Guide potential customers in membership applications and structures
  • Analyze evolving federal and state banking regulations
  • Collaborate with internal teams on cross-functional projects
  • Provide regulatory insights for product development

Benefits

  • Medical, dental, and vision insurance
  • Flexible spending and health savings accounts
  • 16 weeks of new parent leave
  • Up to 20 days of bereavement leave
  • 25 days of vacation and 5 personal days
  • 401k with a strong company match
  • Tuition reimbursement eligibility
Full Job Description
Senior Counsel, Regulatory Senior Counsel, Regulatory Overview: 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. Essential responsibilities for this role include: • 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 All about you: • 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 • Experience at a government agency or in-house financial institution is preferred • Experience from a law firm or global payments company will be considered • 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 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. 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. Pay Ranges Purchase, New York: $204,000 - $325,000 USD

About MasterCard

Transactis transforms traditional paper billing and payment processing by enabling businesses of all sizes to replace paper bills, statements, invoices, payments and documents with more efficient digital alternatives. Transactis goes to market exclusively with resellers—financial institutions, technology companies, printers and business process outsourcers—to provide their customers with secure, configurable, white-label, industry-leading SaaS solutions. More than a technology provider to resellers, Transactis is a full-service business partner, delivering a broad and deep suite of sales, marketing, technical and operational support, empowering resellers to more successfully serve their clients. Transactis meets the strictest regulatory and compliance requirements including HIPAA, SSAE 16, PCI Level 1, and SOC 2. Transactis’ investors include ff Venture Capital, MacAndrews & Forbes, Metamorphic Ventures, Safeguard Scientifics, StarVest Partners, Capital One, Fifth Third Bank, PNC, TD Bank and Wells Fargo.

MasterCard Careers

Joining MasterCard offers more than just a job opportunity; it's a gateway to a career infused with innovation, leadership, and growth. As a global leader in payment solutions, MasterCard is at the forefront of the digital economy, driving transformation in the fintech sector.

Work You’ll Do

At MasterCard, your work impacts the global economy. Our team is dedicated to shaping the future of commerce with advanced payment technologies and robust security measures. By joining our team, you will collaborate with some of the brightest minds in technology and business, contributing to projects that enhance how people pay and get paid across the world.

Innovate and Lead

MasterCard is synonymous with innovation. We encourage our professionals to lead with creativity and vision, supported by our substantial investments in technology and research. Our leadership in the digital payments space is not just about technology, but also about the innovative minds that drive our company forward.

Grow Your Career

Career growth at MasterCard is dynamic and rewarding. With a plethora of job opportunities ranging from internships to executive positions, your potential for advancement is limitless. Our commitment to professional development is evident through comprehensive leadership and diversity training programs that prepare you for the next steps in your career.

Be Part of Our Diverse Team

Diversity and inclusion are the bedrock of our company culture. MasterCard’s global team is rich in diverse perspectives, and we believe this is key to our innovation. By joining us, you become part of a culture that values every individual’s unique background and experiences.

Benefits and Culture

MasterCard is committed to supporting our employees’ well-being both inside and outside of work. Our benefits package is designed to enhance your life and help you build a rewarding career. From health and wellness programs to flexible working arrangements, we ensure that our team members are well taken care of.

Explore Job Opportunities

Whether you’re starting out with an internship or seeking a leadership role, MasterCard offers positions that challenge your skills and push you towards personal and professional achievements. Our hiring process is thorough, ensuring that we match the right talent to the right roles.

Networking and Professional Development

Networking at MasterCard goes beyond connecting with colleagues; it involves engaging with industry leaders and innovators who are shaping the future of commerce. Our employees have access to a wide range of networking events, workshops, and seminars that enhance their skills and career trajectories.

Join Our Team

Search open positions that match your skills and interests on the MasterCard Careers page. We are looking for passionate, curious, and innovative team players who are ready to make a difference in the world of digital payments.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. MasterCard is not just a company; it’s a place where you can shape your future and the future of commerce worldwide.

Apply Now

Ready to take the next step in your career? Update your resume, prepare for your interview, and apply for a position at MasterCard. Discover the exciting and rewarding opportunities that await you in a career at one of the world’s leading financial technology companies.

MasterCard Jobs and Careers

Empower your professional journey with MasterCard, where innovation, leadership, and growth come together to create transformative career experiences. Join us and make your mark in the evolving landscape of digital payments.
Learn more about MasterCard
Size
24,000 employees
Market Cap
$330.8 billion
Industry
Net Income
$6.4 billion
Founded
1966
5 Year Trend
+11.9%
Revenue
$15.3 billion
NASDAQ

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