MasterCard

Senior Managing Counsel

MasterCard$239K — $383K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of legal experience in payments and product development, focusing on money transmission and emerging technologies.
  • Demonstrated leadership experience in global teams and ability to influence senior stakeholders.
  • Strong understanding of multi-jurisdictional transactions and regulatory frameworks.
  • Expertise in risk management and compliance within the financial sector.
  • Comfortable advising on emerging legal fields such as blockchain technology.
  • JD (or equivalent) required with active bar membership.

Responsibilities

  • Serve as a trusted legal advisor for global product development in Cross-Border Services.
  • Partner with various departments to design and launch innovative financial solutions.
  • Draft, structure, and negotiate high-value agreements with financial institutions and fintechs.
  • Monitor global regulatory developments impacting the payments landscape and inform policy positions.
  • Collaborate with specialists to navigate legal and compliance risks effectively.
  • Develop legal playbooks and templates to streamline processes and ensure consistency.
  • Lead a team of product counsels, enhancing collaboration and professional growth.

Benefits

  • Comprehensive insurance coverage including medical, dental, and life insurance.
  • Generous paid leave policies including 16 weeks of new parent leave.
  • 401k plan with competitive company match.
  • Access to fitness reimbursement and on-site fitness facilities.
  • Tuition reimbursement opportunities for continued education.
Full Job Description
Title and Summary

Senior Managing Counsel

Overview
Transfer Solutions, a business unit within Mastercard's Commercial & New Payment Flows (CNPF) organization, delivers market-leading money movement solutions. We are seeking a Senior Managing Counsel/Vice President, to lead global product legal for Cross-Border Services.
This role provides proactive, globally-coordinated legal guidance to support product development, manage risk, and deliver practical solutions for the Cross-Border Solutions business team.
This position reports to the Assistant General Counsel, CNPF, and partners closely with the Cross-Border Services leadership team and cross-functional stakeholders.
Role
• Serve as a trusted legal advisor for global product development for Cross-Border Services, providing guidance on complex regulatory, commercial, and risk considerations.
• Partner with Product, Technology, Operations, Treasury, Commercialization, and other stakeholders to design and launch innovative solutions that meet evolving customer needs.
• Structure, draft, and negotiate high-value commercial and technology agreements with financial institutions, fintechs, and strategic partners.
• Monitor and interpret global regulatory developments impacting payments and inform policy positions in collaboration with internal and external stakeholders.
• Collaborate with specialists in Regulatory, Compliance, Privacy, Intellectual Property, and Competition to navigate risk effectively.
• Develop and maintain legal playbooks, templates, and approval processes to streamline execution and ensure consistency across markets.
• Provide legal frameworks for emerging capabilities, such as blockchain-based solutions.
• Lead and mentor a high-performing team of product counsels, fostering collaboration, inclusion, and professional growth.
• Create processes and provide training to enable compliant product development and commercialization.
• Engage and manage external counsel, when needed.
All About You
• Significant legal experience in payments and product development, preferably covering money transmission and emerging technologies.
• Proven ability to lead global teams and influence senior stakeholders in a complex, fast-paced environment.
• Expertise in multi-jurisdictional transactions, regulatory frameworks, and risk management.
• Comfort advising on emerging areas of law, such as blockchain-based solutions.
• Strong negotiation and advisory skills; ability to simplify complexity and drive practical outcomes.
• JD (or equivalent) required; active bar membership.
Location
Purchase or New York City, NY, with global collaboration and occasional travel.

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: $239,000 - $383,000 USD

New York City, New York: $250,000 - $400,000 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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