Title and SummarySenior Managing Counsel, Regulatory
Mastercard's Global Regulatory team is responsible for liaising with regulators around the globe for the purpose of meeting its supervisory obligations as well as minimizing and addressing the impact of regulations on the company. This position will drive the execution of the regulatory strategy across technology infrastructure, operational and enterprise resilience, and supplier ecosystems, ensuring alignment with evolving global regulatory expectations while enabling business growth and innovation. This role will report to the SVP Regulatory.
Role
The VP, Senior Managing Counsel will be responsible for:
• Defining the regulatory obligations relating to infrastructure/technology, operational and enterprise resilience and supplier management ( third party risk management and intercompany agreements) requirements across Mastercard's platforms
• Leading the engagement with regulatory colleagues across the globe in providing advice on regulatory regimes for technology/infrastructure, operational and enterprise resilience and supplier management in line with regulatory strategy
• Driving cross-functional alignment with legal colleagues on the necessary regulatory requirements of commercial contracts with third parties relating to technology and infrastructure deals to ensure business enablement
• Define and implement scalable regulatory approaches to technology and operations, third-party risk management, intercompany agreements, and enterprise resilience obligations to manage enterprise risk arising from existing regulations and compliance with evolving regulatory changes
• Owning and overseeing enterprise execution with cross-functional stakeholders (Regulatory, Supplier Management (ICA's and Third Party Risk Management), Technology Regulatory Execution, and relevant lines of business) to ensure a coordinated execution of regulatory obligations across infrastructure and related regulatory framework alongside Mastercard's other regulatory obligations
Experience Required:
• JD from an established and reputable law school
• Experience with infrastructure, technology, operational and enterprise resilience, supplier management and possess a high level of understanding of the regulatory frameworks applicable to such businesses
• Experience translating/interpreting complex regulations into clear operational guidance for technology/infrastructure, resilience, and supplier management teams
• Experience in a regulatory position in a corporation, law firm or government context, working in the payments, banking or financial services sector
• Demonstrated ability to influence executive stakeholders and regulators globally
• Experience leading global regulatory strategy in highly regulated environments
• Strong executive presence and decision-making capability in ambiguous environments
• Must demonstrate excellent written and oral communication skills
• Proven success in navigating multi-national organizations and operating effectively within a diverse multicultural organization
• Must demonstrate a proactive, time sensitive, results driven approach in carrying out all duties, obligations, and responsibilities
Corporate Security ResponsibilityAll 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 RangesPurchase, New York: $239,000 - $383,000 USD
