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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 development of new products and Services focused primarily on commercial card acceptance. 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 large market corporates 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.
Job Responsibility
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 commercial card acceptance
and securing Mastercard’s share with merchants, acquirers, prepaid program managers, issuers and digital partners
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
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 Solutions 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 needed process improvements and efficiencies
owning and executing solutions to support our transformation strategy and driving towards streamlining processes to increase ease of doing business
Requirements
Qualified lawyer with a solid academic and training background
in-house work experience
familiarity of law / regulation in the banking, remittance and payments space
licensed to practice in the relevant jurisdiction
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, technologies, 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
admitted to and in good standing with the NY bar
Nice to have
Candidates with in-house work experience, those with familiarity of law/regulations in the banking and payments space