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Senior Counsel, Regulatory

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Mastercard

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Job Description:

Mastercard’s global Regulatory organisation is looking for a Senior Counsel to join its Europe team, reporting to the Assistant General Counsel, Regulatory for Europe. The role will have lead responsibility for managing Mastercard’s oversight as a Systemically Important Payment System (SIPS) in Europe and a Recognised Payment System in the UK. It will be responsible for advising on the oversight requirements and related impacts across multiple areas of the business. The role is a legal, rather than a compliance role, but will work very closely with Mastercard’s regulatory compliance team on all aspects of oversight. In addition, the role will be involved in a number of other important regulatory issues across in Europe, including critical infrastructure designation, treasury/settlement issues, tax and technology modernisation.

Job Responsibility:

  • Provides advice and guidance on the SIPS Regulation, the PISA oversight framework and various Bank of England Codes and supervisory statements
  • Providing legal/regulatory advice to business stakeholders on the impact of oversight requirements on product development and technology and contributing subject matter expertise with respect to operational requirements, policies and procedures
  • In partnership with Compliance, engaging with the European Central Bank, National Bank of Belgium and Bank of England on oversight issues, as well as advocating and defending Mastercard’s position or approach
  • Assessing the impact of external regulatory initiatives on Mastercard, working across the business to develop positioning and drafting relevant consultation responses
  • Acting as a liaison to business and/or functional departments in connection with regulatory engagements including regulatory examinations, meetings and other interactions
  • Managing external counsel as necessary, and reviewing and analysing regulatory advice for advancing strategic initiatives

Requirements:

  • A lawyer qualified to practice within the Europe region, with mid-level experience
  • Ideally to have included time working in-house within a retail bank, regulated payments business or central bank/relevant regulator
  • A strong understanding of systemic importance / prudential regulation, combined with the role of Financial Market Infrastructures within the payments ecosystem
  • Solid understanding of relevant Europe payments regulation and the broader regulatory and policy landscape
  • Excellent written and verbal communication skills, combined with an ability to communicate complex regulatory issues in simple and concise terms
  • Must demonstrate a proactive, time sensitive, results driven approach in carrying out all duties, obligations and responsibilities
  • Experience of operating within a multi-faceted organisation working closely with a variety of teams – legal, public policy, communications, commercial, finance etc
  • Self-starter / motivated to work independently and as an effective team member
  • A strong commercial awareness, risk-based approach and “yes, if” attitude to providing regulatory advice

Additional Information:

Job Posted:
January 02, 2026

Employment Type:
Fulltime
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