About the Role
Mastercard is seeking an experienced attorney to provide comprehensive, end-to-end, strategic support to its global Commercial and SME Solutions business, with a focus on developing new products and services for SMEs. The role involves contract drafting, negotiation, product development, regulatory and compliance assessments, and risk analysis for Commercial and SME Solutions offerings.
Responsibilities
- Act as a day-to-day advisor for SME clients by partnering with the business and legal specialists to deliver on strategy, including expanding Mastercard acceptance and securing Mastercard’s share with merchants, acquirers, prepaid program managers, issuers and digital partners.
- Advise 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.
- Collaborate with internal subject matter experts to advise holistically on products and relevant regulatory, compliance, privacy and antitrust issues.
- Provide support to business development teams to enable and support product sales initiatives.
- Autonomously structure, draft, review, and negotiate complex customer and vendor agreements (such as Master Services, SaaS, Software and Data Licensing Agreements), identifying legal and business risks and recommending solutions.
- Engage on strategic relationships and partnership agreements with digital partners.
- Train and educate clients on processes, risks, changes in laws and regulations and the regulatory landscape of different regions on an ongoing basis.
- Partner 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.
- Identify needed process improvements and efficiencies; own and execute solutions to support transformation strategy and drive towards streamlining processes to increase ease of doing business.
Requirements
- Qualified lawyer with a solid academic and training background, licensed to practice in the relevant jurisdiction.
- Able to work independently and collaboratively, spot issues, prioritize and multi-task effectively in a fast-paced sales environment.
- Possess 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 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 in the relevant jurisdiction.
Skills
- Contract drafting and negotiation
- Product development
- Regulatory and compliance assessments
- Risk analysis
- Commercial agreements
- Customer and vendor agreements
- Master Services agreements
- SaaS agreements
- Software licensing agreements
- Data licensing agreements
- Strategic relationships
- Partnership agreements
- Digital partner engagement
- Legal risk management
- Payments automation
- Trade platforms
- Technology background
- Banking law
- Payments law
- AI governance and regulations
- Open banking
Location
- New York City, New York
Work Type
- Full-time
Experience Level
- At least 7 years of experience
Education Level
- JD or equivalent from an accredited law school
Salary/Compensations
- $212,000 - $340,000 USD
Benefits
- 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
- 5 personal days
- 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
About the Company
- Mastercard powers economies and empowers people in 200+ countries and territories worldwide.
- Together with our customers, we’re helping build a sustainable economy where everyone can prosper.
- We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible.
- Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Equal Opportunity
- Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.
- We hire the most qualified candidate for the role.
- In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.
