Senior Counsel, Real Time Payments

MasterCard; London; On-site; GBP 60,000 - 100,000; Full time

Job description

Our Purpose

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.

Title and Summary

Senior Counsel, Real Time Payments

Who is Mastercard?

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.

The Real Time Payments business is responsible for designing, building, and operating industry-leading bank account-based payment systems. Our technology powers payment solutions which underpin many economies, including the UK’s Faster Payments, Bacs, and LINK ATM systems and the U.S., Thailand, Singapore, Philippines, Saudi Arabia, Canada, Peru, as well as Sweden, Norway, and Denmark.

We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation, and delivers better results. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Position

Senior Counsel, Real Time Payments

Location

London, UK. As our team supports the business globally, the role may require the ability to support other time zones and some travel.

Overview

We are looking for an experienced lawyer to join our legal team, providing support and advice to the Real Time Payments business including our RTP UK and International business units which in some countries, are regulated.

If you are highly motivated, intellectually curious, analytical, and enjoy tackling legal challenges, this is the perfect opportunity for you.

Role

This role handles commercial contracting with customers, suppliers, and partners, product support, and general legal support matters for the business on a day-to-day basis, identifying and analysing relevant issues and helping the business effectively navigate legal and regulatory risks and implement appropriate controls, policies, and processes. Your key responsibilities will include:

1. Commercial Contracts: Draft, review, negotiate, and advise upon a variety of commercial agreements with our customers, suppliers, and other partners.
2. Stakeholder Management and Collaboration: Build and maintain strong relationships with internal stakeholders, working in collaboration with specialists (including compliance, regulatory, data privacy, and intellectual property counsel) providing strategic legal advice and support.
3. Product Support: Provide comprehensive legal support throughout the product lifecycle, from development to launch and beyond. Identify and help ensure our products comply with Mastercard policies, relevant laws, regulations, and industry standards.
4. External Counsel Coordination: Instruct and manage external legal advisors within agreed policy and budget.
5. Ad Hoc Legal Support: Deal with whatever the business throws at you by working with legal colleagues outside the team and, if necessary, external counsel.

Please note that the above is a guideline only. Roles within Mastercard evolve with the needs of the business and team.

All About You

1. Qualified Lawyer with a strong academic background. As a guide, we expect this role will be best suited to lawyers with 5+ years PQE but if you are outside that range and interested, we are happy to still consider your application.
2. Ability to identify key legal issues, put these into the context of the business you support and articulate those issues clearly with potential solutions/options.
3. Ability to quickly understand and maintain knowledge of complex products, services, and regulatory/legal frameworks.
4. Ability to identify regulatory, data privacy, and intellectual property issues and work with other teams to resolve them.
5. Strong drafting, writing, oral communication, and negotiating skills.
6. Strong experience in relationship building, stakeholder management, and partnering.
7. Can-do attitude, self-motivated, and able to drive delivery against objectives.
8. Excellent organisational skills and attention to detail.
9. Prior experience with commercial contracting, technology, and/or working in a regulated industry.
10. Prior experience of working in a regulated environment is considered a strong asset.
11. Prior experience in supporting product development, even if in a different industry, is considered a strong asset.
12. Experience as an in-house lawyer in a multinational company is desirable but not essential.
13. Interested in financial services, payments, and technology (prior experience? Even better).

Don’t meet every single requirement? Every person is unique. If you’re a qualified lawyer, excited about this role, looking to make an impact in a dynamic environment and you believe you can bring something special to our team, we’d love to hear from you.

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks come 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.