Job Information
Mastercard Senior Counsel in Singapore, Singapore
Our Purpose
We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion (https://www.mastercard.us/en-us/vision/who-we-are/diversity-inclusion.html) 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 business results.
Title and Summary
Senior Counsel
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. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential.
Our decency quotient drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
Overview
Mastercard’s Real Time Payments (RTP) Team is looking for a Senior Counsel to join an established team supporting the RTP International business.
The RTP business is responsible for designing, building and operating industry-leading bank account-based payment systems. Our technology powers the account-to-account payment solutions which underpin many economies, including in the U.S., Thailand, Singapore, Philippines, Saudi Arabia, Canada, Peru, Sweden, Norway, Denmark and the United Kingdom.
We are looking for a candidate who will be passionate about the payments business, highly motivated, intellectually curious, analytical, and possesses an entrepreneurial mindset.
Key Aspects of the Role
• Partnering with RTP business stakeholders and Mastercard Regulatory colleagues to support responses to supervisory expectations and consultative responses on applicable proposed regulation;
• Providing incisive, business-friendly explanations and advice to senior management;
• Communicating effectively to all levels of senior management through updates and clear, concise presentations;
• Anticipating the evolution of the applicable regulatory frameworks relevant to the RTP International business and monitoring for relevant regulatory change and working in close coordination with internal stakeholders in determining the impact of regulatory changes;
• Coordinating with regional Mastercard Regulatory colleagues to understand evolution of international regulation which may affect the RTP International business
• Building and maintaining a strong working knowledge of laws and regulatory themes relating to payments infrastructure, as well as broader banking and financial services;
• Being a tough and effective advocate for the RTP business through the coordination and drafting of submissions, talking points and other materials, to protect business interests and enhancing the brand;
• Managing outside counsel on relevant regulatory matters.
All About You
We are looking for someone who is well-rounded, can work independently and is not afraid to “roll their sleeves up and get stuck in”. It is about being creative in solving issues where the focus is not on “winning at any cost” but on helping the RTP business to be successful. A track record of success in legal practice in fields drawn from regulation, technology, finance, corporate, and commercial would be preferable and experience of working within the Payments sector an advantage, but not essential. Excellent written and oral communication skills and a time sensitive and results driven approach to work are prerequisites.
Equality, Diversity and Inclusion are priorities at Mastercard – we welcome and promote diversity amongst our people and firmly believe that our team has to represent the people we serve; diversity of thinking is critical to the success of any business, and this is as true in the legal function as elsewhere in the organisation.
A Bit More About Us
This role will be based in Singapore or Malaysia but we partner with colleagues around the world.
At Mastercard you will work alongside innovators and leaders in payments, data, banking and financial services all of whom are proven practitioners who understand how to meet the evolving needs of businesses and consumers. Our engineers, product specialists and developers are leaders too, drawing on experience from within and outside financial services to deliver transformational payments solutions.
We are driven by the belief that whatever we do as a business has to be done in the right way. The Mastercard Way is fundamental to our approach: Create Value; Grow Together; and Move Fast and is underpinned by our commitment to Do the Right Thing – being decent, inclusive and a force for good, is at the core of who we are as a company.
Working as part of the RTP team is demanding. We are at the forefront of account-to-account payments, and we recognise this can be challenging at times. Equally, we want you to enjoy working for us. No-one will question you taking ‘time-out’ in the middle of the day to help recharge your batteries, or just sitting outside with a cup of tea. Output is what counts. Furthermore, we understand the importance of connecting with each other – so, if you share an interest with others at Mastercard, then there is probably a Business Resource Group of like-minded individuals that you can join.
Corporate Security Responsibility
All 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.