Senior Managing Counsel, Blockchain & Digital Currencies and Foundry
Job Description
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 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 Managing Counsel, Blockchain & Digital Currencies and FoundryWho 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, or DQ, 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 is looking for an experienced lawyer to lead a highly agile legal team and to partner with the Mastercard’s Chief Innovation Officer and its Executive Vice President of Blockchain and Digital Currencies. In this role you will be located in New York City, Purchase, NY, San Francisco or London and will be responsible for managing a team of lawyers across various functions. You and your team will provide legal support and guidance to product developers building exciting and innovative products and solutions to be delivered at scale in global markets. This will include product development for emerging technology and advancing Mastercard’s blockchain and digital currency capabilities.
This role requires strong commercial knowledge and experience in the technology and financial/payment services space, with experience working with emerging technology including distributed ledger technology (DLT) and digital currencies. The role will act as an advisor for product and sales clients to help enable the delivery of the commercial objectives and business strategy. The ideal candidate is highly motivated, experienced at managing people, intellectually curious and analytical, dedicated to delivering strategic and hands-on legal support and partnership to develop the next generation of Mastercard product solutions focused on enabling the future of payments.
Role
As Senior Managing Counsel, you will be a member of the Law & Policy team supporting Mastercard’s Consumer Solutions businesses. You will take a major role in handling product development and support matters for the business on a day-to-day basis, identifying and analyzing relevant issues and helping the business effectively navigate legal and regulatory risks and implement appropriate controls, policies and processes. You will:
• Lead a team focused on legal support for the strategic development and daily operations of Mastercard’s global products and services, reporting into the Assistant General Counsel for Consumer Solutions.
• Manage a team responsible for providing tactical and strategic legal support related to products and solutions to advance Mastercard’s corporate objectives, including Mastercard’s digital currencies, blockchain and fintech strategy.
• Develop strong relationships with senior management, product development and business and sales clients.
• Collaborate with product, technology, regulatory, sales, franchise, marketing, communications and others to develop and launch innovative products and solutions that differentiate Mastercard and meet our customers’ and cardholders’ rapidly changing needs.
• Assist executive level clients, and others, in managing and mitigating legal, regulatory and commercial risks by providing solution oriented guidance.
• Assist in the monitoring and evaluation of applicable laws and government regulations affecting the operation and product development of Mastercard’s business.
• Inform policy and regulatory positions related to Mastercard’s products and innovation with relevant internal and external stakeholders.
• Advise from the concept through development to launch stage and beyond of various solutions and services:
o ensuring alignment and compliance of products and services with Mastercard’s policies, procedures and processes and with local and global regulatory and commercial laws;
o covering a broad range of commercial and contractual matters, including product and marketing legal review, non-disclosure agreements, pilot agreements, and bid process support;
o draft, review and negotiate a wide range of contracts (including complex technology agreements, customer and vendor agreements).
• Work in close collaboration with external and internal specialists (including data privacy and intellectual property counsel).
• Provide training as appropriate to legal, franchise, sales and product teams.
• Identify needed process improvements and efficiencies; own and execute solutions to support Mastercard’s transformation strategy and streamline processes to increase ease of doing business.
• Take responsibility for special projects while continuing to handle a steady stream of day-to-day matters.
• Instruct and manage external counsel within agreed policy and budget.
Please note that roles within Mastercard evolve with the needs of the business and department. Therefore, the above is a guideline and by no means comprehensive.
Location
This role will be based in New York City, Purchase, NY, San Francisco or London. As our team supports the business globally, the role may require some travel and ability to support other time zones.
All About You
• A qualified lawyer with a solid academic and training background, licensed to practice in New York.
• Experience in the financial services industry, emerging technology, fintechs, non-fungible tokens (NFTs), digital currencies, and the use of public and private blockchains.
• Exposure to a broad range of commercial and technology law issues including with respect to emerging technology and private and public blockchains.
• Experience working on products and solutions involving DLT and digital currencies and advising on related legal issues. Good working knowledge of NFTs, smart contracts, the regulatory landscape and legal issues relating to digital currencies.
• Experience across a range of commercial and technology contracts and the ability to analyze and identify the core legal issues, skilled at explaining technical problems succinctly and clearly.
• A working knowledge of data privacy and intellectual property issues and how they relate to emerging technology such as DLT and digital currencies.
• A fast learner who can gain rapid familiarity with complex products, services and legal frameworks and maintain knowledge of those changing products, services and legal frameworks.
• Solutions oriented with excellent time management, planning and organizational skills.
• Agile and flexible while working under pressure and with tight deadlines.
• Strong drafting, writing, oral communication and negotiating skills, able to communicate your vision and roadmap effectively to a wide variety of stakeholders.
• Exceptional interpersonal skills with proven experience in relationship building and partnering. Must work well in both team and individual settings.
• Strong business acumen.
• Language: Fluent English.In the US, Mastercard is an inclusive Equal Employment 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. If you require accommodations or assistance to complete the online application 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.
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.
In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance), flexible spending account and health savings account, paid leaves (including 16 weeks new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 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, gender-inclusive benefits and many more.
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