Mastercard Inc. is an American multinational payment card services corporation headquartered in Purchase, New York. It offers a range of payment transaction processing and other related-payment services.
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Provides advice and guidance on the SIPS Regulation, the PISA oversight framework and various Bank of England Codes and supervisory statements to Regulatory colleagues and internal business teams most impacted by oversight, building close trusted relationships and establishing a reputation as the subject matter expert
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
All About You
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