Senior Managing Counsel, Regulatory
Summary of Relevant Experience
Summary of Experience – Senior Managing Counsel, Regulatory @ Mastercard
- JD/MBA-credentialed regulatory attorney with approximately four years of in-house legal experience spanning ERISA, HIPAA, employment law, and healthcare compliance across multiemployer funds and a Fortune 500 insurer, providing a foundation for complex financial services regulation.
- In-house counsel who led regulatory compliance programs, drafted and implemented governance policies, and reported directly to C-suite executives on emerging legal obligations and compliance program status.
- Litigation and compliance leader who managed outside counsel, coordinated regulatory interactions, and conducted M&A due diligence within large, matrixed organizations operating in heavily regulated industries.
- Legal advisor who delivered subject-matter guidance to business stakeholders on operational requirements, policy development, and risk mitigation, supporting product and operational teams in regulated healthcare and financial services environments.
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Why this is a fit
The function (regulatory counsel/compliance in financial services) aligns with your legal background, and Mastercard is squarely in your target industry; however, this role requires deep payments regulation and money-transmitter licensing expertise you don't have, and at $250K–$400K NYC base it targets a VP/Managing Director level that exceeds your senior manager–senior director band.
About the role
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 Managing Counsel, Regulatory Overview The Global Regulatory team is looking for a Senior Managing Counsel, Regulatory to lead the MTS Regulatory team and drive the regulatory compliance program for MTS’s global portfolio of money transmission/payment services licenses. The ideal candidate is a seasoned regulatory attorney with demonstrated expertise in payments regulation and a compliance champion with deep experience in building and supporting compliance management programs. Role In this position, you will: Develop and execute regulatory strategy, including regulator engagement and advocacy efforts Serve as a liaison to business and/or functional departments in connection with regulatory engagements including regulatory examinations, meetings and other interactions. Manage external counsel as necessary, and review and analyze regulatory advice for advancing strategic initiatives Provide regulatory advice to business stakeholders on product development and operational matters, providing subject matter expertise with respect to operational requirements, policies, and procedures to comply with applicable regulatory obligations. Drive the design and implementation of compliance management policies and controls to effectively manage the regulatory risks related to account-to-account money transfer activity. Provide periodic reports to senior management on emerging regulatory obligations and the state of the regulatory compliance program. Coordinate regulatory examinations and management responses. Identify and manage regulatory changes, assisting product owners to develop creative solutions to address new requirements. Maintain strong industry knowledge of regulations, changes, trends and impacts to the business. All About You JD from an established and reputable law school Experience managing regulatory supervision is a must Experience in cross-border payments, and developing and managing related regulatory compliance programs for large bank or non-bank financial institution Dynamic leader with experience managing a global team, managing executive stakeholders, and gaining buy-in for enabling strategy Proven success in navigating a multi-national organization and operating effectively within a diverse multicultural organization Self-starter / motivated to work independently and as an effective team member Must demonstrate a proactive, time sensitive, results driven approach in carrying out all duties, obligations and responsibilities Strong analytic capabilities and excellent written and oral communication skills Knowledge of Money Transmitter regulations and license requirements is preferred 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. Corporate Security Responsibility All activities involving access to Mastercard assets, information, and networks comes with