MasterCard Senior Counsel - Acceptance Solutions in Dubai, United Arab Emirates
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.
Senior Counsel - Acceptance Solutions
Job Title: Senior Counsel, EEMEA – MPGS
As Senior Counsel – EEMEA - Mastercard Payment Gateway Services (MPGS) will be a key member of the legal team supporting the MPGS division, with a particular focus on EEMEA.
MPGS is a global payment gateway provider offering a broad range of merchant and acquiring payment solutions and value added services.
You will serve as a trusted business partner and a key member of the regional legal team. The role will be based in Dubai (with hybrid working). The role will also have a dual reporting line into the Regional Senior Managing Counsel for EEMEA.
The role will require strong commercial and regulatory knowledge and experience in the financial services and payments sector. In this role you will support commercial initiatives including product development and innovation, and provide regulatory support in collaboration with Mastercard’s compliance & regulatory affairs teams, including advice, research and the monitoring of changes in laws that impact our products, services and existing licenses for each of the markets in which we operate. The role will also require legal support in connection with product distribution, contract negotiation, risk analysis and risk management, cardholder, anti-trust and consumer laws and communications, marketing reviews, and strategic partnership and general advice in conjunction with responsible management, stakeholders, and business leaders’ initiatives in the region.
The core responsibilities of this role are as follows:
Participating as a key member of the MPGS legal team driving innovation and growth of the products and services we offer
Working closely with, advising and supporting the Compliance and Regulatory Affairs teams (and other key stakeholders) to ensure compliance with all applicable regulatory compliance and licensing requirements and Group policies and procedures, including providing advice with respect to legal requirements relating to the provision of financial services, privacy, trade practices, corporations and companies law, anti-money laundering and counter-terrorism financing
Working closely with the business’ Product and Sales teams to advise on and support our, and our customers’ products and services
Product and services development & design, including end-to-end considerations to bring the products and services to market
Managing the engagement of, and the legal services provided by, external counsel with a view to ensuring efficiency, quality of services and cost-effectiveness
Advising key stakeholders of upcoming legislative developments and their potential impact on the business units and operations
Ensuring the business is provided with accurate, commercial and timely legal services
Preparing, reviewing and negotiating distribution agreements and other customer agreements
Preparing, reviewing and negotiating agreements with third party suppliers and other potential vendors and strategic alliance partners
Drafting and reviewing marketing materials and other external-facing collateral
Reviewing and providing legal advice on tender and RFP documents
• Liaising with relevant departments to ensure legal and other risks have been identified and appropriate courses of action have been taken
• Providing and interpreting legal information, design & conduct training and disseminating appropriate legal requirements to stakeholders
• Working closely with other stakeholders within Mastercard (e.g. Privacy, IP, Public Policy, Litigation, Anti-Trust and Employment teams)
• Advising and assisting other parts of the Global Consumer Solutions division and Mastercard generally in respect of various commercial, strategic and product development projects
All About You
• Bachelor of Laws or equivalent degree with current practicing certificate.
• Inhouse experience in a leading organisation or within private practice, with a proven track record in financial services, technology or payments, including regulatory matters, contract negotiation and drafting.
• Experience covering multiple jurisdictions, multiple large projects and competing priorities.
• Excellent relationship management and communication skills.
• The ability to identify and balance risk with results.
• Ability to provide clear, concise and independent advice (orally and in writing) to senior level management and translate complex legal principles into tangible business consequences.
• Ability to work independently, make practical, timely and solution-oriented decisions while demonstrating sound judgment throughout.
• Value add approach to both internal and external relationships, together with a sense of urgency.
• Strong relationship skills that drive customer-focused solutions.
• Self-motivated with a strong sense of team.
We value the safety of each member of our community because we know we’re all in this together. In many locations, which may change over time, we’ve implemented a virtual hiring process and continue to interview candidates by video or phone. In addition, in some locations, only individuals who have been fully vaccinated will be permitted inside Mastercard offices until further notice.
In the US, Mastercard is a government contractor, which may legally require most Mastercard employees to be vaccinated unless a verified approved medical or religious exemption is granted. Further, we are currently making every effort towards having employees return to work in the office 2 days per week, if that makes sense for their team. Everyone must be vaccinated to enter Mastercard offices at this time. Therefore, we expect all candidates to be vaccinated or to be approved for a medical or religious accommodation prior to commencing work at Mastercard.
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.
Requisition ID: R-171916