Senior Counsel - Commercial and New Payment Flows - Acceptance

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 Counsel - Commercial and New Payment Flows - Acceptance Who is Mastercard? We are the global technology company behind the world’s fastest payments processing network. We are a vehicle for commerce, a connection to financial systems for the previously excluded, a technology innovation lab, and the home of Priceless®. We ensure every employee has the opportunity to be a part of something bigger and to change lives. We believe as our company grows, so should you. We believe in connecting everyone to endless, priceless possibilities. Job Title: Senior Counsel Overview • Mastercard is seeking an experienced attorney to be responsible for providing comprehensive, end-to-end, strategic support to our global Commercial and New Payment Flows business, with a focus on development of new products and Services focused primarily on commercial card acceptance. • Mastercard’s Commercial and New Payment Flows is responsible for building and commercializing products and services to reduce complexity, cut costs and automate processes in the B2B and travel payments ecosystems. The team is also tasked to grow Mastercard’s market share in large market corporates and Travel and Entertainment cards. • The Commercial and New Payment Flows team builds relationships within the merchant community to expand acceptance and drive revenue and supports our co-brand, commercial, and public sector customers as well as our acquirers and processors. Role The scope of work will include contract drafting and negotiation; product development; regulatory, privacy, and compliance assessments; risk analysis; and support of the development and distribution of Commercial offerings supporting our acceptance portfolio (including drafting and negotiating contracts, assessing privacy implications, and legal risk management related to B2B payment automation). The Key responsibilities for the role include: • Acting as a day-to-day advisor for our sales clients by partnering with the business and legal specialists to deliver on strategy, including expanding commercial card acceptance; and securing Mastercard’s share with merchants, acquirers, prepaid program managers, issuers and digital partners. • Advising business on a wide range of commercial and contractual matters including legal and business risk assessment; and analysis on diverse matters from new product constructs to commercial agreements. • Collaborating with internal subject matter experts to better understand and be able to advise holistically on our products and relevant regulatory, compliance, privacy and antitrust issues. • Providing support to the Commercial Solutions business development teams to support product sales initiatives • Autonomously structuring, drafting, reviewing, and negotiating complex customer agreements, including identifying legal and business risks and recommending solutions. • Engaging on strategic relationships and partnership agreements with our digital partners. • Training and educating clients on processes, risks, changes in laws and regulations and the regulatory landscape of different regions on an ongoing basis. • Partnering with regional compliance leads to ensure products and services comply with corporate policies, such as gifts and hospitality, anti-bribery and anti-corruption and third party on-boarding. • Identifying needed process improvements and efficiencies; owning and executing solutions to support our transformation strategy and driving ... (truncated, view full listing at source)