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Mastercard

Senior Managing Counsel/Vice President, Regulated Cross-Border Money Transmission

Posted An Hour Ago
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Hybrid
Boston, MA, USA
208K-400K Annually
Senior level
Hybrid
Boston, MA, USA
208K-400K Annually
Senior level
Lead global product legal for Cross-Border Services, advising on regulatory, commercial, and risk matters; draft and negotiate complex agreements; develop legal playbooks and frameworks (including emerging tech like blockchain); monitor global regulation; manage external counsel; and lead and mentor a team of product counsels to enable compliant product development and commercialization.
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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/Vice President, Regulated Cross-Border Money Transmission
Overview
Transfer Solutions, a business unit within Mastercard's Commercial & New Payment Flows (CNPF) organization, delivers market-leading money movement solutions. We are seeking a Senior Managing Counsel/Vice President, to lead global product legal for Cross-Border Services.
This role provides proactive, globally-coordinated legal guidance to support product development, manage risk, and deliver practical solutions for the Cross-Border Solutions business team.
This position reports to the Assistant General Counsel, CNPF, and partners closely with the Cross-Border Services leadership team and cross-functional stakeholders.
Role• Serve as a trusted legal advisor for global product development for Cross-Border Services, providing guidance on complex regulatory, commercial, and risk considerations. • Partner with Product, Technology, Operations, Treasury, Commercialization, and other stakeholders to design and launch innovative solutions that meet evolving customer needs. • Structure, draft, and negotiate high-value commercial and technology agreements with financial institutions, fintechs, and strategic partners. • Monitor and interpret global regulatory developments impacting payments and inform policy positions in collaboration with internal and external stakeholders. • Collaborate with specialists in Regulatory, Compliance, Privacy, Intellectual Property, and Competition to navigate risk effectively. • Develop and maintain legal playbooks, templates, and approval processes to streamline execution and ensure consistency across markets. • Provide legal frameworks for emerging capabilities, such as blockchain-based solutions. • Lead and mentor a high-performing team of product counsels, fostering collaboration, inclusion, and professional growth. • Create processes and provide training to enable compliant product development and commercialization.• Engage and manage external counsel, when needed.
All About You• Significant legal experience in payments and product development, preferably covering money transmission and emerging technologies. • Proven ability to lead global teams and influence senior stakeholders in a complex, fast-paced environment. • Expertise in multi-jurisdictional transactions, regulatory frameworks, and risk management. • Comfort advising on emerging areas of law, such as blockchain-based solutions. • Strong negotiation and advisory skills; ability to simplify complexity and drive practical outcomes. • JD (or equivalent) required; active bar membership.
Location
Purchase or New York City, NY, with global collaboration and occasional travel.
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 [email protected] 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 and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. 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 of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 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; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.
Pay Ranges
Purchase, New York: $239,000 - $383,000 USD
Arlington, Virginia: $239,000 - $383,000 USD
Boston, Massachusetts: $239,000 - $383,000 USD
Chicago, Illinois: $208,000 - $333,000 USD
Miami, Florida: $208,000 - $333,000 USD
New York City, New York: $250,000 - $400,000 USD

Mastercard Boston, Massachusetts, USA Office

Our downtown Boston office is strategically located in the financial district, a short walk from South Station - one of the busiest transportation center in New England - and the Seaport District - a bustling, waterfront neighborhood and the tech hub of the city.

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