Senior Managing Counsel, Regulatory

Title & Summary

Senior Managing Counsel, Regulatory

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.

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

• 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, disability 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 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.

• 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
• 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…