Counsel, IT​/Tech

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 Counsel Who  is Mastercard?

Mastercard is a global technology company in the payments industry. Our mission is 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. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Mastercard’s Consumer Products & Processing division comprises a broad range of product led programs, including our consumer credit, debit, prepaid product and issuer solutions teams, our issuer processing and prepaid program management business lines.

Overview As Legal Counsel – Consumer Products & Processing you will be a key member of the legal team supporting this division, with a particular focus on Mastercard Prepaid Management Services in the Asia Pacific region. Prepaid Management Services is a global prepaid card program services manager offering end-to-end program management services, including transaction processing, cardholder servicing, fraud monitoring, card and collateral design, card manufacture and card distribution.

Prepaid card products include travel cards, gift cards, corporate cards and ticketing solutions across a number of different countries in Asia Pacific, North America, South America, Europe, Middle East and Africa. Our largest market is Asia Pacific where we have programs in Australia, New Zealand, Japan, Korea and India. You will serve as a trusted business partner and a key member of the regional legal team.

The role will be based in Sydney (St Leonards office and remotely) and you’ll report to the Senior Managing Counsel, Consumer Solution, Core Payment (based in the UK) who has global legal responsibility for these divisions. The role also has a dual reporting into the Regional Senior Managing Counsel for Australasia.

Role 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 (e.g. AFSL) 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 Consumer Solutions & Processing legal team based in Asia Pacific driving innovation and growth of the products and services we offerEntity management and working with our third-party provider to support company secretarial matters within the Asia Pacific region 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…