MasterCard Inc. (stylized as MasterCard from 1979 to 2016 and MasterCard since 2016) is an American multinational financial services corporation headquartered in the MasterCard International Global Headquarters in Purchase, New York. Throughout the world, its principal business is to process payments between the banks of merchants and the card-issuing banks or credit unions of the purchasers who use the "MasterCard" brand debit, credit and prepaid cards to make purchases.
Mastercard, Mumbai is expanding its legal team and inviting applications from legal professionals. The opening is for the Senior Counsel (Regulatory Affairs) Asia Pacific region.
Maintain awareness of all aspects of payment system regulation in India including the Payment and Settlement System Act, Foreign Exchange Management Act and related Directions and Circulars together with applicable competition law norms, and provide counsel on their implications to business operations and activities.
Draft and review communications with regulators including regulatory reporting and advocacy.
Attend meetings and discussions with Mastercard’s regulator in South Asia markets and potentially in other Asia Pacific markets and support all aspects of preparations including briefing papers, reports and responses to questions.
Communicate actual and prospective changes in laws and regulations and collaborate in impact assessment on Mastercard’s strategy and business growth.
Engage and manage relationships with outside counsels on research and analysis relevant to the role.
Be a tough and effective advocate in representing Mastercard, protecting its interests and enhancing the organization’s brand.
Lead relevant cross-functional initiatives as required.
Law Degree with an established and reputable institution.
Significant experience in a regulatory position in a corporation.
Track record as an advocate for corporate interests with a regulator(s).
Experience and/or knowledge of the regulation of financial services.
A demonstrable understanding of legal affairs relevant to technology and innovation.
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