Senior Managing Counsel, Regulatory

About the role

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.

Responsibilities

• 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

Requirements

• 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

Qualifications

• 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

Skills

• 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

Benefits

• All 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.
• All 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

Pay ranges may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. The base salary offered may be between $208,000 - $400,000 USD.

Schedule

Full-time position.