Description
Mastercard's Cross-Border Services Treasury Counsel team is seeking a Senior Counsel/Director to provide strategic legal support for treasury operations and global cross-border payment flows.
The successful candidate will advise on legal issues relating to treasury operations for cross-border money movement, including prefunding, settlement, reconciliation, liquidity, safeguarding, customer funds management, bank account structures, and intercompany funding arrangements.
Key responsibilities:
- Support the development and launch of cross-border payment products by identifying and advising on legal and regulatory considerations
- Draft, review, and negotiate treasury-related agreements, including bank account documentation and liquidity and credit facilities
- Partner with Regulatory, Compliance, and Risk teams on AML/KYC, sanctions, consumer protection, and related requirements
- Review and support policies, procedures, and controls relating to treasury governance, customer funds protection, and liquidity risk
- Provide legal support for expansion into new markets, including funds flow analysis and local banking and settlement arrangements
- Collaborate with Treasury, Product, Operations, and Technology teams to design scalable treasury processes and support incident response
- Monitor legal and regulatory developments affecting cross-border payments, money transmission, and treasury operations
- Develop templates, playbooks, approval workflows, and training materials to promote consistent and efficient legal support
Requirements:
- Significant experience advising financial institutions, fintechs, payment companies, or other regulated financial services businesses on complex legal and regulatory matters
- Strong understanding of treasury operations, cash management, liquidity, settlement, FX, and financial counterparty documentation
- Experience with legal and regulatory frameworks relevant to money transmission, cross-border payments, AML/KYC, and safeguarding of funds
- Demonstrated ability to analyze complex funds flows and translate legal advice into practical recommendations
- Excellent drafting, negotiation, analytical, and communication skills
- JD or equivalent legal qualification required; active bar membership or equivalent authorization to practice law in at least one relevant jurisdiction