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Senior Counsel, Regulatory Affairs and Privacy Specialist

2 months ago


Oslo, Oslo County, Norway Mastercard Full time
About the Role

We are seeking a highly skilled Senior Counsel, Regulatory Affairs and Privacy to join our team at Mastercard. As a key member of our Regulatory Affairs and Privacy team, you will play a critical role in shaping our regulatory strategy and ensuring compliance with relevant laws and regulations.

Key Responsibilities
  • Collaborate with business counterparts to prepare customer and regulator engagement materials, updates, reports, and presentations arising from regulated customer and/or direct regulatory requirements.
  • Work closely with Mastercard Payment Services (MPS) teams in Denmark to ensure regulatory compliance and effective risk management.
  • Provide expert advice and guidance to the business on proposed regulatory changes, including agreeing changes to controls and business models, implementing plans, and overseeing execution.
  • Lead negotiations on regulatory aspects of commercial contracts with third parties, including customers and suppliers.
  • Advise on payment system/payment scheme oversight and build strong relationships with key regulators.
  • Develop and maintain a deep understanding of laws and regulatory themes related to payments, banking/financial services, privacy, AI, data sovereignty, domestic payment schemes, and regulatory collaboration specific to Norway.
  • Manage outside counsel on relevant regulatory matters and provide additional support to the commercial legal team as required.
  • Work closely with other functional teams within Mastercard to drive business results and ensure regulatory compliance.
Requirements
  • Experience as a lawyer in reputable Norwegian law firms and/or in-house counsel in Norway.
  • Ability to establish an overview of complex regulatory matters and identify impact on our services or internal organization.
  • Experience with, or interest in, financial services regulation with emphasis on technology infrastructure, privacy compliance, operational resilience, and third-party risk management and outsourcing regulation.
  • Strong business acumen and solutions-oriented approach to ensure the business makes informed risk-based decisions.
  • Fluent in Norwegian (written and spoken) and fluent in English.
  • Law degree required, with any additional qualifications considered an asset.
  • Ability to interpret regulations and guidance to assess impact and develop practical solutions compliant with relevant laws.
  • Strong analytic capabilities and written and oral communication skills.
  • Ability to work on complex issues of significant importance, prioritize between substantial competing demands, and adapt to evolving priorities.
  • Good interpersonal skills with ability to work well in both team and individual settings.
Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks come with an inherent risk to the organization. Therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

  • 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.