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Company: Mastercard
Location: Purchase, NY
Career Level: Associate
Industries: Banking, Insurance, Financial Services

Description

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 - Privacy & Data Protection Overview
• Mastercard is committed to balancing innovation while protecting individual privacy and has embraced privacy and data protection as core to the successful execution of our business strategy. As part of that commitment, Mastercard has established a world-class privacy program and is adding talent to our global team.
• The Counsel – Privacy & Data Protection role will ensure compliance with privacy and data protection laws while enabling data-driven innovation, with particular focus on supporting Mastercard's Open Banking business in North America.
• The position will report to the Senior Managing Counsel, Privacy & Data Protection who provides global privacy support for open banking, and will serve as a member of both the Global Privacy & Data Protection team and the Law Department.
• The ideal candidate will have the ability to think and act both strategically and tactically with respect to the needs of business clients and their objectives while ensuring that the corporation remains compliant with privacy and data protection laws and other laws relating to data as well as industry best practices in the open banking space.

Role
• Engage with business and legal stakeholders to conduct privacy by design reviews for new open banking products and services, including products that support consumer access to financial data.
• Among other things, this involves advising on the intersection between existing privacy laws and other data-related compliance requirements as they pertain to the collection and use of consumer financial information in connection with various open banking products or services—including developing business-friendly legal guidelines for these activities while following the Mastercard privacy by design process.
• Identify business requirements resulting from new and evolving privacy and data protection laws and regulations, and provide guidance on the impact of these requirements on existing products and services in the open banking space.
• Perform detailed data flows and analyses of laws and regulations in collaboration with open banking product teams to enable business operations.
• Collaborate with other internal stakeholders on regional privacy analysis and advice relating to global open banking products and services, including helping advise on data governance controls to support compliance with applicable laws.
• Negotiate complex data-related agreements, quickly identifying the legal and strategic implications of contractual terms and conditions.

All About You
• JD from an accredited law school and admitted to practice in the US.
• Demonstrated experience advising companies on privacy compliance and data-related issues.
• Demonstrated familiarity with understanding data flows and the associated privacy implications.
• Expertise in US privacy and data regulatory laws and frameworks, and familiarity with the GDPR and privacy principles that are common across global laws and regulations.
• Demonstrated experience in advising on consumer-facing products or services, with preference for experience in the financial services or open banking industry.
• Experience negotiating data protection terms in contracts.
• Strong analytic capabilities and written and oral communication skills.
• Exceptional interpersonal skills with proven experience in relationship building and partnering with legal, business, and technical colleagues.
• Familiarity with Privacy by Design methodologies.
• Strong writing skills and ability to simplify technical material for other audiences, including business teams, legal departments, and regulators.
• An ability to acquire a deep understanding of Mastercard products and services in the open banking space.

Pay Ranges

Purchase, New York: $151,000 - $241,000 USD Mastercard is an inclusive equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

Corporate Security Responsibility


All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, 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, and

  • Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.

In line with Mastercard's total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary based on location, experience and other qualifications for the role and may be eligible for an annual bonus or commissions depending on the role. 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 new parent leave, up to 20 paid days bereavement leave), 10 annual paid sick days, 10 or more annual paid vacation days based on level, 5 personal days, 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, gender-inclusive benefits and many more.


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