Senior Counsel - Commercial Solutions (Healthcare Product)
O'Fallon, MO
| Employer: | Mastercard |
| Category: | Legal |
| Job Type: | Full Time |
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Our Purpose We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team - one that makes better decisions, drives innovation and delivers better business results. Title and Summary Senior Counsel - Commercial Solutions (Healthcare Product) Overview • Mastercard is seeking an experienced attorney to be responsible for providing comprehensive, end-to-end, strategic support to our global Commercial and New Payment Flows business, with a focus on development and commercialization of new products and Services for healthcare payments. • Mastercard's Commercial and New Payment Flows business is responsible for building and commercializing products and services to reduce complexity, cut costs and automate processes in the B2B, healthcare, and travel payments ecosystems. The team is also tasked to grow Mastercard's market share in Corporate, Small Business, and Travel and Entertainment cards. • The Commercial and New Payment Flows team builds relationships within the merchant community to expand acceptance and drive revenue and supports our co-brand, commercial, and public sector customers as well as our acquirers and processors. Role The scope of work will include contract drafting and negotiation; product development; regulatory, privacy, and compliance assessments; risk analysis; and support of the development and distribution of Commercial and SME Solutions offerings, particularly those supporting our healthcare vertical (including drafting and negotiating contracts, assessing privacy implications, and legal risk management related to B2B payment automation). The Key responsibilities for the role include: • Acting as a day-to-day advisor for our sales clients by partnering with the business and legal specialists to deliver on strategy, including expanding Mastercard acceptance; and securing Mastercard's share with merchants, acquirers, prepaid program managers, issuers and digital partners. • Advising business on a wide range of commercial and contractual matters including legal and business risk assessment; and analysis on diverse matters from new product constructs to emerging law to commercial agreements. • Collaborating with internal subject matter experts to better understand and be able to advise holistically on our products and relevant regulatory, compliance, privacy, and antitrust issues. • Providing support to the Commercial Solutions business development teams to support product sales initiatives. • Autonomously structuring, drafting, reviewing, and negotiating complex customer agreements, including identifying legal and business risks and recommending solutions. • Engaging on strategic relationships and partnership agreements with our digital partners. • Training and educating clients on processes, risks, changes in laws and regulations and the regulatory landscape of different regions on an ongoing basis. • Partnering with regional compliance leads to ensure products and services comply with corporate policies, such as gifts and hospitality, anti-bribery and anti-corruption and third party on-boarding. • Identifying needed process improvements and efficiencies; owning and executing solutions to support our transformation strategy and driving towards streamlining processes to increase ease of doing business. All About You • Qualified lawyer with a solid academic and training background, with at least 7 years of experience, licensed to practice in the relevant jurisdiction. • 3+ years in the pharmaceutical, biotech or healthcare industry, or at a law firm supporting those industries, including experience in privacy law (HIPAA, WHMDA and similar state health privacy laws) and commercial/medical-related matters. Experience with health regulatory compliance strongly preferred. An interest to expand knowledge base beyond healthcare. • Experience reviewing and advising on the development of external facing marketing, user content, and user experiences • Able to work independently and collaboratively, spot issues, prioritize and multi-task effectively in a fast-paced sales environment. • Keen business insight and strong communication skills to interact confidently and effectively with internal clients, Mastercard customers and law and policy colleagues, including senior management and Mastercard executives • Complex transactional legal experience at a reputable law firm or as an in-house counsel • Strong drafting and negotiating skills with the ability to understand and simplify complex concepts, issues and deal structures. • A team player, willing to take on responsibilities and roles that support the team, department, region and the company. • Considered favorably: Candidates with in-house work experience, those with familiarity of law/regulations in the banking and payments space, those with experience in pharmaceuticals. • JD or equivalent from an accredited law school; admitted to and in good standing with the NY bar. Purchase, New York: $187,000 - $300,000 USD New York, New York: $196,000 - $313,000 Arlington, Virginia: $187,000 - $300,000 USD Atlanta, Georgia: $163,000 - $261,000 USD O'Fallon, Missouri: $163,000 - $261,000 USD Salt Lake City, Utah: $163,000 - $261,000 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:
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