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Senior Counsel, Regulatory Affairs MEA in Cairo, Egypt

Mastercard
Cairo, Egypt
Posted 5 years ago
176People have clicked1 open position
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Job Description

Who is Mastercard?

We are the global technology company behind the world’s fastest payments processing network. We are a vehicle for commerce, a connection to financial systems for the previously excluded, a technology innovation lab, and the home of Priceless at https://www.priceless.com/ ®. We ensure every employee has the opportunity to be a part of something bigger and to change lives. We believe as our company grows, so should you. We believe in connecting everyone to endless, priceless possibilities.

Job Title

Senior Counsel, Regulatory Affairs MEA

MasterCard’s Global Regulatory team is responsible for liaising with key regulators and law enforcement officials for the purpose of preventing or minimizing the impact of adverse regulations on the company’s profitability and growth potential. This newly created position will report to the Senior Managing Counsel, Regulatory Affairs Middle East Africa (“MEA”) based in Johannesburg. This position is part of the Global Regulatory team from a functional perspective and MEA legal team from a regional perspective.

Overview

MasterCard’s Global Regulatory team is responsible for liaising with key regulators and law enforcement officials for the purpose of preventing or minimizing the impact of adverse regulations on the company’s profitability and growth potential. This newly created position will report to the Senior Managing Counsel, Regulatory Affairs Middle East Africa (“MEA”) based in Johannesburg. This position is part of the Global Regulatory team from a functional perspective and MEA legal team from a regional perspective.

Role

The Senior Counsel, Regulatory Affairs Middle East and Africa role will assist in managing various regulatory matters arising in the MEA region of MasterCard. This individual will:

  • Support the development and execution of regulatory strategy in the region
  • Proactively engage with central banks across the region to advance Mastercard’s business strategy across markets
  • Be generally responsible for regulatory legal support related to MEA region including drafting, review and negotiation of regulatory and legislative provisions.
  • Engage on the timely submission of regulatory filings and develop responses to requests in accordance with internal processes and procedures
  • Guide the organization by providing regulatory advice on various matters arising at the individual country level as well as the region level
  • Participate in multi dimensional projects across business units/regions, successfully navigating throughout the organization by partnering effectively with individuals from other departments and delivering results. Also Partner with regional/divisional management team in advising on issues related to regulatory risk.
  • Work together with and assist other departments as required, both on a local/regional and a global level such as but not limited to regional counsel and public policy teams
  • Participate in the defense of the company in proceedings or quasi- proceedings with regulators in the region
  • Work in close collaboration with the MEA Public Policy, Region Counsel teams and other members of the Law and Franchise Integrity Department in view of delivering an outstanding service to the business in a spirit of an integrated and streamlined approach which fits both into the local/regional and global strategy.
  • Manage external legal counsels in assigned countries.
  • Monitor legislative and regulatory developments
  • Support the business in its commercial and strategic objectives
  • Conduct local training/monitoring of global Law Department policies

Job Requirements

  • LLB or JD from an established and reputable law school
  • Fluency in English and Arabic (written and spoken) is a requirement. Excellent written and oral communication skills a must.
  • Experience in a regulatory position in a corporation, association or government context and/or as a regulatory attorney in a law firm (preferably in the payments industry, banking or financial services sector)
  • Knowledge of financial services regulations
  • Proven success in navigating multi-national organizations and operating effectively within a diverse multicultural organization
  • Must demonstrate a proactive, time sensitive, results driven approach in carrying out all duties, obligations and responsibilities

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