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Job Title:Senior Counsel - Privacy & Data ProtectionOverview: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 Senior Counsel role will ensure compliance with credit risk and privacy and data protection laws while enabling data-driven innovation, with particular focus on supporting the Data & Services (“D&S”) organization within Mastercard.• The position will report to the Senior Managing Counsel, Privacy & Data Protection who provides global privacy support for D&S, and will serve as a member of both the Global Privacy & Data Protection team and the Law & Policy team.• 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 credit risk and data protection laws and other laws relating to data as well as industry best practices in the credit risk area.Role• Engage with business and legal stakeholders to conduct privacy by design reviews for new D&S products and services, including for products relating to credit risk.• Among other things, this involves advising on the intersection between privacy laws, credit reporting laws, and other data-related compliance requirements as they pertain to data analytics offerings, consulting services, marketing services, and other products developed by D&S—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 credit risk laws and regulations, and provide guidance and thought leadership on topics relevant to the D&S organization, including but not limited to alternative credit risk solutions, data anonymization, and the application of artificial intelligence capabilities to the credit risk and data analytics space.• Collaborate with other internal stakeholders on regional privacy analysis and advice relating to global D&S products and services, including helping design controls for data environments used to support credit risk analytics.• Monitor changing global laws relating to permissible use of credit data and regulatory registration requirements, facilitate the review of local requirements, develop internal legal guidelines to promote consistency in credit risk projects within Mastercard, and support the drafting and negotiation of credit-related and other data processing contract terms.• Educate the business on privacy and credit risk developments and controls for the further development of D&S products and services.• Where necessary, identify, document and update a range of stakeholders including executives on identified privacy and credit risk compliance gaps and recommended remedial measures.All About You• JD from an accredited law school and admitted to practice in the US.• Demonstrated experience advising companies in the credit risk analytics space on privacy, credit risk, and data-related issues.• Demonstrated familiarity with data analytics, computer science, and/or mathematics preferred.• Expertise in credit reporting laws and regulations, as well as global privacy and data regulatory laws and frameworks, including the GDPR and privacy principles that are common across global laws and regulations.• Demonstrated experience in relevant technologies including data anonymization, privacy enhancing technologies, and artificial intelligence, and familiarity with ethical frameworks, data governance, and accountability.• Familiarity with emerging technologies and associated credit risk and privacy implications.• 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.• Ability to motivate and influence highly-skilled professionals to achieve major organizational goals.• 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 understanding of the credit risk industry in general, accompanied by an ability to acquire a deep understanding of Mastercard products and services in this space.#AI3Pay Range:Purchase, New York: $187,000 - $300,000 USDBoston, Massachusetts: $187,000 - $300,000 USDArlington, Virginia: $187,000 - $300,000 USDSeattle, Washington: $187,000 - $300,000 USDMiami, Florida: $163,000 - $261,000 USDO'Fallon, Missouri: $163,000 - $261,000 USDSalt Lake City, Utah: $163,000 - $261,000 USD
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What You Should Know About Senior Counsel - Privacy & Data Protection, Mastercard

Join Mastercard as a Senior Counsel - Privacy & Data Protection in O'Fallon, MO, where our commitment to innovation pairs seamlessly with a robust approach to protecting individual privacy. In this pivotal role, you will navigate the complex landscape of privacy laws while providing strategic legal guidance to our Data & Services team. You'll work closely with various stakeholders to conduct privacy by design reviews for new products and services, ensuring compliance with credit risk and data protection laws. Your expertise will shine as you help interpret industry best practices and legal requirements, paving the way for innovative solutions in credit risk analytics. With a focus on collaboration, you'll engage with internal teams to design necessary controls, monitor evolving global regulations, and educate the business on developments in privacy and credit risk. The ideal candidate will bring a JD from an accredited law school, a strong background in privacy and credit risk analytics, and a passion for technology. If you're looking to influence how a globally recognized organization approaches data-driven innovation while prioritizing compliance, this role offers a unique opportunity to lead and innovate at Mastercard.

Frequently Asked Questions (FAQs) for Senior Counsel - Privacy & Data Protection Role at Mastercard
What responsibilities does a Senior Counsel - Privacy & Data Protection at Mastercard handle?

A Senior Counsel - Privacy & Data Protection at Mastercard is responsible for ensuring compliance with credit risk and privacy laws. This includes conducting privacy by design reviews, advising on legal guidelines for data analytics offerings, and collaborating with stakeholders to manage compliance gaps. The role also involves monitoring changes in global regulations and educating internal teams on relevant developments.

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What qualifications are required for the Senior Counsel - Privacy & Data Protection position at Mastercard?

Candidates for the Senior Counsel - Privacy & Data Protection role at Mastercard must have a JD from an accredited law school and must be admitted to practice law in the US. Additionally, candidates should have demonstrated experience in advising on privacy and credit risk issues, as well as familiarity with technologies like artificial intelligence and data anonymization.

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How does a Senior Counsel - Privacy & Data Protection contribute to Mastercard's innovation efforts?

The Senior Counsel - Privacy & Data Protection at Mastercard plays a crucial role in driving innovation by ensuring that new products and services comply with legal standards while leveraging data analytics capabilities. This involves advising on the intersection of privacy and credit reporting laws, which supports the development of safe and compliant new offerings aligning with the company's strategic goals.

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What skills are essential for success as a Senior Counsel - Privacy & Data Protection at Mastercard?

Success in the Senior Counsel - Privacy & Data Protection role at Mastercard requires exceptional analytical skills, strong written and oral communication abilities, and effective interpersonal skills for relationship building. Familiarity with Privacy by Design methodologies and the ability to simplify complex legal issues for non-legal audiences are also crucial for facilitating collaboration across teams.

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What is the work environment like for the Senior Counsel - Privacy & Data Protection at Mastercard in O'Fallon?

Working as a Senior Counsel - Privacy & Data Protection at Mastercard in O'Fallon offers a dynamic work environment where collaboration and innovative thinking are encouraged. The company fosters a culture of inclusivity and professional growth, enabling employees to contribute to significant organizational goals while enjoying a supportive atmosphere.

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Common Interview Questions for Senior Counsel - Privacy & Data Protection
Can you explain your experience with privacy laws relevant to credit risk?

When answering this question, discuss specific privacy laws you’ve interacted with, such as the GDPR or CCPA, and detail your direct experiences advising on compliance issues relating to credit risk. Highlight the complexities you navigated and the outcomes you achieved.

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How do you approach a privacy by design review for a new product?

In your response, outline your structured approach to privacy by design. Talk about the key steps you take, including stakeholder engagement, assessing legal requirements, and ensuring that privacy controls are integrated into the product development process from the outset.

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Describe a time you had to educate a team on privacy regulations. What was your strategy?

Share an example that illustrates your ability to translate complex regulations into understandable concepts. Discuss your preparation, the methods you used (e.g., presentations, workshops), and the positive impact your education had on the team’s understanding and compliance.

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What strategies do you use to monitor changes in privacy laws?

Discuss your proactive approach to staying updated on legal changes, such as subscribing to relevant legal publications, participating in professional networks, or even utilizing technology tools for tracking regulatory updates. Illustrate how you've applied this information to your work.

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Have you ever identified a compliance gap? How did you handle it?

Provide a specific case where you identified a compliance gap, detailing the steps you took to investigate the issue, whom you involved, and the successful remediation measures you implemented. This demonstrates your problem-solving abilities and commitment to continuous improvement.

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How do you balance business needs with legal compliance?

When answering, emphasize your strategic mindset. Talk about how you negotiate and collaborate with business partners to find solutions that address their needs while maintaining essential legal compliance, reflecting your understanding of both legal and business perspectives.

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What experience do you have with data anonymization technologies?

Describe your familiarity with data anonymization techniques and technologies. Share your direct experiences implementing these methods and how they contributed to compliance and risk mitigation within previous roles.

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How would you handle resistance from a business unit regarding privacy compliance?

Discuss your approach to managing pushback, including understanding their concerns, articulating the importance of compliance, and finding mutually agreeable solutions. Emphasize relationship-building and communication skills to foster collaboration.

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What role does artificial intelligence play in your current understanding of privacy issues?

Explain how you stay informed about AI developments and their implications on privacy regulations. Provide examples of how you’ve addressed AI-related privacy challenges in your previous work and your thoughts on emerging ethical considerations.

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Why do you want to work for Mastercard as a Senior Counsel - Privacy & Data Protection?

Reflect on your motivations for applying to Mastercard, focusing on their commitment to innovation and privacy. Discuss how the role aligns with your personal values and professional goals, illustrating your enthusiasm for contributing to their mission.

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CULTURE VALUES
Inclusive & Diverse
Empathetic
Collaboration over Competition
Growth & Learning
Transparent & Candid
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Full-time, on-site
DATE POSTED
December 20, 2024

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