Associate Counsel, Product & Transactional - job 13 of 42

The Associate Counsel, Product & Transactional at Visa holds a pivotal role in supporting Risk and Identity Services. Key responsibilities include providing legal counsel on transactional matters, drafting and negotiating complex commercial agreements, assisting business teams with product development, managing regulatory support, and ensuring compliance with various legal standards. This position requires strong communication skills to liaise effectively with business clients and other legal professionals.

Candidates applying for the Associate Counsel, Product & Transactional position at Visa should possess strong analytical abilities paired with excellent judgment and negotiation skills. A background in commercial law, particularly in relation to product and transactional issues, is essential. Moreover, being an optimistic, self-motivated, and collaborative team player, with the ability to spot issues and propose creative solutions, is critical for success in this role.

The Associate Counsel at Visa plays a crucial role in aligning legal support with business objectives by working closely with business teams to understand their goals. They provide insightful legal advice on the development of product and services offerings, navigate complex commercial agreements to drive projects to completion, and offer guidance on regulatory requirements to facilitate the seamless execution of business strategies.

The work environment for the Associate Counsel, Product & Transactional at Visa is dynamic and collaborative, characterized by a strong emphasis on team engagement and problem-solving. The role is hybrid, allowing for a blend of remote work and office days, providing flexibility while fostering a culture of teamwork and communication among the legal team and business clients. With multiple priorities in a fast-paced setting, it offers both challenge and reward.

Visa offers numerous opportunities for career growth for Associate Counsel, Product & Transactional, including mentorship from experienced legal professionals, the chance to lead significant projects, and the ability to influence product development and business strategies. The collaborative environment encourages skill enhancement and provides exposure to varied legal issues across global markets, paving the way for advancement within the organization.

When discussing your experience with drafting and negotiating commercial agreements, highlight specific examples of agreements you’ve managed, emphasizing your contribution to the negotiation process and the results achieved. Mention any challenges faced and how you overcame them, showcasing your analytical skills and ability to protect client interests while facilitating business goals.

Prioritizing tasks effectively in a fast-paced legal environment involves establishing clear timelines, assessing the urgency and importance of each task, and communicating proactively with stakeholders. Share specific strategies you employ to manage multiple priorities, such as using task management tools, setting deadlines, and engaging in regular check-ins with your team to ensure alignment and progress.

When advising business teams on product development, my approach is to first deeply understand the business objectives and the specific regulatory landscape. I ensure that I provide practical, clear legal guidance that aligns with the team’s goals. I also emphasize the importance of collaboration, encouraging open dialogue to address legal considerations early in the process.

Handling compliance across varying regulatory landscapes requires staying informed about relevant laws and regulations in different jurisdictions. I typically conduct thorough research and collaborate with local legal teams to ensure that all operations align with the applicable legal requirements. Providing training and fostering open communication are also key strategies I use to maintain compliance.

To effectively spot and address potential legal issues, I employ a proactive approach that involves careful analysis of contracts and agreements, staying updated on industry trends and regulations, and soliciting feedback from team members. I believe in fostering a culture of open communication where team members feel comfortable discussing potential concerns, allowing us to address issues before they escalate.

In discussing a complex legal issue you resolved, provide a detailed narrative that outlines the problem, your role in addressing it, and the steps taken to arrive at a solution. Highlight collaboration with other team members, the analytical processes employed, and positive outcomes achieved, showcasing your problem-solving abilities and legal expertise.

Effective communication with business clients is achieved through regular updates, active listening, and being approachable. I strive to build strong relationships by understanding their strategic objectives and addressing their concerns promptly. Tools such as status reports and informal check-ins can help keep conversations open and ensure that both legal and business perspectives are aligned.

When discussing your experience with regulatory support, detail specific instances where you provided guidance on compliance matters, examined regulatory requirements, or collaborated with regulatory bodies. Emphasize your knowledge of federal and jurisdiction-specific regulations and how your support led to successful compliance outcomes for the organization.

My approach to contract management and evaluation involves establishing clear procedures for review, ensuring consistency and compliance with the company’s legal standards, and frequently communicating with stakeholders about contract obligations. I prioritize risk assessment and continuous improvement in contract processes to enhance effectiveness and reduce potential liabilities.

In answering what motivated you to apply for the Associate Counsel position at Visa, express your admiration for Visa's commitment to innovation, its culture of teamwork, and the opportunity to contribute to significant legal matters surrounding cutting-edge products. Discuss your personal values and career aspirations that align with Visa's mission and how you see yourself thriving in their environment.