Associate Counsel, Product & Transactional - job 39 of 42

As an Associate Counsel, Product & Transactional at Visa, you will be pivotal in supporting the company's Value-Added Services. Your responsibilities will encompass drafting and negotiating complex commercial agreements, providing legal advice on transactional matters, advising business line managers on product development, and ensuring compliance with various regulatory frameworks. You will also manage regional legal support and work collaboratively with cross-functional teams to achieve Visa's business objectives.

Candidates applying for the Associate Counsel, Product & Transactional position at Visa should possess a J.D. degree and have substantial experience in commercial law, transactional work, and regulatory compliance. Strong analytical, negotiation, and client counseling skills are essential. The ideal candidate will also demonstrate the ability to handle multiple priorities in a fast-paced environment and exhibit a collaborative approach to teamwork.

A typical day for an Associate Counsel, Product & Transactional at Visa involves engaging with various business units to understand their objectives and support them with legal counsel. You will spend time drafting and negotiating contracts, reviewing product marketing materials, and working on regulatory matters. The role requires balancing many tasks while collaborating with colleagues in a hybrid work setting, allowing for both remote and in-office interactions.

The Associate Counsel, Product & Transactional position at Visa plays a crucial role in driving business success by providing informed legal support that enables effective decision-making. By guiding product development, ensuring compliance with necessary regulations, and facilitating impactful commercial agreements, this role helps Visa innovate and maintain its competitive edge in the global marketplace.

Important skills for an Associate Counsel, Product & Transactional at Visa include exceptional analytical abilities, strong negotiation skills, and a solid foundation in commercial law. Being a creative problem solver, possessing good judgment, and the capability to work collaboratively with diverse teams are also critical for success in this role.

When answering this question, highlight specific instances where you've drafted or negotiated complex commercial agreements. Discuss the nature of the agreements, the parties involved, and how you overcame challenges during negotiations. Be sure to emphasize your understanding of relevant commercial laws and regulations.

Provide a detailed example showcasing your problem-solving abilities. Talk about the legal issue, your approach to advising the team, and the outcome. Highlight your ability to break down complex legal concepts for non-legal stakeholders and the impact of your guidance on the business's success.

Employ a systematic approach to highlight your prioritization process. Discuss how you assess urgency and importance, allocate resources, and collaborate with team members to ensure that critical legal issues are addressed promptly while maintaining quality.

Talk about the resources you utilize, such as legal journals, industry newsletters, and professional networks, to stay updated on regulatory changes. Share specific examples of how you have adapted your legal strategies in response to new regulations.

Emphasize that an attorney serves as a key adviser throughout the product development cycle. Discuss how legal perspectives ensure compliance, mitigate risks, and enhance product offerings by aligning them with regulatory standards and market needs.

Present a collaborative approach to conflict resolution. Highlight the importance of open communication, listening to different viewpoints, and seeking common ground to find a solution that aligns legal and business interests.

Talk about strategies you've used to maintain productive relationships with external counsel, focusing on aspects like clear communication, setting expectations, and ensuring that deliverables meet the company's standards for quality and timeliness.

Discuss your approach to understanding compliance requirements, conducting thorough analyses, and collaborating with the compliance team to ensure that Visa's operations meet legal standards. Share any specific compliance challenges you've successfully navigated.

Reflect on challenges such as constantly evolving regulations, negotiating difficult agreements, or effectively communicating complex legal concepts to non-legal stakeholders. Share how you turn challenges into opportunities for innovation and improvement.

Express your enthusiasm for contributing to a cutting-edge company like Visa. Mention your passion for law, the thrill of navigating complex legal landscapes, and how fulfilling it is to support innovative products and services that make a difference in the financial industry.