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Senior Associate Counsel

Company Description

  • Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

The Senior Associate Counsel (Client Incentives) role sits within a supportive, hard-working and fun Commercial Legal Team, who manage a range of commercial legal matters for Visa including client incentive agreements, contracts for the supply of value-in-kind (VIK) services, sponsorship and marketing, technology, IP, product, Visa membership and related matters.

This Team is part of a larger Legal, Ethics and Compliance Division in Visa’s Europe region, which also includes legal and compliance specialists covering competition, UK and EU regulatory, corporate and data privacy.  The Division has consistently had some of the highest engagement scores and prides itself on a creative, collaborative, can-do approach.   This role supports the Commercial Legal Client Incentives team and is based in London.

The Senior Associate Counsel (Client Incentives) will be responsible for leading the delivery of efficient, effective and high quality legal support to the business on client incentive agreements and related matters.

The core competencies for the Division are:

Strategic Partner & Client Focus

Expertise & Business Knowledge

Leadership

Communication

Intellectual Curiosity and

Judgement

What we expect from you will differ according to your role and where you are in your career, but we look for people who have the ability and aptitude to succeed against these key competencies.

Key Responsibilities

  • Provide commercial legal advice and support, including drafting and negotiation support, across a range of commercial legal issues as required, particularly focussing on client incentive agreements and value-in-kind (VIK).
  • Deliver legal support on the full range of client incentive agreements, including global and pan-regional agreements, and novel incentive structures and new types of client partners.
  • Play an active part in contributing to the development of processes relating to client incentive agreements and VIK.
  • Actively look for opportunities to streamline and improve the delivery of legal support in relation to client incentive agreements and VIK, and work with other members of the team to implement improvements.
  • Build relationships with key business partners, working closely with them to meet their business needs in terms of legal support in an efficient way.
  • Identify competition/anti-trust, data protection and other regulatory issues, and liaise when necessary with internal members of the Legal, Ethics and Compliance Division, and/or external counsel.
  • Work closely and collaboratively with other teams engaged in incentive deals, in particular the Client Incentives Finance Team and the Client Services Teams, and identify opportunities for knowledge sharing.
  • Manage day-to-day legal queries and business deals, taking the lead on all relevant legal activities.
  • Actively identify and deliver training to the business on law, processes and policies.
  • Proactively contribute to the Legal, Ethics and Compliance Division’s planning, cohesion, consistency in advice, and the general efficiency and effectiveness of the division as a whole.
  • Play a part in the life of Visa’s Legal, Ethics and Compliance Division, building relationships and engaging with divisional initiatives as appropriate.
  • Act as a ‘champion’ for designing and embedding new ways of working which represent more efficient delivery of legal support.

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Qualifications

Qualified lawyer in England & Wales with ideally 2+ years PQE. We will consider candidates who have qualified in other jurisdictions.

Additional Information

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

Average salary estimate

$90000 / YEARLY (est.)
min
max
$80000K
$100000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Associate Counsel, Visa

Are you ready to make a real impact in the legal landscape of the payments industry? Join Visa as a Senior Associate Counsel (Client Incentives) based in London and be part of a dynamic, fun-loving Commercial Legal Team. At Visa, we pride ourselves on connecting people through the most innovative, reliable, and secure payments systems in the world, and we need a talented Senior Associate Counsel to help us maintain that standard. In this exciting role, you'll manage a range of commercial legal matters, with a special focus on client incentive agreements and value-in-kind (VIK) services. This position offers the chance to collaborate closely with key business partners, streamline legal support processes, and tackle day-to-day legal queries that keep our operations smooth. As part of Visa’s Legal, Ethics, and Compliance Division, you’ll be expected to contribute to a culture of creativity and collaboration while identifying regulatory issues alongside internal teams. Your experience as a qualified lawyer in England & Wales with at least 2 years PQE will be instrumental as you lead negotiations and provide comprehensive legal advice. You'll find incredible support at Visa, from a team that values strategic thinking and effective communication. This hybrid role allows you to strike a balance between working from home and enjoying the collaborative environment in the office, making every workday engaging and productive. If you're ready to take on challenges and play a crucial role in a purpose-driven industry leader, Visa is the place for you.

Frequently Asked Questions (FAQs) for Senior Associate Counsel Role at Visa
What are the main responsibilities of a Senior Associate Counsel (Client Incentives) at Visa?

As a Senior Associate Counsel (Client Incentives) at Visa, your primary responsibilities include providing comprehensive legal support on client incentive agreements, engaging in drafting and negotiations, and advising on regulatory compliance. You'll actively work to streamline legal processes and build strong relationships with business teams to support their legal needs effectively.

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What qualifications do I need to apply for the Senior Associate Counsel position at Visa?

To be considered for the Senior Associate Counsel (Client Incentives) role at Visa, you must be a qualified lawyer in England & Wales with ideally 2+ years of post-qualification experience (PQE). Candidates with qualifications from other jurisdictions may also be considered, showcasing Visa's commitment to diverse legal expertise.

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How does Visa support its Senior Associate Counsel in their professional development?

Visa invests in the professional growth of its Senior Associate Counsel by fostering a collaborative work environment, providing access to training, and encouraging knowledge sharing within its Legal, Ethics, and Compliance Division. Employees are also empowered to innovate and improve legal processes that enhance their effectiveness.

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What does a typical workday look like for a Senior Associate Counsel at Visa?

A typical day as a Senior Associate Counsel (Client Incentives) at Visa involves responding to legal queries, leading negotiations on client incentive agreements, collaborating with internal teams, and providing strategic legal advice. With a mix of remote and in-office work, every day offers unique challenges and opportunities for growth.

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Is the Senior Associate Counsel role at Visa a hybrid position?

Yes, the Senior Associate Counsel (Client Incentives) role at Visa is a hybrid position, allowing you to work remotely and from the office. Employees are expected to be in the office for 2-3 set days a week, promoting a balance between collaborative teamwork and flexible work arrangements.

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Common Interview Questions for Senior Associate Counsel
Can you describe your experience with client incentive agreements?

When answering this question, share specific examples of your past work with client incentive agreements. Highlight your negotiation skills, any challenges you faced, and how you navigated complex contractual relationships to add value to your organization.

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How do you approach regulatory compliance in your legal work?

Discuss your methodology for maintaining compliance, how you stay up-to-date with regulations, and explain your experience in liaising with compliance teams. Additionally, include any tools or systems you've used to ensure regulatory adherence.

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What strategies do you employ to build relationships with business partners?

Share your interpersonal skills and communication techniques. Emphasize the importance of understanding the business needs and priorities of your partners, alongside taking a proactive approach to offer legal support that directly aligns with their goals.

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Can you provide an example of a challenging legal negotiation you've handled?

Prepare a response that involves a specific negotiation scenario. Focus on your strategies, the outcomes achieved, and how you balanced client interests with legal integrity throughout the process.

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How do you prioritize and manage multiple legal tasks efficiently?

Discuss your time management strategies, tools you use to track progress, and how you assess urgency versus importance. Provide examples of situations where you effectively balanced competing deadlines.

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What role does teamwork play in your professional success?

Illustrate your collaborative spirit and how you work effectively with cross-functional teams. Share instances that highlight your ability to foster a positive team environment and contribute to shared goals.

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What is your understanding of Visa's mission and how does it impact your work?

Express your alignment with Visa's mission to uplift everyone through innovative payment solutions. Explain how this mission inspires you to contribute meaningfully to the legal challenges faced by the company.

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How comfortable are you with remote collaboration tools?

Be honest about your proficiency with remote collaboration tools like Zoom, Microsoft Teams, or Slack. Emphasize your adaptability and willingness to learn new technologies to support effective remote teamwork.

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What do you consider the most significant legal challenges in the payments industry?

Identify key legal issues such as regulatory compliance, anti-trust concerns, or data privacy, and share your thoughts on how these challenges can be managed effectively, drawing from your experience.

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Why do you want to work for Visa as a Senior Associate Counsel?

Express your admiration for Visa's commitment to innovation and diversity, and discuss how the Senior Associate Counsel position aligns with your professional goals. Be specific about the aspects of Visa's culture and mission that resonate with you.

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Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entiti...

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Full-time, hybrid
DATE POSTED
November 30, 2024

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