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Sr. Associate Counsel, Product & Commercial - job 26 of 26

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

Visa is seeking a proactive product, business and commercial lawyer to join its growing legal team that supports Visa’s Value-Added Services organization. The position is for a Senior Associate Counsel, who will report to a Senior Managing Counsel, Visa Legal: Value-Added Services.

The role includes responsibility for supporting Issuing Solutions, either as the lead attorney for certain products and services or as part of a small team of experienced counsel. Products and services include Visa’s new and existing Value-Added Services relating to issuer processing products and loyalty & offers. The attorney will work closely with other experienced Visa lawyers and compliance professionals and regularly engage directly with business clients.

Applicants must be skilled at managing multiple priorities in a fast-paced and challenging, but highly rewarding, environment, have good judgment and strong analytical, client counseling, and negotiation skills, be an adept issuer spotter and creative problem solver, be self-motivated, and, most importantly, be an optimistic, curious, and collaborative team player.

  • Work closely with business teams to understand and achieve key business objectives and help them develop compelling product and service offerings
  • Provide advice and counsel to business line and management on transactional legal matters and proposed corporate actions and projects
  • Draft, negotiate, and drive to completion complex commercial agreements that achieve business objectives, and continue to support those business relationships once consummated
  • Provide sophisticated and creative counseling and advice to business teams regarding product development, deployment, and associated commercial and contracting considerations
  • Lead review of product related marketing and sales materials
  • Manage regulatory support, including jurisdiction-specific regulatory assessments, and evaluation of how shifts in regulatory landscapes may impact Visa and its partners
  • Work closely with Visa’s regional legal and business teams globally, and assist these teams in resolving regional and local issues, including to achieve consistency on approaches and issues by Visa worldwide
  • Review externally facing documentation for compliance with securities laws, disclosure policies, data use policies and requirements, competition law issues, etc.
  • Where required, coordinate and supervise outside counsel for timeliness, cost-effectiveness, and excellence of service and work product

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

Qualifications

Basic Qualifications
•5 or more years of relevant work experience with a Bachelors Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhD

Preferred Qualifications
•6 or more years of work experience with a Bachelors Degree or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhD
•Strong academic credentials, including a J.D. degree (or international equivalent)
•Valid license to practice in the state where the job is located or the ability to become state registered in-house counsel in good standing
•Prior experience in at least one of the following areas: payments (and related credit and debit processing), financial services, technology or fintech industries
•Demonstrated ability to drive execution in a team environment, integrating legal advice and business knowledge while providing balanced advice regarding risks and benefits
•Must be able to work independently and collaboratively as needed, and engage directly with business clients at all levels
•Must be a practical and creative problem-solver with developed business acumen and the ability to understand the company's business interests and anticipate the nature and magnitude of issues that could arise in various settings
•Must be able to manage and drive the legal and regulatory aspects of complex business initiatives, both in the U.S. and internationally
•Transactional background (corporate, commercial arrangements) with extensive experience drafting and negotiating a wide array of commercial agreements
•Working knowledge of privacy and competition laws
•Must be able to multitask and manage a significant workload and many clients with minimal supervision

Additional Information

Work Hours: Varies upon the needs of the department.

Travel Requirements: This position requires travel 5-10% of the time.

Mental/Physical Requirements: This position will be performed in an office setting.  The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.

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.

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.

U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 176,800.00 to 230,000.00 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.

Average salary estimate

$203400 / YEARLY (est.)
min
max
$176800K
$230000K

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 Sr. Associate Counsel, Product & Commercial, Visa

Join Visa as a Senior Associate Counsel, Product & Commercial, where your legal expertise will make a significant impact in the fast-paced world of payments and technology. Based in Washington, D.C., you'll be an essential part of Visa’s Value-Added Services organization, collaborating closely with skilled professionals in a dynamic environment. In this role, you'll leverage your experience to support Issuing Solutions, leading legal initiatives for innovative products and services that enhance Visa's offerings related to issuer processing and loyalty programs. Your days will involve advising business teams strategically, drafting and negotiating complex commercial agreements, and guiding the development of service offerings that align with Visa’s mission of helping economies thrive. You’ll also manage regulatory compliance, working globally to ensure consistency across various regions. This position not only requires strong analytical skills and good judgment but also a knack for creative problem-solving and collaboration. Visa values optimism and curiosity, so you'll find yourself in a supportive culture that encourages you to grow while making key contributions to our legal team. If you’re ready to take on challenges with a purpose-driven leader in the payments industry, Visa is where you belong!

Frequently Asked Questions (FAQs) for Sr. Associate Counsel, Product & Commercial Role at Visa
What are the main responsibilities of the Senior Associate Counsel, Product & Commercial at Visa?

As a Senior Associate Counsel, Product & Commercial at Visa, you will play a crucial role in supporting the Value-Added Services organization. Your responsibilities will include managing legal aspects of Issuing Solutions, drafting and negotiating complex commercial agreements, providing regulatory support, and advising business teams on product development and compliance issues. You'll collaborate closely with internal stakeholders to achieve business objectives and ensure that Visa's legal positions are effectively communicated and executed.

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What qualifications are necessary for the Senior Associate Counsel role at Visa?

To qualify for the Senior Associate Counsel, Product & Commercial role at Visa, you typically need a J.D. degree and at least five years of relevant legal experience, particularly in the payments, financial services, or fintech industries. Experience drafting and negotiating commercial agreements, knowledge of privacy and competition laws, and the ability to work independently and collaboratively are also important. A practical approach to problem-solving and strong analytical skills will help you succeed in this dynamic environment.

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How does a Senior Associate Counsel contribute to Visa's business objectives?

The Senior Associate Counsel at Visa directly contributes to business objectives by providing legal counsel that aligns with strategic initiatives. This includes guiding product development, ensuring compliance with regulations, and navigating complex legal landscapes. By drafting and negotiating agreements that support business needs and assessing risks, you become an indispensable partner in driving Visa's mission to connect the world through innovative payments solutions.

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What is the work environment like for a Senior Associate Counsel at Visa?

The work environment for a Senior Associate Counsel at Visa is fast-paced and collaborative, situated within a team-oriented legal department. Expect to engage regularly with business clients, legal experts, and compliance professionals, necessitating strong communication and teamwork skills. This hybrid role offers flexibility, balancing in-office collaboration and remote work, allowing you to manage responsibilities effectively while supporting Visa's growth and success.

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What career growth opportunities are available for a Senior Associate Counsel at Visa?

At Visa, a Senior Associate Counsel has ample opportunities for career growth and development. As part of a global leader in payments technology, you'll gain exposure to diverse legal challenges and business strategies across various regions. Additionally, the collaborative culture at Visa encourages professionals to learn from each other, take on leadership roles in projects, and potentially move into more senior legal or management positions as you enhance your expertise and your contributions to the company.

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Common Interview Questions for Sr. Associate Counsel, Product & Commercial
Can you describe your experience with drafting commercial agreements?

When answering this question, it’s important to highlight specific examples of agreements you’ve drafted and negotiated, emphasizing your approach to balancing legal risk with business objectives. Discuss the types of agreements you've worked on, challenges faced, and how your contributions fostered positive outcomes for your previous employers.

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How do you manage multiple priorities in a fast-paced legal environment?

Demonstrate your organizational skills by discussing your methods for prioritizing tasks, setting deadlines, and leveraging tools to track progress. Share specific strategies you've employed to handle high workloads without compromising quality, showing your ability to adapt to changing priorities while ensuring effective legal counsel is provided.

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What strategies do you use for effective collaboration with business teams?

Highlight the importance of communication and understanding business needs when collaborating with teams. Discuss your approach to building relationships, actively listening to concerns, and translating complex legal concepts into actionable advice, ensuring that the business objectives are met while adhering to legal requirements.

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Can you give an example of a complex legal issue you've resolved?

Share a specific example where you identified a complex legal issue, detailing your research and analysis process. Emphasize the solution you proposed, how it aligned with business goals, and the positive impact it had on the organization, showcasing your problem-solving skills and legal expertise.

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What motivates you to work in the payments and financial services sector?

Discuss your enthusiasm for the evolving nature of the payments industry and how it aligns with your interests and career goals. Emphasize your passion for being part of a field that drives innovation and facilitates economic growth, which can provide a compelling narrative for your motivation.

Join Rise to see the full answer
How do you stay updated on changes in regulations that affect Visa’s products and services?

Explain your proactive approach to continuing education, including attending industry conferences, subscribing to legal publications, participating in relevant forums, and networking with peers. Highlight how your ongoing learning helps you foresee regulatory shifts and align legal strategies accordingly.

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What role does creativity play in your legal counsel?

Illustrate how creativity in problem-solving is essential, especially when addressing legal challenges in commercial contexts. Provide examples of innovative solutions you've developed that not only mitigate risk but also enhance business opportunities, reflecting your ability to think outside the box.

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Describe your experience with regulatory assessments.

Talk about specific cases where you conducted regulatory assessments, detailing your analysis of jurisdictional requirements, and how the findings influenced corporate decisions or compliance strategies. Show how your knowledge of these regulations is integral to your role as a Senior Associate Counsel.

Join Rise to see the full answer
How do you handle disagreements with team members or clients?

Discuss your conflict-resolution skills, emphasizing the importance of maintaining professionalism while seeking common ground. Provide an example where you effectively navigated a disagreement, highlighting how you communicated openly, listened to differing viewpoints, and ultimately reached an amicable solution.

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What is your approach to managing outside counsel?

Share your strategies for ensuring that outside counsel meets quality and cost-effectiveness standards. Describe how you establish clear expectations, manage timelines, and provide feedback to ensure alignment on legal matters, underscoring your ability to oversee partners collaboratively while protecting Visa's interests.

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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...

12092 jobs
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Full-time, hybrid
DATE POSTED
April 16, 2025

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