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Visa
Sr. Associate Counsel (Value-Added Services) Asia Pacific
Posted on Nov. 25, 2024
- Singapore, Singapore
- 0 - 0 USD (yearly)
- Full Time
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
Team Summary
The Visa Asia Pacific Legal team manages Visa's legal affairs in the Asia Pacific region. Our team provides advice and services to ensure business goals are successfully met and that Visa's brand and reputation are protected while minimizing legal liability and regulatory risk. Our vision entails each legal professional living the guiding principles to be a proactive partner who never loses sight of his/her responsibility to protect the company.
What a Senior Associate Counsel (Value-Added Services) Asia Pacific in Legal does at Visa:
The position is for a highly motivated and skilled attorney to join Visa's growing legal team. You will be a key regulatory and commercial legal lead supporting the Visa business teams as they expand their value-added services and product offerings to enhance value for traditional bank/FI clients as well as develop new clients/partners/business streams in the evolving payment ecosystem. You will be exposed to a broad range of product and commercial legal work, supporting regulatory reviews and commercial negotiations in the areas of value added services, including digital/tech partnerships, acceptance solutions, and other financial/technology products and services.
You will report to the Vice President Legal (Asia Pacific) and will be expected to work closely and in collaboration with Visa lawyers across geographies and functional support areas, including the Visa lawyers in from the US headquarters and other international offices.
You should have a good working knowledge of laws and regulations applicable to financial, digital and payments services, including payments/FI licensing, data privacy and outsourcing regulatory regimes in Singapore (and preferably, in addition, other jurisdictions in the Asia Pacific) and have experience in conducting and leading regulatory reviews and contractual negotiations. You should also be well versed in commercial, technology and IP laws, and be able to apply this experience to your role in Visa by being a sound and practical legal advisor to the business. You must have excellent risk judgment and analytical capability, and be a strong and efficient communicator, with the ability to juggle multiple priorities in a fast paced and challenging, but rewarding, environment.
In this role, you are expected to:
- Be the lead counsel driving commercial negotiations on both the supply side as well as the client facing side.
- Assist with regulatory consultations/compliance with regulations across the region as applicable to existing or new Visa products/initiatives.
- Assist with regulatory issues relating to products, services or functions.
- Draft, negotiate and drive to completion complex commercial, technology, or strategic partnership agreements in support of business objectives.
- Provide advice and guidance to business and product teams regarding deal structures and key risks and proactively identify and resolve legal issues/risks.
- Travel internationally as needed.
- Possess strong inter-personal skills including the ability to communicate complex legal issues (and relevant solutions/recommendations), clearly and practically to the business.
Why this is important to Visa
The Senior Associate Counsel will play a key role as a trusted advisor to our commercial solutions and products businesses that represent some of the most important pillars of Visa’s future growth and strategy. This role is critical in ensuring that both supply and client facing contracts and negotiations are managed efficiently with relevant stakeholders while enabling our business to innovate and push across new frontiers (particularly in the fast-evolving global payments industry).
The Senior Associate Counsel can look forward to being a key representative of a high performing Legal team in advising and managing projects that drive innovation and development within the payments industry.
Projects you will be a part of:
You will be a member of a regional legal team that works at the cutting edge of new payment technologies, innovation and the fintech industry in an increasingly regulated environment, which brings unique and novel challenges in the commercial/technology law space
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
What you will need:
We are looking for a strong lawyer who brings of breadth of experience and knowledge of the industry and our business. As a candidate, you should:
- Have 6-8 years PQE in regulatory and transactions experience, some of which preferrably at a top tier law firm or MNC
- Have outstanding academic credentials, including a degree from a well-recognized and reputable law school
- Be able to work independently and interface with executive level stakeholders with little or no supervision, but also be a good team player
- Be a practical and proactive problem-solver, must have a strong business acumen and be confident, mature and calm under fire
- Demonstrate the ability to communicate clearly and concisely with multiple stakeholders including senior executives.
- Demonstrate an ability to manage and drive complex commercial and technology transactions, including international and regional deals.
- Have good working knowledge of laws and regulations applicable to financial, digital and payments services, in multiple jurisdictions in Asia.
- Have excellent legal analytical skills with the ability to integrate legal advice and business knowledge, while providing balanced advice regarding risks and benefits.
- Be admitted to practice in a Commonwealth jurisdiction.
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.
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