Job Description

Company Description
Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across 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. When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement. Join Visa: A Network Working for Everyone.


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 Counsel (Products and Regulatory) Asia Pacific in Legal does at Visa: The position is for a seasoned regulatory attorney to join Visa's growing legal team at the Director level. You will be a key regulatory legal lead supporting the Visa business teams as they expand their service offerings to enhance value for traditional bank/FI clients as well as develop new clients/partners/business streams in the evolving payment ecosystem. These new service offerings/initiatives will include areas such as consumer-focused enhancements, new financial/technology products and data products, as well as strategic acquisitions of businesses and entities that can add to the Visa value chain. 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 both solid technical knowledge as well as practical experience in banking/financial institution regulatory regimes (with a focus on, but not limited to, licensing and outsourcing regimes), in Singapore (and preferably, in addition, other jurisdictions in the Asia Pacific). 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 a trusted and reliable advisor in reviewing and advising on regulatory implications/impact in relation to Visa’s current business and new product initiatives across the Asia Pacific region.
• Effectively partner with the business and government engagements teams on regulatory consultations/compliance with regulations across the region as applicable to existing or new Visa products/initiatives (including FI licensing, outsourcing, payments and open data regulations)
• Be a dedicated resource/go to lawyer for regulatory issues relating to products services or functions, and Visa’s acquired business/entities
• 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, approximately once or twice per year.
• 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 Counsel will play a key role as a trusted advisor to businesses that represent some of the most important pillars of Visa’s future growth and strategy. This role is critical in ensuring that legal risks are identified and managed efficiently with relevant stakeholders while enabling our business to innovate and push across new frontiers (particularly in the fast-evolving technology, innovation, and data space). The Senior 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.

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 a minimum of 10/11+ years in regulatory transactions experience (including bank/FI licensing and outsourcing regimes), some of which must be at a top tier law firm or MNC
• Have strong 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 a strong understanding of banking and payments regulation and laws 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 is preferred.
• Be able to live and work in Singapore.

Additional Information
Please Note: Due to the COVID-19 pandemic and the evolving visa/travel restrictions in place, we are currently only able to extend offers to candidates with the right to work in Singapore. We are keeping the situation under close review and will adjust accordingly should the restrictive measures be lifted. 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 two days a week, Tuesdays and Wednesdays with a general guidepost of being in the office 50% of the time based on business needs.