Apply on Kit Job: kitjob.ca/job/2emrcj

POSITION: Director, Legal (Senior Legal Counsel)

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ORGANIZATION: Mastercard Foundation Asset Management

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LOCATION: Toronto, Ontario, Canada

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TYPE: Full time (3-4 days in office per week)

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VACANCY: New position

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Be part of a new and growing asset management company

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ABOUT MASTERCARD FOUNDATION ASSET MANAGEMENT

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Established in 2023, the Mastercard Foundation Asset Management (MFAM) Corporation was created to build a diversified investment portfolio for the Mastercard Foundation, one of the largest public foundations in the world. MFAM is headquartered in Toronto, Canada. We have a global investment strategy and mandate to deliver long term returns that will fund the philanthropic mission of the Mastercard Foundation and its partners in Africa and Canada.

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We believe in the mission and values of the Mastercard Foundation and aim to cultivate an ecosystem of exceptional people, trusted partnerships, and long-term investments to achieve lasting impact. We value bold ideas, curiosity, and tenacity, as part of nimble, creative, and meritocracy-based team.

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ABOUT MASTERCARD FOUNDATION

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Mastercard Foundation, one of the largest foundations in the world, works with visionary organizations to advance education and financial inclusion to enable young people in Africa and Indigenous youth in Canada to access dignified and fulfilling work. Established in 2006 through the generosity of Mastercard when it became a public company, the Mastercard Foundation is an independent organization separate from Mastercard. The Foundation has offices in Toronto, Kigali, Accra, Nairobi, Kampala, Lagos, Dakar, and Addis Ababa.

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WHO YOU’LL WORK WITH

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You will report to the General Counsel & Corporate Secretary and will build and maintain relationships with teams across MFAM, the Mastercard Foundation, external counsel, consultants and vendors. As a member of the team, you will have opportunities to grow and develop, and create meaningful value and lasting impact through the Mastercard Foundation.

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WHAT YOU’LL DO

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This is a unique opportunity to be involved in starting up a world-class organization that will have global impact. You will be accountable to provide strategic and practical legal advice across MFAM’s investment and operating activities. Working in close collaboration with the General Counsel, this role will serve as a trusted senior advisor and execution partner to investments, operations, and leadership teams, with a hands-on focus on deal execution, risk assessment, and solution-oriented legal support.

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The successful candidate will bring deep legal expertise relevant to asset management and private investing, paired with strong commercial judgment and the ability to work collaboratively in a non-hierarchical, team-based environment.

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Accountabilities include

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- Provide expert senior-level legal advice on diverse legal issues including investment-related matters (including fund investments, strategic relationships and portfolio monitoring), regulatory compliance, corporate governance, and risk management.




- Support investment teams through legal due diligence, review and negotiation of transaction documents, and issue-spotting across jurisdictions and asset classes.
- Advise on regulatory, structural, and contractual considerations across MFAM’s business.
- Collaborate with the General Counsel and other key stakeholders across MFAM to support strategic development, implementation, and operation of corporate governance functions.
- Support corporate governance processes, including review of board and committee materials and related documentation.
- Provide legal advice and develop practical, business-oriented solutions to complex legal issues in commercial contexts. Contribute to the development and refinement of legal policies, templates, and internal processes, to reflect relevant changes and best practices.
- Work with external legal counsel to ensure high-quality, cost-efficient, and risk-adjusted legal advice.
- Serve as a legal thought partner on new initiatives, structures, and operating models as MFAM continues to scale.
- Ensure that legal advice to the organization considers the needs and reputation of Mastercard Foundation.
- Stay current on legal and regulatory developments, emerging issues and industry trends relevant to MFAM’s operations.

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WHAT YOU’LL NEED

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- 7+ years of post-call corporate law experience in a law firm or in-house, with significant experience advising asset managers, foundations, pension funds, endowments or similar institutional investors on fund investments.
- Law degree (JD or equivalent) and membership in good standing with the Law Society of Ontario (or eligibility to transfer).
- Strong knowledge of secur

Apply on Kit Job: kitjob.ca/job/2emrcj

📌 Senior Legal Counsel (Mercier)
🏢 Mastercard Foundation Asset Management
📍 Mercier