Legal Counsel

About the role

Every transaction matters. Every Canadian matters. At Interac, we protect both - driving trust, security, and inclusion, so our digital economy thrives. Founded in 1984, Interac connects Canadians through secure digital payments, advanced identity verification and industry-leading fraud protection. Connecting banks, businesses, and individuals, Interac enables millions to send, receive, and manage money safely and effortlessly every day - across both digital and physical environments. As the backbone of Canada's financial ecosystem, Interac facilitates over 20 million transactions daily, supported by trusted partnerships with government and financial institutions. Consistently ranked as Canada's most reputable financial technology brand, Interac is deeply embedded in the daily lives of Canadians. Who You Will Work With: The vacant Legal Counsel role will report to Head, Deputy General Counsel. As a member of the Legal Counsel team at Interac Corp., you will be responsible for providing forward thinking legal guidance and strategic risk analyses for Canada's first FinTech, promoting innovation while protecting Interac's reputation as one of the most trusted financial brands in Canada. We are looking for lawyers with keen business judgment and a genuine interest in payment network and financial services to provide sophisticated advice on a broad range of technology contracting, outsourcing and third-party risk management activities. Interac lawyers handle complex issues, often in real time, to provide practical and actionable advice to an organization that continues to explore uncharted territory in financial services technology. In this role, you will work collaboratively with a close-knit team of sharp, solution-oriented in-house lawyers on projects that challenge you to balance legal imperatives with the core business values, risk tolerance and enterprise strategy of a renowned financial services organization.

Responsibilities

• Working in a fast-paced business and technology environment, partnering with business units, and playing a key role in driving the company's products and services forward.
• Providing strategic and actionable legal advice on key portfolios in the business (and with emerging technology) to complete time sensitive projects while mitigating potential legal risks.
• Exercising business judgment to deliver practical and pragmatic solutions when the "right" legal answer is not crystal clear.
• Advising on operationalizing contracts in a complex, multi-vendor environment and proactively identifying and resolving associated legal issues.
• Working as a collaborative member of the Legal team, a mentor to junior lawyers and a resource for internal knowledge management and precedent development.
• What You Bring:
• A Law Degree and membership in good standing with the Law Society of Ontario.
• Eligibility to work for Interac Corp. in Canada in a full-time capacity.
• 2-5 years practical post-call legal experience in both a corporate legal department or law firm.
• Prior experience working for technology vendors, in financial services or the payment industry (preferred).
• Working knowledge of privacy, cybersecurity, Code of Conduct, CASL and other regulatory
• requirements applying to the financial services industry and payment network operators (preferred).
• Experience with financial services technologies, including mobile payments, digital banking, digital identification, verification and authentication and other electronic payments technologies, in addition to traditional payment systems and payment card network operators (preferred).
• Proven experience advising on a wide range of matters spanning from privacy, competition, intellectual property, technology, and licensing.
• A team player mindset, ready and willing to take on a variety of responsibilities and roles that support the team, department, and organization.
• Critical thinking with cogent analysis of legal and business issues.
• You are adept at identifying, assessing, and managing legal and reputational risk.
• Proactivity with time management and project prioritization.
• A keen interest in the products, services, and interdependencies at Interac and in the payments ecosystem.
• Knowledge of the Code of Conduct for the Credit and Debit Card Industry in Canada and/or the Payment Clearing and Settlement Act.
• Experience with government and regulatory affair.
• What We're Offering:
• The hiring range for this position is $140,000 to $160,000, and you will also be eligible for our short-term incentive plan. The exact amount will depend on factors such as skills, ex

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