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About the Role

As Senior Legal Counsel, you will provide forward-thinking legal guidance and strategic risk analyses, promoting innovation while protecting Interac’s reputation as one of the most trusted financial brands in Canada. You will advise on a broad range of technology contracting, outsourcing, and third-party risk management activities, handling complex issues in real time to provide practical and actionable advice.

Responsibilities

Partner with business units in a fast-paced business and technology environment to drive the company's products and services forward.
Provide strategic and actionable legal advice on key business portfolios and emerging technologies to complete time-sensitive projects while mitigating potential legal risks.
Exercise business judgment to deliver practical and pragmatic solutions in ambiguous legal situations.
Draft, review, and negotiate a diverse range of commercial contracts, including technology vendor agreements, service provider agreements, proof of concept agreements, letters of intent, software and evaluation license agreements (on premise and cloud), customer software development agreements, incentive agreements, sponsorship agreements, and consulting services agreements.
Advise on operationalizing contracts in a complex, multi-vendor environment and proactively identify and resolve associated legal issues.
Collaborate as a member of the Legal team, mentor junior lawyers, and serve as a resource for internal knowledge management and precedent development.

Requirements

A Law Degree and membership in good standing with the Law Society of Ontario.
A minimum of 8 years practical, post-call legal experience in both a corporate legal department and a law firm.
Eligibility to work for Interac Corp. in Canada in a full-time capacity.
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).
Successful completion of background checks, which may include Canadian Criminal Credit Check, Canadian ID Cross-Check, Public Safety Verification, 5-year Employment Verification, Education Verification, Credit Check, and Social Media Check.

Skills

Keen business judgment
Genuine interest in the payment network and financial services
Sophisticated advice on technology contracting
Sophisticated advice on outsourcing
Sophisticated advice on third-party risk management
Legal guidance
Strategic risk analyses
Drafting commercial contracts
Reviewing commercial contracts
Negotiating commercial contracts
Mentoring junior lawyers
Internal knowledge management
Precedent development

Location

Canada

Work Type

Full-time
Hybrid

Experience Level

Senior
8 years practical, post-call legal experience

Education Level

Law Degree

Salary/Compensations

Competitive salary
Eligible for short-term incentive plan

Benefits

Generous vacation and wellness days
Comprehensive employer-paid benefits coverage
Market-leading employer-funded RRSP program
Access to a free and confidential 24/7 employee & family assistance program
Pregnancy and parental leave top-up
Charitable donation matching with United Way

About the Company

Interac connects Canadians through secure digital payments, advanced identity verification and industry-leading fraud protection.
Founded in 1984, 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.
At Interac, we design and deliver products and solutions that give Canadians control over their money so they can get more out of life.
We are playing a key role in shaping the future of the digital economy in Canada.
We are a purpose-driven organization that’s shaping the future of digital finance in Canada.
We foster a community of creative thinkers, problem solvers, technical virtuosos, and high-performance application developers.

Equal Opportunity

Interac is an equal opportunity employer committed to fostering a diverse and inclusive workplace.
We believe that innovation thrives when people from different backgrounds, experiences, and perspectives come together.
We are committed to providing fair and equitable employment opportunities for all individuals, without discrimination based on race, color, ancestry, ethnic origin, place of origin, citizenship, creed, sex, sexual orientation, gender identity or expression, age, marital or family status, disability, or any other characteristic protected by applicable law.
If you require accommodation during any stage of the application or recruitment process, please contact us at humanresources@interac.ca. We will work with you to meet your needs.
Interac Corp. never requests, solicits, or accepts any form of payment in exchange for employment. Any such offers are fraudulent and should be disregarded.