Legal Counsel

Who We Are:

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 Canadas financial ecosystem Interac facilitates over 20 million transactions daily supported by trusted partnerships with government and financial institutions. Consistently ranked as Canadas 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 Canadas first FinTech promoting innovation while protecting Interacs 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.

What You Will Do:

• Working in a fast-paced business and technology environment partnering with business units and playing a key role in driving the companys 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.
• Drafting reviewing and negotiating a diverse range of commercial contracts including complex 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.
• 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 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 Were Offering:

The hiring range for this position is $140000 to $160000 and you will also be eligible for our short-term incentive plan. The exact amount will depend on factors such as skills experience and job-related knowledge but Interacs commitment goes beyond compensation. Our Total Rewards package is designed to support your well-being and future and includes:

• Generous vacation and wellness days to help you recharge
• Comprehensive employer-paid benefits coverage for peace of mind
• Market-leading employer-funded RRSP program to invest in your future
• Flexible hybrid work model for better work-life balance
• Access to a free and confidential 24/7 employee & family assistance program to offer support for you and your immediate family
• Pregnancy and parental leave top-up to support growing families
• Charitable donation matching with United Way to amplify your impact

Why Join Us

At Interac the impact we make and the people who drive it is profound. When you become part of our team youre joining a purpose-driven organization thats shaping the future of digital finance in Canada. Heres what you can expect:

• Investing in the Future Help us unlock digital prosperity for all Canadians.

• Innovative Thinking Collaborate on products practices and platforms that redefine whats possible.

• Inclusive Culture Be empowered to bring your whole self to work and realize your full potential.

• Inspiring Community Work in an ecosystem where we lift each other up and rise together.

• Intentional Support Enjoy flexible supportive offerings that prioritize your total wellness.

Additional Pre-Employment Requirements:

To ensure the integrity of our organization successful candidates will be required to complete 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.

Equal Opportunity Employer

Interac is also 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. Thats why 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 We will work with you to meet your needs.

Please be aware that certain individuals are misusing Interac Corp.s name and logo to promote fictitious employment opportunities. Interac Corp. never requests solicits or accepts any form of payment in exchange for employment. Any such offers are fraudulent and should be disregarded. Interac Corp. assumes no liability for any claims losses damages expenses or inconveniences arising from or related to these fraudulent activities. Such communications do not constitute an offer or representation by Interac Corp. or its subsidiaries and affiliates.