Senior 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 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:

Reporting to the Head, Deputy General Counsel, this vacant Senior Legal Counsel role will be responsible for providing forward-thinking legal guidance and strategic risk analyses for Canada’s first Fin Tech, promoting innovation while protecting Interac’s reputation as one of the most trusted financial brands in Canada.

We are looking for a lawyer 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:

• Work in a fast-paced business and technology environment, partner with business units, and play a key role in driving the company's products and services forward.

• Provide strategic and actionable legal advice on key portfolios in the business and emerging technologies to complete time sensitive projects while mitigating potential legal risks.

• Exercise business judgment to deliver practical and pragmatic solutions in an environment when the “right” legal answer is often unclear.

• Draft, review, and negotiate a diverse range of commercial contracts, including complex 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.

• Work 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.

• A minimum 8 years practical post-call legal experience in both a corporate legal department and a 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.

• Willingness to take on a variety of responsibilities and roles that support the team, department, and organization.

• Critical thinking skills with cogent analysis of…