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Legal Counsel- Privacy
At Interac, we design and deliver products and solutions that give Canadians control over their money so they can get more out of life. But that’s not all. Whether we’re leading real-time money movement, driving innovative commerce solutions like open payments for transit systems, or making advancements in new areas like verification and open banking, we are playing a key role in shaping the future of the digital economy in Canada.Want to make a lasting impact amongst a community of creative thinkers, problem solvers, and high-performance application developers? We want to hear from you.As Legal Counsel and a member of the Legal Compliance and Regulatory 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 networks and financial services to provide sophisticated advice on a broad range of privacy, technology contracting, 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.You’ll be responsible for:- 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 and privacy risks.
- Interpreting and applying Canadian private sector privacy laws (including PIPEDA and provincial equivalents) to business operations and product development.
- Conducting privacy impact assessments (PIAs), identifying privacy risks, and advising on appropriate privacy controls to mitigate those risks.
- Drafting, reviewing, and negotiating a diverse range of commercial contracts, including data processing agreements (DPAs), technology vendor agreements, and privacy-related commercial terms.
- Advising on operationalizing contracts in a complex, multi-vendor environment and proactively identifying and resolving associated legal and privacy issues.
- Communicating strategic privacy recommendations to business partners in a clear and actionable manner.
- Supporting the development and implementation of privacy governance frameworks and compliance programs.
- Working as a collaborative member of the Legal team, and a resource for internal knowledge management and precedent development.
- 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.
- 4+ years of practical post-call legal experience in both a corporate legal department and a law firm.
- Demonstrated experience interpreting and applying Canadian privacy laws, including conducting PIAs and advising on privacy risk mitigation strategies.
- Experience negotiating privacy-related commercial terms and drafting data processing agreements.
- Ability to communicate complex legal and privacy concepts in a strategic and business-friendly manner.
- Prior experience working for technology vendors, in financial services, or the payments industry (preferred).
- Working knowledge of privacy, cybersecurity, CASL, and other regulatory requirements applying to the financial services industry and payment network operators.
- Proven experience advising on a wide range of privacy-related matters impacting data, technology, UX, applications, products and services.
- 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.
- Proactivity with time management and project prioritization.
- A keen interest in the products, services, and interdependencies at Interac and in the payments ecosystem.
- Experience with government and regulatory affairs.
Interac requires employees to complete a background check that is completed by one of our service providers. We use this service to complete the following checks:
- Canadian criminal record check;
- Public safety verification;
- Canadian ID cross-check;
- 5-year employment verification;
- Education verification; and
- If applicable, Credit Inquiry and Social Media Check
How we work
We know that exceptional people have great ideas and are passionate about their work. Our culture encourages excellence and actively rewards contributions with:
Connection: You’re surrounded by talented people every day who are driven by their passion of a common goal.
Core Values: They define us. Living them helps us be the best at what we do.
Compensation & Benefits: Pay is driven by individual and corporate performance and we provide a multitude of benefits and perks.
Education: To ensure you are the best at what you do we invest in you
Please be aware of certain individuals fraudulently using Interac Corp.’s name and logo to offer fictitious employment opportunities. Interac Corp. will never ask, solicit, nor accept any monies in exchange for employment opportunities. Any such offers of employment are fraudulent and invalid, and you are strongly advised to exercise great caution and disregard such offers and invitations.
Please note that under no circumstances shall Interac Corp. be held liable or responsible for any claims, losses, damages, expenses, or other inconveniences resulting from or in any way connected to the actions of individuals performing such fraud. Further, such fraudulent communication shall not be treated as any kind of offer or representation by Interac Corp. or its subsidiaries and affiliates.
Interac (interac.ca) Toronto, Ontario, CAN Office
200 Bay Street, Suite 2400, , Toronto, Ontario , Canada, M5J 2J1
