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Interac Corp.

Senior Legal Counsel

Toronto, ON, Canada
Interac Corp. Head Office, Canada

Full-time

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Job details

Job type: Full-time
Experience: A minimum of 8 years practical, post-call legal experience in both a corporate legal department and a law firm.
Posting language: English
Posted: Nov 5, 2026

Original job description

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.

Senior Legal Counsel

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, technical virtuosos, and high-performance application developers? We want to hear from you.

As Senior Legal Counsel, you will be responsible for providing 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.

We are looking for a lawyer with keen business judgment and a genuine interest in the 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.

You’ll be responsible for:

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 emerging technologies to complete time-sensitive projects while mitigating potential legal risks.
Exercising business judgment to deliver practical and pragmatic solutions in an environment when the “right” legal answer is often unclear.
Drafting, reviewing, and negotiating 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.
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.

You bring:

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).

What We’re Offering:

We offer a competitive salary for this position 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 Interac’s 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, you’re joining a purpose-driven organization that’s shaping the future of digital finance in Canada. Here’s 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 what’s 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. That’s 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 humanresources@interac.ca. 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.

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More about this job

Responsibilities

Provide strategic legal advice and risk analysis while negotiating a diverse range of commercial and technology contracts. Collaborate with business units to operationalize contracts and mentor junior legal team members.

Requirements

Requires a Law Degree and membership in good standing with the Law Society of Ontario. Candidates must have at least 8 years of post-call legal experience in corporate or law firm environments.

Skills

Legal guidance
Strategic risk analysis
Technology contracting
Outsourcing
Third-party risk management
Contract negotiation
Commercial law
Software licensing
Privacy law
Cybersecurity
CASL
Financial services regulation
Payment systems
Digital banking
Mentorship
Knowledge management

Benefits

Generous vacation and wellness days
Employer-funded RRSP program
Flexible hybrid work model
Employee & family assistance program
Pregnancy and parental leave top-up
Charitable donation matching

Visa sponsorship

Not detected in the job text

Keywords

Legal Counsel
Financial Services
Payment Network
Technology Contracting
Cloud Agreements
Software Licensing
Privacy
Cybersecurity
CASL
Digital Payments
Open Banking
Risk Management
Commercial Contracts
Vendor Management
Law Society of Ontario
Corporate Law
Fintech
Digital Identification
Authentication
Regulatory Compliance

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