Payments Lawyer

Axiom; Canada; Remote; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Payments Lawyer to join their innovative team. This role offers the chance to work with Canada's largest financial institutions, providing legal counsel on critical regulatory matters in the payments sector. Ideal candidates will have over 5 years of experience and a deep understanding of payment systems, enabling them to influence major financial operations. The position promotes a dynamic work environment, allowing for professional growth and the opportunity to make a significant impact in the rapidly evolving payments landscape.

Benefits

Medical Insurance

Dental Insurance

Professional Development Resources

Learning and Development Programs

Qualifications

• 5+ years of experience advising banks and financial institutions.
• Deep understanding of payments systems and regulations.

Responsibilities

• Provide legal counsel on regulatory matters for payment systems.
• Draft and negotiate documentation for payment services.

Skills

Regulatory Compliance

Legal Analysis

Contract Negotiation

Payments Systems Knowledge

Education

Law Degree

Member of the Law Society of Ontario

Job description

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We are currently seeking Payments Lawyers to work with Canada’s largest in-house banking and financial institutions. This role offers the opportunity to influence major financial operations and innovate within the rapidly evolving payments sector. Ideal candidates will have 4+ years of related experience with deep understanding of regulations impacting payments systems and services.

Responsibilities:

1. Working with and advising business clients directly to provide comprehensive legal counsel on a range of regulatory and transactional matters concerning payment systems and services for large financial institutions, including card issuing, ACH payments, mobile payments, card schemes and payment networks, gift cards, B2B payments and other emerging payment systems.
2. Drafting, negotiating and executing cards/payments documentation, marketing client facing materials including Terms and Conditions and contracts relating to the full practical legal advice and support on business matters in a dynamic environment.
3. Collaborate with the internal business, legal and compliance teams to analyze and interpret proposed payment related legislation and regulations (both domestic and international) and their effect on current or pending products.
4. Provide counsel on payments systems and services and draft related documentation.

Qualifications:

1. 5+ years of experience working in-house or in-firm advising banks, financial institutions or payment related corporations.
2. Experience providing legal support and analysis on a range of payment related matters including: merchant acquiring, card issuing, mobile payments, ACH payments, B2B payments and other emerging payment systems.
3. Member in good standing with the Law Society of Ontario.

Compensation, Benefits & Location:

This role offers competitive compensation and a highly competitive benefits package in the alternative legal services marketplace, that includes Medical, dental, and more. Axiomites also get access to professional development resources and learning and development programs. Axiomites predominantly work remotely, with some clients requiring on-site presence.

Axiom is the global leader in high-caliber, on-demand legal talent. Covering North America, the UK, Europe, and APAC, we enable legal departments to drive efficiency and growth and meet the demands of today’s business landscape with best-in-breed alternative legal services.

Axiom is a leader in diversity, inclusion, and social engagement. Diversity is core to our values, and we are proud to be an equal opportunity employer. We are recognized as a top place to work for LGBTQ+ Equality, earning top marks in the 2021 Corporate Equality Index for the second consecutive year. Our legal department is Mansfield certified and committed to considering at least 50% diverse candidates for leadership roles and outside counsel representation.

Learn more about working at Axiom.

Equal Opportunity Employer: Axiom ensures equal employment opportunity in recruitment and employment, without discrimination or harassment based on race, color, nationality, ethnicity, religion, political opinion, sex, gender identity, pregnancy, age, disability, alienage, citizenship, marital status, genetic predisposition, sexual orientation, military service, or other protected characteristics. We prohibit discrimination and harassment.

Axiom will accommodate persons with disabilities per the Accessibility for Ontarians with Disabilities Act and the Human Rights Code. Accommodation can be provided at each recruitment stage. If you require accommodation, contact us at [e-mail].

We respect your privacy. For details on data collection and usage, see our privacy notice at https://www.axiomlaw.com/privacy-notice.

Employment may be contingent upon background checks, proof of identity, and legal work authorization.

By submitting an application, you confirm that all information provided is accurate and complete to the best of your knowledge.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Legal

Industries

• Law Practice