Product Counsel

Legal.io; Canada; Remote; USD 180,000 - 230,000; Full time

Job summary

An established industry player is seeking a skilled Product Counsel to join their remote team. This role involves providing legal guidance on payments products and compliance with Canadian regulations. The ideal candidate will have extensive experience in consumer laws and a Canadian law license. You will work closely with product teams, ensuring that all offerings meet regulatory requirements while optimizing user experience. This is a fantastic opportunity to make a significant impact in a dynamic environment, where your expertise will directly influence the company's success in the fintech sector.

Qualifications

• 6+ years of experience in legal counsel, particularly in payments.
• Strong understanding of Canadian consumer laws and regulations.

Responsibilities

• Advise on compliance with the Retail Payments Activities Act (RPAA).
• Provide legal support for BNPL and payments products in Canada.

Skills

Canadian law expertise

Consumer laws knowledge

Excellent verbal communication

Excellent written communication

Product counsel experience

Education

Canadian law license

Job description

This range is provided by Legal.io. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$180,000.00/yr - $230,000.00/yr

Direct message the job poster from Legal.io

A leading public fintech company is seeking an experienced Product Counsel with payments experience to assist their payments product teams in Canada. This is a full-time (40 hours per week), fully-remote, contract role for an initial 9-month term. A Canadian law license is required for this role, though it is open to anyone residing in the US or Canada.

Title: Product Counsel - Payments (Secondment)

Experience: 6+ Years

Location: Remote (United States or Canada)

Duration: 5 Months (May - September 2025)

Pay Rate: $90 - $115 / hr ($180,000 - $230,000 annualized)

Role Responsibilities:

With the passage and upcoming implementation of the Retail Payments Activities Act (RPAA) in Canada, a resource is required with Canadian law expertise to directly advise internal BNPL (buy now pay later) and payments clients on product and regulatory work. This role will provide legal advice to Product teams as it relates to the company's BNPL offerings in CA including, with respect to:

• Reviewing and advising on frameworks, policies and processes to comply with RPAA.
• Advising on implementation of IDV requirements on customers to address MAP requirements.
• Advising on implementation of FCAC Consumer Driven Regs.
• Providing guidance on how to allow merchants usage of BNPL products embedded within e-commerce websites and mobile applications
• Providing legal advice associated with res-sequencing and optimizing the self-serve onboarding by deferring bank checks to after the first transaction to reduce time to onboard.
• Provide product management regulatory support, including license maintenance and responding to regulatory requests.
• Providing ongoing product (and potentially regulatory) legal support for BNPL and payments products in Canada. This includes drafting and revising terms of use and other disclaimers, reviewing wireframes and flows, advising on product specific issues and other regulatory issues and providing support for regulatory required provisions (e.g. disputes, complaints, etc.)

Experience:

• 6+ years
• Canadian licensed lawyer
• Experience in consumer laws, rules and regulations
• Preferred product counsel experience
• Excellent verbal and written communication skills.

Seniority level

• Associate

Employment type

• Contract

Job function

• Legal

Referrals increase your chances of interviewing at Legal.io by 2x

Sign in to set job alerts for “Lawyer” roles.