International FinTech Counsel
Summary of Relevant Experience
Summary of Experience – International FinTech Counsel @ Toast
- JD/MBA-credentialed in-house counsel with approximately four years of progressively senior legal experience advising large employers and multiemployer funds on complex regulatory frameworks, compliance programs, and commercial arrangements in heavily regulated industries.
- Regulatory and compliance attorney who has led plan governance, HIPAA compliance, and M&A due diligence at a Fortune 500 insurer and multiemployer funds, demonstrating ability to manage multi-stakeholder legal questions at pace.
- Transactional counsel who has drafted, negotiated, and managed agreements with institutional counterparties and third-party providers, reporting directly to C-suite executives and coordinating outside counsel across concurrent workstreams.
- Senior associate-level attorney positioned for director or senior counsel roles in financial services or fintech, with demonstrated experience translating dense regulatory requirements into compliant, operational solutions for cross-functional business partners.
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Why this is a fit
This is an international fintech payments/banking regulatory counsel role requiring 5+ years of multi-jurisdictional financial services law (UK, Ireland, Canada, Australia), which is a different legal specialty from your ERISA, employee benefits, HIPAA, and healthcare compliance background; while the fintech industry and remote-US location align with your targets, you lack the required international payments and banking regulatory experience that is core to this role.
About the role
Toast creates technology to help restaurants and local businesses succeed in a digital world, helping business owners operate, increase sales, engage customers, and keep employees happy. Through its FinTech business line, Toast offers its customers and their guests access to a wide range of financial products and services, including payment processing, commercial loans, banking products (high-yield savings accounts, debit cards, and more), purchase financing options, and more! As we expand our product line internationally, we are hiring an experienced, mid-level attorney with knowledge of multi-jurisdictional payments and banking regulations to join our Legal team. In this role, you will provide transactional and regulatory legal support to a passionate and enthusiastic team of business partners around the world, and help design creative and compliant commercial and consumer financial products for restaurants, staff, and guests. As an International FinTech Counsel, you will have the ability to lend subject matter expertise on existing products and expose you to totally new ones, and you’ll do everything in a fun and collaborative environment that values your insights, creative thinking, and intellectual curiosity. This position reports to Toast’s Assistant General Counsel, FinTech. Note: Our Legal & Compliance teams are primarily concentrated in Boston, New York, Washington D.C., San Francisco, and Chicago. Candidates residing in these areas will be prioritized, as they will benefit from closer proximity to colleagues and greater access to company resources and events. A day in the life (Responsibilities) Advise a wide range of cross-functional business stakeholders on multi-national financial laws and regulations to facilitate the fast-paced expansion of Toast’s payments and banking products and services into new international territories Draft and negotiate strategic partnership agreements and other commercial contracts with financial institutions, third-party providers of financial services (including payment processors), card networks, and merchants Research, analyze, and respond to legal and regulatory questions regarding a variety of financial products and services across multiple geographies in various stages of roll-out Represent Legal on cross-functional teams to help design and implement cutting-edge financial products, identify creative solutions to unique use cases and escalated issues, and ensure compliance with applicable laws, regulations, partner contracts, and card brand rules Review multi-channel advertising materials for compliance with applicable laws and best practices, and provide feedback and guidance to Marketing team stakeholders What you'll need to thrive (Requirements) A degree from an ABA-accredited law school, or the equivalent in your jurisdiction, and meet all professional and legal requirements necessary to practice in-house law in your jurisdiction 5+ years of legal experience advising corporate clients on international financial products and services. Must have experience with financial services regulations in one or more of the following locations: UK, Ireland, Canada, and/or Australia Experience leading negotiations and drafting commercial agreements and consumer terms of service within the financial services industry Strong knowledge of financial laws and regulations and best practices across multiple international territories, including applicable jurisdictional laws related to banking products, consumer protection, extensions of credit, flows of funds (including money transmission), and card association and payment network rules Experience overseeing the expansion of numerous financial products and services into new global territories and ability to manage multiple implementations at once Subject matter expertise in the payments space and experience with banking products *Mortgage + auto financing, cryptocurrency, and investme