International Fintech Counsel

Toast is driven by building the all-in-one restaurant platform that helps both US and international restaurants operate their business, increase sales, engage guests, 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 financial regulations to join our Legal team. In this role, you will provide US and international 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: This role offers flexibility for remote or hybrid work, depending on your location. Talk to your recruiter to determine the options available to you.

About this roll* (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, card networks, and merchants.
• Research, analyze, and respond to legal and regulatory questions regarding a variety of financial products and services across multiple jurisdictions 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.

 Do you have the right ingredients*? (Requirements)

• Hold 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.
• 6-12 years of legal experience advising corporate clients on US and international financial products and services.
• 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. *Expertise across the UK, Ireland, Canada, the US, Australia, and/or New Zealand is strongly preferred
• 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 with one or more of the following products/services: commercial credit. (e.g., loans, lines of credit, and/or credit cards), banking products (e.g., checking, savings, debit cards), alternative payment methods, purchase financing, merchant acquiring services, early wage access products, and/or retail installment sales. *Mortgage + auto financing, cryptocurrency, and investment products are not applicable
• Must possess excellent verbal and written communication skills, and be able to deliver clear and concise messaging to diverse audiences.

Our spread* of Total Rewards

We strive to provide competitive compensation and benefits programs that help to attract, retain, and motivate the best and brightest people in our industry. Our total rewards package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet Toasters’ changing needs. Learn more about our benefits at https://careers.toasttab.com/toast-benefits. 

• Flexible paid time off
• Sabbatical opportunity after five years
• Professional development reimbursement program
• Commitment to employee wellbeing through resources such as a quarterly wellness stipend and mental health benefits
• Parental leave
• Various peer and company recognition programs 
• 401(k) and matching
• Core health and welfare benefits including medical, dental, & vision coverage
• Employee stock purchase plan
• Subsidized backup childcare

Toast's headquarters is located in the heart of the Seaport District. Toasters are surrounded by art, culture, and delicious cuisine in one of the most bustling neighborhoods in Boston. The office includes spots for solo work and team meetings, event and social gathering areas, and spaces that inspire innovation.

#LI-HYBRID