Payments Lawyer

20 hours ago


Toronto, Ontario, Canada Axiom Talent Platform Full time $120,000 - $180,000 per year

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:

  • 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.
  • 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.
  • 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.
  • Provide counsel on payments systems and services and draft related documentation.

Qualifications: 

  • 5+ years of experience working in-house or in-firm advising banks, financial institutions or payment related corporations.
  • 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.
  • 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 predominately work remotely, with the exception that some clients require 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 alterative 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 proud to be named a best place to work for LGBTQ+ Equality, earning top marks in the 2021 Corporate Equality Index for the second consecutive year. Axiom's legal department is Mansfield certified and is 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 on the basis of race, color, nationality, national or ethnic origin, religious creed or belief, political opinion, sex, gender reassignment, pregnancy or maternity, age, disability, alienage or citizenship status, marital (or civil or other partnership recognized by law) status, genetic predisposition or carrier status, sexual orientation, military service, or any other characteristic protected by applicable law. Axiom prohibits and will not tolerate any such discrimination or harassment.

Axiom will accommodate persons with disabilities in accordance with the Accessibility for Ontarians with Disabilities Act and in accordance with the Human Rights Code. Accommodation for applicants with disabilities can be provided at each stage of the recruitment process. If you have a disability and require accommodation to complete the application form, please contact us at .  In addition, if you are invited to participate in an interview stage, please inform us if you require special accommodation at the time of your invitation for an interview. 

Axiom respects your privacy. For an explanation of the kind of information we collect about you and how it is used, our full privacy notice is available at  

Employment with Axiom may be contingent upon successful completion of a background check, providing proof of identity, and possessing the necessary legal authorization to work.

By submitting an application, you acknowledge that all information contained therein, and provided at any part of the application process, is correct and accurate to the best of your knowledge.

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