Get daily remote job opportunities in your inbox

No middlemen, no spam, no infinite scrolling.

Get relevant job opportunities, one email at a time.

Unsubscribe at any time.

Back to Remote jobs  >   Finance / Legal
Senior Legal Counsel @Central 1 Credit Union

[Hiring] Senior Legal Counsel @Central 1 Credit Union

Mar 31, 2025 - Central 1 Credit Union is hiring a remote Senior Legal Counsel. 💸 Salary: $156,200-$190,000. 📍Location: Canada.

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit www.central1.com. What we offer: Work-life flexibility Hybrid work environment One time allowance to set up your office for remote first employees Variable annual incentive plan Generous annual vacation allotment Top-notch flexible benefits plan including family building and gender affirmation Retirement Plan, matched contributions at 6% Access to a learning platform and educational assistance support Access to a virtual wellness platform Career development opportunities Wellness Flex Fund to support personal interest and activities Day off to volunteer in your community and other paid time off options Corporate discounts *subject to employment agreement Job Summary: As a Senior Legal Counsel at Central 1, you’ll be a key leader within the legal team, working closely with the Chief Legal Officer and the business, in particular with the payments team, to provide expert legal support, with a strong focus on payments. You will guide payments stakeholders through complex legal matters, ensure compliance with regulatory frameworks, and drive high-impact projects. Your deep expertise in IP law, competition law, and payments will shape legal strategies that empower our payments team to innovate and grow. Join us to make a significant impact by supporting the payments business and leading with excellence in a dynamic, evolving industry. What you’ll be doing: Procurement & Vendor Management: Manage the acquisition of mission-critical goods and services through partnerships and vendors. Negotiate and structure agreements with key service providers, payment processors, and technology partners. Anti-Spam, Privacy, and Data Protection: Ensure compliance with anti-spam, privacy, and data protection laws, including PIPEDA, provincial privacy regulations, and best practices. Contract Management: Review, draft, and negotiate a wide range of contracts, including but not limited to: Technology agreements Agreements with payment processors Complex service and consulting agreements Joint venture and strategic alliance agreements Outsourcing, licensing, and service agreements Confidentiality agreements and non-disclosures Requests for Information (RFI) and Requests for Proposals (RFP) Legal Guidance & Advisory: Provide expert legal advice on digital and technology initiatives, including cybersecurity, data sharing, blockchain/distributed ledger technology, artificial intelligence, machine learning, and payment systems. Advise on clearing and settlement risk models, privacy law, regulatory compliance, and payment products (credit cards, prepaid cards, digital wallets, and alternative payment methods). Regulatory Compliance & Monitoring: Stay updated on regulatory changes affecting the payments industry, advising on necessary adjustments to contracts and business practices. Maintain a comprehensive understanding of regulatory bodies such as the Bank of Canada, OSFI, FINTRAC, and the Privacy Commissioner of Canada. Familiarity with Key Regulations: Expertise in regulations such as PCI DSS, AML regulations, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), and consumer protection laws. Strong knowledge of Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) and related provincial laws. Deep understanding of the Canadian Payments Act, as well as the rules and bylaws of various payment systems. Collaboration & Data Protection: Collaborate with internal teams to implement anti-fraud measures, cybersecurity protocols, and risk mitigation strategies. Draft and amend client agreements, disclosure materials, and related documentation to ensure enforceability and compliance with legal obligations. What you’ll have: Law degree (LL.B or J.D.) and active membership in a Canadian provincial bar. 8+ years of experience in legal roles, with a focus on payments, financial services, and technology. In-depth knowledge of the payments industry, including familiarity with regulatory frameworks such as PCI DSS, AML, and privacy laws. Membership in good standing with the B.C. Law Society or the Law Society of Upper Canada. Proven experience negotiating and managing complex contracts. Excellent written and verbal communication skills with the ability to distill complex legal concepts into clear, actionable advice. Knowledge of provincial and federal financial institution regulation. Willingness to tackle matters outside of areas of expertise. Strong collaboration skills and experience working cross-functionally in a fast-paced environment. Ability to stay current with industry regulations and trends impacting the payments industry Salary Range: $156,200-$190,000 The salary range represents the job rate determined for the successful candidate who is fully competent in the role. The actual salary will vary depending on market conditions and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. #LI-Hybrid Central 1 is an equal opportunity employer and committed to building an inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We welcome all applicants to join our diverse workforce and we will provide an accessible candidate experience including, but not limited to accommodations to interview sites and alternate formats upon request to our Recruitment team. Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit www.central1.com. Our total rewards package goes beyond what goes into your credit union account. For eligible employees, we offer a comprehensive compensation structure consisting of a competitive base salary and individual and company-wide annual incentive, matched contributions for your retirement plan and a top-notch benefits plan. Beyond the numbers, we think about you as a person, offering work-life flexibility, career development opportunities and a day off to volunteer in your community. Central 1 is committed to building a diverse and inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We are welcoming of all applicants and we will provide an accessible candidate experience

Similar Remote Jobs

More jobs at Central 1 Credit Union

More Legal jobs

More jobs in Canada

Kickstart Your Job Search

Need advice to apply? Join our free Webinar « 3 Mistakes to Avoid When Looking For A Remote Startup Job (And What To Do Instead) »
Register for free

Unlock 54,857 additional remote jobs, advanced search & email notifications

Get Access Now

Too many emails? Declutter your inbox with Meco

Your home for reading newsletters

Try for free - no card required.
Before You Apply
️
📍 Be aware of the location restriction for this remote position: Canada
‼ Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
Back to Remote jobs  >   Finance / Legal
Senior Legal Counsel @Central 1 Credit Union
Finance / Legal
Salary 💸 $156,200-$190,000
Remote Location
Canada
Job Type full-time
Posted Mar 31, 2025
Apply for this position Unlock 54,857 Remote Jobs
️
📍 Be aware of the location restriction for this remote position: Canada
‼ Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
Senior Legal Counsel Apply for this position Unlock 54,857 Remote Jobs
×
  • Unlock 54,857 hidden remote jobs.
  • Your shortcut to remote work. Apply before everyone else.
  • Click and apply. No middlemen, no hassle.
Remotive - Email digest of tips on remote work and productivity | Product Hunt

We’re not like the other sites. Come see why!

50% off in April 2025
  • Single payment
  • Lifetime access
  • Filter by location/skills/salary…
  • Create custom email alerts
  • Private Slack Community

Get relevant job opportunities in your inbox

    Remotive
    Find Remote Jobs
    Hiring Remotely
    Quick Access