Senior Commercial Counsel

October 25

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Trustly

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Fintech • Finance • eCommerce

Trustly is a leader in Open Banking solutions, providing a cohesive suite of financial and payment products designed to modernize payments, reduce costs, and mitigate risk. The company focuses on delivering secure, low-cost payments and seamless financial services through industry-leading connectivity, offering services such as instant payouts, customer onboarding, risk assessment, and real-time account verification. Trustly serves a variety of industries, including billers, eCommerce, financial services, and gaming, leveraging high-quality, bank-validated financial data to enhance user experiences. Their solutions are tailored to enterprise needs, aiming to improve acceptance rates, minimize processing costs, and prevent fraud risk.

- employees

Founded 2008

💳 Fintech

💸 Finance

🛍️ eCommerce

📋 Description

• Reviewing, drafting, revising, and interpreting a broad range of both inbound and outbound commercial agreements with merchants, partners, financial institutions, and vendors; • Proactively managing and leading negotiations of agreement terms and conditions; • Analyzing Trustly’s agreements and developing strategy to implement necessary updates; • Working with the go-to-market teams, strategic partners, and management to implement creative solutions to novel challenges; • Advise management and internal stakeholders regarding agreements, terms and conditions and other items; • Maintaining and updating Trustly’s standard form of agreements to streamline the contracting process, mitigate risk for Trustly, and align with Trustly’s policies and applicable law; • Maintaining and updating Trustly’s “playbook” to guide negotiations and approvals of commercial agreements; • Protecting Trustly’s interests by mitigating business and financial risk in commercial agreements; • Leading or being a key participant in projects to improve internal processes, support new product initiatives, and strengthen partnerships with financial institutions to build for scale; • Eager to jump in whenever help is needed and build cross-functional relationships; • Assist with due diligence requests for our merchants, partnerships, and financial institutions as needed.

🎯 Requirements

• 5+ years of experience drafting, negotiating and advising on a variety of commercial deals, including customer agreements, vendor agreements, bank partnership agreements, data protection agreements (DPAs) • Experience with privacy, data security, NACHA Rules and Card Network Rules is a plus • Excellent writing, oral communication, and organizational skills • Eager to learn about new and emerging technologies • Comfortable navigating complicated and nuanced legal issues • JD degree required • Ability to manage competing priorities, follow through and meet deadlines • #LI-Remote

🏖️ Benefits

• Flexible paid time off & generous PTO accrual plans • Comprehensive medical, dental, vision, and other insurances • FSA & HSA plans for medical and dependent care • Home office set-up allowance • Internet stipend • Retirement plan match for 401k and RRSP • Gender-neutral paid parental leave, and more!