International Fintech Counsel, Toast
$165-210k
+ Cash compensation (overtime, bonus/commissions if eligible) & Equity
More information about location
Point of sale and management system for restaurants
Open for applications
Point of sale and management system for restaurants
1001+ employees
Open for applications
$165-210k
+ Cash compensation (overtime, bonus/commissions if eligible) & Equity
More information about location
1001+ employees
Company mission
Toast's mission is to enrich the food experience for all.
Role
Who you are
- This role will allow you 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
- Must hold a degree from an ABA-accreditedABA 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+ years of legal experience advising corporate clients on US and international financial products and services
- Experience leading negotiations and drafting commercial agreements and consumer terms of service, specifically within the financial services industry
- Strong knowledge of financial laws and regulations and best practices across multiple jurisdictions, 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
- 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. (Note: mortgage + auto financing not applicable)
- Expertise across all jurisdictions is not required, provided that you have deep experience with researching, interpreting, and advising on a variety of international financial laws
What the job involves
- 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
- This position reports to Toast’s Assistant General Counsel, FinTech
- Advise a wide range of business stakeholders across multiple teams (including Product, Operations, Engineering, Marketing, Capital Markets, Strategic Alliances, and more) on new and existing financial laws and regulations in the US, Canada, Ireland, UK, and others as Toast expands into new territories
- 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
- Draft and negotiate agreements with financial institutions, third-party providers of financial services, card networks, merchants, and consumers
- Research, analyze, and respond to legal and regulatory questions regarding a variety of financial products and services
- Review multi-channel advertising materials for compliance with applicable laws and best practices, and provide feedback and guidance to Marketing team stakeholders
Our take
Running a restaurant means managing a stressful set of elements, all needing to work together seamlessly to create a good experience for diners. Toast helps to streamline processes, and puts an end to piles of paperwork, by providing a platform whereby tableside ordering, menu modifications, labour management, payroll, and more are all housed in one system that can run from a tablet.
Toast offers restaurant-grade hardware and cloud-based customisable payment solutions to serve clients from startup through to growth phase, as well as a service for established restaurants. By combining all the digital services a restaurant might need, the platform can act as the one and comprehensive solution for restaurants of any size, avoiding restaurateurs having to invest in a range of technologies.
Toast has over 70,000 restaurants on its books, from food trucks to national brands, and its mobile ordering and payment solutions have made it a recognized brand for consumers. The company's IPO in 2021 saw it valued at over $30 billion and since then, it has added more features to its product suite including wholesale and catering order tools. Toast then, has proven its place as an indispensable player in the restaurant space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
28% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Feb 2020
$400m
SERIES F
Apr 2019
$250m
SERIES E
Total funding: $899m
Company benefits
- Peer and company recognition programs
- Unlimited Vacation
- Sabbatical opportunity after five years
- Professional Development Reimbursement Program
- Commitment to Employee Wellness through resources such as a quarterly Wellness Stipend
- Various peer and company recognition programs
- 401(k) and matching
- Medical, Dental, & Vision Coverage
- Mental Health Benefits
- Subsidized backup childcare
Company HQ
Fenway–Kenmore, Boston, MA
Leadership
Steve Fredette
(President)They studied at MIT before co-founding Klick Mobile in 2009 and spending almost 7 years at Endeca. They left their Management role in June 2012 having co-founded Toast in May.
Aman Narang
(CEO)Having studied Computer Science at MIT, they worked at Endeca for 5 years. They moved from working as Product Manager to work full-time as President of Toast in 2013, having co-founded it the previous year.
Jonathan Grimm
(CTO)They also studied Computer Science at MIT before working as an Engineer for Endeca for over 4 years. They worked at Oracle for 5 months prior to co-founding Toast in May 2012.
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