The Role
The Senior Commercial Counsel will draft, negotiate, and manage commercial agreements while advising on legal compliance and risk mitigation. This role involves collaboration with various teams to support Trustly's growth in payment solutions.
Summary Generated by Built In
WHO WE ARE
At Trustly, we're building a smarter, faster, and more secure financial future by revolutionizing the world of payments. As a global leader in Open Banking Payments, we are establishing Pay by Bank as the new standard at checkout, providing unparalleled freedom, speed, and ease to millions of consumers and merchants worldwide.
Our Ambition: To build the world’s most disruptive payment network and redefine what the payment experience should feel like.
Trustly is a global team of innovators, collaborators, and doers. If you are driven by a strong sense of purpose and thrive in a dynamic, entrepreneurial, and high-growth environment, join us and be part of a team that’s transforming the way the world pays.
ABOUT THE ROLE
As a senior member of the commercial contracts team for Trustly, you will be responsible for drafting, negotiating, analyzing, and updating agreements with a focus on agreements to support a wide range of Trustly initiatives, including the development of new payments products, expanding partnerships with financial institutions, and the sale of Trustly products to Merchants and partners, including channel partners, e-commerce, and billing merchants, vendors, and marketing partners . This role will work cross-functionally with go-to-market, banking partnerships, compliance, and product functions at Trustly to support the sustainable growth of a hyper-scale business.
WHO YOU'LL WORK WITH
On the Legal, Regulatory and Compliance team, we are dedicated to ensuring that we operate with integrity and adhere to all relevant laws and regulations. Our initiatives are designed to help us achieve our goals while promoting responsible business practices and upholding the highest standards of legal and regulatory compliance. We are looking for people who are ( insert skills) to play a critical role in ensuring the long-term success of our organization.
WHAT YOU'LL DO
- 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.
WHO YOU ARE
- 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
Applications for this role are accepted on an ongoing basis.
SALARY RANGES IN US-BASED ROLE POSTING
Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Recruiters can share more information with applicants about the specific salary range for preferred locations during the hiring process. Please note that the compensation details listed in US role postings reflect the base salary only, and do not include bonus, equity, and other perks and benefits.
WHAT WE OFFER
At Trustly, you will have the chance to solve meaningful challenges alongside some of the brightest minds in FinTech. Together, we are shaping the future of payments in an environment that celebrates curiosity, collaboration, and innovation. You will be challenged and empowered to grow, making a real impact every step of the way.
Our team is as diverse as the global footprint we serve, with colleagues across Silicon Valley, the U.S., Canada, Brazil, Europe, and beyond. We embrace a remote-first culture that empowers you to balance your career ambitions with personal fulfillment. At Trustly, we foster a workplace where everyone feels they belong—a place where teamwork thrives, ideas flourish, and we never forget to have fun along the way.
The total compensation packages include competitive salaries, bonus plans, and stock options. We offer innovative perks and benefits packages that include:
- 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!
(The benefits and total compensation packages outlined above are for full-time employees; some exclusions apply for temporary positions.)
At Trustly, we embrace and celebrate diversity of all forms and the value it brings to our employees and customers. We are proud and committed to being an Equal Opportunity Employer and believe an open and inclusive environment enables people to do their best work. All decisions regarding hiring, advancement, and any other aspects of employment are made solely on the basis of qualifications, merit, and business need.
Top Skills
Commercial Contracts
Legal Agreements
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The Company
What We Do
At Trustly, we envision a world in which online payments are fast, simple and secure for everyone — merchants, consumers and banks alike.
One hundred years ago, cash was king. People got paid in cash, carried it in their wallets, and bought things with it at the local store. Payment was easy.
Oh, how the times have changed.
Today, our salaries are deposited straight into our bank accounts and we shop online, from merchants all around the world. So why is it so hard to pay straight from our bank accounts?
For consumers, paying online should be as easy as sliding a bill across the counter. And accepting payments and issuing refunds should be the least of merchants’ worries. Credit cards, debit cards, e-wallets, invoices and cash-on-delivery are all middlemen levying fees, debt and interest for the simple task of moving money from one person to another.
At Trustly, we work hard to make online payments easy.
Why Work With Us
At Trustly, we work hard to make online payments easy. We’re dynamic, not stuffy. We’ve got the drive and ambition of a startup and the experience and advantage of a scale-up, all wrapped up in one amazing team. The pace is fast, and change is frequent. We prioritize agility to adapt to whatever tomorrow brings.
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