Corporate Counsel, FinTech and Employee Cloud at Toast

| Greater Boston Area
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Toast offers a variety of products and services to assist its constantly growing base of restaurant customers with their unique financial and team management needs. Through its Toast Capital and Customer Finance business lines, Toast designs, markets, and provides operational support for innovative financial products to provide restaurants with access to capital and hardware/software financing. In July 2019, Toast acquired StratEx, a leading provider of HR and payroll software, and launched its Employee Cloud business line, which provides payroll processing and many other employee management products and services. Integrating FinTech and Employee Cloud into its existing suite of services has helped Toast provide its customers with a one-stop shop to address all of their operational considerations. Integrating FinTech and Employee Cloud into its existing suite of services has helped Toast offer a one-stop shop for restaurants to address all of their operational needs.

 

Toast, Inc. is hiring a Corporate Counsel to assist with the day-to-day general corporate legal needs of its FinTech and Employee Cloud business lines. As Corporate Counsel, you will analyze and advise Toast and its subsidiaries on legal, compliance, and financial regulatory matters, inform the development of new financial products, and support the company's rapid growth through drafting and negotiating contracts with vendors and customers. This position reports to Toast's Lead Counsel, FinTech and Employee Cloud.
What you will do:

  • Research, analyze, and advise business units on complex legal and compliance matters related to new and existing products and services, contract terms, and regulatory interpretation
  • Review multi-channel advertising materials for compliance with federal and state laws and best practices
  • Draft, review, update, and negotiate foundational documents for products and services (e.g., customer agreements, terms of service, etc.) as well as vendor contracts
  • Assist with strategic initiatives from a compliance and risk perspective, including opportunities to integrate FinTech and Employee Cloud products and services
  • Monitor evolving laws that may impact FinTech and Employee Cloud business lines, and assist with operationalizing and implementing compliant solutions
  • Independently and proactively execute critical tasks necessary to mitigate risk and maintain compliant products and services
  • Work closely with other members of Toast's in-house Legal and Compliance team to leverage internal subject matter expertise on product, payments, labor and employment, intellectual property, privacy, and cybersecurity, and integrate input into FinTech and Employee Cloud solutions

Do you have the right ingredients?

  • A J.D. from an ABA-accredited U.S. law school, and membership in good standing to at least one state bar
  • At least 5-7 years of experience either in-house at a FinTech company or at a law firm, preferably with exposure to the FinTech industry. Exposure to employment/labor law, banking law, money transmitter laws, or payments industry helpful but not required
  • Strong drafting skills (contracts, memoranda, etc.) with an extra emphasis on attention to detail
  • Knowledge of state and federal laws related to marketing, including FTC Act (and UDAP analysis), TCPA, and CAN-SPAM
  • Ability to analyze risks, evaluate legal issues, and provide concise written advice to a business (i.e., non-legal) audience
  • Comfortable in a rapid-paced working environment with quick turnaround times
  • Inquisitive and independent self-starter who is enthusiastic about learning new things and growing in the role and as an attorney
  • High ethical standards, team-focused, positive attitude, and good sense of humor
  • Ability to collaborate effectively with a wide range of people in a diverse and accepting environment. Embodies our "no ego" philosophy while working opposite a new hire, seasoned co-worker, or junior colleagues.
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Technology we use

  • Engineering
    • JavaLanguages
    • JavascriptLanguages
    • jQueryLibraries
    • ReactLibraries
    • AngularjsLibraries
    • ES6Libraries

Location

Toast is headquartered in the heart of Fenway. Catch a Sox game, grab a bite, and stroll through one of the trendiest neighborhoods in Boston.
Toast values candidates with varied backgrounds — and these 3 employees prove it
Watch

An Insider's view of Toast

What’s the vibe like in the office?

Our office has both a relaxed but productive vibe. You'll see people with their heads down working, but you'll also see people hanging out and collaborating in open spaces. There's a good balance between work and play. When I'm not heads down coding, you'll find me playing guitar or hanging out in the Toast Pub.

Gabe Gonzalez

Associate Technical Sourcer, Previously: Software Engineer

How has your career grown since starting at the company?

I began as an Implementation Engineer, moved into instructional design, and now I am in my dream role as a Product Manager. This is afforded because Toast fosters a culture where experts in their domains are eager to give you a masterclass in what they do – you only need to ask and be willing to learn. This is the best perk when working at Toast.

Sean Park

Product Manager

What are some things you learned at the company?

Where should I start? For hard skills, I’ve learned more than I ever thought I would about Excel and Salesforce. I’ve also learned what it looks like when a company not only talks the talk, but walks the walk. We’ve been able to execute on what we’ve set out to do because we are willing to try new things, make mistakes, and learn from them.

Matt

Payments Relationship Manager

What are Toast Perks + Benefits

Toast Benefits Overview

Toast strives to provide competitive compensation and benefits programs that help to attract, retain and motivate the best and brightest people in our industry. Our total reward package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet our employees’ changing needs.

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Intracompany committees
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Unconscious bias training
Someone's primary function is managing the company’s diversity and inclusion initiatives
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Team workouts
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Company Equity
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Company sponsored family events
Vacation & Time Off Benefits
Unlimited Vacation Policy
Paid Volunteer Time
Paid Holidays
Paid Sick Days
Perks & Discounts
Beer on Tap
Casual Dress
Commuter Benefits
Company Outings
Stocked Kitchen
Happy Hours
Parking
Recreational Clubs
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Diversity Program
Lunch and learns
Cross functional training encouraged
Promote from within
Mentorship program
Time allotted for learning
Online course subscriptions available
Customized development tracks
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