BMO Financial Group is seeking a full-time lawyer to join the legal team in Toronto as Senior Legal Counsel responsible for providing legal support, with a focus on derivatives, to BMO Global Asset Management’s (BMO GAM) manufacturing of retail and institutional investment products, including the BMO Mutual Funds, BMO Exchange Traded Funds, BMO AM Pooled Funds and alternative products.
You will deliver expert and experienced legal support to BMO GAM’s Canadian business, operations and corporate affairs, with a focus on:
Acting as a subject matter expert on relevant laws, regulations and policies relating to listed and OTC derivatives, including options, forward contracts, futures, swaps and other derivatives instruments
Drafting and negotiating derivatives documentation, including ISDAs, credit support annexes, account control agreements, broker agreements, onboarding documents and ancillary documentation
Derivatives transactional support, with a focus on equity and interest rate derivatives, including drafting and reviewing ISDA trade confirmations
Advising on a wide array of existing and new derivatives laws and regulatory initiatives, including trade reporting, margin requirements and compliance with National Instrument 81-102 Investment Funds
Providing legal and regulatory advice on new and existing investment products, initiatives, strategies, policies and developments
Identifying risks and implementing appropriate actions to mitigate them
Implementing areas of improvement to ensure consistency with industry practice when dealing with counterparties
Building effective relationships with internal/external stakeholders
Instructing and managing external legal counsel
Broader work or accountabilities may be assigned as needed
This position will not be responsible for litigation matters.
The successful candidate will be a team player with strong legal and organizational skills and a proven ability to:
Make things happen with pace
Effect change
Tackle challenges outside of your historic expertise
Support our business as it evolves and pursues new opportunities
Qualifications
Knowledge
Minimum requirements are a degree in law (LLB/JD) and license to practice law in Canada
5+ years post Call to the Bar expertise in private practice, in-house experience or experience at a regulatory body
Knowledge of the business and regulatory environment in which BMO Financial Group operates
Skills:
Strong judgment and analytical capability
Strong verbal and written communication skills
Excellent relationship management skills
Strong drafting and negotiation skills
Ability to work independently and in a team environment
Solution-oriented with strong ability to make things happen with pace
About Us
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.
To find out more visit us at https://jobs.bmo.com/ca/en.
BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.
We are committed to hiring military and Veteran spouses and encourage you to identify your connection with the MSEN when reaching out to us or applying to any of our open roles.
Have questions or want to learn more about us? We would love to hear from you!
Diversity and Recruitment Team
E mail: diversity.recruitment@bmo.com
Introduce Yourself to BMO (Military/Veterans)
Careers for service members, veterans and their families
We’re proud to be the official bank of the Canadian Defence Community – and that goes beyond supporting your financial well-being. We value the skills you’ve earned in the military, and we’re here to help as you move into the next stage of your professional life.
BMO is a Poppy Campaign partner and invests over $265k per year in 3+ signature sponsorship properties, including the Canada Army Run, the Navy Bike Ride, and the RCAF Run.
At BMO, you’ll have the opportunity to use your commitment, discipline, and dedication to teamwork to make a difference. Come and grow your career with us.