Managing Counsel, Legal in Toronto, Ontario

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com (https://www.cibc.com/en/about-cibc.html)

What you’ll be doing

The CIBC Legal Department provides legal services to all lines of business within CIBC and assists in identifying, assessing and mitigating legal risks. The Managing Counsel role at CIBC leads a team of legal professionals accountable for providing a wide range of legal services and advice to business and functional leaders across the organization. Utilizing strong independent judgment, broad-based legal knowledge, and a high level of professionalism, the Personal Banking legal team proactively works with employees at all levels in designated lines of business focused on Retail products as well as functional teams impacted by a regulatory framework. The Personal Banking legal team members are experts in understanding and delivering proactive legal and regulatory advice to Canadian Retail banking to assist in the development and delivery of products and services as well as provide solution oriented advice to mitigate risk. The Managing Counsel also provides legal expertise to executive and senior leadership on complex and/or sensitive issues in both the project context and in unique situations.

How you’ll succeed

• Legal advice & counsel – Provide proactive, responsive legal advice grounded in the Bank Act and consumer protection laws and Codes of Conduct on complex issues primarily to related to CIBC’s Canadian retail banking business units with a specific focus on Cards to assist with the identification and mitigation of legal, regulatory and reputational risk in both end to end projects as well as on unique situations. You will also oversee and be directly engaged in the negotiations and preparation of the commercial arrangements that support the Cards business including network agreements along with other commercial agreements related to the Personal Banking business as needed. You will keep apprised of developments in the Cards industry including regulatory, case law and commercial developments and take a lead role in the identification and assessment of any impacts such developments may have on CIBC. You will identify frameworks for analysis, work closing with CIBC’s lines of business from product and service development to execution; collaborate on regulatory developments and proactively resolve legal issues that may have significant organizational implications and prepare practical recommendations to assist CIBC in addressing the identified issues.

• People management & leadership – Lead the performance, development and professional growth of lawyers in a manner that enables Canada Legal to deliver its value proposition to be professional partners, proactive counselors and knowledgeable advisors.

• Relationship management – Manage partnerships and relationships across CIBC by integrating into the business, facilitating open communication, maintaining and improving levels of internal business partner satisfaction, anticipating business needs and proactively offering legal advice including delivering training.

• Team engagement – Work collaboratively in a large legal team setting with other lawyers and CIBC Legal Department leaders, act as a team and operate in a managed matrix which is a hallmark of CIBC Legal Department’s strength in the market.

Who You Are

• You can demonstrate experience in and have proven track record of providing excellent legal judgement and deliver legal advice and prepare commercial agreements that involve complex issues and mitigate legal and reputational risk. You have significant relevant experience gainedata bank, a similar large organization or a top tier law firm including having strong commercial drafting experience in a regulated industry. People management experience is an asset.

• You’re a certified professional. Successful Candidate must have been called to the Bar in Ontario and are a member in good standing.

• You understand that success is in the details. You notice things that others don’t. Your critical thinking skills help to inform your decision making.

• You are a bold and accountable leader. You’re passionate about developing and coaching to bring out the best in people. You have led diverse, high performing teams.

• Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

#LI-TA

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program, defined benefit pension plan, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

• CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact [email protected]

• You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

• We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

Toronto-81 Bay, 20th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Banking Laws, Contract Negotiations, Legal Issues, Legal Matters, Legal Practices, Legal Services, Negotiation, People Management, Regulatory Advice

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.

Working with CIBC makes you a part of a work environment committed to our clients, employees and communities – a place where you can excel.

Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.