Managing Counsel, Personal Financing Products

Job Summary

Protects a facility’s legal interest and maintains its operations within the scope established by law. Manages activities through senior managers and managers and implements corporate and divisional strategic plans and budgets.

Job Description

What is the opportunity:

As Managing Counsel, Personal Financing Products (GG06), you will support the goals of the SVP & Deputy General Counsel, Products & Businesses in achieving the business/operations, strategic priorities and operational performance goals of the Law Group. Reporting to the Assistant General Counsel, Personal Banking Products, you will provide legal services to the Personal Financing Products line of business.

What will you do:

Personal Lending Legal Advice: This position is responsible for providing all aspects of legal advice in connection with personal lending products. This will include legal and regulatory advice relating to consumer protection (federal and provincial), mortgage lending, conditional sales agreements, term loans, point of sale loans, and lines of credit. The role will advise of anticipated changes in legal requirements affecting its activities and operations. The role will support escalations to the product owners relating to particular personal lending and mortgage related issues. You will collaborate with other Law Group colleagues where necessary to provide appropriate legal advice.

Business Strategy: The role will partner with the business unit and provide advice in connection with the business unit’s strategic goals, objectives, business plans and initiatives, and will support advocacy efforts and industry work. The role will also advise on transformational projects and new initiatives undertaken by the lines of business. The role will work closely with the Assistant General Counsel in advising the business on initiatives that involve personal lending and consumer protection.

Regulatory Compliance: You will work closely with Canadian Banking Compliance and first line compliance to provide advice on regulations and assist on regulatory projects.

Contract Negotiation: You will assist in the negotiation and drafting of agreements with third parties who engage with the business unit on a variety of initiatives and projects.

What do you need to succeed?

Must-have:

• Bachelor of Law (Common Law or Civil) from a recognized law school.
• Member of the Bar in any Canadian Province or Territory with at least 8 years of experience in personal lending and consumer protection.
• Excellent communication, negotiation and drafting skills.
• Ability to provide strategic input to the business as well as strong risk assessment and business judgment.
• Be comfortable managing competing priorities, making independent decisions, and working under tight timelines
• Ability to navigate complex legal frameworks and ability to remain current on relevant laws, regulations, rulings, interpretations and jurisprudence covering multiple products.
• Ability to oversee and coordinate legal advice on horizontal projects, including the instruction of external counsel as required.
• Ability to analyze legal risk in context of business realities, and be flexible in approach

Nice-to-have :

• Ability to work at all levels of management and team members, and build a strong network of peers and partners.

#LI-POST

LAWGROUP23

Job Skills

Business Perspective, Coaching Others, Customer Service Management, Decision Making, Financial Regulation, Group Problem Solving, High Impact Communication, Legal Practices, Time Management

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-07-15

Application Deadline:

2025-07-29

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

Read Full Description