Senior Legal Counsel

Requisition ID: 232835

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Contributes to the overall success of the legal Department in Canada ensuring specific goals are executed / delivered in support of the team’s business strategies and objectives. The incumbent is responsible for the provision and co-ordination of legal services and advice to the Bank and subsidiaries with respect to a range of Bank matters and specialized areas of law.

Is this role right for you? In this role, you will:

• Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.
• Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Provides legal analysis, documentation, negotiation, preparation, review, research and advice and counsel to the Global Transaction Banking (GTB) business line. GTB is the payments and transaction engine of Scotiabank structured around: Payments and Receivables, Merchant Services and Commercial Cards, Global Clearing and Network Management, Digital Channels, and Trade and Working Capital.
• Engages and directs the activity of external counsel. Manages and reviews external counsel’s work product.
• Researches legal issues of substantial complexity on a national or regional basis and researches proposed federal and provincial legislation to evaluate the impact on Scotiabank; informs management on developing legal trends and their impact on operations and recommends courses of action; creates and maintains precedents within the Legal Department and for use by business line partners as appropriate.
• Reviews and proactively advises on new, proposed and amended legislation, regulatory guidance and industry best practices and recommends changes to polices, processes, controls and documents.
• Represents Scotiabank at meetings or on committees with government, public and private organizations and researches and prepares submissions to government bodies on legislation and other issues affecting GTB.
• Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Champions a high performance environment and contributes to an inclusive work environment.

Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have:

• Graduate of a recognized law school with 8-10 years practical in-house or private practice experience.
• Membership in a Law Society in Canada.
• The position requires a high level of analytical, human relations and communications skills.
• Established problem solving skills.
• Sophisticated drafting and writing skills.

What’s in it for you?

• We have an inclusive and collaborative work environment that values curiosity & ownership, encourages pragmatic creativity (i.e. true innovation), and celebrates success!
• An inclusive working environment that encourages creativity, curiosity, and celebrates success!
• A rewarding career path with diverse opportunities for professional development
• Internal training to support your growth and enhance your skills
• A competitive rewards package that includes a base salary, a performance bonus, company matching programs on pension and profit sharing, paid vacation, personal & sick days, medical, vision and dental benefits that start from day one and much more!

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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