Director, Legal

CPP Investments; Toronto; Hybrid; CAD 150,000 - 190,000; Full time

Job summary

CPP Investments in Toronto seeks a Director, Legal to provide strategic and commercially focused legal advice across Credit Investments, with a focus on restructurings. Reporting to the Managing Director, Legal, you will guide negotiations, risk assessment and documentation throughout the deal lifecycle.

You will lead creditor-side strategy, manage external counsel, and collaborate with deal teams and stakeholders across CPP Investments globally to support investment objectives and compliance.

Qualifications

• 8+ years of post-qualification experience in credit or restructuring matters.
• Experience leading creditor-side strategy in complex restructurings.
• Knowledge of leveraged finance and private credit documentation.

Responsibilities

• Provide strategic, commercially focused legal advice across Credit Investments.
• Lead restructurings, workouts, liability management and related negotiations.
• Direct external counsel and maintain internal ownership of strategy.
• Monitor legal risk across evolving liability management practices and regimes.
• Partner with deal teams to craft practical recommendations in complex situations.
• Support policy development and internal training within Credit Investments.
• Contribute to cross-CPP Investments Legal initiatives and projects.

Skills

Credit Investments

Restructuring

Distressed workouts

Leveraged finance

In-house experience

Commercial judgment

Education

Ontario law qualification

Job description

## Director, LegalApply: Toronto: Full time: Posted 4 Days Ago: End Date: October 9, 2026 (16 days left to apply): JR00811**Purpose. Performance. People.** Joining CPP Investments means joining one of the world’s most admired and respected institutional investors to drive a single mandate: to deliver strong, sustainable returns for generations of Canadians. With a long-term horizon and global reach, we deploy capital at scale across public and private markets. Our size, stability, and disciplined investment philosophy allow us to pursue complex opportunities and build enduring partnerships worldwide. For our people, this means meaningful work with tangible impact, real opportunity, and collaboration with exceptional colleagues who value partnership and performance. Here, you’ll contribute to outcomes that matter alongside team members committed to excellence and shared success. **The Role** This newly created Toronto-based role combines broad legal support across Credit Investments with a targeted focus on restructuring matters. Reporting to the Managing Director, Legal supporting Credit Investments, you will provide strategic and commercially focused legal advice across the department’s investment and asset management activities.**The Team** Credit Investments invests globally across leveraged finance, real estate and infrastructure lending, structured credit and special situations. The team manages investments throughout their lifecycle, including restructurings, workouts and other stressed and distressed situations, consistent with CPP Investments’ Guiding Principles and investment mandate.As a member of the global Investment Legal team, you will work closely with Credit Investments deal teams, senior lawyers in CPP Investments’ international offices and partners across the organization. The role provides exposure to investments and situations across North America, Europe and other markets and may periodically involve travel.**Accountabilities*** Provide strategic, creative and commercially focused legal advice across Credit Investments strategies, including leveraged finance, real estate and infrastructure lending, structured credit and special situations, as well as asset management matters throughout the life of an investment* Provide senior-level legal advice on restructurings, workouts, liability management exercises, distressed exchanges, enforcement and insolvency proceedings, including negotiation strategy, lender group and intercreditor dynamics, documentation and risk allocation* Select, direct and critically engage with external legal and financial advisors while maintaining strong internal ownership of legal strategy, judgment and decision-making* Anticipate, identify and support the management of legal risks arising from evolving liability management practices, new investment strategies and changes in laws or regulations affecting CPP Investments’ credit strategies* Partner with deal teams and senior stakeholders to develop practical recommendations in complex, contested and fast-evolving situations where the legal or commercial path may not be immediately clear* Support the development and implementation of Credit Investments policies, procedures, systems and training* Contribute to Legal Department and CPP Investments-wide initiatives and projects**What You Bring*** Qualification to practice law in Ontario or an equivalent common law jurisdiction* 8+ years of post-qualification legal experience with a major international law firm or the in-house legal department of an asset manager, credit fund, bank or other financial investor, including substantial restructuring, workout and special situations experience and broader credit and finance transactional practice* Demonstrated experience leading creditor-side strategy in complex restructurings, liability management exercises and distressed situations, including lender and steering group dynamics, intercreditor negotiations and contested outcomes* Strong knowledge of leveraged finance and private credit documentation across direct lending, structured credit and asset-backed strategies, together with practical familiarity with restructuring and insolvency regimes relevant to CPP Investments’ credit portfolio, including Canada and the United States; European experience is an asset* Strong legal and commercial judgment, with the ability to assess ambiguous or novel situations, distinguish material issues and make practical recommendations with incomplete information* Ability to operate independently and effectively in fast-moving and potentially adversarial situations while managing multiple priorities and maintaining important market relationships* Strong communication, interpersonal and organizational skills, including the credibility to advise and influence investment professionals and collaborate effectively with a broad range of stakeholders You are motivated to contribute to something larger than yourself, approach complex challenges with rigor, and hold yourself to high standards in a collaborative, performance-driven environment. We provide colleagues with cutting-edge AI tools, dedicated learning time, and practical support to help them deliver with greater impact.**Inclusion & Accessibility**CPP Investments is committed to equitable access to employment and building a workforce that reflects diverse talent and perspectives. If you require accommodation at any stage of the recruitment process, please let us know and we will work with you to meet your needs. **Attention: Protect Yourself from Fraud**CPP Investments is committed to a secure and transparent recruitment process. We will never ask candidates for payment or financial information at any stage of hiring. All legitimate opportunities are posted on our careers page, and communications will come from our applicant tracking system, Workday. CPP Investments may use AI tools to help screen and assess applicants by analyzing resumes and applications for relevant skills and experience. These tools support, but do not replace, human decision-making. #LI-ONSITE