Legal Counsel

fil; Toronto, Mississauga; Hybrid; CAD 164,000 - 194,000; Full time

Benefits offered by this job

Flexible work options

Health benefits

RRSP contribution

Home office stipend

Parental leave top-up

Volunteer days

Professional development

Job summary

Fidelity Investments Canada is seeking a Legal Counsel to provide comprehensive legal services across Fidelity's Canadian business lines. The role focuses on securities regulation, product disclosures, and commercial agreements, with a strong emphasis on regulatory compliance and risk management.

You will monitor developments in the asset management space, draft and negotiate agreements, and collaborate with Product, Marketing, Compliance, Risk and Fund Accounting teams to enable business

Qualifications

• 2+ years post-call experience in securities, investment funds or asset management law
• Strong drafting and negotiation skills
• Strong communication and stakeholder-management abilities
• Knowledge of Canadian securities regulation and investment fund regulation

Responsibilities

• Provide legal advice to Fidelity Canada companies and business lines
• Advise on securities laws and regulatory matters for new products and projects
• Monitor legal and regulatory developments affecting asset management
• Prepare disclosure documents and material contracts for institutional and retail products
• Support mutual funds, ETFs, and other investment products
• Draft, review and negotiate commercial agreements
• Identify legal risks and develop practical solutions
• Assist with regulatory filings and interactions with securities regulators
• Develop relationships with Product, Marketing, Compliance, Risk and Fund Accounting

Skills

Securities law experience

Drafting and negotiation

Regulatory knowledge

Communication and stakeholder mgmt

Education

LL.B./J.D. degree

Job description

Job Description

Please note:

Current work authorization for Canada is required for all openings

You will be working on a flexible hybrid schedule as part of Fidelity's dynamic working arrangement

The work location for this role is 483 Bay Street in Toronto until approximately late 2026 when the work location will change to the new Mississauga office at 3 Robert Speck Parkway.

Company Overview

At Fidelity Investments Canada, our mission is to build a better future for our clients. Our diversified business serves financial advisors, wealth management firms, employers, institutions and individuals. As the marketplace evolves, we are constantly innovating and offering our clients choice of investment and wealth management products, services and technological solutions all backed by the global strength and scale of Fidelity.

Role Overview

The Fidelity Legal Department provides legal services to all aspects of Fidelity's business. The Legal Counsel provides legal services of all varieties, which make it possible for Fidelity to develop and offer investment products, enter into new relationships, establish new businesses and maintain existing business activities.

What You Will Do

• Provide legal advice to all Fidelity Canada companies and business lines
• Advise on securities laws and regulatory matters as they relate to new products, services, strategic projects and on miscellaneous issues as they arise
• Monitor legal and regulatory developments affecting the asset management industry.
• Prepare and maintain disclosure documents and material contracts for institutional and retail investment products, distribution arrangements and other services offered by Fidelity in Canada
• Support mutual funds, ETFs, alternative investments and other investment products.
• Draft, review and negotiate commercial agreements
• Identify legal risks and develop practical business solutions.
• Assist with regulatory filings and interactions with securities regulators.
• Develop and maintain positive and effective relationships with various Fidelity departments, including Product, Marketing, Compliance, Risk and Fund Accounting

What We're Looking For

• LL.B./J.D. degree and member in good standing of a Canadian law society.
• 2+ years post call experience in securities, investment funds or asset management law (law firm or in-house).
• Knowledge of Canadian securities regulation and investment fund regulation.
• Strong drafting and negotiation skills.
• Strong communication and stakeholder-management abilities.

The Expertise You Bring

• Experience at a major law firm, bank, pension fund or asset manager preferred.
• Knowledge of corporate and securities law
• Strong analytical, negotiation and problem-solving skills
• Excellent verbal and written communication skills
• Effective prioritization of tasks, ability to deliver high quality work under pressure
• Can effectively collaborate on projects and initiatives and build relationships within legal department as well as with business partners
• Working knowledge of the legal structure, regulatory requirements and internal standards relating to mutual funds, pooled funds, separate account management, and sub-advised accounts is an asset

Total Rewards That Reflect Your Impact:

We believe exceptional work deserves exceptional recognition. That's why we offer a competitive compensation package designed to support your success today-and your financial well-being tomorrow.

• Base Salary and Discretionary Performance Bonus: Total annual cash compensation (base salary pus target bonus) ranges from $164,000 to $194,000 , based on your experience and qualifications.
• RRSP Contribution: After 6 months of employment, we invest in your future with an RRSP contribution-no employee matching required.

We're proud to offer a compensation package that aligns with provincial pay transparency requirements.

This posting represents an existing vacancy within our organization-an opportunity to step into a role where your talents will make a meaningful difference.

Some of the ways we'll help you feel valued and supported as part of our team:

• Flexible working arrangements - 100% remote, hybrid, and in office options
• Competitive total compensation, including company contributions to your group RRSP without a matching requirement from you
• Comprehensive health benefits that start on your first day, with 100% employer-paid premiums, that include up to $6000 annually for mental health services and therapy
• Parental leave top-up to 100% of your salary for a period of 25 weeks
• Up to $650 for home office equipment
• Generous time off policy, including 2 paid days annually to volunteer at a charity of your choice
• Diversity and inclusion programs, including an active network of Employee Resource Groups
• Extensive professional development opportunities, including access to over 11,000 training and