Legal Counsel, Personal & Business Banking

BMO Financial Group; Toronto; On-site; CAD 80,000 - 175,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident/life insurance

Retirement savings plans

Job summary

BMO Financial Group in Toronto, Ontario seeks a Legal Counsel for the Personal & Business Banking division to provide legal and regulatory guidance on banking products, strategies and policies.

The role requires a law degree, licensure, and up to seven years of legal experience; strong negotiation and communication skills are essential.

Salary range is CAD 80,000.00 to CAD 175,000.00 per year, plus health and retirement benefits, offering a stable salaried career within a leading financial group.

Qualifications

• Degree in law (LLB or JD).
• Licensed to practice law in the relevant jurisdiction.
• Less than 7 years of legal practice or equivalent education/experience.
• Strong negotiation, communication, collaboration and analytical problem-solving skills.

Responsibilities

• Deliver legal advice and instruct external counsel regarding banking products and initiatives.
• Identify emerging legal trends and risks to inform organizational decisions.
• Ensure compliance with internal policies and regulatory requirements.
• Build and maintain relationships with internal and external stakeholders.
• Work independently on complex legal issues with sound judgment.

Skills

Negotiation

Verbal communication

Written communication

Collaboration

Analytical problem solving

Education

Law degree (LLB/JD)

Job description

Legal Counsel, Personal & Business Banking

B

Organising Institution / Firm

Rolling Basis (Official)

$80,000.00 - $175,000.00

Degree in law (LLB or JD); license to practice law in relevant jurisdiction; less than 7 years of legal practice or equivalent combination of education and experience.

Jobs

Contextual Overview

BMO Financial Group is seeking a Legal Counsel to join their Personal & Business Banking division in Toronto, Ontario. The role involves providing legal and regulatory advice on products, strategies, and policies, while acting as a subject matter expert to mitigate legal risk and support business objectives.

Key Eligibility Criteria

• Education: Degree in law (LLB or JD).
• Licensure: Must be licensed to practice law in the relevant jurisdiction.
• Experience: Less than 7 years of legal practice or an equivalent combination of education and experience.
• Skills: In-depth proficiency in negotiation, verbal/written communication, collaboration, and analytical problem-solving.

Responsibilities & Scope of Work

• Deliver legal advice and instruct external counsel regarding banking products and initiatives.
• Identify emerging legal trends and risks to inform organizational decision-making.
• Ensure compliance with internal policies, procedures, and regulatory requirements.
• Build and maintain effective relationships with internal and external stakeholders.
• Work independently on complex legal issues while exercising sound professional judgment.

Stipend, Compensation & Mode

Salary Range: $80,000.00 - $175,000.00 (Salaried).

Benefits: Includes health insurance, tuition reimbursement, accident/life insurance, and retirement savings plans.