Legal Counsel, Technology And Strategic Sourcing

Scotiabank; Canada; On-site; CAD 100,000 - 130,000; Full time

Job summary

A leading bank in the Americas is seeking a Legal Counsel to provide sophisticated advice on third-party risk management, technology contracting, and corporate law matters. The role emphasizes a customer-focused culture and requires strong analytical and communication skills. Located in Toronto, the position demands a qualified lawyer with a minimum of 5 years' experience in a major financial institution or law firm.

Qualifications

• Qualified to practice law in Ontario or another Canadian province.
• Minimum of 5 years’ relevant experience at a major financial institution or law firm.

Responsibilities

• Provide expertise in third-party risk management and technology-related commercial matters.
• Review, negotiate, and draft commercial agreements.
• Promote a customer-focused culture and ensure effective operations.

Skills

Analytical

Communication

Judgment

Education

Law Degree

Job description

Requisition ID: #

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

Reporting to the Senior Counsel, Technology and Strategic Sourcing, the Legal Counsel position provides sophisticated advice on a broad range of third-party risk management activities, technology contracting, outsourcing, and corporate law matters for the Bank.

Key Responsibilities:

1. Provide expertise in third-party risk management, non-disclosure agreements, outsourcing arrangements, licenses, cloud and SaaS agreements, consulting arrangements, and other technology-related commercial matters. Support various client groups within the Bank and represent the Legal Department on related issues, including regulatory submissions and the Bank’s living will/resolution plan.
2. Offer pragmatic advice, review, negotiate, and draft commercial agreements; create precedents, processes, and systems; occasionally instruct outside counsel; and manage multiple tasks and challenges effectively.
3. Promote a customer-focused culture to deepen client relationships and leverage the Bank’s broader relationships, systems, and knowledge.
4. Consider the Bank’s risk appetite and culture in daily activities and decisions.
5. Ensure effective operations in line with Scotiabank’s Values, Code of Conduct, and Global Sales Principles, while maintaining robust business controls to meet operational, compliance, AML/ATF/sanctions, and conduct risk obligations.
6. Foster a high-performance, inclusive work environment.

Candidate Profile:

1. Qualified to practice law in Ontario or another Canadian province.
2. Minimum of 5 years’ relevant experience at a major financial institution or law firm.
3. Strong knowledge of third-party risk management, NDAs, outsourcing, licenses, cloud and SaaS agreements, consulting arrangements, OSFI Guideline B-10, and willingness to handle diverse issues.
4. Ability to work independently with minimal supervision.
5. Versatile, flexible, collaborative, with strong analytical, communication, and judgment skills.
6. Position located in Toronto, Ontario.

About Scotiabank:

Scotiabank is a leading bank in the Americas, guided by our purpose: "for every future." We assist customers, families, and communities in achieving success through a broad range of financial services. We value the unique skills each individual brings and are committed to an inclusive, accessible environment. If you require accommodations during the recruitment process, please inform our Recruitment team. Candidates must apply online. We appreciate all applicants’ interest; only those selected for an interview will be contacted.