Managing Counsel

RBC; Toronto; On-site; CAD 130,000 - 180,000; Full time

Job summary

RBC is seeking a Managing Counsel for a one-year contract position to support its Canadian Wealth Management's securities distribution. The role involves providing strategic legal advice, managing legal risks, and collaborating with senior management and external partners. Candidates must have a Bachelor of Law and significant experience in corporate and securities law.

Benefits

Comprehensive Total Rewards Program

Leaders support your development through coaching

Flexible work/life balance options

Opportunities to do challenging work

Qualifications

• At least 10+ years of relevant experience in a law firm, financial institution, or securities regulator.
• Ability to work collaboratively with diverse and multi-disciplinary teams.
• Strong leadership skills and strategic thinking.

Responsibilities

• Provide legal support on account management and regulatory matters.
• Manage legal risks associated with securities regulatory matters.
• Collaborate with other lawyers and business support teams.

Skills

Business Perspective

Coaching Others

Customer Service Management

Decision Making

Financial Regulation

Group Problem Solving

High Impact Communication

Legal Practices

Time Management

Education

Bachelor of Law from an accredited law school

Job description

Job Summary

Job Description

What is the opportunity?

As Managing Counsel supporting certain of the Canadian Wealth Management securities distribution businesses, you will provide legal support on key strategic initiatives and projects, advise on regulatory developments, assist in formulating and executing policies and procedures for the business, as well as provide legal support on various matters. You will work directly with senior management of Wealth Management, as well as their functional support groups in providing such legal support, including dealing with associated legal risks.

**Please note this is one year contract position**

What will you do?

• As a senior corporate and securities law expert, provide sound, creative and practical legal advice and counsel to certain Canadian Wealth Management (CWM) securities distribution businesses on a wide range of issues relating to retail investment distribution, demonstrating a commitment to exceptional service to functional and business partners.
• Encourage practical and innovative solutions, having regard to the business objectives of CWM.
• Provide senior legal support on account management related matters, such as interpreting and amending account agreements and forms, assisting in policy development and supporting compliance investigations.
• Identify, assess and manage legal, reputational and regulatory risk relating primarily to securities regulatory matters, but with flexibility to manage legal and regulatory matters spanning a wide breadth of subject matter areas.
• Manage the cost and performance of external counsel as required to support matters with a particular focus on negotiating alternative fee arrangements.
• Coordinate and liaise with functional partners on new initiatives to mitigate legal risk and ensure compliance.
• Collaborate with other lawyers in the Law Group, as well as other business support teams, and work closely with them to promote alignment to overall enterprise strategy and applicable lines of business.

What do you need to succeed?

Must-have

• Bachelor of Law from an accredited law school and qualified to practice law in a Canadian jurisdiction.
• At least 10+ years of relevant experience gained at a large law firm, financial institution or securities regulator.
• Strong leadership skills and the ability to work effectively and collaboratively with teams that are diverse and multi-disciplinary.
• Strategic and practical thinker with the ability to manage multiple competing priorities, make independent decisions, exercise sound judgment, and work under tight deadlines in a fast paced environment.
• Self-starter with the ability to take ownership of key projects and work collaboratively with team members, key stakeholders, external service providers, regulators and industry groups.

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Flexible work/life balance options

#LI-POST

LAWGROUP23

Job Skills

Business Perspective, Coaching Others, Customer Service Management, Decision Making, Financial Regulation, Group Problem Solving, High Impact Communication, Legal Practices, Time Management

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Contract (Fixed Term)

Pay Type:

Salaried

Posted Date:

2025-06-03

Application Deadline:

2025-07-31

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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