Senior Counsel – Corporate and Commercial Banking

RBC; Toronto; On-site; CAD 120,000 - 150,000; Full time

Job summary

RBC is seeking a Senior Counsel for its Corporate and Commercial Banking division in Toronto. The role involves providing legal support for a variety of lending and financing services, while navigating complex legal, regulatory, and reputational risks. Candidates should possess a Law Degree and have substantial experience in commercial lending along with strong problem-solving skills. Join a dynamic team that values inclusivity and professional growth.

Benefits

Comprehensive Total Rewards Program

Flexible work/life balance options

Supportive leaders for development

Opportunities for challenging work

Qualifications

• Law Degree and qualification to practice law in Ontario.
• At least four or more years of relevant legal experience.
• Comprehensive knowledge of commercial lending and financing activities.

Responsibilities

• Provide legal support for Corporate and Commercial Banking businesses.
• Collaborate with teams in legal support for lending matters.
• Monitor and manage new regulations affecting supported businesses.

Skills

Strong problem-solving

High Impact Communication

Decision Making

Time Management

Coaching Others

Customer Service Management

Education

Law Degree

Job description

Job Summary

Job Description

What is the opportunity?

As Senior Counsel – Corporate and Commercial Banking, you will provide transactional and advisory legal support to Royal Bank of Canada’s Corporate and Commercial Banking businesses, Loan Portfolio Management, Non-Payment Insurance, Credit & Transaction Management and Global Loans Administration and Agency Services Group, and manage complex legal, regulatory, reputational risks for Corporate and Commercial Banking businesses, as well as to Royal Bank of Canada’s Subsidiary Banking Group and Corporate Treasury with respect to a wide range of complex lending and credit-related matters.

You will assess the impact of laws and regulations that affect the activities of Corporate and Commercial Banking businesses in order to manage legal, regulatory and reputational risks in everyday operations and the development and delivery of new and existing financing products and solutions.

What will your responsibilities be?

• Providing legal support for Corporate and Commercial Banking businesses of Royal Bank of Canada, including Loan Portfolio Management, Non-Payment Insurance, Credit & Transaction Management and Global Loans Administration and Agency Services Group, in respect of a wide array of lending and financing products, collateral security and credit-related matters, including corporate loans for RBC Capital Markets clients.
• Providing primary legal support to National Office and Commercial Banking businesses on all non-lending product work.
• Collaborating with other members and teams within Law Group to provide legal support to additional Commercial Banking business lines on lending matters (including Wholesale Automotive Finance (including Specialized Lending), Commercial Mortgages, National Office, Trade (including Receivables and Supply Chain Finance), Indigenous Banking and RBCx businesses).
• Providing legal support on cross-border lending matters to ensure consistency in approaches and practices between Canada and the U.S. and to support RBC’s strategy of business growth in the U.S.
• Providing legal support in Canada for Subsidiary Banking Group and Corporate Treasury in connection with inter-affiliate financing transactions and for Corporate Treasury.
• Monitoring and managing implementation of new regulations reflecting increased regulatory oversight from regulatory bodies and affecting supported businesses.
• Inspiring confidence within all levels of employees of the aforementioned businesses with respect to identification and successful management of legal and reputational risk.
• Partnering with Compliance, Operations, Risk and other functional areas to ensure oversight and control over supported businesses and implement enterprise level projects.

What do you need to succeed?

Must-have

• Law Degree and qualification to practice law in Ontario (in good standing), with at least four or more years of post-call relevant legal experience.
• Comprehensive knowledge of commercial lending and financing activities, collateral security issues, commercial mortgages and general corporate law, including attendant legal and reputational risks.
• Significant legal experience in lending and financing transactions, as well as interpreting and applying Bank Act (Canada) and other related rules and regulations.
• Strong ability to balance competing work demands and to work independently and collaboratively within a team, including building effective relationships with internal partners.
• Strong problem-solving, communication and decision-making skills.

Nice-to-have

• Legal experience in receivables and supply chain finance and leasing activities.
• Bilingual (English/French) language skills considered an asset.

What’s in it for you?

We thrive on the challenge to be our best, progressively 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 in our communities, and achieving success that is mutual.

We offer:

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

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:

Regular

Pay Type:

Salaried

Posted Date:

2025-05-27

Application Deadline:

2025-06-30

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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.