Senior Legal Counsel Alternatives, Global Asset Management

Bank of Montreal; Montreal; On-site; CAD 111,000 - 208,000; Full time

Job summary

A leading financial institution in Montreal seeks a Senior Legal Counsel to drive legal support for alternative investment products. The role demands strong expertise in Canadian securities laws, with responsibilities including drafting agreements and advising on compliance matters. Ideal candidates will have over 7 years of experience and fluency in both French and English. The position offers a competitive salary range of $111,800 to $208,000 and various employee benefits including health insurance and retirement savings plans.

Benefits

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Performance-based incentives

Qualifications

• 7 years post Call to the Bar experience in private practice, in-house or regulatory body.
• Knowledge of the business and regulatory environment in which BMO operates.
• Ability to work independently and in a team environment.

Responsibilities

• Create new products focused on alternative investments.
• Draft and negotiate agreements including trust and partnership agreements.
• Advise on securities laws and regulatory matters.

Skills

Legal expertise in Canadian securities laws

Strong judgment

Analytical capability

Verbal and written communication skills

Drafting and negotiation skills

Fluency in French and English

Education

Degree in law (LLB/JD)

Job description

Overview

BMO Financial Group is seeking a full‑time lawyer to join the legal team in Toronto as Senior Legal Counsel responsible for providing legal support to BMO Global Asset Management (BMO GAM) manufacturing of alternative products including private market assets and hedge funds for institutional and retail accredited investors.

Responsibilities

• Create new products focused on alternative investments such as private credit, private debt, private equity, infrastructure, real estate and hedge funds.
• Serve as a subject matter expert on laws, regulations and policies related to alternative investments.
• Draft offering memoranda, material contracts, consensual documents, regulatory applications and filings supporting the creation and distribution of BMO GAM products.
• Draft and negotiate agreements including trust agreements, limited partnership agreements, investment management agreements, dealer agreements, subscription agreements and side letters.
• Support the distribution of BMO GAM products by reviewing sales and marketing material.
• Advise on securities laws and regulatory initiatives including compliance with National Instrument 31‑103 Registration Requirements, Exemptions and Ongoing Registrant Obligations and National Instrument 81‑106 Investment Fund Continuous Disclosure.
• Advise on corporate governance matters.
• Identify risks and implement appropriate actions to mitigate them.
• Build effective relationships and collaborate with internal and external stakeholders.
• Instruct and manage external legal counsel.
• Broader work or accountabilities may be assigned as needed.

This position will not be responsible for litigation matters.

Qualifications

• Degree in law (LLB/JD) and license to practice law in Canada.
• 7 years post Call to the Bar experience in private practice, in‑house or at a regulatory body.
• Experience and strong legal knowledge of Canadian securities laws, regulatory business, commercial and corporate matters with expertise in alternative investments.
• Experience in cross‑jurisdictional alternative investment matters is an asset.
• Knowledge of the business and regulatory environment in which BMO Financial Group operates.
• Strong judgment and analytical capability.
• Strong verbal and written communication skills.
• Excellent relationship management skills.
• Strong drafting and negotiation skills.
• Ability to work independently and in a team environment.
• Solution‑oriented with strong ability to make things happen with pace.
• Fluent in French and English to support business operations outside Quebec.

Salary

$111,800.00 – $208,000.00 (Salaried). The above represents BMO Financial Group’s pay range and type.

Benefits

BMO offers health insurance, tuition reimbursement, accident and life insurance, retirement savings plans and performance‑based incentives. For more details, visit BMO’s benefits page.

EEO Statement

BMO is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity or expression, sexual orientation, national origin, genetics, protected veteran status, disability, age or any other protected status.