Senior Legal Counsel, Equity Derivativities

Scotiabank; Toronto; On-site; CAD 150,000 - 190,000; Full time

Job summary

Scotiabank is seeking a Senior Legal Counsel focused on equity derivatives to join the Canada Legal Department in Toronto. You will advise on derivatives, structuring, documentation and associated regulatory risks, while coordinating with business lines and external counsel.

The role emphasizes analytical rigor, drafting excellence and a collaborative, high-performance team culture within a leading financial institution.

Qualifications

• 8–10 years of practical legal experience, in-house or private practice.
• Membership in a Law Society in Canada.
• Strong analytical, writing and communication skills.
• Experience advising on derivatives and capital markets, with equity derivatives as an asset.
• Ability to manage external counsel and draft complex documents.
• Sound reference to regulatory and compliance considerations.

Responsibilities

• Provide legal services and advice to the Bank and subsidiaries on a range of matters.
• Advise Global Banking and Markets on equity derivatives, structuring and documentation.
• Research complex legal issues and monitor regulatory developments.
• Direct external counsel and review their work product.
• Ensure adherence to risk controls, policies and conduct expectations.
• Support product development and strategic initiatives and mentor junior lawyers.

Job description

Title: Senior Legal Counsel, Equity Derivativities

Requisition ID: 277502

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

The Senior Legal Counsel will c ontribute to the overall success of the Legal Department in Canada ensuring specific goals are executed / delivered in support of the team’s business strategies and objectives. The incumbent is responsible for the provision and co-ordination of legal services and advice to the Bank and subsidiaries with respect to a range of Bank matters and specialized areas of law. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

Is this role right for you? In this role you will:

• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Provides legal advice and support to Global Banking and Markets on derivatives and related trading activities, with a particular focus on equity derivatives. Advises on complex transactions, including structuring, negotiation and documentation, and on related legal, regulatory and reputational risks. Supports product development and strategic initiatives and partners with business and control functions on significant, time-sensitive matters. Specific expertise in equity derivatives and securities law would be an asset.
• Engage and direct the activity of external counsel. Manages and reviews external counsel’s work product.
• Research legal issues of substantial complexity on a national or regional basis and researches proposed federal and provincial legislation to evaluate the impact on Scotiabank; informs management on developing legal trends and their impact on operations and recommends courses of action; creates and maintains precedents within the Legal Department and for use by business line partners as appropriate.
• Review and proactively advise on new, proposed and amended legislation, regulatory guidance and industry best practices and recommends changes to polices, processes, controls and documents.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue effective and efficient operations of theirrespective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Champion a high performance environment and contributes to an inclusive work environment.

Do you have the skills that will enable you to succeed? – We would love to work with you if you have:

• Graduated from a recognized law school
• 8-10 years practical in-house or private practice experience.
• Membership in a Law Society in Canada.
• The position requires a high level of analytical, human relations and communications skills.
• Strong experience advising on derivatives and capital markets transactions, with experience in equity derivatives and related trading activities considered a strong asset.
• Established problem solving skills.
• Sophisticated drafting and writing skills.

What's in it for you?

• Champion a high-performance environment and contribute to an inclusive work environment.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• A competitive compensation and comprehensive benefits plan.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and our communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know.