Senior Legal Counsel (11 Months Contract)

July 17 2021
Industries Bank, Insurance, Financial services
Categories Accounting, Finance, Forensic accounting, Fraud, In-house, Industry, Contract administrator, Legal, Paralegal, Legal, Paralegal, Transport, Logistics, Supply Chain, Purchasing
Toronto, ON

Requisition ID: 111021

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


Contributes to the overall success of the Bank and the Legal Department in Canada by supporting the Bank's and Tangerine's retail mortgage lending business with respect to policy, process and distribution channel matters with a focus on protecting the bank from risk while improving the customer experience. Ensures initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.


  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Provides legal analysis, documentation, negotiation, preparation, review, research and advice and counsel to line management on matters of above average complexity in the development of new programs, focusing on the Bank's and Tangerine's retail mortgage lending business
  • Researches legal issues of substantial complexity on a national or regional basis and researches proposed federal and provincial legislation to evaluate impact on the Bank related to the Bank's and Tangerine's retail mortgage lending business; may initiate the research of more junior counsel or articling students, 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
  • Represents the Bank at meetings or on committees with government, public and private organizations; researches and prepared submissions to government bodies on legislation and other issues affecting the organization.
  • Participates in making recommendations on the course of action to be taken regarding litigation
  • Directs the activity of outside counsel. Supervises the work of counsel and staff within a group, including setting work standards, methods and procedures within the Department in accordance with company-wide policies and appraising work performance.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions
  • Actively pursues effective and efficient operations of his/her respective 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
  • Champions a high performance environment and contributes to an inclusive work environment.

Education and Experience

  • Graduate of a recognized law school with significant practical in-house or private practice experience in retail mortgage lending; minimum of 8-10 years of experience preferred
  • Membership in the Law Society of one of the provinces of Canada.
  • The legal assignments cover a broad range of Bank related matters or specialized areas of law related to the retail mortgage lines of business.
  • The applicable laws and regulations are numerous, varied and highly complex
  • Under general direction of the Vice President, Associate General Counsel or the Deputy General Counsel, the incumbent will research and analyze highly complex legal issues, with little or no precedent.
  • The position requires a high degree of analytical and communications skills, and a thorough knowledge of specialized areas of law. Highly developed human relations and management skills are critical.
  • Excellent problem-solving skills

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 their 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. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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