Senior Legal Counsel, Third Party Risk Management, Contracting

February 17 2021
Industries Bank, Insurance, Financial services
Categories Accounting, Finance, Bank, Insurance, Financial services, Forensic accounting, Fraud, In-house, Industry, Contract administrator, Legal, Paralegal, Legal, Paralegal, Management, Administration
Toronto, ON

Requisition ID: 95780

Join the Global Community of Scotiabankers to help customers become better off.

Senior Legal Counsel, Third Party Risk Management, Contracting

Reporting to the VP, Associate General Counsel, the Senior Legal Counsel position provides sophisticated advice on a broad range of third-party risk management activities, technology contracting, outsourcing and corporate law matters for the Bank.

The ideal candidate will be versatile, flexible and collaborative with strong analytical, written and oral communication skills and excellent judgement. You have the ability to give pragmatic advice, review, negotiate and draft commercial and other agreements, create precedents, processes and systems and occasionally instruct outside counsel. The ability to multi-task and take on new challenges will be essential to succeed in this role.

Accountabilities

  • Use knowledge of third-party risk management, non-disclosure agreements, outsourcing arrangements, licenses, cloud and SAAS agreements, consulting arrangements, technology aspects of commercial arrangements, and be willing to work on a wide variety of issues, sometimes with no precedent. You will support various client groups within the Bank and represent the Legal Department on a variety of matters including third-party risk management and contractual arrangements (precedents, knowledge management activities and regulatory submissions, among others), including the Bank’s living will/resolution plan.
  • Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Support various client groups within the Bank and represent the Legal Department on a wide variety of matters including third-party risk management and contractual arrangements (including precedents, knowledge management activities and regulatory submissions), including the Bank’s living will.
  • Actively pursue effective and efficient operations of 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.

Qualifications:

  • You will have at least 8 years of experience gained at a major financial institution or law firm
  • Qualified to practice law in Ontario or another Canadian province
  • Excellent knowledge of third-party risk management, non-disclosure agreements, outsourcing arrangements, licenses, cloud and SAAS agreements, consulting arrangements, technology aspects of commercial arrangements, and be willing to work on a wide variety of issues, sometimes with no precedent is critical.
  • The incumbent will be versatile, flexible and collaborative with strong analytical, written and oral communication skills and excellent judgement.
  • Knowledge of OSFI Guideline B-10

This is a unique opportunity to join a dynamic, forward-thinking, global organization. You will have the opportunity to work independently in a supportive environment. We offer a competitive compensation package, interesting and challenging work, and a collegial team–oriented environment.

Location(s): Canada : Ontario : Toronto

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.

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.

Apply now!

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