Senior Counsel Derivatives, Global Asset Management
Job Description & How to Apply Below
Address:100 King Street West Job Family Group:
Legal
BMO Financial Group is seeking a full-time lawyer to join the legal team in Toronto as Senior Counsel responsible for providing legal support, with a focus on derivatives, to BMO Global Asset Management’s (BMO GAM) manufacturing of retail and institutional investment products, including the BMO Mutual Funds, BMO Exchange Traded Funds, BMO AM Pooled Funds and alternative products.
You will deliver expert and experienced legal support to BMO GAM’s Canadian business, operations and corporate affairs, with a focus on:acting as a subject matter expert on relevant laws, regulations and policies relating to listed and OTC derivatives, including options, forward contracts, futures, swaps and other derivatives instrumentsdrafting and negotiating derivatives documentation, including ISDAs, credit support annexes, account control agreements, broker agreements, onboarding documents and ancillary documentationderivatives transactional support, with a focus on equity and interest rate derivatives, including drafting and reviewing ISDA trade confirmationsadvising on a wide array of existing and new derivatives laws and regulatory initiatives, including trade reporting, margin requirements and compliance with National Instrument 81-102 Investment Fundsproviding legal and regulatory advice on new and existing investment products, initiatives, strategies, policies and developmentsidentifying risks and implementing appropriate actions to mitigate themimplementing areas of improvement to ensure consistency with industry practice when dealing with counterpartiesbuilding effective relationships with internal/external stakeholdersinstructing and managing external legal counselbroader work or accountabilities may be assigned as needed
This position will not be responsible for litigation matters.
The successful candidate will be a team player with strong legal and organizational skills and a proven ability to:make things happen with paceeffect changetackle challenges outside of your historic expertisesupport our business as it evolves and pursues new opportunities
Qualifications Knowledge Minimum requirements are a degree in law (LLB/JD) and license to practice law in Canada5+ years post Call to the Bar expertise in private practice, in-house experience or experience at a regulatory body Knowledge of the business and regulatory environment in which BMO Financial Group operates
Skills:
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 Salary :$ - $
Pay Type:
Salaried The above represents BMO Financial Group’s pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.
BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: UsAt BMO we are driven by a shared
Purpose:
Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you…
Position Requirements
10+ Years
work experience
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