Legal Counsel, Pensions

2 weeks ago

Old Toronto, Canada University Pension Plan Full time

ABOUT UPP

UPP is the first pension plan of its kind in Ontario’s university sector, proudly serving over 40,000 members across four universities and fourteen sector organizations. Our purpose is to bring greater retirement peace of mind to the university sector by investing with integrity and serving members with care. As a sector-wide plan designed for growth, our doors are open to all Ontario universities.

Together, we’re a team of progressive thinkers and agile doers operating within a fast-paced culture of collaboration and respect. We believe in bringing smart and capable people together to create, solve and grow with a clear shared vision and values of integrity, inclusivity, ingenuity, and impact.

Our culture is intentionally welcoming and purposefully rooted in equity, diversity, inclusion, and reconciliation (EDIR). We believe diverse teams, perspectives, and lived experiences contribute to better decisions and a better workplace.

As a long-term investor, we recognize that environmental, social and governance (“ESG”) factors support risk management and value creation. As stated in our Responsible Investing Policy, we are committed to incorporating ESG considerations into our investment management activities and we collaborate with other industry participants in the promotion of a sustainable economy and society.

THE ROLE

This is a tremendous opportunity for an aspiring Pension Lawyer to come in-house, join a team of high performing professionals and make a significant impact. As Legal Counsel, Pensions, you will report to the Managing Director, Pension Law & Governance and serve as a member of the UPP’s Legal and Governance team.

You will have 1-3 years’ experience including demonstrated working knowledge of the Pension Benefits Act, the Registered Pension Plan regulations made under the Income Tax Act and legal risk. The ideal candidate has been exposed to pension administration matters at a law firm, pension fund or consulting firm. Familiarity with pension plan conversions and transfers would be advantageous.

UPP has adopted a Hybrid Work Model which allows staff the flexibility to work remotely with the opportunity to work in person at the office ~2 days a week. Our office is located in downtown Toronto.

SPECIFIC ACCOUNTABILITIES:

To be successful in the role, the Legal Counsel, Pensions must:

  • Provide strategic legal advice and support to UPP’s Pension Services and Engagement Teams.
  • Deliver sophisticated advice on complex issues relating to the governance and administration of UPP.
  • Conduct high-quality research and legal analysis, including interpreting legislation, regulations, plan provisions.
  • Support with interpreting and applying legal requirements in the development of plan policies and procedures.
  • Support the resolution of concerns from members and participating employers.
  • Assist in the preparation of diverse pension materials, including plan amendments, policies and guidelines, pension communication documents, and other UPP plan-related documentation.
  • Support in the development of clear, well-written reports and presentations for the Board of Trustees, Executive Leadership, and other stakeholders. These materials should effectively communicate insights and recommend practical, member-centric, and employer-centric solutions.
  • Collaborate with the Engagement and Strategy Team by providing analysis on the integration of new participating employers, as required.
  • Assist the Managing Director in managing claims and litigation processes, providing support in documentation and case management.
  • Work with external legal counsel as required from time to time.
  • Promote integration, partnership collaboration across legal, governance, actuarial, communications, compliance and other business functions.
  • Other duties as required.

QUALIFICATIONS & EXPERIENCE:

  • 1-3 years of post-call experience with exposure to pension administration, governance, plan design and dispute resolution.
  • Understanding of labor and employment law, including collective agreements and bargaining processes.
  • Graduate from an internationally recognized law school (LLB/JD).
  • A member in good standing with the Law Society of Ontario.
  • Knowledge of applicable provincial and federal laws, regulations, and common law.
  • Thorough understanding of emerging and pending provincial and federal laws, regulations, common law, and industry developments and trends.
  • Proven experience in drafting and reviewing a broad spectrum of legal documents and agreements.

ATTRIBUTES:

  • Excellent written and verbal communication skills.
  • Strong analytical skills and attention to detail.
  • High degree of self-motivation and professionalism.
  • Ability to prioritize and manage multiple projects in a time sensitive manner.
  • Strong interpersonal skills and ability to build collaborative relationships with internal teams as well as participating employers.
  • High degree of professional ethics and integrity.

PERSONALITY TRAITS:

  • Self-driven.
  • Humility.
  • Strong work ethic.
  • Passion for learning.
  • Personable.
  • Confident.

LIFE AT UPP
Do work that matters. We are duty-bound to serve our members’ interests, and it’s a responsibility we don’t take lightly. That’s why we’ve ingrained sustainability in our work from day one—to ensure our members have a resilient future to retire into, both today and for generations to come.
Stronger together. Collaboration is how UPP was born, and it’s how we work with each other and our partners day in, day out. No one at UPP is just a number (even if they are excellent at math) and every win is a shared win.
Grow every day. You’ll have the opportunity to work on unique, once-in-a-career projects that maximize your skill set and probably teach you some new ones—at any stage in your career.
Prioritize wellness. At UPP, wellness takes many forms. Ultimately, it’s about ensuring our people are cared for in the ways that matter to them. Check out some highlights of our inclusive employee-focused benefits program including:

  • Work from abroad up to eight weeks/year.
  • Extended paramedical and mental health service coverage.
  • Health care and lifestyle spending accounts.
  • Fertility treatments, paid parental leave, and gender affirmation coverage.
  • Education Assistance program.

UPP enthusiastically welcomes applications from all qualified applicants and especially invites people with lived experience as an Indigenous person, a person with a disability or as a member of another Human Rights Code protected group that faces barriers to employment to apply. Our goal is to create a barrier-free experience for every candidate throughout the recruitment process, so if you require accommodation at any point during the process, please let us know so that we can make the appropriate arrangements. It would be our honor to work with you to adapt our processes to ensure that you can meaningfully participate.

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