Vice President, Legal
3 weeks ago
As a member-owned cooperative, we’re helping our members with their real goals and real challenges so they can live the real life they want. It’s what we’ve been doing for over 80 years, and it’s why today we stand almost 600,000 members strong. Plus, we invest 10% of our budgeted profits back into our community - almost $90 million since 2000 alone - because when our members do well, we believe our communities should do well too.
Vice President, Legal
- Apr 10, 2024**Location**: Greater Toronto Area, Greater Vancouver Area**Job Type**: Full Time**myWork Options**: In-person, Hybrid**Background Screening Requirement**:
- Enhanced Criminal Record Check
- Credit Check
- Social Media Check
- Identity Verification
- Education Verification
- Employment Verification
- References
**What's the Job?**
- As the Vice President, Legal you play a pivotal role in steering our legal strategy across Coast Capital and overseeing the legal function supporting all operations, products and channels for Coast Capital and its affiliates. You lead the in-house legal team of lawyers, paralegals and relationships with external counsel, ensuring the Legal team delivers as a valuable business partner. You are the go-to for navigating legal risks, managing disputes, providing legal and regulatory guidance in a variety of areas applicable to the organization, participating in key contract negotiations, managing our insurance portfolio and overseeing legal operations. You will support Coast Capital’s strategy and business plans, ensuring we operate with integrity and in compliance with relevant laws and our risk appetite, making a significant impact on our organization and its affiliates.**What You'll Get To Do**
- Plan, organize, hire and manage legal and insurance resources and identifie appropriate opportunities to leverage external partners.
- Develop plans, goals and key results for legal and insurance in line with organizational strategy. Monitor, control and report on progress against goals and key results.
- Develop and implement legal and insurance operational frameworks, policies and procedures in alignment with Coast Capital’s strategy and risk appetite, understanding cross-functional impacts and interdependencies
- Provide business-minded and practical legal advice on high-priority and complex matters by partnering with business units to advance the strategic goals of Coast Capital.
- Identify, prioritize and implement improvements to Legal and Insurance processes to balance taking a risk-based approach and drive efficiency, effectiveness and results.
- Represent the Legal and Insurance functions on management committees.
- Manage key contract negotiations with partners and vendors in partnership with Strategic Supplier Sourcing team, ensuring that all agreements are reviewed, approved, and aligned with business objectives. Provide expert advice on contract terms and conditions, ensuring compliance with legal requirements and mitigating risks associated with contractual obligations. Collaborates with cross-functional teams to integrate contracts seamlessly into business plans.
- Oversee the company's litigation matters, advising the executive team on associated legal risks and coordinating with outside counsel to devise strategies. Monitor litigation progress and keep senior management informed, while managing budgets and ensuring compliance with legal procedures.
- Oversee Coast Capital’s corporate insurance portfolio (eg. E&O, D&O, property and cyber insurance) ensuring that it is administered effectively and is appropriate for Coast Capital’s risk profile.
**Who Are We Looking For?**
- LLB or Juris Doctor (JD)
- 12+ years’ experience in legal practice
- Experience developing and coaching a legal team in a dynamic business environment.
- Experience managing external counsel.
- Experience in developing annual operating plan and managing a budget.
- Successful implementation of legal programs in a corporate setting
- Accomplished in providing regulatory guidance and compliance oversight.
- Advanced legal analytical and problem solving skills.
- Strong project management skills..
- Business-minded problem solver with strong partnership approach.
- Brings a positive attitude and drives engagement within the team and colleagues.
- Resilient and adaptable with change, as well as leading and supporting a team through ongoing changes.
- Takes a proactive approach and motivates a team to perform at a high level.
- Previous experience working in the Financial Services Industry considered an asset.
**Equity, Diversity & Inclusion at Coast Capital**- Why join Coast Capital Savings?
- **Purpose is our North Star.** We look at everything through our purpose. It informs the advice we provide our members, the experiences and products we create, and the programs we build to support our employees and communities.
- **Committed to inclusion and engagement. **We have an ongoing focus on equity, diversity, and inclusion
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