Commercial Legal Counsel

2 months ago


Old Toronto, Ontario, Canada Foresters Financial Services, Inc. Full time
Career Opportunity

Foresters Financial is seeking a highly skilled Commercial Legal Counsel to join our team.

Role Title

Legal Counsel

Purpose of Role

The Commercial Legal Counsel will contribute to the optimal organizational effectiveness by providing quality support to our legal team and legal services to Foresters and its subsidiaries.

Job Description

The Commercial Legal Counsel will provide a full range of timely, accurate and cost-effective legal support, advice and services to our in-house lawyers, senior management, officers, and employees throughout Foresters in Canada and the US.

  • Provide legal support and advice on procurement and commercial contracts, general corporate commercial advice and services, litigation management, insurance and employment law, and laws relating to Fraternal Benefit Societies.
  • Conduct legal research, identify legal issues and risks, formulate and recommend legal strategies and solutions, and draft legal opinions and advise on a comprehensive range of legal matters.
  • Contribute to an effective program of corporate governance compliance for Foresters and its subsidiaries by functioning in a corporate secretarial capacity as needed for Foresters Board Committees.
  • Manage external and internal legal resources, including needs analysis, resource allocation, and project monitoring.
  • Direct the work of paralegals assisting with various legal files and matters.
  • Litigation management and directing the work of external counsel on an as needed basis.
  • Develop, promote and deliver a program for internal client development and education to assist clients in performing their functions and to maximize law department resources.
  • Participate in Foresters employee development and community service programs.
Key Qualifications
  • Five to twelve years legal experience.
  • A subject matter expert in two or more areas of law.
  • Effective communication and collaboration skills to manage working partnerships with all levels of the organization and within the legal department.
  • Proficient with technology, legal research and concise memo drafting.
  • Ability to communicate highly complex issues to people outside the legal profession.
  • Ability to identify potential sources of significant exposure, consequences and risk mitigants.
  • Ability to identify the need and then hire expert lawyers when the issues involved require either more extensive knowledge/experience or when insufficient internal legal resources.
  • Creative and adaptable.

Equal Opportunity Employment and Inclusion - Foresters Financial is committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all our employees can show up wholly and authentically as themselves.

About Us

Foresters Financial is an international financial services provider with a unique history that began in 1874 when we set out to provide access to life insurance for average, working families. More than 140 years later, we provide life insurance, savings, retirement and investment solutions that help families achieve long-term financial health and security.



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