Senior Legal Specialist
3 weeks ago
Scotiabank is a leading bank in the Americas, guided by our purpose: 'for every future', we help our customers, their families and their communities achieve success through a broad range of advice, products and services.
Estimated Salary: $110,000 - $160,000 per yearThis salary estimate is based on national averages for similar positions in Canada. The actual salary may vary depending on factors such as location, experience and qualifications.
Job Description:Key ResponsibilitiesAs a Senior Legal Specialist - Retail Banking, you will provide expert legal analysis and advice to stakeholders on complex matters related to retail banking operations in Canadian jurisdictions. Your primary focus will be on Anti-Money Laundering, Anti-Terrorist Financing and Sanctions, and Anti-Bribery & Corruption regulations. You will also coordinate with international jurisdictions as required.
- Provide legal counsel to senior management on regulatory matters, investigations, and external counsel instruction.
- Research and analyze complex legal issues, propose federal and provincial legislation impacts on the Bank, and inform management on developing legal trends.
- Represent the Bank at meetings or committees with government, public, and private organizations, preparing submissions to government bodies on relevant legislation and issues.
- Direct the activity of outside counsel and recommend courses of action regarding ongoing matters.
- SUPERVISE THE WORK OF COUNSEL AND STAFF WITHIN A GROUP, SETTING WORK STANDARDS, METHODS, AND PROCEDURES IN ACCORDANCE WITH COMPANY-WIDE POLICIES.
You must have graduated from a recognized Canadian law school and be a member in good standing of the Bar in a Canadian common law jurisdiction. You should have a broad experience acquired either at the Bank or another financial institution or large law firm in commercial law with emphasis on the legal structure around retail banking, commercial banking, and insurance.
- Specific knowledge of the legal issues in each of the subject areas.
- Experience in dealing with regulators and industry associations.
- Superior negotiation skills.
We offer a comprehensive compensation package including a competitive salary, excellent benefits, and opportunities for career growth and development. 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.
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