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Senior Legal Counsel, Technology and Strategic Sourcing

2 weeks ago

TorontoOntario, Canada Scotiabank Full time

Requisition ID: 211814

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Reporting to the VP & Associate General Counsel, the Senior Legal Counsel position provides sophisticated advice on a broad range of third-party risk management activities, technology contracting, outsourcing and corporate law matters for the Bank.


Is this role right for you? In this role you will:

  • Knowledge of third-party risk management, non-disclosure agreements, outsourcing arrangements, licenses, cloud and SAAS agreements, consulting arrangements, technology aspects of commercial arrangements, and be willing to work on a wide variety of issues, sometimes with no precedent. You will support various client groups within the Bank and represent the Legal Department on a variety of matters including third-party risk management and contractual arrangements (including precedents, knowledge management activities and regulatory submissions, among others), including the Bank's living will/resolution plan.

  • The ideal candidate will be versatile, flexible and collaborative with strong analytical, written and oral communication skills and excellent judgement. The ability to give pragmatic advice, review, negotiate and draft commercial and other agreements, create precedents, processes and systems and occasionally instruct outside counsel, multi-task and take on new challenges will be essential to succeed in this role.

  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.

  • Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

  • Champions a high-performance environment and contributes to an inclusive work environment.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

  • Qualified to practice law in Ontario or another Canadian province

  • At least 8-10 years of relevant experience gained at a major financial institution or law firm

  • Excellent knowledge of third-party risk management, non-disclosure agreements, outsourcing arrangements, licenses, cloud and SAAS agreements, consulting arrangements, technology aspects of commercial arrangements, and be willing to work on a wide variety of issues, sometimes with no precedent is critical.

  • The incumbent will be versatile, flexible and collaborative with strong analytical, written and oral communication skills and excellent judgement.

  • Knowledge of OSFI Guideline B-10

Location(s): Canada : Ontario : Toronto

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, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

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. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.