Senior Counsel Corporate

Permanent Full Time

Reporting to the Assistant Vice President & Senior Counsel, Individual Wealth, you will be a key member of the legal team providing support to our Canadian wealth businesses. You will provide practical and timely legal advice on strategic and tactical business issues and initiatives related to Canada Life's rapidly growing wealth business, including on the distribution of securities and mutual funds, the provision of discretionary investment management and advisory services to retail and institutional clients, and the ongoing operation of both investment dealer and mutual fund dealer lines of business.

You will work closely with a group of legal professionals and business leaders on a range of securities and general corporate/commercial matters, including advising on products and service offerings, advising on new lines of business and strategic initiatives, drafting a wide range of client facing agreements and disclosures, interpreting and advising on all regulation pertaining to our Canadian wealth businesses, and negotiating complex corporate and commercial agreements to support existing and new business activities. Your work will be wide-ranging and will provide the opportunity to develop expertise in dynamic practice areas. This is an exciting opportunity to work with a highly accomplished team of legal professionals supporting one of Canada's leading financial services companies.

Accountabilities:

• Work collaboratively with business and functional partners to provide practical, risk-based legal advice on a wide range of matters impacting Canada Life's wealth businesses
• Maintain in-depth knowledge of regulatory requirements applicable to Canada Life's wealth businesses and advise on regulatory requirements and developments, including securities laws and other applicable legislation pertaining to investment dealers and mutual fund dealers
• Advise the compliance function, including advising on the enhancement of internal policies and procedures aimed at mitigating risk, meeting applicable regulatory requirements and/or improving operational efficiency
• Draft account agreements and related forms, client disclosures and communications, as well as regulatory applications and filings in support of new and existing business initiatives
• Negotiate and draft complex commercial agreements, including distribution agreements, investment management and sub-advisor agreements, subscription agreements, introducing broker / carrying broker arrangements, custody arrangements, principal-agent agreements, referral arrangements, and a range of outsourcing and technology agreements related to the operation of investment dealer and mutual fund dealer businesses
• Advise on the formation of new lines of businesses and services, registration matters, trust and estate matters, and the general operation and administration of investment dealer and mutual fund dealer businesses as well as the provision of investment management advice in non-discretionary and discretionary relationships
• Advise on firm and advisor regulatory compliance, including advisor conduct issues, and provide securities regulatory advice on litigation matters impacting the wealth lines of business
• Instruct and manage external counsel

Qualifications and Competencies:

• Law Degree, Member in good standing of a provincial Bar
• Minimum of 8 years of relevant legal work experience (law firm, in-house, or securities regulatory body)
• Extensive knowledge of provincial and territorial securities laws, regulations, and policies, including in-depth understanding of registrant regulation (NI 31-103, NI as well as CIRO rules pertaining to both investment dealers and mutual fund dealers and NI 81-105
• Strong knowledge of the securities industry's regulatory compliance practices, procedures, and principles applicable to investment dealers and mutual fund dealers
• Experience advising on discretionary investment / managed account programs (UMA and/or SMAs) and familiarity with associated rules, regulations and guidance notes considered a strong asset
• Self-motivated with the ability to work well independently and as part of a team in a dynamic environment
• Strong written and verbal communication skills with a practical solution-oriented approach and ability to see the big-picture
• Demonstrated superior drafting skills
• Ability to proactively bring projects to completion
• Highly focused with attention to detail
• Proven analytical and problem-solving skills with experience simplifying and resolving complex problems
• Superior organizational and time management skills with experience handling multiple projects at once

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You're part of a diverse and inclusive workplace where your career and well-being are championed. You'll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you'll deliver on our shared purpose to improve the well-being of Canadians. It's our driving force. Become part of a strong and successful company that's trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we're one of Canada's leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.