Senior Legal Counsel

Requisition ID: 225775

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

The Senior Legal Counsel contributes to the overall success of the Legal Department in Canada ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. The incumbent is responsible for the provision and co-ordination of legal services and advice to the Bank and subsidiaries with respect to a range of Bank matters or specialized areas of law. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

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

• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Position is primarily dedicated to providing legal support to the Global Equity Derivative (GED) business.

• Duties will include but not be limited to:

• Supporting the development of new structured note products

• Providing advice related to novel note and pre-clearance related matters
• Conducting detailed reviews of structured note offering documents in the regions in which the business issues notes, including reviewing closing documents as well as collaborating with members of GED and internal and external legal counsel in connection with both transactional and non-transactional matters
• Responsible for all note and GIC reviews (based on the Legal Pre-Approval Policy)
• Where offering documents are not automated or a new feature is being added to a structure, responsible for drafting the offering documents for the desk to review or, where external legal is engaged, be the point of contact for all communications with external legal
• Assist with automation and template development as required
• Responsible for drafting and reviewing any private placement offering documents
• Responsible for drafting and reviewing filings with securities regulators globally and/or drafting and coordinating with external counsel filing on behalf of BNS
• Responsible for providing legal support for GED trades including the drafting and reviewing of offering documentation and any listing on an exchange, as applicable

• Initiate new region requests with the Bank's US Legal and manage communications with external counsel including the review and summary of their opinions

• Keep abreast of legal and regulatory changes in the markets in which GED operates.

• Assist the business in the management of external legal expenses.
• As requested, attend committees including Structured Notes Issuance Committee and Structured Products Committee.
• Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue 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.
• Champion a high-performance environment and contributes to an inclusive work environment.

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

• Graduate of a recognized law school with membership in the Law Society of one of the provinces of Canada.
• 6+ years practical in-house or private practice experience in legal issues related to structured notes (preferred) or structured product or corporate finance/securities experience,
• The position requires a high level of analytical, human relations and communications skills.
• Established problem solving and drafting skills.

Working Conditions
Work in a standard office-based environment; non-standard hours are a common occurrence.

Will be expected to be in office a minimum of 3 days per week. For the first 3 months, will be expected to attend the office 4 days a week, with one of the days sitting with the business for purposes of training. The incumbent must handle a significant workload and must determine priorities between competing demands as work flows from many sources. The incumbent is also required to read and understand a heavy volume of legal and business articles and reports. The incumbent is often required to work under tight timetables and deadlines to ensure analysis of materials is done quickly and thoroughly. The working environment can be extremely stressful, due to tight and inflexible deadlines and constantly shifting priorities with little warning given of changing work volumes.

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.