Legal Counsel II

Ontario Securities Commission•Toronto, ON

2d•Onsite

About The Position

The Ontario Securities Commission (OSC) is the statutory body responsible for regulating Ontario’s capital markets. The General Counsel’s department (GCD) provides expert, client-centred, legal, strategic and risk management advice to the Commission. GCD provides legal advice in a wide range of areas including statutory interpretation, administrative law, securities regulation, civil and transactional litigation, corporate/commercial law, information technology/intellectual property law, procurement law, access-to-information and privacy law. The GCD is also responsible for the enterprise-wide compliance framework and providing legal support on organizational compliance and agency accountability matters. This role will provide practical and client-focused in-house legal advice on day-to-day matters related to policy development, legislative reform, corporate compliance, procurement and contracting and conflict of interest matters. Reporting to the Associate General Counsel, Regulatory Policy and Corporate, your work will have an impact on all aspects of the OSC’s operations with a strong focus on regulatory and corporate matters.

Requirements

Membership in good standing with the Law Society of Ontario.
A minimum of 5 years experience in securities law and regulation and corporate/commercial law and, or equivalent knowledge, skills and judgment.
A strong understanding of the capital markets, the securities industry, and securities legislation.
Demonstrated ability to analyze complex problems and develop sound and practical recommendations.
Ability to communicate ideas clearly and concisely.
Excellent analytical, research, and legal drafting skills.
Demonstrated ability to build relationships, develop credibility, and provide practical and constructive advice.
Demonstrated ability to engage with internal and external stakeholders.
Demonstrated ability to prioritize demands and allocate time appropriately.
Ability to coordinate various aspects of projects and policies with appropriate staff within the organization.

Nice To Haves

Experience drafting legislation, rules or other regulatory instruments is an asset.
Experience working on commercial transactions, including securities-related transactions.

Responsibilities

Providing legal and strategic advice to the Commission and staff on complex policy, regulatory and legislative issues in the context of the regulation of the capital markets.
Providing in-house legal and risk management advice and support including with respect to procurement and contract matters, freedom of information requests and privacy-related concerns.
Advising on the discharge of the Commission’s statutory mandate consistent with administrative law principles.
Rendering legal opinions on challenging matters.
Leading or participating in policy initiatives and other special projects to address Commission priorities.
Supporting the development of legislative amendment proposals and rule-making proposals, including legislative drafting to support regulatory reform initiatives.