Legal Counsel, Private Markets & Innovation

Alberta Securities Commission

7d•Onsite

About The Position

The Alberta Securities Commission (ASC) is seeking a Legal Counsel, Private Markets & Innovation to provide legal, policy, and regulatory support to the Private Markets & Innovation team. This role will support the ASC’s engagement with issuers, founders, entrepreneurs, investors, advisors, and other market participants involved in capital raising, with a particular focus on small and scaling businesses, emerging technologies, digital assets, tokenization, and innovation in capital markets. The ASC is the industry-funded regulator responsible for administering Alberta's securities laws, fostering a fair and efficient capital market, and protecting investors. As a member of the Canadian Securities Administrators (CSA), the ASC collaborates to improve, coordinate, and harmonize the regulation of Canada's capital markets. The Corporate Finance division, where this role resides, is the primary interface for issuers and their advisors, responsible for reviewing various filings, monitoring disclosure, assessing financing, and making recommendations on exemptive relief. This division is also involved in developing rules, policies, and legislative amendments for Alberta's and Canada's capital markets.

Requirements

A law degree.
Approximately two to four years of relevant legal experience.
Membership in good standing (or eligibility for membership) with the Law Society of Alberta.
Experience in securities law or an interest in issues affecting small and scaling companies, private market activity, corporate finance, capital raising, disclosure obligations, regulatory policy, or business law.
Some knowledge of securities legislation, rules, instruments, policies, and regulatory guidance, and ability to deepen that knowledge through legal research, practical application, and mentorship.
An understanding of the challenges of small and scaling companies, private market activity, capital raising alternatives, and regulatory compliance issues, or ability to develop this understanding quickly.
Strong verbal communication and presentation skills, including the ability to explain regulatory requirements in a practical and accessible manner.

Responsibilities

Conduct legal and policy research on securities law issues within a defined legislative and regulatory framework with a focus on issues affecting small and scaling businesses, particularly those with emerging technologies and digital assets, and those looking to utilize the tokenization of securities and other real-world assets.
Engage with market participants, including early-stage businesses, investors, legal advisors, accountants, and other stakeholders, to support their understanding of and compliance with securities law requirements through educational seminars, workshops, and outreach sessions.
Provide legal support to Corporate Finance staff in reviewing filings submitted to the ASC and assist in identifying legal or policy issues that may require further analysis, escalation, or stakeholder communication.
Identify legal and policy considerations, assess available precedents and guidance, and develop practical analysis and recommendations for review by the Manager, senior legal counsel, or other subject matter experts.
Participate as a member of project teams and committees involved in the development of proposed new policies, rules, guidance, and other regulatory initiatives, with a particular focus on issuers and businesses accessing capital through private markets and venture exchanges.
Assist in drafting, reviewing, and refining policy materials, guidance documents, memoranda, presentations, and other resources, with work reviewed for accuracy, completeness, rationale, and alignment with ASC objectives.