Legal Counsel

Fidelity CanadaToronto, ON
CA$164,000 - CA$194,000Hybrid

About The Position

The Legal Counsel provides legal services of all varieties, which make it possible for Fidelity to develop and offer investment products, enter into new relationships, establish new businesses and maintain existing business activities. The Fidelity Legal Department provides legal services to all aspects of Fidelity's business.

Requirements

  • LL.B./J.D. degree and member in good standing of a Canadian law society.
  • 4 years post call experience in securities, investment funds or asset management law (law firm or in-house).
  • Knowledge of Canadian securities regulation and investment fund regulation.
  • Strong drafting and negotiation skills.
  • Strong communication and stakeholder-management abilities.

Nice To Haves

  • Experience at a major law firm, bank, pension fund or asset manager preferred.
  • Knowledge of corporate and securities law
  • Strong analytical, negotiation and problem-solving skills
  • Excellent verbal and written communication skills
  • Effective prioritization of tasks, ability to deliver high quality work under pressure
  • Can effectively collaborate on projects and initiatives and build relationships within legal department as well as with business partners
  • Working knowledge of the legal structure, regulatory requirements and internal standards relating to mutual funds, pooled funds, separate account management, and sub-advised accounts is an asset

Responsibilities

  • Provide legal advice to all Fidelity Canada companies and business lines
  • Advise on securities laws and regulatory matters as they relate to new products, services, strategic projects and on miscellaneous issues as they arise
  • Monitor legal and regulatory developments affecting the asset management industry.
  • Prepare and maintain disclosure documents and material contracts for institutional and retail investment products, distribution arrangements and other services offered by Fidelity in Canada
  • Support mutual funds, ETFs, alternative investments and other investment products.
  • Draft, review and negotiate commercial agreements
  • Identify legal risks and develop practical business solutions.
  • Assist with regulatory filings and interactions with securities regulators.
  • Develop and maintain positive and effective relationships with various Fidelity departments, including Product, Marketing, Compliance, Risk and Fund Accounting

Benefits

  • Base Salary and Discretionary Performance Bonus: Total annual cash compensation (base salary pus target bonus) ranges from $164,000 to $194,000, based on your experience and qualifications.
  • RRSP Contribution: After 6 months of employment, we invest in your future with an RRSP contribution—no employee matching required.
  • Flexible working arrangements - 100% remote, hybrid, and in office options
  • Competitive total compensation, including company contributions to your group RRSP without a matching requirement from you
  • Comprehensive health benefits that start on your first day, with 100% employer-paid premiums, that include up to $6000 annually for mental health services and therapy
  • Parental leave top-up to 100% of your salary for a period of 25 weeks
  • Up to $650 for home office equipment
  • Generous time off policy, including 2 paid days annually to volunteer at a charity of your choice
  • Diversity and inclusion programs, including an active network of Employee Resource Groups
  • Extensive professional development opportunities, including access to over 11,000 training and development courses, tuition reimbursement, and monetary rewards for completing a required designation
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