Senior Counsel Derivatives, Global Asset Management

BMO•Toronto, ON

7d•Onsite

About The Position

BMO Financial Group is seeking a full-time lawyer to join the legal team in Toronto as Senior Counsel responsible for providing legal support, with a focus on derivatives, to BMO Global Asset Management’s (BMO GAM) manufacturing of retail and institutional investment products, including the BMO Mutual Funds, BMO Exchange Traded Funds, BMO AM Pooled Funds and alternative products. You will deliver expert and experienced legal support to BMO GAM’s Canadian business, operations and corporate affairs.

Requirements

degree in law (LLB/JD) and license to practice law in Canada
5+ years post Call to the Bar expertise in private practice, in-house experience or experience at a regulatory body
Knowledge of the business and regulatory environment in which BMO Financial Group operates
Strong judgment and analytical capability
Strong verbal and written communication skills
Excellent relationship management skills
Strong drafting and negotiation skills
Ability to work independently and in a team environment
Solution-oriented with strong ability to make things happen with pace

Nice To Haves

make things happen with pace
effect change
tackle challenges outside of your historic expertise
support our business as it evolves and pursues new opportunities

Responsibilities

acting as a subject matter expert on relevant laws, regulations and policies relating to listed and OTC derivatives, including options, forward contracts, futures, swaps and other derivatives instruments
drafting and negotiating derivatives documentation, including ISDAs, credit support annexes, account control agreements, broker agreements, onboarding documents and ancillary documentation
derivatives transactional support, with a focus on equity and interest rate derivatives, including drafting and reviewing ISDA trade confirmations
advising on a wide array of existing and new derivatives laws and regulatory initiatives, including trade reporting, margin requirements and compliance with National Instrument 81-102 Investment Funds
providing legal and regulatory advice on new and existing investment products, initiatives, strategies, policies and developments
identifying risks and implementing appropriate actions to mitigate them
implementing areas of improvement to ensure consistency with industry practice when dealing with counterparties
building effective relationships with internal/external stakeholders
instructing and managing external legal counsel
broader work or accountabilities may be assigned as needed