Senior Legal Counsel, Wealth

Posted on:
October 17, 2023

Reporting to the AVP & Senior Counsel, you are a key member of the legal team supporting our

Canadian wealth businesses.  You will provide legal advice on issues related to the distribution

of securities, the provision of investment management and advisory services to retail clients,

and the ongoing operation of both investment dealer and mutual fund dealer lines of business. 

You will be advising on products and service offerings, drafting a wide range of client facing

agreements and disclosures, interpreting and advising on all regulation pertaining to our

Canadian wealth businesses, and negotiating complex corporate and commercial agreements

to support existing and new business activities. 

Accountabilities:

 Work with business and functional partners to provide practical, risk-based legal advice on a

wide range of matters impacting our wealth businesses

 Maintain in-depth knowledge of regulatory requirements applicable to the wealth businesses

and advise on regulatory requirements and developments, including securities laws and

other applicable legislation

 Draft account agreements/forms, disclosures and communications, and regulatory

applications/ filings

 Negotiate and draft complex commercial agreements, subscription agreements, introducing

broker / carrying broker arrangements, custody arrangements, principal-agent agreements,

and referral arrangements

 Advise on the formation of new lines of businesses and services, registration matters, trust

and estate matters, and general operation and administration of investment dealer and

mutual fund dealer businesses

 Instruct and manage external counsel

 Qualifications and Competencies:

 Law Degree, Member in good standing of a provincial Bar

 Minimum of 5 years of relevant legal work experience

 Extensive knowledge of provincial and territorial securities laws, regulations, and policies,

including in-depth understanding of registrant regulation as well as CIRO rules pertaining to

both investment dealers and mutual fund dealers

 Strong knowledge of securities regulatory compliance practices, procedures, and principles

 Experience advising on discretionary investment / managed account programs (UMA and/or

SMAs) and familiarity with associated rules, regulations and guidance notes considered a

strong asset

 Strong written and verbal communication skills

 Demonstrated superior drafting skills

 Ability to proactively bring projects to completion

 Attention to detail

 Proven analytical and problem-solving skills with experience simplifying and resolving

complex problems

 Superior organizational and time management skills

Location: Toronto/London/Winnipeg

Contact: Umbar.Rafi@canadalife.com

Please use the link to apply directly on our website:

You can view more details by clicking
here
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