Requisition ID: 105031Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Assists department leadership to help ensure business strategies, plans and initiatives are supported in compliance with governing regulations, internal policies and procedures.
Helps to promote a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
Provides leadership and guidance to colleagues and subordinates with regard to strategic, policy and operational issues, while providing them with the opportunity to perform their responsibilities on a day to day basis without specific oversight.
While working to assist department leadership, contributes to supporting the strategic direction for the department in alignment with all-Bank priorities. This includes:
reviewing strategic initiatives for alignment with corporate strategies and regulatory and legislative requirements
working to ensure that strong operational, technology and internal controls are in place for the department
contributing to setting internal standards for business conduct in business lines/divisions
reviewing matters relating to reputational risk for the Bank
ensuring effective management and, where necessary, mitigation of material legal risk exposures, in particular those that exceed or have the potential to exceed the applicable approved risk appetite and/or risk appetite limits
providing leadership in communicating within the function risk appetite so as to help embed appropriate risk taking into the Banks culture, and
escalating breaches in risk appetite and material risk exposure in a timely manner
Leads in overseeing special projects
Providing high quality legal advice on issues of high complexity often with little or no precedent
Taking responsibility for particular projects as they arise ensuring the best legal advice is provided in a timely and appropriate manner
Identifying issues which need a range of legal advice coordinating and leading that initiative
The incumbent will assist the SVP and Deputy General Counsel with special projects, including the legal aspects of applicable regulatory issues.
This will include supporting change management initiatives within the department to ensure that the Legal Departments resources are maximized and appropriately aligned.
Special projects and related advice may cover but not be limited to, matters relating to corporate law, lending, litigation, M&A, labour relations, local securities offerings, regulatory, due diligence and any other matters as required.
Directs day-to-day activities in a manner consistent with the Banks risk culture and the relevant risk appetite statement and limits. Communicates the Banks risk culture and risk appetite statement throughout their teams.
Creates an environment in which his/her team members and colleagues pursue effective and efficient operations of their respective areas in accordance with Scotiabanks Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and, managing succession and development planning for the team.
Education / Experience / Other Information
Must have graduated from a recognized Canadian law school and a member in good standing of the Bar in a Canadian common law jurisdiction.
Incumbent should have a broad experience acquired either at the Bank or another financial institution or large law firm in commercial law with emphasis on the legal structure around retail banking, commercial banking and insurance.
Specific knowledge of the legal issues of each of the subject areas of direct reports.
Experience in dealing with regulators and industry associations.
Superior negotiation skills.
Location(s): Canada : Ontario : Toronto Scotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.