Senior Counsel Derivatives, Global Asset Management
Top Benefits
About the role
Application Deadline: 11/06/2025
Address: 100 King Street West
Job Family Group: Legal
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, with a focus on:
- 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
This position will not be responsible for litigation matters.
The successful candidate will be a team player with strong legal and organizational skills and a proven ability to:
- make things happen with pace
- effect change
- tackle challenges outside of your historic expertise
- support our business as it evolves and pursues new opportunities
Qualifications
Knowledge
- Minimum requirements are a 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
Skills:
- 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
About Desjardins
Desjardins Group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $435.8 billion as at March 31, 2024. It was named one of Canada's Best Employers by Forbes magazine and by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has some of the highest capital ratios and credit ratings in the industry and the first according to Bloomberg News.
Senior Counsel Derivatives, Global Asset Management
Top Benefits
About the role
Application Deadline: 11/06/2025
Address: 100 King Street West
Job Family Group: Legal
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, with a focus on:
- 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
This position will not be responsible for litigation matters.
The successful candidate will be a team player with strong legal and organizational skills and a proven ability to:
- make things happen with pace
- effect change
- tackle challenges outside of your historic expertise
- support our business as it evolves and pursues new opportunities
Qualifications
Knowledge
- Minimum requirements are a 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
Skills:
- 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
About Desjardins
Desjardins Group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $435.8 billion as at March 31, 2024. It was named one of Canada's Best Employers by Forbes magazine and by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has some of the highest capital ratios and credit ratings in the industry and the first according to Bloomberg News.