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Legal Counsel

Canada Guaranty2 days ago
Toronto, ON
Mid Level
full_time

Top Benefits

Competitive compensation
Company-matched retirement programs
Health coverage

About the role

Who We Are

Canada Guaranty is a privately held Canadian mortgage insurer, established in 2010 following the acquisition of AIG United Guaranty Mortgage Insurance Company Canada by the Ontario Teachers’ Pension Plan and National Mortgage Guaranty Holdings Inc.

As a proudly Canadian company, we are committed to service excellence and helping Canadians achieve successful, long-term homeownership. Our mortgage solutions help protect lenders and investors from losses related to borrower default and foreclosure while ensuring Canadians are provided with greater access to affordable and sustainable homeownership.

Canada Guaranty’s performance-driven culture thrives on accountability, collaboration, and supportive teamwork. If you’re a dedicated team player with a strong track record of excellence, we can’t wait to hear from you!

About The Opportunity

As Legal Counsel, you will serve as the principal legal advisor to the organization. You will provide strategic legal advice and manage all legal matters impacting Canada Guaranty and serve as a key advisor to the CEO and executive team, working with the Compliance function to ensure compliance with legal and regulatory obligations while proactively mitigating risks. This is a hands-on leadership role, requiring a strategic thinker with the ability to handle a wide range of legal matters including corporate governance, contracts, employment law, privacy, compliance, and risk management.

Please note that opportunities for flexible or fractional work may be available for exceptional candidates.

In this role, you will:

  • Act as the chief legal advisor to the CEO and executive team
  • Manage corporate governance, including board support, internal policies, corporate records, and annual filings
  • Support strategic initiatives from a legal perspective
  • Work closely with the Compliance function to ensure adherence to relevant federal and provincial regulations
  • Ensure timely filings, corporate records maintenance, and regulatory submissions (e.g., corporate registry filings, annual returns)
  • Oversee compliance with privacy legislation such as PIPEDA and other applicable data protection laws
  • Draft, review, and negotiate a wide range of contracts including commercial agreements, vendor contracts, NDAs, and MOUs
  • Provide guidance on employment-related legal matters including hiring practices, workplace investigations, accommodations, terminations, and employment standards
  • Advise on litigation, arbitration, and regulatory matters and manage and coordinate external counsel in such matters.
  • Manage relationships with external legal providers to ensure cost-effective and high-quality legal services

Essential Qualifications

  • LL.B. or J.D. degree from a recognized institution
  • Member in good standing of the Law Society of Ontario
  • At least 7 years of broad corporate law experience with a strong background in corporate/commercial law, employment law, and regulatory compliance
  • Strategic thinker, with demonstrated skill balancing legal considerations with business priorities
  • Exceptional communication and interpersonal skills with a track record of developing strong internal and external partnerships
  • Demonstrated knowledge of insurance, corporate law and risk management
  • Proven leadership and team management abilities
  • Comfortable working independently in a fast-paced, evolving environment
  • Proven ability to manage multiple projects with competing priorities
  • Excellent communication and negotiation skills with the ability to influence stakeholders at all levels
  • Sound judgment, integrity and the ability to manage complex legal matters with a strategic mindset
  • Strong organizational and project management skills with the ability to manage competing priorities and meet deadlines

Preferred Qualifications

  • Previous in-house counsel experience for a mid-size organization
  • Experience working with leadership teams and advising boards is a major asset
  • Membership with Law Societies in addition to Ontario
  • Previous experience working for or with OSFI-regulated institutions

What We Offer You

Canada Guaranty is proudly recognized by Great Place to Work® as one of the Best Workplaces™ in Financial Services & Insurance (2024, 2025), Best Workplaces™ in Ontario (2024), Best Workplaces™ for Mental Wellness (2025), Best Workplaces™ for Inclusion (2025), Best Workplaces™ for Women (2025), Best Workplaces™ with the Most Trusted Executive Teams (2025), and Best Workplaces™ in Canada – 100-999 Employees (2025). Join us and see why!

We offer a comprehensive total rewards package, including competitive compensation, company-matched retirement programs, health and dental coverage, flexible work options, and a friendly, inclusive, and supportive culture.

Accommodation Notice

Canada Guaranty is committed to fostering an equitable, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we serve and work alongside. Candidates may request accommodation at any point during the interview process.

#LI-Hybrid / #LI-PRO

About Canada Guaranty

Insurance
51-200

Canada Guaranty Mortgage Insurance Company ("Canada Guaranty") is supported by the leading financial strength and diversification of its ownership group, comprised of the Ontario Teachers' Pension Plan and National Mortgage Guaranty Holdings Inc.

As a proudly Canadian private mortgage insurer, Canada Guaranty is dedicated to ensuring Canadians are provided with more opportunities for successful and sustainable homeownership. With a commitment to service excellence, Canada Guaranty offers improved choice through value-added solutions and a comprehensive range of mortgage default insurance products.

Meeting the diverse needs of mortgage and lending professionals means providing the necessary support and essential tools to help them succeed with their borrowers. To discover how the Canada Guaranty team can help you, please visit www.canadaguaranty.ca.