Legal Counsel II

Job summary

The Legal Counsel II will review prospectuses, continuous disclosure filings, and applications for discretionary relief while conducting research on complex regulatory issues. They will also contribute to policy development initiatives and interact with market participants and other OSC divisions.

Job details

Business Unit Regular, Full time Closing Date: September 21, 2026 The Ontario Securities Commission (OSC) is the statutory body responsible for regulating Ontario’s capital markets in accordance with the mandate established in the provincial Securities Act and the Commodity Futures Act. The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. This mandate is performed through policy, operational, and enforcement activities. The OSC also contributes to national and global securities regulation development. We offer a diverse, fair, and flexible work environment and take pride in our challenging and rewarding work. The Corporate Finance Department (CFD) is currently looking for a Legal Counsel II to join the team. CFD is responsible for the regulation in Ontario of public companies and companies raising capital in the exempt market. CFD also plays an active role in policy development within the OSC and the Canadian Securities Administrators. What you will do: As a Legal Counsel II, you will work on a multi-disciplinary team and report to an Associate Vice-President in the Corporate Finance Department, and you will be given opportunities to: * Review prospectuses, applications for discretionary relief from securities legislation, exempt market activities and continuous disclosure filings. * Conduct research on complex issues and contribute to the development of policy initiatives, including adapting regulatory principles to industry trends and emerging issues. * Interact with other OSC divisions, market participants and their advisors, and others engaged with the capital markets. As the ideal candidate, you: * Are a member of the Law Society of Ontario in good standing and have a minimum of 5 years’ experience practicing securities law. * Have experience working with the securities regulatory regime as it applies to public companies and companies raising capital in the exempt market, ideally gained at a law firm or a reporting issuer. * Have legal knowledge of capital markets and the ability to exercise good judgement. * Have experience in policy development and regulation. * Have a demonstrated ability to establish collaborative working relationships and work on a team. * Can effectively balance regulatory objectives with practical business considerations. * Possess strong analytical, project management and communication skills. * Can successfully organize and manage multiple, complex projects and set and adjust priorities. This is an opportunity to influence the further development of securities laws and regulations. The work associated with this role is top quality and complex, allowing you to experience continuous personal and professional growth. This is also an opportunity to join a very collegial and collaborative group. The OSC offers a diverse, fair, and flexible work environment and takes pride in its challenging and rewarding work. If you like to problem-solve and have a genuine interest in protecting the integrity of the ever-changing capital markets, this may be the perfect position for you! Grow your career and make a difference working at the OSC. * OSC Employees: please apply in Workday using the Browse Jobs feature within your Jobs Hub * We thank all applicants for their interest in the Ontario Securities Commission. We will contact those selected for an interview. The OSC is committed to diversity and providing an inclusive workplace and providing accommodation in accordance with the Accessibility for Ontarians with Disabilities Act and the Human Rights Code. It is our priority to ensure employment opportunities are visible and barrier-free to all under-represented groups including but not limited to, Indigenous, Black and racialized groups, people with disabilities, women and people from the 2SLGBTQI+ community, to achieve an employee demographic profile reflective of the demographic profile of Ontarians. The OSC is a proud partner with the following organizations: Ascend Canada [https://ascendleadership.ca/], BlackNorth Initiative [https://blacknorth.ca/], Canadian Centre for Diversity and Inclusion [https://ccdi.ca/], and Pride at Work Canada [https://prideatwork.ca/] If you require an accommodation during the recruitment process, please let us know by contacting our confidential inbox HRRecruitment@osc.gov.on.ca [HRRecruitment@osc.gov.on.ca]. Visit Accessibility at the OSC [https://www.osc.gov.on.ca/en/accessibility-osc_index.htm] to review the OSC’s policies on accessibility and accommodation in the workplace.

What you’ll do

The Legal Counsel II will review prospectuses, continuous disclosure filings, and applications for discretionary relief while conducting research on complex regulatory issues. They will also contribute to policy development initiatives and interact with market participants and other OSC divisions.

Requirements

Candidates must be a member of the Law Society of Ontario in good standing with at least 5 years of experience practicing securities law. Strong analytical, communication, and project management skills are required, along with experience in the securities regulatory regime.

Benefits

• Flexible work environment • Professional growth opportunities

Listed skills

• collaborative teamwork · Preferred
• Problem solving · Preferred
• Policy development · Preferred
• Regulatory Compliance · Preferred
• Communication Skills · Preferred
• Project management · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Securities law
• Regulatory compliance
• Policy development
• Legal research
• Prospectus review
• Analytical skills
• Project management
• Communication skills
• Capital markets knowledge
• Collaborative teamwork
• Problem-solving
• Continuous disclosure
• Exempt market activities
• Discretionary relief applications
• Influencing Skills
• Workplace Inclusivity
• Influencing Without Authority
• Policy Development
• Research
• Corporate Finance
• Capital Markets
• Computational Fluid Dynamics
• Communication
• Financial Systems
• Financial Regulations
• Systemic Risk
• Project Management
• Securities Regulation
• Raising Capital
• Securities (Finance)
• Legal Knowledge

Job areas

• Legal
• Government & Public Sector
• Finance & Accounting
• Legal Counsel
• Lawyer (General)
• Lawyers