Senior Legal Counsel, Subsidiary Governance

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BMO’s Enterprise Board Governance team is responsible for the planning and execution of enterprise Board governance processes and related legal advice for BMO Financial Group. The Senior Counsel, Subsidiary Governance will play a key role: (i) in ensuring that BMO’s high standards for corporate governance are met, with primary accountability for Canadian subsidiaries; and (ii) in the execution of Canadian intra-group transactions. The successful candidate will draw on their knowledge of corporate law, corporate governance and regulatory compliance; be passionate about continuous improvement; and be an expert and sensitive communicator. The role reports to the Associate General Counsel, Subsidiary Governance (Canada and International).

Primary accountabilities include:

• Advising on corporate law and regulatory matters generally and best practices as they relate to corporate governance matters for subsidiaries;

• Assisting with corporate secretarial duties, including planning and attending meetings, advising on agendas and materials, overseeing minutes, and providing corporate law and governance advice, primarily to Canadian subsidiary directors and officers;

• Providing corporate law and governance advice on internal subsidiary transactions, including drafting or supervising the drafting of corporate and governance documents;

• Coordinating engagement among subsidiary boards, their regulators, and internal and external auditors and responding to audit and regulatory requirements and inquiries;

• Overseeing the management of the regulatory compliance program for Enterprise Board Governance;

• Monitoring legal and regulatory developments relating to corporate governance in Canada and other designated jurisdictions;

• Interacting collaboratively with other members of the Enterprise Board Governance group to achieve the Bank’s corporate governance goals; and

• Acting in a leadership capacity with respect to junior colleagues, taking responsibility for their support and development.

Knowledge and Experience:

• Minimum requirements are a degree in law (LLB or JD), licensed to practice law in Ontario and a minimum of 7 or more years of legal practice;

• Strong legal knowledge in corporate, governance and regulatory areas; and

• Knowledge of the business and regulatory environment in which BMO Financial Group operates would be an asset.

Skills:

• Excellent relationship management and communication skills;

• The ability to work both independently and in a team environment;

• Demonstrated confidence in dealings with BMO’s subsidiary directors and senior executives;

• Proactively providing ideas, advice and solutions for legal issues and corporate governance practices;

• Strong legal research and analytical skills to identify and understand corporate and regulatory requirements and then apply them the Bank’s corporate governance objectives and intra-group transactions;

• Sound judgment with the ability to manage ambiguity and make decisions; and

• Strong time management and organizational skills including being comfortable working well under pressure to meet a variety of deadlines, set priorities and have a strong attention to detail.

*This is a hybrid role requiring a minimum of 2 days a week in the Toronto office (subject to change).

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.