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Senior Counsel Derivatives, Global Asset Management

bmo

Toronto, CAonsite$112k-$208k/yrPosted Jun 2, 2026

About the role

Application Deadline:

06/18/2026

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

Salary:

$111,800.00 - $208,000.00

Pay Type:

Salaried

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 details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

Compensation

This Legal role pays $112k-$208k/yr. Within typical range for legal roles in Canada.

Questions about this role

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