Senior Counsel Derivatives, Global Asset Management
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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