Vice President & Associate General Counsel, Global Asset Management

Requisition ID: 237192

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Purpose

Provides expert legal advice and counsel to Senior Management within Scotia Global Asset Management (GAM), with respect to GAM’s global business operating model, activities and transactions, to assist business in achieving its results in accordance with legislative guidelines and Scotiabank Group's overall corporate governance.

Accountabilities

• Provides expert advice and counsel to Senior Management with respect to GAM’s business activities by:
• • providing legal analysis and advice on complex activities to the executive team, including on the evolution and execution of GAM’s increasingly globally oriented target operating model involving Canada and numerous other geographic jurisdictions;
  • identifying and assessing legal risks and developing strategies and options to mitigate risk and protect the Bank's interests;
  • interpreting legislation impacting GAM, and advising the business regarding legislative changes to inform the business' practices and documentation;
  • assessing legal issues of high complexity and providing recommended courses of action; informing executives of developing legal trends;
  • identifying, managing and resolving legal and contractual issues and concerns;
  • providing legal advice and opinions;
  • managing the use of external counsel; and
  • developing and maintaining strong working relationships with internal business units and senior management teams.

• Day-to-day accountabilities include (i) direct and daily engagement with Senior Management on the business and operations of the asset management business via standing membership on the GAM leadership Executive Council; (ii) working in conjunction with stakeholders on legal and regulatory issues; (iv) proactively responding to proposed legislative/regulatory changes affecting the asset management business; (v) regular and highly engaged involvement in enhancing GAM’s global product strategy and the execution of such strategy and (vi) managing and nurturing the development of a legal team.
  
• Leads and drives a customer-focused culture throughout his/her team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  
• Directs day-to-day activities in a manner consistent with the Bank's risk culture and the relevant risk appetite statement and limits. Communicates the Bank's risk culture and risk appetite statement throughout his/her team.
  
Ensures timely action is taken to effectively manage and mitigate risks, including prompt escalation of breaches of management limits or risk appetite measures as per established processes
• Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas and in which his/her team provides legal advice to relevant control function groups to assist in supporting the effectiveness of business controls to meet obligations with respect to legal, operational, regulatory, and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework and the Guidelines for Business Conduct.

• Builds a high-performance environment and implements a people strategy that attracts, retains, develops and motivates his/her team by fostering an inclusive work environment; communicating vison/values/ business strategy, and managing succession and development planning for the team.

Education / Experience / Other Information

• Graduate of a recognized law school
• Member in good standing of the Law Society of Ontario
• Significant legal experience in the investment fund industry
• Significant regulatory and securities law knowledge
• Experience managing a team of legal professionals
• Professional proficiency in both French and Spanish is an asset

• Work in a standard office-based environment; non-standard hours are a common occurrence.
• The incumbent is required to manage a significant workload and must determine priorities between competing demands. The incumbent is required to read and understand a heavy volume of material and is often required to work under tight timeframes and deadlines to ensure the analysis of material is done quickly and thoroughly. The working environment can be extremely stressful, due to tight and inflexible deadlines and constantly shifting priorities, with little warning of changing work volumes. The role requires occasional travel.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.