Legal Counsel, Global Transaction Banking

Is this role right for you?

In this role you will:
• Provides day-to-day legal support to the Global Transaction Banking (GTB) business line, with a focus on cash management and treasury services, payments and receivables, digital channels, and related client solutions. This includes:
o Reviewing, drafting and negotiating client agreements, product terms, service agreements, confidentiality agreements and other transaction documents.
o Conducting legal research and preparing clear, practical advice on banking, payments and regulatory matters and escalating novel, complex or higher-risk issues to senior counsel.
o Supporting new products, pilot programs, technology initiatives and strategic partnerships by identifying legal risks, documenting requirements and assisting with implementation.
o Working collaboratively with business, compliance, risk, operations, technology, privacy and other stakeholders to develop practical and scalable solutions.

• Provides legal counsel to GTB and other departments in the Bank on payment modernization and related regulatory initiatives, including consumer-driven banking, real-time payments and ISO 20022. This includes monitoring relevant legal, regulatory and industry developments and helping assess their potential impact on Bank products, services and processes.

• The above activities will be carried out both through direct support to the relevant business lines or other departments and by supporting the senior lawyer on the team.

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

• Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

• Champions a high-performance environment and contributes to an inclusive work environment.

Do you have the skills that will enable you to succeed? – We would love to work with you if you have:
• Graduate of a recognized law school with 3 to 6 years in private practice or in-house experience.
• Membership in the Law Society of one of the provinces of Canada.
• Under general supervision of a Senior Legal Counsel, the incumbent will research and analyze complex legal issues with the aid of established precedents, principles and procedures.
• The position requires:
o a high level of attention to detail, diligence, analytical, human relations and communications skills;
o established problem solving skills; and
o sophisticated drafting and writing skills.

What's in it for you?
• Champion a high-performance environment and contribute to an inclusive work environment.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• A competitive compensation and comprehensive benefits plan.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.