Senior Counsel, Corporate – Derivatives & Investments

  • Canada Life Assurance Company
  • Toronto, Ontario, Canada
  • Jul 30, 2020
Full time Lawyer (In House Counsel)

Job Description

Job Description:



Canada Life has an exciting opportunity within our Canadian Legal Division and as part of a team of over 150 lawyers globally. If you are looking to apply commercial law experience in a challenging and fast-paced environment with one of the largest insurance companies in Canada, consider a career at Canada Life.


Given the size and scope of our organization, we have the flexibility for this position to be located in the following head office locations: Toronto or Winnipeg.



Role Description:  


We are currently recruiting for the position of Senior Legal Counsel, Corporate within our Law Department to support the company’s derivative trading operations. While there is a preference for the position to be based in Winnipeg or Toronto, qualified candidates located elsewhere within Canada will also be considered. This position will report into the Assistant Vice President & Senior Counsel, Corporate, and will provide valuable, practical and timely advice to our Canadian Investment Division. You will work closely with a group of legal professionals and business leaders, with a primary focus on providing legal support on derivative transactions and related matters, including:
  • Negotiation of ISDA Master Agreements and related documentation with counterparties
  • Assessing regulatory requirements, planning and implementing responses
  • Providing legal advice in respect of the use of derivatives in connection with investment strategies and financial services
  • Providing legal advice to support of the development and implementation of derivative trading programs for various business areas
Given the broad scope of the business carried out by Canada Life’s Canadian Investment Division the position will also involve providing support for other types of investment transactions and related matters. Your work will be wide-ranging and will provide the opportunity to demonstrate proven expertise in dynamic practice areas. This is an exciting opportunity to work with a highly accomplished team of legal professionals supporting one of Canada’s leading financial services companies.  


Qualifications and Competencies:
  • University Degree, Member of a Provincial Bar in good standing, 3 to 10 years’ work experience in derivative transactions and Canadian derivative regulation, including the negotiation and drafting of ISDA documentation
  • Special consideration given to those who also have experience working with US and EU derivative regulation
  • Strong oral communication skills, with the ability to synthesize and present issues with clarity to business leaders of various business and functional areas
  • Excellent judgment, with the ability to identify key issues and provide an independent view to the business team in a clear and practical manner
  • Proven analytical and problem-solving skills with experience resolving complex problems
  • Strong drafting, legal and written communication skills with a practical solution-oriented approach and the ability to use clear, plain language
  • Self-motivated and a desire to work both independently and in a cooperative team environment
  • Highly focused with attention to detail
  • Superior organizational and time management skills with experience addressing multiple projects at once


Our Story  


Canada Life is a leading insurance, wealth management and benefits provider focused on improving the financial, physical and mental well-being of Canadians. For more than 170 years, individuals, families and business owners across Canada have trusted us to provide sound guidance and deliver on the promises we’ve made.  


As of January 1, 2020, Great-West Life, London Life and Canada Life became one company – Canada Life, and today, we proudly serve more than 13 million customer relationships from coast to coast to coast.  


Discover your opportunity….Apply today!  


Canada Life offers competitive compensation, great benefits such as medical, dental, life insurance, wellness account and personal days not to mention onsite cafeteria and fitness in our head office facilities. If you’d like to join our team submit your information online and introduce yourself.  


Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.  


We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.  


Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted

Practice Area(s)

Corporate Law


3-10 years