Legal Counsel, Regulatory Affairs

  • TMX Group
  • Toronto, Ontario, Canada
  • Nov 21, 2021
Full time Lawyer (In House Counsel)

Job Description

About TMX Group

TMX Group’s key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities and fixed income. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, Trayport and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Beijing and Singapore.

Department Overview

TMX Group’s Office of the General Counsel (GCO) is a high-performing legal team with offices in Toronto, Montreal, Calgary, Vancouver and London (U.K.) and is responsible for providing TMX Group and its subsidiaries with the full suite of legal services they need to support and develop their businesses, including with respect to corporate, securities, governance, regulatory, commercial and intellectual property law.



Description of Role 

  • Provide legal and regulatory support to equity trading, fixed income, and capital formation, among other TMX businesses

  • Act as legal adviser for new initiatives led by our exchange trading and data businesses

  • Assist with drafting changes to trading rules for our various exchanges

  • Oversee all aspects of the filing and regulatory approval process for changes to trading and data rules, fee changes and new product offerings

  • Partner with the business to achieve the desired regulatory outcomes

  • Nurture strong working relationships with the staff of key regulators

  • Advise Vice President, Regulatory Affairs and other leaders on new and changing regulatory requirements

  • Monitor securities industry and related proposed legal and policy developments in Canada and other jurisdictions

  • Draft responses to requests for comment on proposals that may affect TMX Group businesses, with input from the relevant stakeholders



  • Member of law society in any province of Canada in good standing

  • 4-8 years legal experience in corporate, commercial and/or securities, or equivalent experience, with a reputable company or top tier law firm

  • Knowledge of trading and/or clearing and settlement operations is an asset

  • Strong advocacy skills, and the ability to succinctly explain complex matters to audiences with varying degrees of background information

  • Understands how to work effectively within a broader enterprise with overarching priorities

  • Contributes to a culture of high performance, accountability and inclusivity

  • Strong attention to detail, but also the ability to remain focused on the big picture

  • Recognizes the importance of understanding client needs and giving intelligent, thoughtful and practical advice

  • Self-starter but also team-oriented

  • Excellent analytical and interpersonal skills

  • Result-oriented and commercially astute



TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.