Associate General Counsel & Managing Director, BMO Global Asset Management, Canadian Personal Wealth and Insurance

  • The Bank of Montreal
  • Toronto, Ontario, Canada
  • Mar 04, 2025
Full time Lawyer (In House Counsel)

Job Description

BMO is a highly regarded financial institution seeking an experienced legal professional to lead and manage the delivery of legal advisory services for its Wealth Management division, encompassing Asset Management, Private Wealth, InvestorLine, and Insurance.

BMO provides a comprehensive range of financial services to individuals, business owners, and institutions across Canada and the United States, offering solutions in wealth planning, asset management, insurance, and investment services to support clients in growing, protecting, and transitioning their wealth.

This role involves overseeing legal strategy, managing risk, and providing high-level counsel to senior leadership while ensuring compliance with regulatory and corporate governance frameworks.

Key Responsibilities:

  • Lead and manage a team of legal professionals providing legal services across multiple business lines.
  • Offer strategic legal advice to senior executives on complex financial, regulatory, and litigation matters.
  • Oversee and resolve significant legal and regulatory issues with enterprise-wide impact.
  • Provide legal oversight on transactions, policies, and procedures, ensuring alignment with industry standards.
  • Manage external legal counsel and major litigation, balancing risk and cost considerations.
  • Advise on regulatory compliance, helping the organization navigate the evolving legal landscape.
  • Develop and implement legal risk management strategies to minimize financial and operational exposure.
  • Act as a key liaison with regulatory bodies and external stakeholders.

Qualifications & Experience:

  • Juris Doctor (JD) or Bachelor of Laws (LLB) with a license to practice in Canada.
  • 15+ years of legal experience, preferably in wealth management, insurance, asset management, or financial services.
  • Strong leadership capabilities, with experience managing and mentoring legal teams.
  • In-depth knowledge of corporate, securities, regulatory, and financial laws.
  • Proven ability to provide business-oriented legal solutions while balancing risk and compliance.
  • Exceptional negotiation, analytical, and problem-solving skills.
  • Strong relationship management skills, with the ability to influence senior stakeholders.

Compensation & Benefits:

  • Base salary range: $210,000 - $240,000 CAD
  • Performance-based incentives and discretionary bonuses
  • Comprehensive benefits package, including health insurance, life insurance, retirement savings plans, and tuition reimbursement
  • Opportunities for career growth and leadership developmentBMOis committed to fostering an inclusive, diverse, and equitable workplace, providing an environment where employees can thrive and make a meaningful impact.

To explore this opportunity, please reach out in confidence.