Equitable Bank

Banking

SeniorCounsel,CommercialBanking

Toronto, Ontario, Canada FULL TIME Remote Friendly
The Brief

“Senior Counsel, Commercial Banking at Equitable Bank. Skills: Commercial banking, Real estate lending, Legal analysis, Transactional support, Commercial real estate law, Real estate financing. Provide strategic legal support primarily to the Commercial Banking division. Advising on a broad range of legal matters including commercial lending transactions, regulatory compliance and risk management, new product development and corporate initiatives, and assisting with customer issues”

What You'll Achieve.

Help preserve the Bank’s reputation for integrity; Support policies and procedures that meet regulatory requirements; Maintain cooperative relationships with governmental policymakers, and regulatory and self-regulatory agencies that govern the Bank’s businesses; Ensure the Bank’s interests are protected; Facilitate transactions within predetermined timeframes; Promote legal awareness, risk mitigation and a culture of compliance; Ensure compliance with applicable laws; Evaluate implications for the Bank; Evaluate the legal risks to the Bank for escalation to management as necessary; Streamline internal processes and minimize reliance on external counsel; Ensure cost-effectiveness and high-quality service

Industry & Context.

Banking
Problems you'll solve

Identifying and managing complex legal issues; Analytical skills; Strategic thinker

Eligibility Requirements

Successfully pass a criminal background check and credit check to qualify for hire

What They're Looking For.

Must Have

Graduate of a recognized law school (L. L. B. or J. D.), Called to the Ontario Bar/Member in good standing of the Law Society of Ontario, 4-6 years of post-call experience in private practice or in-house, preferably in a financial institution with a focus on commercial banking or financial services, Knowledge of Canadian banking laws, lending practices, and regulatory frameworks, Comprehensive knowledge of commercial real estate law and real estate financing, Excellent drafting, negotiation, and analytical skills, Communication skills, both oral and written, and ability to distill complex legal issues into clear, actionable advice, Proven ability to manage multiple priorities in a fast-paced, dynamic environment, Strategic thinker, collaborative and proactive mindset, and excellent interpersonal skills, Demonstrated reliability and integrity

Nice to Have

Experience with CMHC insured loan transactions would be an asset, Familiarity with insolvency law and proceedings would be an asset, Proficiency in French would be an asset

What You'll Do.

Provide strategic legal support primarily to the Commercial Banking division

Advising on a broad range of legal matters including commercial lending transactions

regulatory compliance and risk management

new product development and corporate initiatives

and assisting with customer issues

Preserve the Bank’s reputation for integrity

Support policies and procedures that meet regulatory requirements

Maintain cooperative relationships with governmental policymakers

and regulatory and self-regulatory agencies that govern the Bank’s businesses

Provide legal analysis and transactional support

preparation and negotiation of agreements and documentation

and providing advice on complex issues with an emphasis on commercial real estate and secured lending

Provide advice on deal structuring

intercreditor arrangements

taking effective security

and ensuring the Bank’s interests are protected

Provide timely and accurate responses to questions from internal stakeholders and business partners to facilitate transactions within predetermined timeframes

Assist with internal governance

and training initiatives to promote legal awareness

risk mitigation and a culture of compliance

Support new product development and strategic initiatives by identifying legal implications and ensuring compliance with applicable laws

Research substantial legal issues and federal and provincial legislation to evaluate implications for the Bank

and undertake special projects as required

Proactively identify emerging issues and legal trends

and evaluate the legal risks to the Bank for escalation to management as necessary

Maintain proximity to applicable industry and market trends in Canadian finance

commercial real estate and project development

and participate in industry groups

detail-oriented environment and manage multiple deadlines and priorities

Contribute to the development of precedents

playbooks and best practices for business initiatives to streamline internal processes and minimize reliance on external counsel

Direct and oversee external counsel to ensure cost-effectiveness and high-quality service

How You'll Work.

Team & Collaboration

Partnering with cross-functional teams and business units; Working closely with the Bank’s Originations, Credit and Underwriting, Portfolio Management and Special Loans (Defaults) teams; Provide timely and accurate responses to questions from internal stakeholders and business partners; Work with the Bank’s stakeholders to support policies and procedures that meet regulatory requirements; Maintain cooperative relationships with governmental policymakers, and regulatory and self-regulatory agencies that govern the Bank’s businesses

Communication Scope

Communication skills, both oral and written, and ability to distill complex legal issues into clear, actionable advice

Process & Methodology

Manage multiple deadlines and priorities

Free ATS check

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