Legal counsel (12 Months Contract)

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets.

United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress.

Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

TMX Group Limited’s Office of the General Counsel is seeking a highly qualified Legal Counsel to advise the Bourse de Montréal Inc.

MX) and Canadian Derivatives Clearing Corporation (CDCC) on legal and regulatory matters pertaining to their businesses.

Reporting to the Chief Legal Officer, MX, this position is one of five lawyers in TMX’s Montréal office and part of a high-performing legal team with additional offices in Toronto and Calgary.

This position is a one-year parental leave contract.

Key Accountabilities :

The incumbent is part of TMX’s legal team in Montreal providing the full suite of legal and business advisory services to MX and CDCC’s business lines, including a broad range of corporate and commercial matters, and liaising with various derivatives and securities regulators and stakeholders in Canada and abroad, including the Autorité des marchés financiers, the Ontario Securities Commission, the Bank of Canada, and other regulators in the United States, Europe and Asia.

More specifically, the incumbent will :

Provide legal advice with respect to the development of new derivatives and other products and services and ensuring new products comply with relevant legislation and regulatory requirements

Negotiate, draft and interpret a broad variety of commercial agreements, and advise, in coordination with other TMX lawyers, on areas that include corporate, securities, and intellectual property law

Draft trading and clearing rules, policies and procedures to support new and existing derivatives and other products and services, in close cooperation with the business groups

Support the businesses’ compliance with their regulatory obligations, including obtaining and maintaining required status as an exchange and clearinghouse in Canada and internationally

Manage various regulatory filings

Prepare documentation required for rule changes

Oversee the preparation of materials for board and committee meetings

Maintain current knowledge of Canadian and international legal developments, regulatory requirements and market standards which are relevant to MX and CDCC’s business lines

Assist with advocacy initiatives in areas of regulatory reform relevant to the business

Provide legal support to other TMX Group entities as required

The ability to rapidly develop strong relationships, to make significant contribution to a team and to effectively align a broad range of key stakeholders’ interests will be key to success in this role

Must Have (s) :

University law degree

Member in good standing of the Quebec Bar

2 to 4 years’ experience as a well-rounded corporate / commercial / securities / finance lawyer with a top tier law firm or in-house at a financial services institution or investment firm

Strong background in commercial or securities law and in dealing with securities and other regulators

Experience in drafting and negotiating commercial agreements

Fully bilingual (French-English), spoken and written (contacts and collaboration with clients and colleagues English only)

Effective team player, with a business partner approach to servicing clients

Excellent analytical skills and sound legal / business judgment

Result-oriented, client focussed and practical

Performance-driven, proactive and engaged

Outstanding professionalism, work ethic and integrity

Ability to take on responsibilities autonomously and to manage numerous priorities optimally

Thrive in constantly changing environment

Interest in derivatives, capital markets, new regulatory developments and financial innovation

Nice Have (s) :

Experience with options and / or futures, derivatives or structured finance, cross border transactions and IP will be regarded as an asset

In the market for

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth.

As well, our employee-led spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger we .

Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.

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.