We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

What you’ll be doing

The Senior Counsel, Bank Act and Trust and Loan Companies Act role at CIBC will provide strategic advice and analysis relating to the Bank Act, the Trust and Loan Companies Act, and related financial sector statutes along with the associated regulations and guidance applicable to CIBC and its global business. This role offers an exciting opportunity to work on a diverse range of legal issues and regulatory matters that are central to CIBC's strategy and operations, including our advocacy and representation in industry consultations; the development of new products and initiatives; the assessment of permissible activities, investments and transactions; and our participation in debt and equity financings. You will also advise on regulatory compliance and capital requirements.

Utilizing strong independent judgment, broad-based legal knowledge, and a high level of professionalism, you will proactively collaborate with counsel across the CIBC Legal Department to translate legal and regulatory requirements and expectations into actionable business requirements to meet CIBC’s objectives while reducing risk.  In doing so, you will be a key advisor to CIBC's business and infrastructure partners, including CIBC's executive and senior leadership. This role reports to the Vice President & Associate General Counsel, Personal Banking.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How you’ll succeed

Legal advice & counsel – Engage in negotiating, drafting and advising in respect of commercial contracts, financings and other transactions in regards to the Bank Act and related financial sector statutes and regulators' guidance. Provide proactive, responsive legal advice grounded in the Bank Act and related statutes   and associated guidance primarily to CIBC’s business to assist with the identification and mitigation of legal, regulatory and reputational risk in both end to end projects as well as on unique situations. You will keep apprised of developments in Bank Act and related statutes and regulations, case law and regulatory guidance as well as take a lead role in the identification and assessment of any impacts such developments may have on CIBC including working with industry associations as appropriate. You will identify frameworks for analysis, work closely with CIBC’s Treasury and transactions businesses to provided support and advice including drafting contracts, advice in regards to financing and cross boarder issues; collaborate on regulatory developments and proactively resolve legal issues that may have significant organizational implications and prepare practical recommendations to assist CIBC in addressing the identified issues. Relationship management – Manage partnerships and relationships across CIBC by integrating into the business, facilitating open communication, maintaining and improving levels of internal business partner satisfaction, anticipating business needs and proactively offering legal advice including delivering training.Team engagement - Work collaboratively in a large legal team setting with other lawyers and CIBC Legal Department leaders, act as a team and operate in a managed matrix which is a hallmark of CIBC Legal Department’s strength in the market.

Who You Are

You can demonstrate experience in and have a proven track record of providing excellent legal judgement and deliver legal advice in regards to the Bank Act and related statutes in transactions, cross-border issues, financings, contract drafting and negotiations, complex issues and mitigating legal and reputational risk. You have significant relevant experience gained at a bank or trust company, a similar large organization or a top tier law firm with deep expertise and familiarity with the Bank Act, the Trust and Loan Companies Act and regulators' guidance regarding same.

You’re a certified professional. The Successful Candidate must have been called to the Bar in Ontario and be a member in good standing.

You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

#LI-TA

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com

You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

Toronto-81 Bay, 20th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Business Transactions, Contract Negotiations, Critical Thinking, Decision Making, Ensure Compliance, Legal Consulting, Legal Issues, Litigation, Strategic Advice