Legal Counsel

at  Financial Services Regulatory Authority of Ontario FSRA

At FSRA, our vision is to ensure financial safety, fairness, and choice for Ontarians. As a financial services regulator, we’re passionate about protecting consumers. Our principles-based approach means we can quickly and effectively respond to the changing needs of consumers and the industry.
Our team combines industry expertise with commitment to public service. We attract individuals who are interested in meaningful work and who measure success through outcomes, not inputs.
At FSRA, we invest in the personal and professional growth of our team. We offer a competitive compensation package that includes an employer-matched
defined benefit pension plan
, comprehensive and competitive benefits plan, a hybrid work model and flexible work arrangements. We prioritise learning and development, wellbeing, diversity, equity, inclusion and belonging, and community giving.
Join FSRA and help us shape the future of regulation for generations to come!
Job Description:
1-Year Fixed Term Position
Purpose of Position:
Accountable to provide litigation services and legal counsel as a member of the Legal Licensing Action Team which supports the FSRA Market Conduct/Compliance teams.

Key Responsibilities:

• Provides legal advice and assumes carriage of litigation matters for the enforcement of FSRA’s regulatory framework and to ensure high standards of business and market conduct in financial services sectors regulated by FSRA.
• Works closely with Market Conduct/compliance, Communications and Supervision teams to provide legal counsel and advice In the Licensing and Compliance strategies. Has ongoing carriage of licensing and compliance matters and litigates those matters before the Financial Services Tribunal.
• Undertakes legal research and analysis on a variety of complex legal matters involving the regulation of financial services in Ontario.
• Handles all phases of litigation including representing FSRA with opposing counsel and third parties, tribunal and court hearings; attending pre-hearing conferences and negotiating settlements where appropriate.
• Provides legal guidance and drafts legal opinions on matters in litigation and makes recommendations with respect to future handling and resolution.
• Participates on a joint Legal and Market Conduct team responsible for licensing and compliance matters before the Financial Services Tribunal That involve collaboration with Internal and external stakeholders, including other regulators.
• Develops a range of legal products including pleadings, motions, briefs, and other legal documents; ensuring adherence to quality assurance standards and legal/office policies and procedures.
• Drafts and/or provides input to the drafting of presentations for consideration of various executive and other committees for FSRA.
• Participates on FSRA project teams and committees to provide legal advice and support.

Education and Experience:

• Law degree from a recognized law school and member in good standing in the Law Society of Ontario.
• 0-3 years call to Bar

Knowledge and Skills:

• Understanding and legal training in litigation as it pertains to FSRA’s regulated sectors.
• Strong interpersonal skills and ability to build collaborative relationships with internal clients and the Market Conduct and Forensic Analysis and Investigations functions.
• Excellent written and verbal communication skills.
• Ability to thoroughly evaluate alternatives, innovate problem resolution, employ a pro-active approach, and take initiative to resolve problems.
• Ability to think and act independently and attentive to detail.
• Ability to manage and adapt to changing priorities.
• Ability to quickly grasp complex regulatory legal issues

Job Posting End Date:
08/18/2024
Job postings close at 11:59pm on the date noted.
Employment Type:
Fixed Term (Fixed Term)
Scheduled Weekly Hours:
36.25
FSRA is committed to ensuring equity in employment. Our goal is to create a diverse, inclusive workforce that reflects the communities we serve and to ensure our services and communications are accessible to all individuals. Accommodation is available under the Ontario Human Rights Code.

• Provides legal advice and assumes carriage of litigation matters for the enforcement of FSRA’s regulatory framework and to ensure high standards of business and market conduct in financial services sectors regulated by FSRA.
• Works closely with Market Conduct/compliance, Communications and Supervision teams to provide legal counsel and advice In the Licensing and Compliance strategies. Has ongoing carriage of licensing and compliance matters and litigates those matters before the Financial Services Tribunal.
• Undertakes legal research and analysis on a variety of complex legal matters involving the regulation of financial services in Ontario.
• Handles all phases of litigation including representing FSRA with opposing counsel and third parties, tribunal and court hearings; attending pre-hearing conferences and negotiating settlements where appropriate.
• Provides legal guidance and drafts legal opinions on matters in litigation and makes recommendations with respect to future handling and resolution.
• Participates on a joint Legal and Market Conduct team responsible for licensing and compliance matters before the Financial Services Tribunal That involve collaboration with Internal and external stakeholders, including other regulators.
• Develops a range of legal products including pleadings, motions, briefs, and other legal documents; ensuring adherence to quality assurance standards and legal/office policies and procedures.
• Drafts and/or provides input to the drafting of presentations for consideration of various executive and other committees for FSRA.
• Participates on FSRA project teams and committees to provide legal advice and support