November 4, 2020
The Investment Industry Regulatory Organization of Canada is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. IIROC sets high-quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets.
The Vice President, General Counsel & Corporate Secretary is a member of the Executive Management Team at IIROC, reporting to the President & Chief Executive Officer and serves as the principal legal advisor to the organization and its Board of Directors. The individual advises IIROC’s executive, senior management and the Board on various legal, regulatory, governance and strategic matters impacting the organization.
The individual manages IIROC’s legal department, which is responsible for providing legal advice and guidance on a variety of issues including matters of employment, privacy law, contract, litigation and corporate governance.
The individual also oversees the delivery of critical regulatory functions, including IIROC’s disciplinary hearings and membership process.
- Ability to demonstrate critical thinking and contribute strategic insights as part of the Executive Management Team
- Ability to establish peer-level credibility and maintain strong relationships with a wide range of audiences, including the Board of Directors, statutory regulators, governments and IIROC Members
- Advanced knowledge of the Canadian securities regulatory framework including securities legislation and particularly IIROC’s role and mandate
- Solid understanding of corporate and board governance
- Knowledge of a variety of legal disciplines including employment, privacy, contract, and corporate law
- Experience relevant to leading the legal aspects of IIROC’s response to the current CSA consultation on the SRO framework
- Proven ability to exercise sound judgment from both a legal and business perspective
- Creative problem solver
- Demonstrates exceptionally high integrity and discretion
- Strong managerial skills to oversee a group of legal professionals
- Passion for developing talent within the department
- Strong communication and interpersonal skills
- Provide legal advice on operational, transactional and regulatory issues to the CEO, Board of Directors, management and staff of IIROC
- Provide governance advice to the Board of Directors
- Act as key liaison with the various provincial securities regulators and the Canadian Securities Administrators Oversight Committee
- Oversee the administration of IIROC’s independent Hearing Panels
- Ensure IIROC’s compliance with applicable regulatory and legal requirements including its obligations under the Recognition Orders from the various provincial securities commissions
- Oversee the organization’s Corporate Compliance program including ensuring adherence to the Code of Conduct and other relevant policies and procedures
- Ensure that all contracting meets or exceeds policy requirements and achieves IIROC’s objectives
- Ensure all organizational policies and procedures are compliant with applicable legislative requirements
- Oversee the gatekeeping process for admitting new Dealer Members and Marketplace Members
- Oversee the development, approval and implementation of proposals for the use of IIROC’s Restricted Funds
- Oversee the management of outside counsel.
- Ensure that the legal department achieves its objectives through the effective management and development of department staff
- Ensure that IIROC’s high standards for the collection, use and protection of personal information are maintained
- Law Degree and at least 10 years’ experience in a private practice, in-house or regulatory position
- A member in good standing with a Law Society of a Canadian provincial or territorial jurisdiction
- Experience managing a department of legal professionals
While we appreciate all applicants, only those who most closely match the position requirements will be contacted for interview.