Managing Counsel - Procurement Legal Team (Toronto)
0000050007 Royal Bank of Canada
Overview
As Managing Counsel, you will lead a team of lawyers as a senior member of RBC’s Procurement Legal Team with a focus on high‑risk third‑party procurement transactions, emphasizing SaaS, AI, professional services and consulting arrangements.
Responsibilities
- Lead and mentor a group of senior and junior lawyers.
- Provide strategic legal advice to RBC’s global procurement team and business partners on contract interpretation, supplier disputes, legal risks and mitigation strategies associated with third‑party contracts.
- Lead negotiations of complex third‑party transactions involving technology and non‑technology products, intellectual property licensing, information systems and services (including software, SaaS, AI and data license agreements, professional services, outsourcing arrangements, subscription).
- Collaborate with cross‑functional partners such as Third Party Risk, Tax, Model Risk and Privacy to develop templates and procedures.
- Stay abreast of applicable third‑party and transactional laws, regulations and guidance, and provide training to business and functional partners as needed.
Qualifications
- Must‑have law degree (LLB or JD) from a recognized law school.
- Valid license to practice law in the jurisdiction where you will work.
- 10+ years experience in corporate commercial contract drafting and negotiating at a top‑tier law firm or major corporation.
- Demonstrated experience drafting, reviewing and negotiating complex commercial agreements.
- Robust communication skills (written and verbal) and ability to interact with executive leadership and build relationships across multiple areas of the business.
- Ability to work with a high degree of autonomy, handle large volumes of work and balance competing demands.
- Ability to assess legal risk, identify mitigating strategies, and interpret those for distribution to business clients.
Nice‑to‑Have
- In‑house experience at a large, multi‑national bank or diversified financial institution or experience representing such institutions as external counsel.
- Experience leading a legal team.
- Understanding of regulations applicable to financial institutions as they relate to third‑party engagements (e.g., privacy/cybersecurity, anti‑money laundering, consumer banking).
Benefits
A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable; leaders who support your development through coaching and managing opportunities; ability to make a difference and lasting impact; work in a dynamic, collaborative, progressive, and high‑performing team; a world‑class training program in financial services; flexible work/life balance options; opportunities to do challenging work.
Location
Royal Bank Plaza, 200 Bay St, Toronto, Canada.
Employment Type
Full time, 37.5 hours per week.
#J-18808-LjbffrVacancy posted 4 hours ago
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