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Legal Counsel

Legal Counsel

CompanyBank of Montreal
LocationChicago, IL, USA
Salary$94300 – $174900
TypeFull-Time
DegreesJD
Experience LevelMid Level, Senior

Requirements

  • Less than 7 years of legal practice or an equivalent combination of education and experience.
  • Degree in law (LLB or JD) and license to practice law in relevant jurisdiction.
  • Private practice, in-house experience or experience at regulatory body relating to the regulation of business/group activities may be required.
  • Knowledge in legal field, typically with a functional or business line specialization.
  • Knowledge of business and regulatory environment in which BMO Financial Group operates.
  • Proficient knowledge of subject matter legal requirements and the operations of a single client group.
  • Negotiation skills – in depth.
  • Deep knowledge and technical proficiency gained through extensive education and business experience.
  • Verbal & written communication skills – In-depth.
  • Collaboration & team skills – In-depth.
  • Analytical and problem solving skills – In-depth.
  • Influence skills – In-depth.
  • Data driven decision making – In-depth.

Responsibilities

  • Providing and managing the delivery of legal and regulatory advice on products, initiatives, strategies, policies and developments for and on behalf of BMO Financial Group.
  • Recommending and implementing solutions based on analysis of issues and implications for the business.
  • Identifying emerging issues and trends to inform decision-making.
  • Exercising judgement on moderate to complex decisions falling within standard policies and regulatory requirements.
  • Identifying and resolving routine issues.
  • Determining courses of action within procedural and policy guidelines & standards.
  • Delivering legal advice, instructing external counsel and ensuring compliance with internal policies & procedures for a single or small number of function(s).
  • Acting as a subject matter expert on relevant laws, regulations and policies.
  • Resolving daily issues and/or escalating with appropriate analysis and/or recommendations.
  • Identifying risks and implementing appropriate actions to mitigate them.
  • Implementing areas of improvement to ensure consistency with market place.
  • Building effective relationships with internal/ external stakeholders.
  • Providing specialized consulting, analytical and technical support.
  • Exercising judgment to identify, diagnose, and solve problems within given rules.
  • Working independently and regularly handling non-routine situations.

Preferred Qualifications

    No preferred qualifications provided.