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Job Description
What is the opportunity?
As a Senior Counsel, you will be a key member of the Global Procurement Legal Team. You will provide advice and guidance to Royal Bank of Canada and its global subsidiaries with respect to third party transactions, with an emphasis on technology and other intellectual property licensing transactions. You will also provide advice to business and functional partners on contract interpretation, legal risks and mitigation strategies associated with third party transactions.
Working arrangement: In office a minimum of three days per week.
What will you do?
- Advise RBC and its subsidiaries with respect to structuring and documenting complex third party transactions involving technology and non-technology products, intellectual property licensing, information systems and services (including software, SaaS and data license agreements, cloud services, professional services, outsourcing arrangements, telecom arrangements, subscription and market data service agreements, etc.);
- Provide efficient, and timely advice and assistance to business and functional partners involving complex third party transactions and contracts (i.e. structuring; strategy; contract negotiation, drafting and management, contract interpretation, etc.);
- Advise business and functional units on contract interpretation, legal risks and mitigation strategies associated with third party contracts, and general supplier engagement and relationship issues, among other issues;
- Partner with RBC's centers of governance (e.g., Privacy; Intellectual Property; Information Technology Risk; Tax) to develop and update RBC's requirements for third parties and third party contracts, ensuring such requirements are consistent with applicable laws, regulations and regulatory guidance and aligned with market standards and best practices;
- Provide legal expertise on transactional law (e.g., privacy, intellectual property, cybersecurity and data protection, consumer protection); stay abreast of applicable third party and transactional laws, regulations and guidance; and provide training to business and functional partners as needed;
- Perform legal research and draft memoranda of law, as required;
- Assist in the development and ongoing refinement of RBC's third party templates; and
- Perform/assist on special projects as needed.
What do you need to succeed?
Must-have
- Law degree (LLB or JD) from a recognized law school; admitted to practice law in the US;
- 5+ years' experience in corporate commercial contract drafting and negotiating at a top tier law firm or major corporation;
- Strong foundational knowledge of substantive third party commercial laws and terms (e.g., confidentiality; indemnities; limitations of liability; intellectual property) and financial services laws as they relate to third parties (e.g., privacy/cybersecurity, anti-money laundering, consumer banking); and
- Ability to analyze legal risk in context of business realities
Nice-to-have
- In-house experience at a large, multi-national bank or diversified financial institution;
- Strong communication skills (written and verbal) and ability to 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; and
- Continuous improvement mindset
What's in it for you?
We thrive on the challenge to be our best, progressively thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference in our communities, and achieving success that is mutual. We offer:
- Leaders who support your development through coaching and managing opportunities
- Work in an inclusive, dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
The good-faith expected salary range for the above position is $150,000-$225,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
Drives RBC's high performance culture
Enables collective achievement of our strategic goals
Generates sustainable shareholder returns and above market shareholder value
Job Skills
Business Perspective, Coaching Others, Customer Service Management, Decision Making, Financial Regulation, High Impact Communication, Legal Practices, Problem Solving, Time ManagementAdditional Job Details
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Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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