Senior Legal Counsel

The AIR MILES Reward Program is one of Canada’s most recognized loyalty programs, with over 10 million active collector accounts, representing more than half of all Canadian households. AIR MILES collectors earn Reward Miles at more than 300 leading Canadian, global and online brands and at thousands of retail and service locations across the country. AIR MILES is a wholly-owned subsidiary of the Bank of Montreal (BMO). BMO is Canada’s oldest bank and the 8th largest in North America with more than 12 million customers globally.

The Senior Legal Counsel provides and manages the delivery of legal and regulatory advice on products, initiatives, strategies, policies and developments for and on behalf of Air Miles Loyalty Inc. This role provides legal advice based on knowledge of legal principals, practices and procedures, and knowledge of the financial services industry and its environment. Influences and negotiates to achieve business objectives. Works to achieve organizational goals while minimizing legal risk. Works to deliver legal advice (60%), provide legal oversight (20%) and issue management (20%).

Additional Responsibilities Include:

Delivers legal advice, instructs external counsel and ensures compliance with internal policies & procedures for a single or small number of function(s).

Acts as a subject matter expert on relevant laws, regulations and policies.

Negotiates a variety of complex commercial agreements.

Resolves daily issues and/or escalates with appropriate analysis and/or recommendations.

Identifies risks and implements appropriate actions to mitigate them.

Implements areas of improvement to ensure consistency with market place.

Builds effective relationships with internal/ external stakeholders.

Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.

May participate in the design of legal advice strategies & approaches for the unit activity and making recommendations to minimize legal issues.

Act as the prime subject matter expert for internal/external stakeholders.

Exercises judgement on complex, confidential and sensitive matters.

Identifies and resolves moderately complex issues.

Determines root causes and negotiates resolutions.

Geographic scope: Canada.

Qualifications 

  Seven + 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 the AIR MILES Rewards Program and BMO Financial Group operate.

Advanced knowledge of subject matter legal requirements and the operations of a single client group.

Multi-task effectively in a fast-paced team environment with short turnaround times.

Seasoned professional with a combination of education, experience and industry knowledge.

Analytical and problem-solving skills - In-depth / Expert.

Influence skills - In-depth / Expert.

Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.

Able to manage ambiguity.

Experience negotiating complex commercial agreements and technology agreements

Familiarity with loyalty programs and privacy laws would be a significant asset

Compensation and Benefits:

Application Deadline:

07/19/2024

Address:

250 Yonge Street

Job Family Group:

Legal

This is a hybrid opportunity

The AIR MILES Reward Program is one of Canada’s most recognized loyalty programs, with over 10 million active collector accounts, representing more than half of all Canadian households. AIR MILES collectors earn Reward Miles at more than 300 leading Canadian, global and online brands and at thousands of retail and service locations across the country. AIR MILES is a wholly-owned subsidiary of the Bank of Montreal (BMO). BMO is Canada’s oldest bank and the 8th largest in North America with more than 12 million customers globally.

The Senior Legal Counsel provides and manages the delivery of legal and regulatory advice on products, initiatives, strategies, policies and developments for and on behalf of Air Miles Loyalty Inc. This role provides legal advice based on knowledge of legal principals, practices and procedures, and knowledge of the financial services industry and its environment. Influences and negotiates to achieve business objectives. Works to achieve organizational goals while minimizing legal risk. Works to deliver legal advice (60%), provide legal oversight (20%) and issue management (20%).

Additional Responsibilities Include:

• Delivers legal advice, instructs external counsel and ensures compliance with internal policies & procedures for a single or small number of function(s).

• Acts as a subject matter expert on relevant laws, regulations and policies.

• Negotiates a variety of complex commercial agreements.

• Resolves daily issues and/or escalates with appropriate analysis and/or recommendations.

• Identifies risks and implements appropriate actions to mitigate them.

• Implements areas of improvement to ensure consistency with market place.

• Builds effective relationships with internal/ external stakeholders.

• Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.

• May participate in the design of legal advice strategies & approaches for the unit activity and making recommendations to minimize legal issues.

• Act as the prime subject matter expert for internal/external stakeholders.

• Exercises judgement on complex, confidential and sensitive matters.

• Identifies and resolves moderately complex issues.

• Determines root causes and negotiates resolutions.

• Geographic scope: Canada.

Qualifications 

•   Seven + 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 the AIR MILES Rewards Program and BMO Financial Group operate.

• Advanced knowledge of subject matter legal requirements and the operations of a single client group.

• Multi-task effectively in a fast-paced team environment with short turnaround times.

• Negotiation skills - in depth.

• Seasoned professional with a combination of education, experience and industry knowledge.

• Verbal & written communication skills - In-depth / Expert.

• Analytical and problem-solving skills - In-depth / Expert.

• Influence skills - In-depth / Expert.

• Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.

• Able to manage ambiguity.

• Data driven decision making - In-depth /

• Experience negotiating complex commercial agreements and technology agreements

• Familiarity with loyalty programs and privacy laws would be a significant asset

Compensation and Benefits:

$109,200.00 - $202,800.00

Pay Type:

Salaried

The above represents AIR MILES’ pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents AIR MILES’ expected target for the first year in this position.

AIR MILES’ total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. AIR MILES also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit:  https://jobs.bmo.com/global/en/Total-Rewards

About Us

The AIR MILES Reward Program is one of Canada’s most recognized loyalty programs, with over 10 million active collector accounts, representing more than half of all Canadian households. AIR MILES collectors earn Reward Miles at more than 300 leading Canadian, global and online brands and at thousands of retail and service locations across the country. AIR MILES is a wholly-owned subsidiary of the Bank of Montreal (BMO). BMO is Canada’s oldest bank and the 8th largest in North America with more than 12 million customers globally.

Diversity, Equity and Inclusion

AIR MILES is for everyone. We are committed to our zero barriers to inclusion strategy – supporting equity, equal access to opportunities and growth for our colleagues, customers and communities facing systemic barriers. We believe inclusion is not only a strength but a competitive advantage for AIR MILES, and we focus on building a culture of inclusion that enables us to perform, innovate and be ourselves.
If you are excited about the role, but don’t meet every single requirement outlined in the job description, we encourage you to apply anyway. You never know, you might just be the right candidate for this role, or others!

In your application, please feel free to advise if you require accommodation for the interview process. We also welcome you to note which pronouns you use. Please know interviews are conducted remotely, via phone or video call. We look forward to ‘virtually’ meeting you!

About Us

The AIR MILES Reward Program is one of Canada’s most recognized loyalty programs, with over 10 million active collector accounts, representing more than half of all Canadian households. AIR MILES collectors earn Reward Miles at more than 300 leading Canadian, global and online brands and at thousands of retail and service locations across the country. This activity powers an unmatched data asset that, along with world-class analytics and marketing capabilities, enables clients to accelerate their marketing activities and ROI. It’s the only loyalty program of its kind to give collectors the flexibility and choice to use Reward Miles on aspirational rewards such as merchandise, travel, events and attractions, or instantly on everyday essentials, in-store or online, through AIR MILES Cash at participating partner locations. AIR MILES is a wholly-owned subsidiary of the Bank of Montreal (BMO). BMO is Canada’s oldest bank and the 8th largest in North America with more than 12 million customers globally.

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