Current Opportunities

Senior Legal Counsel

Current Opportunities

Location: Ottawa
Competition #: 1282
Language Requirements: English Essential
Closing date: June 10, 2020

Our vision is to earn the trust of Canadians as a global leader in deposit insurance and resolution. At CDIC, we offer you the unique opportunity to provide financial peace of mind to Canadians in a stimulating, diverse and inclusive work environment. Let’s work together to build trusted relationships and to deliver quality service to all Canadians

The Senior Legal Counsel provides legal advice to the Corporation on matters relating to the resolution of financial institutions and the insurance and risk assessment functions of the Corporation, in the areas of legislative and regulatory policy and drafting, the legal content of all corporate communications and contract negotiations and disputes. She/he provides advice to all divisions of the Corporation and to senior levels of the Corporation.

Under the direction of the Director, Legal Services, the Senior Legal Counsel provides legal, policy and management advice to the Corporation on issues relating to deposit insurance coverage and financial institution resolution; the development of by-laws, regulations and legislation; access to information and privacy matters; contracting matters and such other matters as may be required. She/he prepares materials for the Board of Directors, Corporate Secretary and Senior Management; directs the work of administrative staff, interacts with other federal regulators, supervises the work of external counsel retained by the Corporation in her/his areas of responsibility, and responds to requests for legal information from third parties.


  • Provides legal analysis, advice, opinions and support as in-house counsel to all teams of the Corporation, and responds to third party inquiries having legal implications. This includes independent research and the provision of legal advice, memoranda and correspondence;
  • Works with all teams of the Corporation on a wide range of issues including deposit insurance coverage, premiums, resolution plans, contracts, privacy requirements, banking laws and any potential risk issues affecting CDIC’s member institutions and, where required, works on the resolution of failing financial institutions;
  • Provides legal, policy and practical input internally and to the financial safety net agencies on legislative changes, regulatory framework and policy matters. This involves representing the Corporation in meetings with external parties;
  • Manages and co-ordinates the drafting of legislation, regulations and by-laws and provides input to other divisions of CDIC, and central agencies of the government;
  • Maintains an up-to-date knowledge of all legislation affecting CDIC and provides interpretations and advice regarding legislation;
  • Provides guidance to CDIC Communications and Public Affairs on various information and compliance issues; and
  • Contributes to the administration of the Legal Department.

Qualifications and Experience

  • Member in good standing of a provincial law society or bar;
  • Minimum of 5 years’ experience working in corporate/commercial law (in private practice or as in-house counsel); and
  • Detailed knowledge of commercial transactions, preferably involving financial institutions, banking law and/or insolvency law.


  • Attention to detail and mature judgement;
  • Ability to work in stressful situations;
  • Ability to work autonomously;
  • Excellent interpersonal skills and ability to work as part of a team;
  • Excellent oral and written communications skills in English;
  • Excellent time management skills;
  • Excellent critical thinking Skills;
  • Fluency in both French and English would be an asset; and
  • Project management/planning skills would also be an asset.

Conditions of Employment/Security Clearance

Level II, Secret

Language Requirements

English Essential

Important Notes

  1. One permanent position is currently available.
  2. Due to Canadian immigration regulations, we can only consider applications from Canadian citizens or other individuals legally entitled to work in Canada and obtain necessary security clearances. Please indicate in your cover letter the reason for which you are entitled to work in Canada: Canadian citizenship, permanent resident status or work permit.
  3. CDIC is a federal agency (separate employer) and does not fall under the Public Service Employment Act.
  4. CDIC is committed to Employment Equity and encourages the equitable participation of all Canadians. If your application is retained and you require any special accommodation during the selection process, please advise us. Information received relating to accommodation measures will be addressed confidentially.
  5. If you are interested in joining a dynamic and growing team that contributes to the stability of Canada’s financial system and meet the required qualifications we invite you to forward your résumé and covering letter describing how you could contribute to our organization at Please quote competition #1282.
  6. We would like to thank all candidates who apply however, only those selected for an interview will be contacted.

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