Senior Counsel - Payments

What is the opportunity?

As a Senior Counsel, you will support the goals of the Assistant General Counsel, Global Business Services and Managing Counsel, Platforms, in achieving the business/operations, strategic priorities and operational performance goals of the Law Group, in particular the performance commitments of solution-oriented advice and responsiveness. You will also provide legal services primarily to the enterprise payments team on a broad range of legal and regulatory matters relating to payment initiatives across RBC.

What will you do?

• Work collaboratively with colleagues in the Platforms legal team and act as senior legal advisor on enterprise payments initiatives across all business lines
• Provide legal advice in connection with Payments Canada’s modernization program, including the development of the new high value system (Lynx) and real-time rail (RTR) and legal framework governing these systems
• Provide advice on various matters including advice on mergers and acquisitions, new and amended product development, and related compliance and negotiation of client agreements and governance matters
• Support Open Banking advocacy and industry work
• Provide legal advice on new technologies and strategic initiatives for payments
• Advises the business on strategic initiatives in new and emerging areas that involve payments and merchant acquiring
• Identify, assess and manage legal risks in an evolving and fast-paced environment

What do you need to succeed?

Must-have

• At least 5 years of experience at a large law firm or financial institution
• Bachelor of Law Degree (Common Law or Civil) from a recognized law school
• Membership in provincial/territorial law society or bar association. Called to the Bar in any Canadian Province or Territory

• Strong business acumen and ability to analyze legal risk in the context of business realities

Nice-to-have

• Experience in advocacy efforts, working with industry groups, and providing legal services relating to the payments ecosystem in Canada
• Ability to communicate effectively and concisely with all levels of management and team members, and influence in a variety of formats and venues
• Ability to work with a high degree of autonomy and excellent legal drafting and negotiation skills

What’s in it for you?

We thrive on the challenge to be our best, on progressive thinking to keep growing, and on working together to deliver trusted advice to help our clients succeed. Working in collaborative teams, we care about each other, reaching our potential, making a difference to our communities and achieving success that is mutual.

• Become part of a dynamic, collaborative, progressive, inclusive, respectful, and high-performing team
• Sophisticated tools, including RBC software, training, and the support you need to develop your career
• Continued opportunities for attractive career advancement
• A comprehensive Total Rewards Program including pension and flexible benefits
• An excellent onboarding and ongoing training program

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Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.