Job Title or Location

Lawyer, Compliance

Firefly Transformation Solutions
Toronto, ON
Posted today
Job Details:
Full-time
Experienced

About the Role

This is a fantastic opportunity to get in on the ground floor of a really dynamic international insurance company expanding their business in Canada and North America.

The ideal candidate will have a demonstrated interest in corporate affairs, corporate law, and insurance law with strong organizational skills and a willingness to engage in detail-oriented work with Canadian and international scope. The candidate will work closely with various business areas and stakeholders in Canada and abroad. The office is based in Toronto and the working environment is a hybrid one. Experience drafting contracts and other legal documents is required.

Experience within Insurance is also Required.

Responsibilities:

  • Ensure that all key corporate governance activities are properly managed by:
  • Assisting in the drafting of contracts and other legal documents
  • Coordinating key governance reporting to senior management;
  • Liaising with legal teams in subsidiaries in all countries
  • Devising, effectuating, improving, and updating processes, procedures, and methods are designed, built and implemented to ensure the above activities are properly performed and documented.
  • Assist with marketing materials review
  • Assist with insurance operations review
  • Continuously monitor legislative developments
  • Conduct legal research and analysis of routine legal matters, including issues specific to marketing/advertising as it applies to the travel insurance and assistance services businesses.
  • Manage the Non-Disclosure Agreement process on behalf of the Legal team.
  • Draft and prepare legal documents, including legal memoranda, agency/partner and service contracts to support the work of various departments.
  • Research, write, edit and/or enforce corporate policies and procedures in conjunction with the Legal Department and Executive Leadership.
  • Prepare legal opinions on the impact of relevant current and proposed legislation and/or regulatory changes.
  • Ensure that confidentiality of the Legal Department is maintained at all times.
  • Support the General Counsel and the legal function in driving the implementation and maintenance of a process and tool for achieving key group contractual relationships.

Compliance Activities:

  • Assist the Director of Compliance as needed
  • Provide assistance to various business units with 1st line of defense Compliance activities:
  • Risk Assessment and Monitoring: assist with oversight and handling of compliance risks
  • Compliance Reviews and Controls: assist with assessing controls aimed at mitigating most relevant compliance risks. Collaborate with other control functions.
  • Compliance Investigations: Work with relevant business units to ensure prompt investigation and resolution of identified issues.
  • Regulatory Watch: Stay up-to-date with provincial/territorial and federal insurance laws, as well as industry-specific regulations. Interpret and communicate the impact of these regulations on the company's operations to relevant stakeholders.
  • Internal Regulations: Ensure compliance with internal regulations.
  • Training and Education: Assist with training.
  • Compliance Reporting: Communicate findings and recommendations effectively to drive continuous improvement.
  • Ethics Oversight: Promote a culture of ethics and integrity throughout the organization. Implement and oversee a robust code of conduct and ethics policy.
  • Areas of oversight: Ensure compliance with an array of topics, such as, but not limited to:
  • Distribution compliance
  • Anti-money laundering
  • Data protection and privacy laws.

Qualifications:

  • Member in good standing of a provincial/territorial law society
  • 2 to 5 years legal experience, within the insurance industry;
  • Comprehensive knowledge of Canadian business and contract law
  • Strong experience drafting and negotiating complex commercial agreements
  • Great organizational and project management skills with an ability to multi-task, prioritize and organize time effectively in a fast-paced environment with changing deadlines for both daily business requirements and more complex tasks and projects;
  • High degree of confidentiality and integrity;
  • Able to work in an international, dynamic, fast-paced and project-based business environment.
  • Excellent social and interpersonal skills and demonstrated ability to interact with culturally diverse staff.
  • Fluent in English. French would be a great asset.
  • Knowledge of Quebec civil law is highly desirable.
  • Travel industry experience is highly desirable but not necessary

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