What is the opportunity?

As Counsel, you will be a key member of RBC's Procurement Legal Team. You will work closely with other members of the team as well as our procurement partners. You will provide advice and guidance to Royal Bank of Canada and its subsidiaries with respect to third party transactions, with an emphasis on technology, SaaS and other related 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.

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);

• Provide strategic legal advice and assistance to business and functional partners involving third party transactions and contracts (i.e. structuring; strategy; contract negotiation, drafting and management, contract interpretation)

• 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;

• Provide training and guidance to business and functional partners on legal templates and issues;

• 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;

• 3+ 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, sound judgement and interpersonal skills

Nice-to-have

• In-house experience at a large, multi-national bank or diversified financial institution;

• Familiarity with Canadian and/or US regulations and guidance for financial institutions engagements with third party service providers;

• 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, progressive 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 to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• A world-class training program in financial services

• Flexible work/life balance options

• Opportunities to do challenging work

Job Skills

Additional Job Details

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.