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Sr. Legal Counsel – Personal Banking


This is a Contract position in Toronto, ON posted April 27, 2021.

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions so you feel empowered at work. Our team members have what they need to make a meaningful impact and feel truly valued for who they are and what they contribute.

To learn more about CIBC, please visit

Job Description

What You’ll Be Doing

With about 50 lawyers working from Toronto, Montreal, New York, London and Hong Kong, CIBC Legal manages legal outcomes by providing a full range of legal and transactional support services to CIBC’s businesses worldwide.

As the Senior Legal Counsel, Personal Banking you’ll be providing legal services and advice in relation to Retail Cards products, payments, and innovation. Using strong independent judgment, broad-based legal knowledge, and a high level of professionalism, you’ll proactively work with our lines of business and functional areas, to execute on the business priorities of the Cards business including negotiations with third parties, the preparation of client facing materials and reviewing and advising on regulatory developments and requirements while mitigating potential legal risks.

You’ll be reporting to the VP, Personal Banking and provide excellent quality legal advice. You should be able to demonstrate strong drafting skills and advocacy capabilities, advise on data related issues, develop a point of view on emerging issues and trends impacting banking and possess strong team oriented leadership and organizational skills.

How You’ll Succeed

  • Legal Advice – Provide proactive, responsive and sound legal advice to designated lines of business to assist with the mitigation of legal and regulatory. Engage in negotiating, drafting and advising in respect of commercial contracts in support of Cards including with networks, suppliers and partners.

  • Research – Conduct research on legal issues and prepare opinions for review with the Manager, as applicable, and present such opinions to the designated lines of business. Review policies and procedures, as and when required, to ensure compliance with applicable legal requirements, mitigate reputational risk and reduce exposure to legal liability.

  • Relationship Building – Participate, as a team member, in various projects relating to product and service development by providing legal and regulatory advice, identifying potential legal risks, and assisting with the development of risk mitigation strategies. Develop and sustain good working relationships with designated lines of business by facilitating open communication and becoming familiar with the designated lines of business.

Who You Are

  • You can demonstrate experience in corporate or commercial law including significant experience gained from the Financial Industry or a top tier law firm. It’s an asset if you have experience with the Bank Act and with Retail Credit Card products.

  • You’re a certified professional. You have current accreditation and good standing in Successful Candidate must have been called to the Bar in Ontario..

  • You give meaning to data. You enjoy investigating complex problems, and making sense of information. You’re confident in your ability to communicate detailed information in an impactful way.

  • You’re driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact.

  • You look beyond the moment. You make decisions and take actions that will make a difference today and tomorrow. You proactively seek new opportunities to define what’s possible.

  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

What CIBC Offers

At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client, and to do it well. As part of our team, you will:

  • Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home

  • Connect: Work in a place where the right technology and infrastructure fosters innovation, collaboration and creativity

  • Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities and individual development planning

  • Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan

What You Need to Know

  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation during the application or interview process, please contact
  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit

Job Location

Toronto-CC West 11th Floor

Employment Type


Weekly Hours