Royal Bank of Canada

Senior Counsel - Credit Cards and Loyalty

Royal Bank of Canada$120K — $150K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of legal experience in regulated sectors, preferably financial institutions or law firms.
  • Juris Doctor or Bachelor of Law from an accredited law school.
  • Licensed to practice in any Canadian province or territory.
  • Demonstrated business acumen with a focus on legal risk assessment.
  • Expertise in contract drafting, negotiation, and consumer protection law.

Responsibilities

  • Deliver strategic legal guidance on credit card and loyalty program regulations.
  • Oversee legal aspects of new product development in the Cards & Loyalty sector.
  • Negotiate agreements with high-impact merchants for the RBC Avion Rewards Program.
  • Lead legal strategy for the merchant offers program, including client-facing materials.
  • Engage in advocacy and industry work to support credit card and loyalty initiatives.
  • Collaborate with cross-functional teams to drive innovative, legally-compliant solutions.
  • Monitor and advise on emerging legal and regulatory developments.

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits.
  • Opportunities for development through coaching and management.
  • Ability to make a meaningful impact within the organization.
  • Dynamic and collaborative work environment.
  • Access to world-class training in financial services.
  • Flexible work/life balance options available.
Full Job Description
Job Description

WHAT IS THE OPPORTUNITY?

As a Senior Counsel, you will support the enterprise 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 provide legal services primarily to the Cards & Loyalty business team on a broad range of legal and regulatory matters.

WHAT WILL YOU DO?
  • Deliver strategic legal advice on a broad range of complex legal and regulatory matters related to credit cards, loyalty/rewards programs and merchant partnerships (including the offers program). Align legal strategy with enterprise-wide initiatives and business objectives
  • Oversee legal input into new product development for credit cards, enhancements, and changes to client offerings.
  • Provide legal counsel on the RBC Avion Rewards Program, including the negotiation of agreements with high-impact merchant retailers and third party partnerships, and related collateral materials. Provide legal advice on innovative offerings including linked loyalty and embedded value
  • Act as senior legal advisor for the merchant offers program, directing legal strategy, negotiating commercial agreements with key merchant partners, and overseeing the development of client-facing materials and terms and conditions
  • Support advocacy and industry work relating to credit cards and loyalty
  • Collaborate with a cross-functional team including Compliance, Privacy, Risk, and other enterprise partners to enable innovative solutions while managing legal risk
  • Monitor emerging legal and regulatory developments in a dynamic and evolving environment and provide forward-looking strategic guidance to senior stakeholders to support agile business decision-making


WHAT DO YOU NEED TO SUCCEED?

Must-have:
  • At least 7 years of relevant experience at a large law firm, financial institution or other highly regulated industry
  • Bachelor of Law/Juris Doctor 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
  • Experience in drafting and negotiating contracts and providing advice in connection with consumer protection


Nice-to-have:
  • Experience in providing legal services relating to the credit card ecosystem and loyalty
  • 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
  • Ability to analyze legal risk in context of business realities


What's in it for you?

  • 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
Business Perspective, Coaching Others, Customer Service Management, Decision Making, Financial Regulation, Group Problem Solving, High Impact Communication, Legal Practices, Time Management

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-04-17

Application Deadline:

2026-07-23
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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