Royal Bank of Canada

Senior Director of External Counsel

Royal Bank of Canada$200K — $340K *
Legal & Accounting
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; advanced degrees preferred.
  • 15+ years of experience in legal operations or related fields.
  • Proven expertise in managing large-scale legal spend and law firm relationships.
  • Demonstrated leadership in building and developing high-performing teams.
  • Experience in strategic stakeholder management at senior levels.
  • Strong track record of implementing organizational transformation.
  • Knowledge of alternative fee arrangements and pricing innovation in legal services.

Responsibilities

  • Lead and innovate the external counsel management program across RBC.
  • Design financial governance frameworks for law firm spend optimization.
  • Manage and enhance law firm relationships through strategic collaboration.
  • Establish and audit documentation standards for external counsel engagements.
  • Implement risk management frameworks for external counsel oversight.
  • Mentor and develop a high-performing team focused on operational excellence.
  • Drive initiatives using legal technology and data analytics for improved reporting.

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits.
  • Supportive leadership focused on professional development and growth.
  • Opportunities to make a meaningful impact within the organization.
  • Dynamic work environment with collaboration across teams.
  • World-class training in financial services.
  • Flexible work/life balance options.
Full Job Description
Job Description

WHAT IS THE OPPORTUNITY?

The Senior Director of External Counsel Management will lead RBC's enterprise-wide external counsel management program. This senior role will drive organizational transformation of how RBC manages external legal resources, to further position external law firms as strategic partners that deliver measurable business value while maintaining rigorous risk and financial discipline.

The Senior Director will lead a high-performing team and serve as the owner of RBC's external counsel strategy across four interconnected pillars: financial governance, relationship management, documentation standards, and enterprise risk management. This role will report to the VP of the Chief Legal & Administrative Officer (CLAO) Group Shared Services & Enterprise Legal Advisory, and will provide governance oversight to ensure external legal spend and law firm relationships are fully optimized, transparent, and aligned with the bank's enterprise risk framework and strategic objectives.

WHAT DO YOU NEED TO SUCCEED?

1. Enterprise Financial Governance & Strategic Sourcing
  • Design and oversee sophisticated financial governance frameworks for global law firm spend, including rate structures, alternative fee arrangements (AFAs), performance-based models, and competitive procurement strategies
  • Establish enterprise-wide spend analytics and business intelligence capabilities to drive cost optimization and value realization
  • Work alongside procurement team to lead strategic negotiations with major law firms on pricing, capacity planning, and service-level agreements
  • Partner with other functional partners to influence forecasting methodologies, executive reporting, and ROI measurement for external legal spend
  • Champion continuous innovation in pricing discipline, value-based engagement models, and legal service delivery optimization

2. Strategic Relationship & Portfolio Management
  • Own the enterprise law firm relationship strategy in close collaboration with the Global Head of Litigation and Chief Operating Officer for Law Group, as well as the VP, CLAO Group Shared Services & Enterprise Legal Advisory, and other senior leadership
  • Establish governance frameworks for law firm performance measurement, including balanced scorecards, KPIs, benchmarking, qualitative evaluations and strategic reviews
  • Lead law firm panel optimization, succession planning, and strategic partnerships
  • Manage escalation processes for complex operational or relationship issues

3. Documentation, Standards & Governance
  • Establish and maintain comprehensive governance documentation for external counsel engagements, including external counsel manuals, engagement letter frameworks, billing protocols, and compliance requirements
  • Ensure global consistency and alignment with regulatory expectations, internal policies, and operational best practices
  • Drive adoption of standards across the organization and serve as the subject matter expert for external counsel governance matters
  • Periodically audit and refresh documentation to reflect evolving regulatory requirements and market practices

4. Enterprise Risk Management & Compliance Oversight
  • Lead the third-party risk management program for external counsel, to establish risk assessment frameworks and ongoing monitoring mechanisms
  • Identify, assess, and mitigate operational, compliance, and reputational risks associated with global external counsel management
  • Ensure alignment with enterprise risk management expectations and emerging regulatory trends affecting legal service delivery

5. Leadership & Organizational Development
  • Lead, mentor, and strategically develop a team, fostering a culture of operational excellence and continuous improvement
  • Drive initiatives that enhance scalability, consistency, transparency, and maturity across the external counsel lifecycle
  • Employ legal technology solutions, data analytics, and automation to enhance reporting, controls, risk visibility, and decision-making
  • Serve as a thought leader within the organization on legal operations and external counsel management best practices


WHAT DO YOU NEED TO SUCCEED?

Must have:
  • Bachelor's degree in any field
  • 15+ years of progressively senior experience in legal operations, external counsel management, procurement, enterprise risk management, or a related field
  • Demonstrated experience managing law firm relationships and enterprise-level legal spend at significant scale
  • Proven leadership experience, including building, mentoring, and developing high-performing teams
  • Strategic stakeholder management experience at senior organizational levels (C-suite, Board, or equivalent)
  • Strong track record of driving organizational transformation and implementing large-scale process improvements
  • In-depth knowledge of alternative fee arrangements, legal service delivery models, and pricing innovation
  • Deep understanding of financial governance, enterprise risk management, and third-party oversight in regulated environments

Nice to have:
  • JD, LLB, MBA, or equivalent advanced degree
  • Extensive experience within a financial institution or other highly regulated environment (banking, insurance, asset management)
  • Proven experience leading global, multi-jurisdictional law firm programs across multiple time zones and legal systems
  • Advanced expertise in enterprise risk management and compliance frameworks
  • Demonstrated success implementing legal spend management platforms, matter management systems, and analytics capabilities


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


The expected salary range for this particular position is $200,000 - $340,000 depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
  • Drives RBC's high-performance culture
  • Enables collective achievement of our strategic goals
  • Generates sustainable shareholder returns and above market shareholder value


Job Skills

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-21

Application Deadline:

2026-09-21
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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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