Business Unit
Regular, Full time
Closing Date: November 2, 2026
The
Corporate Finance Department is a regulatory department responsible for oversight of issuers (other than investment funds) in the public and exempt markets. The department reviews public distributions of securities, exempt market activities and continuous disclosure of reporting issuers, and leads issuer-related policy initiatives. The department is also responsible for supervising insider reporting, regulating designated rating organizations, oversight of benchmarks and benchmark administrators and overseeing the listed issuer function for OSC recognized exchanges.
As a
Senior Legal Counsel, you will work on a multi-disciplinary team and will be given opportunities to:
- Review prospectus offerings, exempt market activities, and continuous disclosure filings by public issuers;
- Consider applications for discretionary relief from securities legislation;
- Consult and engage with issuers, their advisors and other market participants;
- Lead the development of significant policy initiatives that impact issuers at both the Ontario and national levels; and
- Provide advice and recommendations regarding complex and novel products and issues.
Responsibilities:
- Conduct analysis and provide strategic legal advice and subject matter expertise on securities law, capital markets regulation, prospectus offerings, exemptive relief applications, exempt market regulation and a range of emerging regulatory issues.
- Independently assess complex prospectus filings and novel products, resolve novel legal and policy issues, and make recommendations on whether regulatory approvals meet the applicable legislative test.
- Lead exemptive relief applications, negotiate outcomes with Canadian Securities Administrators (CSA) counterparts and market participants, and develop recommendations on complex policy matters.
- Lead complex and high-impact policy, regulatory, and legislative initiatives, including drafting securities law instruments and collaborating with CSA, government, and industry stakeholders.
- Represent the OSC on CSA and industry committees, contributing to regulatory policy development and identifying solutions to evolving market and regulatory challenges.
- Serve as a key point of contact for internal and external stakeholders, providing guidance on securities law interpretation, transaction structures, and regulatory requirements.
- Build consensus and negotiate effectively with regulators, issuers, advisors, and industry participants to address complex legal, policy, and market issues.
- Monitor market developments and emerging trends, assessing regulatory implications and recommending innovative, practical solutions that support investor protection and efficient capital markets.
Qualifications:
We are looking for candidates with inquiring minds and a passion for the capital markets who value a collegial environment. Candidates must be members in good standing with the Law Society of Ontario.
Preference will be given to candidates who meet all of the following criteria:
- A minimum of 8 years of relevant legal, transactional and regulatory experience;
- An in-depth understanding of the Canadian securities regulatory environment;
- Experience with the securities regulatory regime as it applies to reporting issuers and issuers raising capital in the exempt market;
- Strong analytical, project management and communication skills and the ability to set and adjust priorities;
- Excellent legal drafting skills, including experience drafting legislation, rules or other regulatory instruments;
- A demonstrated ability to establish collaborative working relationships and engage with internal and external stakeholders; and
- Demonstrated judgment and proficiency to balance regulatory objectives with practical business considerations.
Grow your career and make a difference working at the OSC.
* OSC Employees: please apply in Workday using the Browse Jobs feature within your Jobs Hub *
We thank all applicants for their interest in the Ontario Securities Commission. We will contact those selected for an interview.
