The Ontario Securities Commission (OSC) is the statutory body responsible for regulating Ontario’s capital markets in accordance with the mandate established in the provincial Securities Act and the Commodity Futures Act. The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. This mandate is performed through policy, operational, and enforcement activities. The OSC also contributes to national and global securities regulation development.
We offer a diverse, fair, and flexible work environment and take pride in our challenging and rewarding work.
What We Do
The Trading and Markets Division is responsible for regulating market infrastructure entities in Ontario, such as marketplaces, self-regulatory organizations (SROs), protection funds, and clearing agencies, as well as overseeing derivatives regulation and dealer policy development and implementation. The Division also develops policy relating to market structure, clearing and settlement, fixed income, and crypto and tokenization.
The Opportunity
The Trading and Markets Division is currently seeking a Legal Counsel II to join our Markets team. You will be primarily involved in the oversight of marketplaces, including making recommendations with respect to how they are complying with Ontario securities laws and applicable recognition or approval orders. You will also assist with the review of new applications and the ongoing oversight of crypto asset trading platforms. In addition, you will be involved in developing policy related to both market structure and dealer regulation.
If you have an inquiring mind and a passion for the capital markets, we are looking for a candidate with:
- A membership in good standing with the Law Society of Ontario.
- Undergraduate degree or equivalent.
- At least 5 years or equivalent of legal work experience post-call to bar with preferably a portion related to Canadian capital markets, financial services, and/or the securities regulatory environment.
- Strong ability to conduct business-related research, analyze complex problems, and develop creative recommendations that consider substantive or material issues and their impact on the capital markets.
- Very good understanding of marketplaces and regulated entities, including crypto trading platforms.
- Demonstrated ability to strategically assess the impact of various regulatory actions and balance regulatory objectives with practical business considerations.
- Demonstrated ability to organize and manage multiple projects to meet deadlines.
- Excellent written and verbal communication skills that demonstrate your ability to communicate clearly, concisely, and persuasively.
- Very strong interpersonal and teamwork skills.
- A desire to take initiative and an interest in cutting edge technologies.
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.
The OSC is committed to diversity and providing an inclusive workplace and providing accommodation in accordance with the Accessibility for Ontarians with Disabilities Act and the Human Rights Code. It is our priority to ensure employment opportunities are visible and barrier-free to all under-represented groups including but not limited to, Indigenous, Black and racialized groups, people with disabilities, women and people from the 2SLGBTQI+ community, to achieve an employee demographic profile reflective of the demographic profile of Ontarians.
The OSC is a proud partner with the following organizations: Ascend Canada, BlackNorth Initiative, Canadian Centre for Diversity and Inclusion, and Pride at Work Canada
If you require an accommodation during the recruitment process, please let us know by contacting our confidential inbox [email protected].
Visit Accessibility at the OSC to review the OSC’s policies on accessibility and accommodation in the workplace.
Skills Required
- Membership in good standing with the Law Society of Ontario
- Undergraduate degree or equivalent
- At least 5 years of legal work experience post-call to the bar, preferably with Canadian capital markets/financial services/securities regulatory experience
- Ability to conduct business-related research, analyze complex problems, and develop creative, market-aware recommendations
- Strong understanding of marketplaces and regulated entities, including crypto trading platforms
- Ability to strategically assess regulatory impacts and balance regulatory objectives with practical business considerations
- Ability to organize and manage multiple projects to meet deadlines
- Excellent written and verbal communication skills, able to communicate clearly, concisely, and persuasively
- Very strong interpersonal and teamwork skills
- Desire to take initiative and interest in cutting edge technologies
What We Do
The Ontario Securities Commission administers and enforces securities law in the province of Ontario. The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk
