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Coast Capital Savings

Vice President, Legal

Posted 7 days ago

Job Description

Location: Greater Toronto Area, Greater Vancouver Area
Job Type: Full Time
myWork Options: In-person, Hybrid
Background Screening Requirement:
  • Enhanced Criminal Record Check
  • Credit Check
  • Social Media Check
  • Identity Verification
  • Education Verification
  • Employment Verification
  • References

  • What's the Job?

    As the Vice President, Legal you play a pivotal role in steering our legal strategy across Coast Capital and overseeing the legal function supporting all operations, products and channels for Coast Capital and its affiliates. You lead the in-house legal team of lawyers, paralegals and relationships with external counsel, ensuring the Legal team delivers as a valuable business partner. You are the go-to for navigating legal risks, managing disputes, providing legal and regulatory guidance in a variety of areas applicable to the organization, participating in key contract negotiations, managing our insurance portfolio and overseeing legal operations. You will support Coast Capital's strategy and business plans, ensuring we operate with integrity and in compliance with relevant laws and our risk appetite, making a significant impact on our organization and its affiliates.

    What You'll Get To Do

  • Plan, organize, hire and manage legal and insurance resources and identifie appropriate opportunities to leverage external partners.
  • Develop plans, goals and key results for legal and insurance in line with organizational strategy. Monitor, control and report on progress against goals and key results.
  • Develop and implement legal and insurance operational frameworks, policies and procedures in alignment with Coast Capital's strategy and risk appetite, understanding cross-functional impacts and interdependencies
  • Provide business-minded and practical legal advice on high-priority and complex matters by partnering with business units to advance the strategic goals of Coast Capital.
  • Identify, prioritize and implement improvements to Legal and Insurance processes to balance taking a risk-based approach and drive efficiency, effectiveness and results.
  • Represent the Legal and Insurance functions on management committees.
  • Manage key contract negotiations with partners and vendors in partnership with Strategic Supplier Sourcing team, ensuring that all agreements are reviewed, approved, and aligned with business objectives. Provide expert advice on contract terms and conditions, ensuring compliance with legal requirements and mitigating risks associated with contractual obligations. Collaborates with cross-functional teams to integrate contracts seamlessly into business plans.
  • Oversee the company's litigation matters, advising the executive team on associated legal risks and coordinating with outside counsel to devise strategies. Monitor litigation progress and keep senior management informed, while managing budgets and ensuring compliance with legal procedures.
  • Oversee Coast Capital's corporate insurance portfolio (eg. E&O, D&O, property and cyber insurance) ensuring that it is administered effectively and is appropriate for Coast Capital's risk profile.

  • Who Are We Looking For?

  • LLB or Juris Doctor (JD)
  • 12+ years' experience in legal practice
  • Experience developing and coaching a legal team in a dynamic business environment.
  • Experience managing external counsel.
  • Experience in developing annual operating plan and managing a budget.
  • Successful implementation of legal programs in a corporate setting
  • Accomplished in providing regulatory guidance and compliance oversight.
  • Advanced legal analytical and problem solving skills.
  • Strong project management skills. .
  • Business-minded problem solver with strong partnership approach.
  • Brings a positive attitude and drives engagement within the team and colleagues.
  • Resilient and adaptable with change, as well as leading and supporting a team through ongoing changes.
  • Takes a proactive approach and motivates a team to perform at a high level.
  • Previous experience working in the Financial Services Industry considered an asset.


  • Equity, Diversity & Inclusion at Coast Capital
    Don't meet every single requirement? At Coast Capital, we believe everyone has potential. We are committed to building better, brighter, more inclusive futures for everyone - including our employees. We see the potential in our employees to achieve amazing things and want to invest in your future. If you're excited about this career opportunity and your experience may not perfectly align with every qualification in this job posting, we still encourage you to apply. You may be just the right candidate for this or other opportunities at Coast Capital.

    At Coast Capital, we are committed to equity, diversity and inclusion. We strongly encourage applications from Indigenous Peoples, Black, and racialized persons, persons with disabilities, people of diverse sexual and gender identities and women. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences and expertise benefit of our employees, our members, and our community.

    We strive to provide an accessible candidate experience for our candidates with different abilities. If you require any accommodations, please contact accessibility@coastcapitalsavings.com or call 778-391-5836. We will work with you to meet your needs.


    Why join Coast Capital Savings?
  • Purpose is our North Star. We look at everything through our purpose. It informs the advice we provide our members, the experiences and products we create, and the programs we build to support our employees and communities.
  • Committed to inclusion and engagement. We have an ongoing focus on equity, diversity, and inclusion and routinely track how we're doing, and what we need to do to keep improving. We foster a culture where everyone can feel safe to be who they really are and thrive.
  • A career that grows with you. We believe in developing our people and promoting from within. Many employees have spent decades, and sometimes their entire careers, with Coast Capital and have progressed from the frontlines to senior leadership.
  • Work where you're most effective. In 2020 the world changed, and that includes how we work. In response to COVID-19 we launched myWork, which gives employees flexibility in where they work based on the nature of their role.
  • Benefits that flex to the needs of you and your family. We offer comprehensive, customizable benefits for you and your family, so you can choose what fits best for you and your lifestyle.
  • Retirement options. We also take care of our employees once they retire. That's why we offer the choice of a defined contribution or defined benefit pension plan or RSP's.
  • Mortgage and auto financing benefits. Employees save thousands on their mortgages and auto loans with best-in-category benefits.
  • Real Recognition. We recognize excellence throughout the year, through an online community that lets employees give kudos and thanks throughout the year. We're human, which means we like to have fun with events, celebrations, and recognition throughout the year.
  • An award winning culture. We're a Platinum member of Canada's Best Managed Companies and are regularly recognized by Canada's Most Admired Corporate Cultures and the BC Top Employers Awards.
  • We reinvest 10% back into the community. When we do well, our communities do well. That's why since 2000 we've invested over $90 million into our member's communities.
  • Double your impact. Through our employee volunteer program, Coast Capital donates $10 for every hour you volunteer to a Canadian charity or non-profit of your choice.


  • D&I at Coast At Coast Capital, we value diversity, equity and inclusion. We're not all the same and we like it that way. We don't just accept differences - we celebrate, support, and we thrive on them for the benefit of our employees, our members, and our community. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills.

    About Coast Capital Savings

    Coast Capital Savings is Canada’s largest credit union by membership. An Imagine Canada Caring Company, the credit union invested $5.6 million into local communities in 2017, focusing on empowering and engaging youth. Coast Capital is one of Canada's Most Admired Corporate Cultures™, and is a winner of the Canada's Best Managed Companies Platinum Club designation. It has 52 branches serving its 555,000 members in the Metro Vancouver, Fraser Valley, Vancouver Island and Okanagan regions of British Columbia. Product innovations include Canada's first free chequing account from a full-service financial institution.

    Industry

    Banking & Finance

    Company Size

    1001-5000 employees

    Application closing date is 2024-07-18

    Current Openings

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