Legal Counsel II

Business Unit

Regular, Full time

Closing Date: December 19, 2025

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 and fixed income..

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. 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 preferably a portion related to Canadian capital markets, financial services and/or 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 to the capital markets.
• Very good understanding of marketplaces and regulated entities.
• 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.

This opportunity is considered to be a business critical role supporting the Trading and Markets Division.

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 HRRecruitment@osc.gov.on.ca.  
 

Visit Accessibility at the OSC to review the OSC’s policies on accessibility and accommodation in the workplace.