Legal Counsel

Job Description

Please note:

• Current work authorization for Canada is required for all openings
• You will be working on a flexible hybrid schedule as part of Fidelity’s dynamic working arrangement

The work location for this role is 483 Bay Street in Toronto until approximately late 2026 when the work location will change to the new Mississauga office at 3 Robert Speck Parkway.

Company Overview

At Fidelity Investments Canada, our mission is to build a better future for our clients. Our diversified business serves financial advisors, wealth management firms, employers, institutions and individuals. As the marketplace evolves, we are constantly innovating and offering our clients choice of investment and wealth management products, services and technological solutions all backed by the global strength and scale of Fidelity. 

Role Overview

The Fidelity Legal Department provides legal services to all aspects of Fidelity's business.  The Legal Counsel provides legal services of all varieties, which make it possible for Fidelity to develop and offer investment products, enter into new relationships, establish new businesses and maintain existing business activities.

What You Will Do

• Provide legal advice to all Fidelity Canada companies and business lines
• Advise on securities laws and regulatory matters as they relate to new products, services, strategic projects and on miscellaneous issues as they arise
• Monitor legal and regulatory developments affecting the asset management industry.
• Prepare and maintain disclosure documents and material contracts for institutional and retail investment products, distribution arrangements and other services offered by Fidelity in Canada
• Support mutual funds, ETFs, alternative investments and other investment products.
• Draft, review and negotiate commercial agreements
• Identify legal risks and develop practical business solutions.
• Assist with regulatory filings and interactions with securities regulators.
• Develop and maintain positive and effective relationships with various Fidelity departments, including Product, Marketing, Compliance, Risk and Fund Accounting

What We’re Looking For

• LL.B./J.D. degree and member in good standing of a Canadian law society.
• 2+ years post call experience in securities, investment funds or asset management law (law firm or in-house).
• Knowledge of Canadian securities regulation and investment fund regulation.
• Strong drafting and negotiation skills.
• Strong communication and stakeholder-management abilities.

The Expertise You Bring

• Experience at a major law firm, bank, pension fund or asset manager preferred.
• Knowledge of corporate and securities law
• Strong analytical, negotiation and problem-solving skills
• Excellent verbal and written communication skills
• Effective prioritization of tasks, ability to deliver high quality work under pressure
• Can effectively collaborate on projects and initiatives and build relationships within legal department as well as with business partners
• Working knowledge of the legal structure, regulatory requirements and internal standards relating to mutual funds, pooled funds, separate account management, and sub-advised accounts is an asset

In order to be considered, applicants are required to submit the following:

• Cover Letter
• Resume
• Transcripts

Total Rewards That Reflect Your Impact:

We believe exceptional work deserves exceptional recognition. That’s why we offer a competitive compensation package designed to support your success today—and your financial well-being tomorrow.

For this role, your total rewards include:

•       Base Salary and Discretionary Performance Bonus: Total annual cash compensation (base salary pus target bonus) ranges from $164,000 to $194,000, based on your experience and qualifications.

•       RRSP Contribution: After 6 months of employment, we invest in your future with an RRSP contribution—no employee matching required.

We’re proud to offer a compensation package that aligns with provincial pay transparency requirements.

This posting represents an existing vacancy within our organization—an opportunity to step into a role where your talents will make a meaningful difference.

Some of the ways we’ll help you feel valued and supported as part of our team:

• Flexible working arrangements - 100% remote, hybrid, and in office options
• Competitive total compensation, including company contributions to your group RRSP without a matching requirement from you
• Comprehensive health benefits that start on your first day, with 100% employer-paid premiums, that include up to $6000 annually for mental health services and therapy
• Parental leave top-up to 100% of your salary for a period of 25 weeks
• Up to $650 for home office equipment
• Generous time off policy, including 2 paid days annually to volunteer at a charity of your choice
• Diversity and inclusion programs, including an active network of Employee Resource Groups
• Extensive professional development opportunities, including access to over 11,000 training and development courses, tuition reimbursement, and monetary rewards for completing a required designation 

We care a lot about fostering a compassionate, people-centric culture, and are proud to have been named one of Canada’s Top 100 employers for the last five years.

We use AI-enabled LinkedIn Hiring Assistant to support parts of our sourcing process. Every hiring decision is reviewed and finalized by our recruiters. If you choose to ask questions to the LinkedIn HR Hiring Assistant, please be mindful that the responses are not official and must be confirmed for accuracy and completeness by Fidelity.  If you are selected for an interview, the recruiter who contacts you can best answer your questions.

Fidelity Canada is an equal opportunity employer

Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans’ status, Aboriginal/Native American status or any other legally-protected ground.

Accommodation during the application process

Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at [email protected].

No telephone inquiries or agencies please. We thank all applicants for their interest, please be advised that only those selected for an interview will be contacted.

Why Work at Fidelity?

We are proud to be recipients of the following:

Awards

•    Canada's Top 100 Employers 
o    Greater Toronto's Top Employers 
o    Canada's Top Family-Friendly Employers 
o    Canada's Top Employers for Young People 
  
•    Great Place To Work® Certified 
o    Best Workplaces for Inclusion 
o    Best Workplaces for Mental Wellness 
o    Best Workplaces for Today's Youth 
o    Best Workplaces for Women 
o    Best Workplaces in Financial Services & Insurance 
o    Best Workplaces in Ontario 
o    Best Workplaces with Most Trusted Executive Teams 

•    LinkedIn Top Companies in Canada
  
•    Human Resource Director (HRD) - Best Place To Work 
o    HRD - 5-Star Benefit Program 
o    HRD - 5-Star Diversity & Inclusion Employer 

Designations
•    Canadian Compassionate Companies – Certified 
•    Benefits Canada's Workplace Benefits Award - Future of Work Strategy 
•    TalentEgg National Recruitment Excellence Award - Special Award for Diversity & Inclusion in Recruiting 
•    Canadian HR Reporter's Most Innovative HR Team