Corporate Paralegal

OTIP (Ontario Teachers Insurance Plan) Logo

OTIP (Ontario Teachers Insurance Plan)

📍Remote - Canada

Summary

Join the OTIP Group of Companies (OGC) and contribute to a supportive and inclusive work environment where employees feel valued. As a Corporate Paralegal, you will manage legal issues, minimize legal risks, and advise leaders on legal matters. You will review and draft legal agreements, maintain corporate records, and manage the legal review process. Collaboration with internal and external stakeholders is crucial, along with ensuring compliance with relevant laws and regulations. The role involves drafting complex documents, advising on legal risks, and managing legal expenses. This position offers a rewarding salary, comprehensive benefits, and opportunities for professional development.

Requirements

  • Licensed paralegal with five years’ experience in contract and corporate law, preferably in an insurance or financial institution, and in good standing with the Law Society of Ontario
  • Exceptional communication skills and the demonstrated ability to deal effectively with all levels of internal and external stakeholders
  • Strong understanding of legal terminology, contract law and excellent knowledge of federal and provincial statutes and procedures relevant to areas of practice
  • Excellent time management, organization, and decision-making skills to prioritize tasks based on business need, risk, and impact
  • Able to take initiative and deliver high quality and quantity of work, occasionally under tight timelines, with minimal supervision and high attention to detail
  • Able to work independently as well as in a team environment
  • Proficiency in MS Office applications, legal software, and tools for document management

Responsibilities

  • Reviews legal agreements (e.g., NDAs, Master Service Agreements, Loan Agreements, Leases, Data Sharing Agreements, Statements of Work, etc.) from third parties and advises project and business leads of legal risk exposures and recommended mitigations. Collaborates with project/business owners and external counsel to minimize legal risk exposure
  • Acts as an advisor to the business, identifying and assessing legal risks and managing legal expenses by overseeing the external counsel review process, determining the needs of the business prior to engaging external legal review, and identifying and implementing cost-reduction opportunities
  • Drafts complex documents and legal agreements to ensure clarity of business relationships, to establish rights and obligations of all parties, and to protect OGC’s interests and assets
  • Manages the legal intake and review process, ensuring the legal tracker status is updated and legal reviews are completed within the agreed upon turn around standard and appropriately maintained in OGC’s contract repository
  • Advises leadership on legal matters which include conducting research, interpreting legal and technical procedures, statutes, and regulations applicable to business practices, and drafting legal documents to minimize legal risk exposure
  • Ensures efficient and effective processes for legal reviews through process improvements and stakeholder education, including presentations, templates, resource materials, and speakers
  • Maintains current knowledge of applicable laws, regulations, and policies to ensure appropriate knowledge management of legal issues impacting OGC and its core business practices
  • Drafts documents related to corporate legal administration (minutes, resolutions, by-laws etc.), and maintains corporate records, ensuring minute books are accurate and up to date. Engages external counsel as necessary, to ensure corporate records are maintained as per regulatory requirements
  • Engages with external counsel as necessary for expert legal opinions, management of files, and the review of invoices. Communicates legal issues and risks to project managers and business leaders, as required
  • Liaises with the Privacy Office, Operational Risk, Vendor Management and relevant business stakeholders to ensure data privacy, security and contractual compliance obligations are met within legal agreements
  • Collaborates with project managers and business leads to mitigate and resolve legal issues concerning agreements with external parties
  • Performs other duties within competence, as assigned

Preferred Qualifications

The ability to communicate in French (verbal and written) is considered an asset

Benefits

  • Rewarding salary and bonuses that truly value your dedication
  • Industry-leading group benefits with 100% premium coverage (excluding LTD) that start on your first day
  • Defined benefit pension plan for a financially confident retirement
  • 100% coverage of approved continuing education and licensing fees (including RIBO courses in Ontario)
  • Flexible work-from-home and hybrid options
  • Unlock your potential with opportunities for advancement

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