Part-time Senior Counsel, Compliance

Application Deadline:10/29/2026Address:151 W 42nd StreetJob Family Group:LegalThis opportunity is ideal for a lawyer with experience in derivatives and capital markets who thrives in a dynamic, fast-paced financial services environment. As a member of BMO's Derivatives Legal Group within the Capital Markets Legal Team, you will provide strategic legal and regulatory advice on a broad range of derivatives, structured products, and trading-related matters. You will partner closely with trading, sales, risk, compliance, and operations teams to support business objectives while effectively managing legal and regulatory risk. The role offers exposure to complex transactions and regulatory developments, including margin requirements and evolving derivatives frameworks, and requires extensive experience drafting and negotiating key market documentation such as ISDA Master Agreements, CSAs, Control Agreements, Risk Participation Agreements, and related trading documentation. This is an excellent opportunity for a commercially minded legal professional who combines strong technical expertise, sound judgment, and exceptional negotiation skills with the ability to deliver practical, business-focused solutions in support of BMO's global capital markets franchise.May participate in the design of legal advice strategies & approaches for the unit activity and making recommendations to minimize legal issues.Exercises judgement on complex, confidential and sensitive mattersIdentifies and resolves moderately complex issues.Delivers legal advice, instructs external counsel and ensures compliance with internal policies & procedures for a single or small number of function(s).Acts as a subject matter expert on relevant laws, regulations and policies.Resolves daily issues and/or escalates with appropriate analysis and/or recommendations.Identifies risks and implements appropriate actions to mitigate them.Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.Implements changes in response to shifting trends.Qualifications:Typically 7+ years of legal practice or an equivalent combination of education and experience.Degree in law (LLB or JD) and license to practice law in relevant jurisdiction.Private practice, in-house experience or experience at regulatory body relating to the regulation of business/group activities may be required.Experience drafting and negotiating derivatives documentation including ISDA’s, CSA’s, Control Agreements, Confidentiality Agreements, Risk Participation Agreements, Master Confirmation Agreements, Long-Form Confirmations, and other derivatives documentation ancillary thereto.Responsible for advising the business on regulatory issues related to derivatives, including initial and variation margin.Participate in project-related matters within Derivatives Legal Group (within the Capital Markets Legal Team) from time to timeKnowledge in legal field, typically with a functional or business line specialization.Knowledge of business and regulatory environment in which BMO Financial Group operates.Advanced knowledge of subject matter legal requirements and the operations of a single client group.Data driven decision making - In-depth / Expert.*Hybrid work model requires 3 days a week in NY or Chicago office (subject to change)Salary:$120,000.00 - $250,000.00Pay Type: SalariedThe above represents BMO Financial Group’s pay range and type.Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. It calls on us to create lasting, positive change for our customers, our communities and our people. We strive to help you make an impact from day one - for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.Full time