Manager, Resolution Legal and Transactions (One-year term)

Location:  Ottawa or Toronto
Competition #:  1155

The Resolution Division is seeking to fill a one-year term Manager position reporting to the Director, Resolution Legal & Transactions. If you have 3 - 5 years' experience and knowledge in any of the following areas, apply today to join the Resolution Preparedness team!

  • Mergers & Acquisitions/Restructurings
  • Insolvency law
  • Valuation
  • Investment banking
  • Corporate law
  • Securities law
  • Financial sector policy or law   

As a team member you will contribute to CDIC's preparedness to resolve member financial institutions by ensuring that CDIC has effective legal and transactional skills and frameworks in place to facilitate the orderly resolution of a member institution, and contributes to CDIC's development of resolution execution strategies.


  • Supports the Director regarding CDIC’s member failure resolution capabilities to ensure the Corporation is ready to intervene quickly and effectively to protect depositors and the broader financial system, which involves developing, coordinating and implementing transaction and legal approaches aimed at enhancing CDIC’s preparedness to resolve a member institution of any size.
  • Assists in ensuring that proposed legal and transactional processes and plans are consistent with legal requirements and international practices, as appropriate.
  • Provides legal analysis, advice, opinions and support to the Resolution Division, and the Insurance and Risk Assessment Division concerning specific member institution issues.  This includes independent research and the provision of memoranda and correspondence, maintaining an up-to-date knowledge of legislation affecting CDIC and its member institutions, and providing interpretations and legal advice regarding legislation affecting CDIC’s execution of its resolution tools.
  • Assists with execution of transaction and legal matters in the event of an imminent failure of a member institution, which may involve overseeing various third parties, including legal counsel, investment banks and consultants.
  • Fosters collaborative working relationships with CDIC departments Canada’s primary financial safety net agencies (OSFI, the Bank of Canada, the Department of Finance), as well as other domestic and  international regulatory authorities on all legal and transactional aspects of resolution preparedness. 
  • Assists in negotiations in the deal-side of resolution transactions, and represents CDIC in any transactions or legal proceedings involving the resolution of a member institution.

Qualifications and Experience

  • University degree and/or professional designation.
  • 3-5 years’ experience in at least one of the following areas:  mergers and acquisitions, restructuring, insolvency law, valuation, investment banking, corporate law, securities law or financial sector policy or law.
  • Member in good standing of the bar in one of the provinces, with an LL.B/J.D. degree.
  • A familiarity with relevant legislation and regulatory oversight of Canada’s federally regulated deposit taking institutions.
  • Familiarity with the Canadian and international banking system, with a solid understanding of the economic and policy issues affecting the Canadian financial system and how they might impact CDIC’s membership being considered an asset.
  • Conceptual and strategic thinker, organized and have a collaborative style so as to be able to work across all levels of the Corporation as well as with external agencies, third parties and external legal counsel.
  • Experience with business continuity and crisis planning and project management is highly desirable.
  • Ability to travel.


  • Communication (Excellent written and verbal communication skills are essential)
  • Working with Others (Collaborating and Relationship Management)
  • Adaptability
  • Initiative/ Innovative Thinking
  • Planning and Organizing

Conditions of Employment/Security Clearance:  Secret
Language Requirements:  English essential, French would be an asset.

Important Notes:

  1. One-year term position is currently available, and a pool of pre-qualified candidates may be established to staff future similar positions within CDIC with various.
  2. Due to Canadian immigration regulations, we can only consider applications from Canadian citizens or other individuals legally entitled to work in Canada and obtain necessary security clearances.  Please indicate in your cover letter the reason for which you are entitled to work in Canada: Canadian citizenship, permanent resident status or work permit.
  3. CDIC is a federal agency (separate employer) and does not fall under the Public Service Employment Act.
  4. CDIC is committed to Employment Equity and encourages the equitable participation of all Canadians.  If your application is retained and you require any special accommodation during the selection process please advise us.  Information received relating to accommodation measures will be addressed confidentially.
  5. CDIC offers a collegial work environment with highly skilled people, competitive compensation as well as interesting, innovative work. We invite you to forward your résumé and covering letter describing how you could contribute to our organization at Please quote competition #1155.
  6. We would like to thank all candidates who apply however, only those selected for an interview will be contacted.