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Senior Legal Counsel, US Global Asset Management

BMO Financial Group

New York, NYJob$120–250K/yrSeen todaySeen in employer's feed today

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At a glance

Compensation
$120–250K/yr
Location
New York, NY
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Job overview

The Senior Legal Counsel provides legal and regulatory advice on products, initiatives, strategies, policies, and developments for BMO Financial Group, with a global scope and US focus. The role advises on legal and business matters, negotiates to support business objectives, manages legal risk, and serves as a subject matter expert to stakeholders and senior leaders. It also addresses complex issues, instructs external counsel, and supports compliance with internal policies and procedures.

Skills & qualifications

RequiredNice to have

Skills

Legal AdviceFinancial Services RegulationNegotiationCommunicationAnalytical Problem SolvingInfluenceCollaborationAmbiguity ManagementData-Driven Decision Making

Qualifications

7 Years Legal PracticeJuris DoctorUS State Law LicensePrivate Practice or in-House ExperienceRegulatory Body Experience

Benefits

Medical Insurance
Tuition Assistance
401(k) Match

Full job description

Provides and manages the delivery of legal and regulatory advice on products, initiatives, strategies, policies and developments for and on behalf of BMO Financial Group. Provides legal advice based on knowledge of legal principles, practices and procedures, and knowledge of the financial services industry and its environment. Influences and negotiates to achieve business objectives. Works to achieve organizational goals while minimizing legal risk.

  • Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.

  • May participate in the design of legal advice strategies & approaches for the unit activity and making recommendations to minimize legal issues.

  • Acts as the prime subject matter expert for internal/external stakeholders.

  • Exercises judgement on complex, confidential and sensitive matters

  • Identifies and resolves moderately complex issues.

  • Determines root causes and negotiates resolutions.

  • 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.

  • Implements areas of improvement to ensure consistency with market place.

  • Builds effective relationships with internal/ external stakeholders.

  • Geographic scope: up to global, with US focus.

  • Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.

  • Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.

  • Implements changes in response to shifting trends.

  • Broader work or accountabilities may be assigned as needed.

Qualifications:

  • Typically 7 years of legal practice or an equivalent combination of education and experience.

  • Degree in law (JD) and license to practice law in relevant jurisdiction. Qualified in at least one US State.

  • Private practice, in-house experience or experience at regulatory body relating to the regulation of business/group activities may be required.

  • Knowledge 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.

  • Negotiation skills - in depth.

  • Seasoned professional with a combination of education, experience and industry knowledge.

  • Verbal & written communication skills - In-depth / Expert.

  • Analytical and problem solving skills - In-depth / Expert.

  • Influence skills - In-depth / Expert.

  • Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.

  • Able to manage ambiguity.

  • Data driven decision making - In-depth / Expert.

Salary:

$120,000.00 - $250,000.00

Pay Type:

Salaried

The 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. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. 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.

To find out more visit us at https://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. 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 [email protected] and let us know the nature of your request and your contact information.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

How this job compares

Set against the 2,736 open Legal Counsel jobs on Olive Jobs, counted November 3, 2026.

Pay
  • This posting$120–250K/yr
  • New York median$160–225K/yr284 salary ranges
  • US median$151–230K/yr2,044 salary ranges

This range's midpoint, $185K, is 5% below the New York median midpoint ($194K) — in the middle half of Legal Counsel salary ranges in New York.

Openings
Olive Jobs lists 362 open Legal Counsel jobs in New York and 2,736 across the US. 10% of them nationwide are listed as remote or flexible.
Hiring the most in New York
Experience
Legal Counsel postings that state a minimum ask for 5 years of experience at the median; the middle half ask for 4 to 8 years (2,425 postings).
Education
2,095 of the 2,736 open Legal Counsel jobs (77%) ask for a bachelor's degree or higher.

Counted across the open, public US postings on Olive Jobs on November 3, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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