Legal Counsel

Who we are:

Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals.

Over the years, our brand family has grown. In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family of brands, alongside Fairstone, EdenPark and Fig.

Together, we are the leading alternative lending bank in Canada. We have the collective experience and expertise to better serve our customers and foster our partners’ growth. With a diverse suite of products—residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending—we offer financial solutions tailored to all Canadians, including newcomers, small-business owners, smart investors and savvy consumers.

Backed by nearly a century of lending experience through its legacy companies, Fairstone Bank and its brand family are proud to be Canada’s leading alternative lending bank. ​

Join Fairstone as a Legal Counsel, reporting to the Director, Legal, and be part of our talented and growing team! 

About the role:

We are looking for a Legal Counsel with with experience practicing corporate and commercial law in an in-house legal department or law firm.  You will be a key member of a dynamic in-house legal team, working directly with colleagues to grow the business while ensuring the legal and regulatory risk is mitigated and managed.  Reporting to the Director, Legal, your responsibilities will include managing litigation, negotiating and drafting complex commercial agreements, as well as providing legal and strategic advice to the business units in respect of federal and provincial legislation relating to consumer and mortgage lending, banking, privacy, employment and consumer protection. 

Responsibilities:  

• Providing strategic legal support to, amongst others, product owners, operations, human resources, risk, finance, marketing, technology and product development teams;
• Drafting, negotiating and reviewing complex commercial contracts and related documents and leases to support Fairstone’s consumer lending products which include personal loans, credit cards retail point-of-sale financing, and auto lending
• Serving as a main legal point of contact for business lines;
• Advising business units on all aspects of federal and provincial laws and regulations, including consumer protection, consumer lending and privacy;
• Accountable for assigned workload as well as other special projects that may arise from time to time;
• Demonstrating strong judgement, analytical and problem-solving skills and capacity to synthesize complex issues and propose pragmatic solutions;

What we’re looking for:

• Juris Doctor or Bachelor of Laws (LLB.) degree;
• Licensed to practice law in Canada and a lawyer in good standing with a provincial law society (Quebec or Ontario bar membership preferred);
• 3-5 years of corporate commercial experience in a law firm or in house legal department, preferably in the areas of banking, corporate or consumer finance;
• Working knowledge and experience with Federal and Provincial consumer and mortgage lending, consumer protection, banking and finance and privacy laws preferred;
• Experience with an OSFI regulated institution is an asset;
• Strong organizational and leadership skills;
• Ability to analyze statutes and regulations, determine their impact on the business and propose practical solutions;
• Excellent verbal and written communication skills; 
• Fully bilingual (English and French), written and spoken is an asset;
• Ability to work well with others in the legal department and in the business;
• Highly motivated, energetic and enthusiastic self-starter;
• Proficient in Microsoft Office, particularly Word, Excel, PowerPoint and Outlook;

What you’ll love about working here:

• Award-Winning Culture: We’re proud to be recognized as a Great Place to Work Canada 2025 and one of Montreal’s Top Employers 2025 by Canada’s Top 100 Employers.
• Work-Life Balance: Enjoy flexibility with our hybrid work model designed to support your lifestyle.
• Time to Recharge: Generous vacation based on your role, statutory holidays, plus 6 wellness days to prioritize your well-being.
• Compensation Package: Competitive base salary plus an annual incentive bonus tied to performance.
• Comprehensive Benefits: Robust health and dental coverage through Manulife, as well as virtual healthcare through Dialogue.  
• Future-Ready Savings: Group Retirement Savings Plan with up to 7% employer match.
• Exclusive Perks: Discounts from top retailers via WorkPerks, plus location-based perks like gym memberships and Toronto Bike Share.
• On-Site Fitness: Gym access at our London and Montreal offices.
• Continuous Growth: Education Assistance Program and Fairstone Academy for training and skill development.
• Family Support: Parental leave top-up program to help you during life’s big moments.

• Community Impact: One paid volunteer day to give back to causes that matter to you.
• For more information on who we are as an employer click here.

What you can expect - pay & process:

• Expected base salary range is 90,000$ - 115,000$ plus the opportunity to earn an annual incentive bonus tied to performance.   
• This posting is for an existing vacancy within our organization.
• Artificial intelligence may be used in parts of the recruitment process.
• All candidates considered for hire must successfully pass a criminal background check, credit check, and validation of their work experience to qualify for hire. 

If what you read excites you, we’d like to hear from you! Please submit your application and we’ll contact you if you become selected for first stages of the interview process.

Learn more: https://www.fairstone.ca/en/about/canadian-lender

Follow us on LinkedIn: https://www.linkedin.com/company/fairstone/mycompany/

If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.

Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.

Time Type:

Job Type: