Junior PSC Coverage Lawyer

Permanent contract|Montreal|Legal / Tax / Insurance

Junior PSC Coverage Lawyer

Montreal, Canada Permanent contract Legal / Tax / Insurance


What are you applying to?

The mission of the Société Générale US (SGUS) Legal Department is to protect the company from legal, regulatory, reputational and other risks, while at the same time assisting the SGUS business units in the achievement of their legitimate business interests by providing legal advice, drafting and reviewing legal documentation and ensuring that business is conducted in compliance with relevant laws and regulations.

Our Legal Department works closely with the Group Legal Department in Paris to ensure timely and effective implementation of Global Legal Function policies and procedures, and to coordinate, where necessary or appropriate, on all cross-border business transactions and activities.

We are also responsible for:

  1. Overseeing US litigation, enforcement actions and those investigations deemed to be under the scope of responsibilities of the SGUS Legal Department;
  2. Promoting strong and ethical legal culture within SGUS;
  3. Identifying and taking relevant steps to mitigate legal risk arising in SGUS. Accordingly, the SGUS Legal Department seeks to provide effective and quality legal services and representation to SG on all matters having legal and regulatory significance to the management, businesses or operations of SG in the United States.

In taking this role as a Junior Coverage Lawyer, you will generally focus on providing legal support with respect to the recognition of close-out netting and collateral enforceability across various types of financial product trading agreements for a variety of counterparty types in different counterparty jurisdictions.

This will involve managing the governance relating to netting and collateral opinions and the associated policies and procedures as well as maintaining the framework with respect to the retention of such opinions. Additionally, you will support other activities within the Global Markets Division where needed, including:

  • Drafting, reviewing and negotiating all manner of transaction documentation; providing advice and counseling on documentation;
  • Following and advising legal and regulatory developments affecting covered products and businesses; and working with multiple stakeholders within the firm (risk, tax, accounting, compliance, etc.) as well as with the primary business personnel.

Profile required

What you bring to the table:

  • 2-3 years working in a major US or Canadian law firm - ideally with a specialized focus on OTC or exchange traded derivatives and/or other capital markets financial products
  • Diligent work ethic and positive attitude
  • Ability and willingness to learn new and unfamiliar areas of law and business
  • Excellent written and oral communication and advocacy skills
  • Flexible and creative personality, adaptable to changing business and product mix
  • Client-centered mindset
  • Ability to prioritize tasks and effectively respond to and service demanding clients
  • Experience in legal drafting in English
  • Bilingualism (French/English) would be considered an asset

OUR Benefits:


Competitive compensation & benefits offering, including but not limited to:

  • Minimum of 20 Vacation days + 4 personal days 
    • Supportive Maternity, paternity, parental and adoption leave policy 
    • Health spending ($2,000/year) and personal spending ($1,000/year) accounts with 75+ eligible reimbursement categories (health, training, electronics etc.)
    • Fully sponsored virtual healthcare assistance and Employee Assistance Program to you and your immediate family
  • Various Employee Resource Groups (ERG) to engage with such as Pride and Allies, American Women Network, Black Leadership Network, One planet, etc. 
  • A culture of continuous development by encouraging our employees various training programs (online training and coaching platform such as Coursera, GoFluent, Pluralsight, First Finance, and others) 

Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.

Why join us

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.

Business insight

Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision: 
•     Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
•     Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents 
•     Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000UN8
Entity: SG Global Solution Centre
Starting date: immediate
Publication date: 2022/11/18