Venture outside the ordinary - TMX Careers The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress.
Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team. Ready to be part of the action? Technology is the foundation of everything we do at TMX.
It powers our trading platforms, clearing engines, data solutions, and indexing business. As a Senior Legal Counsel, you will support TMX’s mission to make markets better, while working at the intersection of cutting-edge technology, financial services, and market infrastructure. Why Join TMX Group? Direct Impact: Play a pivotal role in the Legal and Corporate Affairs (LCA) team supporting TMX’s Global Technology Services (GTS) as it champions next-generation solutions for markets.
Modern Culture: Experience a fast-paced, collaborative team that embraces legal tech experimentation, process optimization, and pragmatic problem-solving. Growth & Curiosity: Work alongside cross-functional leaders who value technical literacy, continuous learning, and big-picture thinking. Position Overview As part of TMX’s LCA team, reporting directly to the Director, Intellectual Property and Commercial Services , the Senior Legal Counsel, Commercial Services will serve as a trusted advisor supporting TMX Group Limited and its affiliates.
In this role, you will support the commercial group in LCA to draft, review, and negotiate high-impact commercial and technology agreements. You will provide actionable, risk-adjusted legal counsel in a fast-paced environment. We are seeking a legal professional with strong technical literacy and genuine curiosity about the technology underlying their legal work—including data flows, cloud environments, and emerging AI tools.
Key Responsibilities Commercial Contracting & Negotiation: Independently structure, draft, and negotiate complex technology and commercial agreements across varying levels of focus: Core Expertise (High Experience): SaaS, PaaS, cloud infrastructure, proofs of concept (POCs), professional/consulting services, software development, hardware procurement, SLAs, data licensing, and cross-border data processing (including privacy compliance).
Emerging & Complex Areas (Familiarity): Artificial Intelligence / Generative AI, high-critical technology acquisitions, complex outsourcing, source code escrow, and open-source software (OSS) licensing. Strategic Projects & Advisory: Provide legal guidance on cross-jurisdictional strategic initiatives involving intellectual property, global privacy, data governance, information security, and regulatory compliance.
Partner with cross-functional teams to identify and mitigate third-party risks. Day-to-Day Commercial Advice: Offer clear, pragmatic interpretation of contracts, corporate policies, and potential commercial disputes to protect TMX’s business and legal interests. Operational Excellence & Continuous Improvement: Help scale legal operations by contributing to contracting playbooks, standardized templates, and technology-assisted workflows.
Proactively monitor legislative updates and legal trends in technology law to keep TMX strategies cutting-edge. Ad-Hoc Support: Adapt to evolving business priorities by managing special projects and additional legal duties as assigned. Qualifications & Key Requirements Credentials: Called to the Bar of Ontario with membership in good standing with the Law Society of Ontario (LSO