Job Description
Business Unit
Regular, Full time
Closing Date: May 26, 2026
The Ontario Securities Commission (OSC) is the statutory body responsible for regulating Ontario’s capital markets in accordance with the mandate established in the provincial Securities Act and the Commodity Futures Act. The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. This mandate is performed through policy, operational, and enforcement activities. The OSC also contributes to national and global securities regulation development.
We offer a diverse, fair, and flexible work environment and take pride in our challenging and rewarding work.
The General Counsel’s department (GCD) provides expert, client-centered, legal, strategic and risk management advice to the Commission based on sound legal and reputational risk analysis. In addition, the GCD administers the enforcement of monetary sanctions and the distribution to directly harmed investors of disgorged amounts obtained by the OSC.
The Enforcement of Monetary Sanctions and Distribution Unit within the General Counsel’s department is recruiting for a Law Clerk who will administer the monetary sanctions and distributions program. Using your experience working on collections, receivership, bankruptcy or class action files, you will work closely with key stakeholders to enforce monetary sanctions and coordinate activities to ensure disgorged funds are redistributed to directly harmed investors.
What’s in it for you?
Reporting to the Associate General Counsel, Litigation and Strategic Priorities, you will:
Play a key role in contributing to investor protection by helping the OSC deliver on its mandate.
Work in a collaborative, progressive, and professionally diverse team.
Make a difference and have a meaningful impact on ensuring Ontario’s capital markets are fair and efficient.
What will you do?
Track the enforcement of monetary sanction matters by coordinating with internal and external counsel and the Enforcement division.
Assist with referrals, motion materials, reports, court documents, demand letters, writs and proof of claims.
Summarize relevant sanction financial information, coordinate search requests, make filings, review bankruptcy records and reconcile payments.
Maintain and update disgorgement distribution case files by tracking relevant information, monitoring parallel proceedings in Ontario or other jurisdictions and document final recommendations or decisions.
Assist with quarterly recommendations to distribute, hold or pay disgorged funds.
Coordinate activities with internal stakeholders which support the process for distribution carried out by both court-appointed administrators as well as those issued directly by the OSC. The activities include confirming disgorgement amounts, preparing notices of distribution, organizing claim packages, issuing decision letters, maintaining records and issuing final reports.
Maintain a roster of court-appointed administrators with adherence to procurement policies.
Work with litigation counsel and the Contact Centre on responses to investor inquiries related to disgorgement of funds.
What do you need to be successful in this role?
Completion of a two-year Law Clerk Program in a Community College required.
Member in good standing with the Institute of Law Clerks of Ontario (ILCO).
Five years' experience with a law office, government agency or other entity in a capacity or function which involves the performance of duties of an administrative or managerial nature under the guidance of a lawyer.
Knowledge of the securities industry.
General knowledge of the Securities Act, the Securities Commission Act, 2021, and the Bankruptcy and Insolvency Act.
Previous experience working on collections, receiverships, bankruptcies, claims administration would be an asset.
Highly developed analytical skills.
Excellent organizational, proof reading, and administrative skills.
Grow your career and make a difference working at the OSC.
OSC Employees: please apply in Workday using the Browse Jobs feature within your Jobs Hub
We thank all applicants for their interest in the Ontario Securities Commission. We will contact those selected for an interview.
The OSC is committed to diversity and providing an inclusive workplace and providing accommodation in accordance with the Accessibility for Ontarians with Disabilities Act and the Human Rights Code. It is our priority to ensure employment opportunities are visible and barrier-free to all under-represented groups including but not limited to, Indigenous, Black and racialized groups, people with disabilities, women and people from the 2SLGBTQI+ community, to achieve an employee demographic profile reflective of the demographic profile of Ontarians.
The OSC is a proud partner with the following organizations:
Ascend Canada
,
BlackNorth Initiative
,
Canadian Centre for Diversity and Inclusion
, and
Pride at Work Canada
If you require an accommodation during the recruitment process, please let us know by contacting our confidential inbox
HRRecruitment@osc.gov.on.ca
.
Visit
Accessibility at the OSC
to review the OSC’s policies on accessibility and accommodation in the workplace.
Regular, Full time
Closing Date: May 26, 2026
The Ontario Securities Commission (OSC) is the statutory body responsible for regulating Ontario’s capital markets in accordance with the mandate established in the provincial Securities Act and the Commodity Futures Act. The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. This mandate is performed through policy, operational, and enforcement activities. The OSC also contributes to national and global securities regulation development.
We offer a diverse, fair, and flexible work environment and take pride in our challenging and rewarding work.
The General Counsel’s department (GCD) provides expert, client-centered, legal, strategic and risk management advice to the Commission based on sound legal and reputational risk analysis. In addition, the GCD administers the enforcement of monetary sanctions and the distribution to directly harmed investors of disgorged amounts obtained by the OSC.
The Enforcement of Monetary Sanctions and Distribution Unit within the General Counsel’s department is recruiting for a Law Clerk who will administer the monetary sanctions and distributions program. Using your experience working on collections, receivership, bankruptcy or class action files, you will work closely with key stakeholders to enforce monetary sanctions and coordinate activities to ensure disgorged funds are redistributed to directly harmed investors.
What’s in it for you?
Reporting to the Associate General Counsel, Litigation and Strategic Priorities, you will:
Play a key role in contributing to investor protection by helping the OSC deliver on its mandate.
Work in a collaborative, progressive, and professionally diverse team.
Make a difference and have a meaningful impact on ensuring Ontario’s capital markets are fair and efficient.
What will you do?
Track the enforcement of monetary sanction matters by coordinating with internal and external counsel and the Enforcement division.
Assist with referrals, motion materials, reports, court documents, demand letters, writs and proof of claims.
Summarize relevant sanction financial information, coordinate search requests, make filings, review bankruptcy records and reconcile payments.
Maintain and update disgorgement distribution case files by tracking relevant information, monitoring parallel proceedings in Ontario or other jurisdictions and document final recommendations or decisions.
Assist with quarterly recommendations to distribute, hold or pay disgorged funds.
Coordinate activities with internal stakeholders which support the process for distribution carried out by both court-appointed administrators as well as those issued directly by the OSC. The activities include confirming disgorgement amounts, preparing notices of distribution, organizing claim packages, issuing decision letters, maintaining records and issuing final reports.
Maintain a roster of court-appointed administrators with adherence to procurement policies.
Work with litigation counsel and the Contact Centre on responses to investor inquiries related to disgorgement of funds.
What do you need to be successful in this role?
Completion of a two-year Law Clerk Program in a Community College required.
Member in good standing with the Institute of Law Clerks of Ontario (ILCO).
Five years' experience with a law office, government agency or other entity in a capacity or function which involves the performance of duties of an administrative or managerial nature under the guidance of a lawyer.
Knowledge of the securities industry.
General knowledge of the Securities Act, the Securities Commission Act, 2021, and the Bankruptcy and Insolvency Act.
Previous experience working on collections, receiverships, bankruptcies, claims administration would be an asset.
Highly developed analytical skills.
Excellent organizational, proof reading, and administrative skills.
Grow your career and make a difference working at the OSC.
OSC Employees: please apply in Workday using the Browse Jobs feature within your Jobs Hub
We thank all applicants for their interest in the Ontario Securities Commission. We will contact those selected for an interview.
The OSC is committed to diversity and providing an inclusive workplace and providing accommodation in accordance with the Accessibility for Ontarians with Disabilities Act and the Human Rights Code. It is our priority to ensure employment opportunities are visible and barrier-free to all under-represented groups including but not limited to, Indigenous, Black and racialized groups, people with disabilities, women and people from the 2SLGBTQI+ community, to achieve an employee demographic profile reflective of the demographic profile of Ontarians.
The OSC is a proud partner with the following organizations:
Ascend Canada
,
BlackNorth Initiative
,
Canadian Centre for Diversity and Inclusion
, and
Pride at Work Canada
If you require an accommodation during the recruitment process, please let us know by contacting our confidential inbox
HRRecruitment@osc.gov.on.ca
.
Visit
Accessibility at the OSC
to review the OSC’s policies on accessibility and accommodation in the workplace.
💡 Quick Summary
Seeking a career-building opportunity? The Law Clerk position is now open for candidates interested in the Legal Jobs sector. This role in Toronto offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Legal Jobs is a plus.
