Counsel - Commercial Lending & Workout

TD • Southfield, MI

1d

About The Position

Department Overview: TD's US Commercial Lending & Workout Legal team supports the US Commercial Bank and Commercial Workout, helping to enable their business strategies while managing legal risks presented in day-to-day operations. The team works closely with senior leadership, credit management, credit risk, relationship managers, and workout officers to provide legal support in a number of areas, including without limitation policy and procedure reviews, issue remediation, contract negotiation, transactional risk analysis, litigation management, and the sourcing of legal advice from other teams internal to TD Legal and external law firms as needed. Depth & Scope: Provides consistent and sound legal advice in a clear, concise and responsive manner by taking initiative to develop legal knowledge and skill; knowing relevant substantive law, identifying legal issues; knowing the business and its products, operations, strategy, risk appetite and regulatory environment; owning the role of interpreting legal requirements through a balanced understanding of the law and business context to formulate relevant legal theories; and identifying business issues and policies related to the legal requirements, describing legal issues and options to the client Identifies conflict situations and brings more senior lawyers into the decision-making process as appropriate by identifying situations when actions that the business unit wants to take conflicts with TD's risk appetite and discusses with client how particular actions might be inconsistent Effectively contributes to and/or leads negotiations and conflict resolutions by gathering supportive information in preparation for the negotiation, understanding the dynamics of the process and displaying an effective combination of firmness, tact, patience and respect in dealing with all parties involved

Requirements

• Bachelors degree required
• JD from accredited law school required
• 5+ Years of related experience
• Admission to appropriate State Bar in good standing and licensed to practice law in the State
• Basic understanding of banking/financial services operations and issues
• Ability to simplify, problem solve, multitask and work effectively against deadlines
• Integrity and high moral standards
• Strong negotiation and conflict resolution skills
• Strong legal research and analysis skills
• Detail oriented
• Must be able to apply legal knowledge to the business
• Ability to exercise sound judgment
• Excellent oral and written communication skills
• Strong teamwork and client skills
• Highly motivated

Nice To Haves

• Commercial lending transactional experience in a law firm or in-house environment
• Deep experience negotiating commercial financing contracts
• Experience managing or assisting with commercial loan workouts
• Experience with subsidiary and/or entity-level corporate governance
• Working knowledge of laws, rules, and regulations applicable to commercial and small business lending
• Experience working in a regulatory environment
• Experience with auto finance transactions and processes a strong plus

Responsibilities

• Provides consistent and sound legal advice in a clear, concise and responsive manner
• Taking initiative to develop legal knowledge and skill
• Knowing relevant substantive law, identifying legal issues
• Knowing the business and its products, operations, strategy, risk appetite and regulatory environment
• Owning the role of interpreting legal requirements through a balanced understanding of the law and business context to formulate relevant legal theories
• Identifying business issues and policies related to the legal requirements, describing legal issues and options to the client
• Identifies conflict situations and brings more senior lawyers into the decision-making process as appropriate
• Effectively contributes to and/or leads negotiations and conflict resolutions

Benefits

• Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees