Counsel - Commercial Banking

TD•Washington, DC

7d•$140,000 - $231,000•Onsite

About The Position

The Counsel provides legal advice and support to management and employees in Corporate Group functions and Business units, serving as a legal resource focused on defined subject matters and/or specific businesses. Typical work includes managing litigation, negotiating contracts, assisting with product roll-outs, advising on regulatory developments, and anticipating and addressing potential legal risks. The role supports TD's US Commercial Bank and Shared Services by helping enable business strategies while managing legal risks in day-to-day operations. It works with senior leadership, credit management, credit risk, relationship managers, and other stakeholders on policy and procedure reviews, issue remediation, contract negotiation, transactional risk analysis, litigation management, and sourcing legal advice from internal legal teams and external law firms. The Counsel provides clear, concise, and responsive legal advice by developing relevant legal knowledge, understanding the business and its products, operations, strategy, risk appetite, and regulatory environment, and applying legal requirements in their business context. The role identifies conflicts with TD's risk appetite and involves more senior lawyers in decisions when appropriate. It also contributes to or leads negotiations and conflict resolution. The position is onsite four days per week. It may supervise administrative and paralegal staff and junior attorneys.

Requirements

Bachelor's degree required.
JD from an accredited law school required.
At least 5 years of related experience.
Admission to the appropriate State Bar in good standing and license to practice law in the state.
Basic understanding of banking or 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, with the ability to apply legal knowledge to the business and exercise sound judgment.
Excellent oral and written communication skills.
Strong teamwork and client skills.
Highly motivated.

Nice To Haves

Commercial banking 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.

Responsibilities

Provide legal advice and support to management and employees in Corporate Group functions and business units.
Manage litigation, negotiate contracts, assist with product roll-outs, and advise on regulatory developments.
Anticipate and address potential legal risks.
Support the US Commercial Bank and Shared Services on policy and procedure reviews, issue remediation, contract negotiation, transactional risk analysis, and litigation management.
Coordinate legal advice from internal TD Legal teams and external law firms as needed.
Identify legal issues, interpret legal requirements in the context of applicable law and business needs, and explain legal issues and options to clients.
Identify conflicts between proposed business actions and TD's risk appetite, and involve more senior lawyers in decision-making as appropriate.
Prepare for, contribute to, and/or lead negotiations and conflict resolutions.
May supervise administrative and paralegal staff and junior attorneys.