Director & Managing Counsel, Commercial Lending

TD•Washington, DC

2d•$200,000 - $280,000

About The Position

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. The Director and Managing Counsel provides strategic and tactical direction and advice to AMCB executives as well as within the legal department. Provides oversight, legal advice and support to AMCB's senior management in Functions and in Business units. This role is the principal bank-wide legal expert in a broadly defined practice area and/or a specific international location. As a Practice Leader, this role brings Best Practices in own area to the organization. The Director and Managing Counsel mediates and prevents recurring conflict situations. Applies broad knowledge of TDBFG to develop and implement policies and Procedures within own area.

Requirements

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
Prior experience managing a team of lawyers and legal professionals
Bachelor's degree and Juris Doctor degree from an accredited law school
10 Years' experience as an attorney
Admitted in good standing to a state bar
Licensed to practice law
Legal expertise, experience & sound legal judgment
Strategic thinker
Skilled leader, high confidence, low ego, inspiring to professionals, operates through influence, motivates and develops leadership teams
Delivers on objectives, focuses on what matters and can work across silos to build effective working relationships
Clear, concise communicator, capable of influencing positive outcomes
Strong innovation-acumen

Responsibilities

Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
Provides strategic and tactical direction and advice to AMCB executives as well as within the legal department
Identifies and analyzes legal issues, draft key documents, makes recommendations, and assists to enhance legal compliance
Provides ongoing advice to Managers and business lines regarding general legal and contract specific issues and risks
Participates in structuring, negotiating and drafting of general business transactions (ranging from standard contracts to complex, high-dollar value transactions)
Trusted legal advisor to business senior leadership team
Escalates significant legal and regulatory compliance risk issues as appropriate
Focuses on appropriate talent utilization and supports career development of team members
Coordinates with the Legal Leadership team and other COLA groups to provide seamless advice to leadership and the portfolio businesses