TD Bank Jobs

Job Information

TD Bank Counsel - Credit Cards & Unsecured Lending in Farmington Hills, Michigan

Work Location:

Wilmington, Delaware

Hours:

40

Pay Details:

$140,000 - $231,000 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Legal

Job Description:

Department Overview:

As part of the Legal Department, the Senior Counsel is at the center of keeping TD Bank strong and resilient, all while enabling responsible growth.

You will provide oversight, legal advice, and support to TD's US Credit Cards and Unsecured Lending (CCUL) lines of business. You will use your expert judgement to provide solution-oriented legal guidance regarding the bank's consumer lending products, operations, and processes. You may also, directly and indirectly through external counsel, support business development teams and the management of legal and contractual requirements for CCUL's merchant partner relationships. You will be a trusted advisor to product owners and risk stakeholders.

Job Summary:

The Counsel provides legal advice and support to management and employees in Corporate Group functions and Business units. Functions as a legal resource focusing on one or more defined subject matters and/or specific businesses. Typical tasks include managing litigation, negotiating contracts, assisting the Business with product roll-outs, and advising the Business regarding regulatory developments. Responsible for anticipating and addressing potential legal risks. Relies on legal skills, experience and judgment to accomplish goals.

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

Education & Experience:

  • 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

  • May supervise administrative and paralegal staff and junior attorneys

Preferred Qualifications:

  • Prior in-house experience at a nationally or state-chartered bank, consumer finance company, fintech company, payment processor or network, or large retailer with a consumer credit program.

  • Prior experience advising on both product and regulatory legal considerations, as well as exposure to transactional issues, for private label, co-brand, and point-of-sale financing programs, such credit cards, installment lending, or buy-now pay-later products.

  • Prior experience developing and updating template agreements, as well as advising on related business policies and procedures.

  • Detailed knowledge of and experience with the Truth-in-Lending Act (TILA), Equal Credit Opportunity Act (ECOA), Unfair Deceptive and Abusive Acts and Practices (UDAAP), and other laws and regulations related to consumer credit.

  • Familiarity with OCC Bulletin 2023-17 and the Interagency Guidance on Third-Party Risk Management, particularly as it relates to expectations with contractual obligations.

  • Familiarity with bank and financial institution risk management organizations and processes, and a demonstrated ability to work closely with compliance teams, risk stakeholders, and other internal lawyers.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. 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. Learn more (http://hrportal.ehr.com/tdtotalrewards)

Additional Information:

We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

Training & Onboarding

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process

We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.

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