Sr Counsel, Bank Regulatory

363217BR
Legal Services / Counsel
Washington, DC
May 10, 2022

Company Overview

About TD Bank, America’s Most Convenient Bank®

TD Bank, America’s Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US.

TD Bank, America’s Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol “TD”. To learn more, visit www.td.com.

Department Overview

The Senior Counsel, U.S. Regulatory will be a member of the U.S. Bank Regulatory team reporting to the Managing Counsel, Legal Regulatory. The U.S. Regulatory team provides legal advice and support to TD’s U.S. Corporate and Control functions on prudential bank regulation, applications and approvals, investments, AML/OFAC compliance, and related regulatory matters.

• Provides legal counsel and support to the Bank and its U.S. affiliates on prudential regulatory matters.
• Monitors relevant legislation, regulation, and supervisory guidance; assesses impact to the Bank; and partners with relevant Control Functions and business partners to coordinate Bank responses and/or implementation strategies

Job Description

May manage paralegal and administrative staff, assigning responsibilities and evaluating results
Provides leadership, coaching, counseling and guidance to staff
Supervises external counsel providing advice or other legal services of the Company
Works closely with General Counsel, department attorneys and external legal counsel on specific legal issues related to the Company’s business
Gives practical support and assistance to contemporaries, junior attorneys and staff
Volunteers expert advice and experience
Verifies the information has been understood
Serves in one or more permanent or ad hoc practice groups or cross-practice teams of attorneys and staff
Assists in the management of expenditures for external counsel
Advises lines of business on best practices that help minimize legal and litigation risk
May assist General Counsel in developing and managing departmental budget for both internal and external legal spend
Anticipates client needs
Deals with complex legal issues
Clearly delivers difficult messages without jeopardizing client relationships
Gives pragmatic legal opinions with reasons and rationale
Provides advice in ambiguous situations; identifies and prevents future legal risks
Identifies and takes action on future opportunities
Resolves most situations where conflicts arise between the needs and desires of specific business units and the interests of the Company without requiring intervention of more senior attorneys
Demonstrates highest professional ethical and behavioral standards and complies with all applicable Bar Rules and Codes of Professional Responsibility, and corporate ethical and behavioral standards
Participates in special projects and performs additional duties as required

Requirements

Bachelors degree required
J.D. from an Accredited Law School required
10+ Years of related experience
Strong knowledge of at least one area of law relating to banking/financial services operations and issues
Integrity and high moral standards
Strong negotiation and conflict resolution skills
Strong legal and analysis skills
Detail oriented
Must be able to apply legal knowledge to the business
Ability to exercise sound judgment
Strong interpersonal skills
Excellent oral and written communication skills
Strong teamwork and client skills
Highly motivated
Ability to provide difficult, complex and unwelcomed legal advice credibly and convincingly to management
Strong technology aptitude including i) proficiency with standard office software and ability to learn and apply new technologies in work environment and ii) capacity to understand current and emerging technologies in the industry and how they affect business objectives
Ability to identify problems and barriers, and effectively implement solutions to advance business strategy
Operates with creativity and innovation; seeks different perspectives and new ideas
Ability to work in a fast-paced environment and manage multiple deadlines and priorities
Understands the value of knowledge management , builds and supports systems and tools that efficiently connect people to the knowledge they need to do their job

Highly preferred Skills & Experience:

• Substantial knowledge and depth of experience in laws and regulations relating to prudential regulation of bank holding companies, IDIs and their subsidiaries

• Familiarity with Reg Y, Reg YY, Reg W, permissible activities and investments for national banks

  • Must be eligible for employment under regulatory standards applicable to the position.
  • Hours

    40

    Inclusiveness

    At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.

    If you are a candidate with a disability and need an accommodation 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.

    EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.