Work Location:
Mount Laurel, New Jersey, United States of America
Hours:
40
Pay Details:
$140,000 - $231,000 USD
TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.
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:
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
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:
- 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
Physical Requirements:
Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
- Domestic Travel – Occasional
- International Travel – Occasional
- Performing sedentary work – Continuous
- Performing multiple tasks – Continuous
- Operating standard office equipment - Continuous
- Responding quickly to sounds – Occasional
- Sitting – Continuous
- Standing – Occasional
- Walking – Occasional
- Moving safely in confined spaces – Occasional
- Lifting/Carrying (under 25 lbs.) – Occasional
- Lifting/Carrying (over 25 lbs.) – Never
- Squatting – Occasional
- Bending – Occasional
- Kneeling – Never
- Crawling – Never
- Climbing – Never
- Reaching overhead – Never
- Reaching forward – Occasional
- Pushing – Never
- Pulling – Never
- Twisting – Never
- Concentrating for long periods of time – Continuous
- Applying common sense to deal with problems involving standardized situations – Continuous
- Reading, writing and comprehending instructions – Continuous
- Adding, subtracting, multiplying and dividing – Continuous
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.
