Work Location:Mississauga, Ontario, Canada
Hours:37.5
Line of Business:Legal
Pay Details:$165,000 - $210,000 CAD
The pay details posted reflect a temporary market premium specific to this role that is reassessed annually.
Job Description:Role Overview & Key Responsibilities:The Senior Counsel, Secured Recovery, is responsible for supporting recovery of mortgages and other secured lending products, as well as providing strategic and legal advice to the business on such matters.
This role requires strong judgment, the ability to navigate ambiguity, and a focus on enabling business outcomes within TD's risk appetite. The successful candidate will work closely with Customer Assistance- Mortgage Recovery Unit and other risk partners and stakeholders to support secured recovery portfolio across Canada. You will:
- Provide risk-calibrated legal advice that enables business strategy while managing legal risk
- Deliver clear and direct guidance, including on sensitive or high-risk matters
- Translate complex legal issues into clear, practical guidance for business partners
- Influence decision-making in complex and ambiguous situations
- Identify emerging risks, regulatory developments, and industry trends, and proactively advise on impacts
- Build strong, trusted relationships with senior stakeholders across Legal, Risk, and the business
- Support and mentor other counsel; contribute to team development and culture
- Drive innovation in legal processes, including leveraging technology and new ways of working (e.g., co-pilot)
Core Accountabilities:- Act as a subject matter expert in secured product recovery and mortgage-related legal frameworks
- Provide advice on reputational risk, litigation and disclosure issues for Canada wide enforcement files
- Provide legal advice, support and oversight for the Customer Assistance business and control partners in secured recoveries, projects, initiatives, and litigation.
- Manage all issues relating to TD's portfolio of real estate secured enforcement in Ontario including carriage of real estate secured enforcement files, managing external counsel, title issues, and real estate sales within mortgage enforcement process.
- Outside of Ontario, assist the business in managing external counsel and escalations, including approving budgets and billing
- Provide direction and guidance to law clerks and legal assistants handling secured product recovery matters
- Provide advice to other members of the Legal Department and businesses across TD with respect to contractual interpretation and drafting, pre-litigation dispute resolution and litigation risk analysis with respect to secured product recovery.
- Provide guidance on processes and documentation as the collections processes evolve, with a focus on regulatory and statutory compliance.
- Provide guidance and advice to Customer Assistance regarding external vendor contracts.
- Strengthen stakeholder engagement and drive alignment across functions
- Serve as a source of expert advice to senior management in field of specialty; may lead team(s) of related specialists/experts
- Provide leadership guidance, make recommendations and collaborate with business to ensure solutions meets the business needs on a complex project or program
- Build and maintain positive working relationships by effectively communicating and regularly sharing information, learnings, and knowledge with internal and external business partners and external stakeholders
Qualifications:- Undergraduate degree or relevant professional certifications, designations, or equivalent required (JD/LLB)
- Admission to the Bar in good standing and licensed to practice law in Canada
- 8+ years relevant experience
Skills & Competencies:- Well-developed understanding of the Mortgages Act, the Land Titles Act, the Residential Tenancies Act, Teraview, title insurance, real estate conveyancing, Power of Sale & Foreclosure process, and real estate enforcement litigation in Ontario
- Strong business judgment with a solutions-oriented mindset
- Ability to balance risk and opportunity in a fast-paced environment
- Excellent communication skills, with the ability to influence senior stakeholders
- Strategic thinker with strong problem-solving capabilities
- Detail oriented but able to see the bigger picture
- Highly self-motivated, resilient and change-oriented
- Innovative and optimistic
- Effectively supervise, develop and lead other team members
Our Total Rewards PackageOur 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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more
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.
Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.
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.
If you're passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.
We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.
Training & OnboardingWe 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 Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!
Language Requirement (Quebec only):Sans Objet
