Senior Counsel, Canadian Banking
Work Location
Toronto, Ontario, Canada
Hours:
37.5
Line of Business:
Legal
Pay Details:
165 000 $/$165,000 - 210 000$/$210,000 CAD
The pay details posted reflect a temporary market premium specific to this role that is reassessed annually.
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.
Job Description:
Department Overview:
TD Legal is dedicated to providing industry-leading strategic legal advice and risk-calibrated counsel to all TD business segments and corporate functions. Collaborating with talented colleagues and partners in a variety of legal specializations, members of TD Legal have the chance to develop their skills every day. From mentorship and training programs to leadership development, we will help you realize your full potential and achieve your career goals.
Canadian Banking:
Canadian Banking is comprised of TD's Canadian personal banking and business banking segments and is the engine of TD Bank representing over 35% of the bank's revenues. Our dynamic, talented and collegial team of legal professionals provide advice about a wide range of legal issues in Canadian Banking. We are a results-driven, high-performing team and in this role, you will have the opportunity to support multiple business teams and stakeholders across the enterprise, delivering strategy, risk mitigation, and legal guidance.
Role Overview & Key Responsibilities:
The Senior Counsel, Canadian Banking, provides legal advice and manages legal risk relating to emerging and evolving banking products and services within the Canadian Banking businesses. You will:
- Provide legal advice on the design, launch and evolution of emerging banking products and services (including digital platforms, digital assets, embedded banking and payments), ensuring alignment with existing and emerging laws and regulations, and internal risk frameworks
- Partner with product, technology, compliance and other risk and control functions to structure innovative solutions in a manner that balances client experience, speed-to-market, and regulatory compliance
- Think innovatively about product development and enhancements, services delivery and advice-giving
- Be adaptable to change and comfortable navigating ambiguity
- Guide development of product-related legal documentation, disclosures, and customer terms to ensure clarity, transparency and regulatory compliance
- Provide risk-calibrated legal advice that meets business objectives within risk appetite
- Simplify complex and novel legal problems into concepts that colleagues can understand
- Identify issues and provide practical insight into risks to assist colleagues in making decisions
- Build an understanding of colleagues' roles and accountabilities to recognize opportunities to use legal expertise to contribute to business solutions and enable business strategy
- Mentor and provide leadership and guidance to other legal team members on emerging product-related issues and best practices
- Anticipate the information needs of business partners
- Establish systematic approaches to legal advice and communication
- Deliver difficult messages without jeopardizing relationships
- Escalate issues as appropriate
Core Accountabilities
- Senior specialist role with principal accountability in the areas of strategic and tactical advice, counsel, influence, relationships and oversight, development of others, and special projects
- Recognized as a subject matter expert with significant in-depth and/or breadth of expertise in a complex field and knowledge of broader related areas
- Key relationships are management and senior management
- Lead in complex, sensitive, and ambiguous situations
- Give advice and support to other counsel
- Integrate legal and business needs to identify the need for appropriate policies and procedures within own area.
- Strong relationship management capabilities
- Engage stakeholders and apply influence to drive strategic initiatives, planning and/or integrating executional activities
- Anticipate and frame emerging business trends and risk issues in the broader organizational context as a basis for recommending large-scale product, technical, functional or operations improvements
- Serve as a source of expert advice to senior management in field of specialty
- Provide leadership guidance, make recommendations and collaborate with business to ensure solutions meet the business needs on a complex project or program
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 a Canadian province
- 10+ years relevant experience
Skills & Competencies
- Apply legal knowledge to the business
- Ability to simplify, problem solve, multitask and work effectively against deadlines
- Excellent oral and written communication skills
- Detail oriented but able to see the bigger picture
- Integrity and high moral standards
- Ability to exercise sound judgment
- Strong teamwork and client skills
- Highly self-motivated, resilient and change-oriented
- Innovative and optimistic
- Effectively supervise, develop and lead other team members
Who We Are
Not included in the source posting: what you'll do, benefits.
Who can apply
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