Work Location:

New York, New York, United States of America

Hours:

40

Line of Business:

TD Securities

Pay Detail:

$170,000 - $208,000 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.

Job Description:

Position:  Director & Counsel, U.S. Tax Planning, TD Bank, New York

Specific business/product groups:        TD Bank Group  

                                                                    

Reports to:                                                T. Daris Isbell, VP, Head of U.S. Tax

Position Summary

The Director & Counsel, U.S. Tax Planning is responsible for:

End-to-end tax planning across the organization, from initial structuring to implementation

Providing U.S. federal tax advice to partners in both the Wholesale and Retail business segments, including in areas such as section 265, section 871(m), tax treaties, structured notes, BEAT, Pillar 2, REIT compliance, branch taxation issues

Providing tax advice with respect to new financial products and business activities

Drafting file memos and documenting tax positions for audit preparedness

Providing tax counsel to the corporate tax compliance and tax audit functions

Monitoring and assessing the impact of new and proposed legislation, regulatory activity, and tax guidance

Advising on the tax aspects of corporate development projects and collaborating with external tax advisors (e.g., M&A)

Assisting Documentation teams reviewing tax provisions in agreements such as ISDAs, GMRAs, and GMSLAs

Advising on entity optimization and structuring

Preferred Qualifications:

Juris Doctorate

5+ years of experience in a corporate tax environment (in-house or at a law firm/Big 4)

Excellent tax technical knowledge and research skills

Strong analytical thinking

Solid legal writing and verbal communication skills

Sound judgment and decision-making abilities

Ability to work well on a team

Solid organization and project management skills

Experience with financial products is a plus

The Director, Specialized Finance Manager, TDS provides top technical expertise for overall functional area and provide guidance and advisory support to others as needed. 

Accountable for leading or conducting expert analysis / research, reviews to support functional goals / objectives.

Depth & Scope:

Recognized as top level expert within the company and requires significant breadth of expertise in their complex field and knowledge of broader related areas

Senior specialist providing advisory support within area of domain expertise to executives, business segment leaders

Accountable for own work and sometimes others; acts as an escalation point or knowledge resource for others in their own area

Integrates knowledge of the enterprise function’s or business segment’s overarching strategy in leading program design, policy formulation or operating standards within one or more areas of expertise

Anticipates emerging business trends and regulatory/risk issues as a basis for recommending large-scale product, technical, functional or operations improvements

Serves as a source of expert advice to team in field of specialty; may indirectly provide guidance to others

Advises on execution strategy and leads the development and deployment of functional programs or initiatives within their own field or across multiple specialties

Solves unique and ambiguous problems with broad impact; typically oversees standards, controls and operating methods that have significant financial and operational impact within the context of their own field

Requires innovative thinking to develop new solutions

Engages stakeholders to act; serves as a source of expert advice, influences change; frames information in broader context

Provides guidance, makes recommendations and collaborates with business to ensure solutions meets the business needs on projects / programs

Identifies and leads problem resolution for project/program complex related issues at all levels

Education & Experience:

Undergraduate degree and/or

10+ years of relevant experience preferred

Accounting, financial or relevant professional designation preferred

Customer Accountabilities:

Focuses on comprehensive reviews, specialized analysis, audits and/or initiatives and a variety of complex projects and initiatives requiring seasoned specialist knowledge and/or the integration of cross functional processes within own area of expertise

Facilitates integration of several key functional areas and/or business lines in dealing and solving highly complex financial management/ specialized accounting / taxation / audit / regulatory reporting and operational issues

Acts as the primary interface with Finance partners /leaders and external parties

Acts as key contact and expert within area of expertise for the development, design and delivery of effective accounting/ taxation processes, policies, programs and advice

Maintains awareness of changing legal/regulatory requirements and practices within the industry and consults with policy/process owners within Accounting/ Taxation to ensure compliance

Engages, manages and influences internal/external cross-functional partners to develop/deliver integrated solutions

Accountable for the development and delivery of broad enterprise wide accounting/ taxation policies and initiatives, which may have significant regulatory components

Creates business cases and innovative recommendations

Executes on diverse and complex policies, implements and develops activities and tools for businesses. Supports financial strategy and management activities

Shareholder Accountabilities:

Adheres to enterprise frameworks or methodologies that relate to activities for our business area

Ensures respective programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities

Consistently exercisse discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate

Ensures business operations are in compliance with applicable internal and external requirements ( e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)

Participates in cross-functional / enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations

Conducts internal and external research projects; supports the development/ delivery of presentations / communications to management or broader audience

Conducts meaningful analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/ policies/ practices

Monitors service, productivity and assesses efficiency levels within own function and implements continuous process / performance improvements where opportunities exist

Leads / facilitates and/or implements actions / remediation plans to address performance / risk /governance issues

Actively manages relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements

Keeps abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts

Maintains a culture of risk management and control, supported by effective processes in alignment with risk appetite

Employee/Team Accountabilities:

Participates fully as a member of the team, supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/ points of interest

Provides thought leadership and/ or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit

Keeps current on emerging trends/ developments and grow knowledge of the business, related tools and techniques

Participates in personal performance management and development activities, including cross training within own team

Keesp others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities

Contributes to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.

Leads, motivates and develops relationships with internal and external business partners / stakeholders to develop productive working relationships.

Contributes to a fair, positive and equitable environment that supports a diverse workforce

Acts as a brand ambassador for your business area/function and the bank, both internally and/or externally

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

Domestic Travel – Occasional

International Travel – Never

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.

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

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
 

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

TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email 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 applicant process.