Overview
Consultant, Professional Practice Group Jobs in Toronto, Canada at The Toronto-Dominion Bank (Canada)
Description
Reporting to the Senior Manager, Business Risk Management, the Consultant will provide specialized legal and practical guidance and support to the Private Trust business. This position supports Private Trust employees in the 17 branch locations across Canada with the day-to-day decisions required in the business to meet its fiduciary requirements as executor, attorney under a power of attorney for property, or in its capacity as a trustee.
These decisions need to be supported by a sound understanding of the legal requirements and assessment of risk balanced by practical realities. This position will also support the PPG team with the ongoing updating and enhancing of policies, researching of a wide variety of topics to answer questions, reporting requirements and assist with ad hoc projects as they arise (e.g. changes in legislation).
Specific areas of responsibility include:
Legal – Decision-Making
Act as a member of Regional Discretionary Powers Committee
Support the field on fiduciary decisions
Evolve best practices for making informed, quality decisions
Legal – Documentation Review
Review legal documentation relating to PT files (e.g. settlement agreements, notices of application, draft orders, management plans, affidavits, legal opinions)
Review documentation relating to potential new business (e.g. escrow agreements, Indigenous Trust Services deeds, blind trust deeds)
Review service agreements, fee schedules, and internal forms/letters/checklists
Governance/Regulatory/Monitoring and Surveillance
Maintain relationships with Compliance, Legal, Governance and Control
Internal regulatory licensing requirements, as needed (e.g. notarial signing)
Assist with monthly Business Risk Meeting with control partners
Prepare and communicate regular reporting requirements to key stakeholders
Stay abreast of legislative changes and industry practices impacting the business through industry blogs and bulletins, continuing legal education webinars and via Legal and Compliance
Policy Management
Review and ongoing updating of policies according to schedule
Work with Governance & Control and other required parties for approval of policy changes
Record retention policy
Special Projects
Handle ad hoc requests as they arise
Job Requirements
Experience in an estate and trust environment
Experience dealing with matters of a legal nature
Strong analytical and critical thinking ability
Excellent communication skills, both verbal and written
Ability to work as part of a team as well as the confidence to work independently with minimal oversight
Ability to critically identify and assess fiduciary risk
Comfortable in working with senior management and other external departments e.g. Legal, Compliance
Ability to deliver prompt, practical and risk appropriate decisions, recommendations and solutions
Strong attention to detail
Ability to review legislation and regulation and undertake legal research
Self-motivated and resourceful
Ability to develop external networking relationships and represent the trust company within the industry
Who We Are:
TD is one of the world’s leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience.
TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.
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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and…
Title: Consultant, Professional Practice Group
Company: The Toronto-Dominion Bank (Canada)
Location: Toronto, Canada
Category:
