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.

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.

• 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 structurin