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Salary
$140k – $231k per year
Location
In office (Washington, New York, Wilmington, United States)
Seniority
Senior · 5+ years exp
Employment
Full-Time
Overview
Company
Impact
Profile match
Headquartered in Toronto, Ontario, Canada, Layer 6 AI is an artificial intelligence research laboratory and engineering organization operating as the AI center of excellence for TD Bank Group. Founded in 2016 and acquired by TD Bank in 2018, the company develops and deploys enterprise-grade deep learning, generative AI, and time-series forecasting models across retail banking, wealth management, and financial operations.

Work Location:

Washington, District of Columbia, United States of America

Hours:

40

Pay Details:

$140,000 - $231,000 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.

Line of Business:

Legal

Job Description:

The Counsel provides legal advice and support to management and employees in Corporate Group functions and Business units. Functions as a legal resource focusing on one or more defined subject matters and/or specific businesses. Typical tasks include managing litigation, negotiating contracts, assisting the Business with product roll-outs, and advising the Business regarding regulatory developments. Responsible for anticipating and addressing potential legal risks. Relies on legal skills, experience and judgment to accomplish goals.

Department Overview:

We are seeking a candidate with a strong foundation in U.S. privacy and cybersecurity law and basic fluency in artificial intelligence (AI) concepts and technology. Experience in the financial sector is a plus.This role involves assessing and advising on laws, rules, regulations, and policies related to data management and security; infrastructure and software development; and the use of AI. In addition, the role will be involved in cybersecurity incident response.

The ideal candidate has experience collaborating with and advising cross-functional teams (e.g., Privacy Office, Product Legal, Marketing, Data, Regulatory, and Platforms and Technology) and a strong understanding of AI-, privacy-, and cybersecurity-related risks. The candidate should also be able to provide legal support on incident response, privacy impact assessments, and agreements that include privacy provisions.

Depth & Scope:

  • Provides consistent and sound legal advice in a clear, concise and responsive manner by taking initiative to develop legal knowledge and skill; knowing relevant substantive law, identifying legal issues; knowing the business and its products, operations, strategy, risk appetite and regulatory environment; owning the role of interpreting legal requirements through a balanced understanding of the law and business context to formulate relevant legal theories; and identifying business issues and policies related to the legal requirements, describing legal issues and options to the client
  • Identifies conflict situations and brings more senior lawyers into the decision-making process as appropriate by identifying situations when actions that the business unit wants to take conflicts with TD's risk appetite and discusses with client how particular actions might be inconsistent

  • Effectively contributes to and/or leads negotiations and conflict resolutions by gathering supportive information in preparation for the negotiation, understanding the dynamics of the process and displaying an effective combination of firmness, tact, patience and respect in dealing with all parties involved

Education & Experience:

  • Bachelors degree required

  • JD from accredited law school required

  • 5+ Years of related experience

  • Admission to appropriate State Bar in good standing and licensed to practice law in the State

  • Basic understanding of banking/financial services operations and issues

  • Ability to simplify, problem solve, multitask and work effectively against deadlines

  • Integrity and high moral standards

  • Strong negotiation and conflict resolution skills

  • Strong legal research and analysis skills

  • Detail oriented

  • Must be able to apply legal knowledge to the business

  • Ability to exercise sound judgment

  • Excellent oral and written communication skills

  • Strong teamwork and client skills

  • Highly motivated

  • May supervise administrative and paralegal staff and junior attorneys

Preferred Experience:

  • Knowledge of emerging AI capabilities, including machine learning (ML), large language models (LLMs), and related technologies

  • Interest and/or experience assessing and advising on AI legal and regulatory developments (e.g., the NIST AI Risk Management Framework and state AI and automated decision-making laws)

  • Interest and/or experience advising on the legal aspects of incident response

  • Knowledge of privacy and data protection risks associated with AI systems and use cases

  • In-house experience at an AI, technology, fintech, or financial services company

  • Experience reviewing and negotiating privacy and cybersecurity provisions

  • Experience with GLBA, TCPA, CAN-SPAM, NYDFS Part 500, the Computer-Security Incident Notification Rule, and state privacy laws

  • Experience partnering with technical teams and providing practical, risk-based legal advice

  • Strong issue-spotting skills and the ability to assess and manage complex legal matters

  • Experience supporting compliance, audit, and other detail-oriented legal programs

  • Ability to quickly analyze dynamic issues and propose practical solutions

  • IAPP CIPP/US and AIGP certifications are a plus

Physical Requirements:

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

  • Domestic Travel - Occasional

  • International Travel - Occasional

  • 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 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 base salary and variable compensation/incentiveawards (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.

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 & 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 [email protected]. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.

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