Managing Counsel - Financial and Regulatory Services

Toyota North America; Plano (TX); On-site; USD 190,000 - 230,000; Full time

Benefits offered by this job

Team Member Vehicle Purchase Discount

Toyota 401(k) with company match

Comprehensive health care and wellness

Job summary

Toyota Financial Services in Plano, TX seeks a Managing Counsel - Financial and Regulatory Services to partner with business teams, monitor regulatory changes, and guide compliant financing and insurance programs. This role reports to the Chief Legal and Compliance Officer and is based in Plano with residency within commuting distance.

The ideal candidate holds a JD, is admitted to the Texas bar, and brings substantial regulatory experience across fleet, financing, and dealer lending.

Qualifications

• Juris Doctorate from an accredited law school.
• Admission to a U.S. state bar and license to practice in Texas.
• Legal experience in a highly regulated environment.

Responsibilities

• Deliver timely, accurate legal advice to business partners.
• Monitor regulatory developments in automotive financing, insurance, and products.
• Review policies, forms, and agreements for compliance with federal/state law.
• Lead cross-functional teams in governance and risk matters.
• Provide input on new products and private label initiatives to ensure compliance.

Skills

Legal experience

Regulatory guidance

Microsoft Office

Education

Juris Doctorate (JD)

Tools

Microsoft Office

Job description

Who we are

Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world’s most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We’re looking for talented team members who want to Dream. Do. Grow. with us.

Overview

Who we areCollaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world’s most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We’re looking for talented team members who want to Dream. Do. Grow. with us.An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company- delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best-in-class customer experience in an innovative, collaborative environment.Toyota does not offer support or sponsorship of job applicants for employment-based visas or any other work authorization for this role now or in the future. You must have the right to work in the United States and not require Toyota support or sponsorship for immigration-related employment (e.g., H-1B, O-1, E-3, H-1B1, TN, F-1 OPT, F-1 STEM OPT, F-1 CPT, ‘job flexibility benefits’ [also known as I-140 or Adjustment of Status portability], etc.) now or in the future. You should not apply for this role if you will require Toyota to assist with immigration support or sponsorship now or in the future.

Who We’re Looking For

The LegalDepartment for Toyota Financial Services is looking for a passionate and highly motivated Managing Counsel - Financial and Regulatory Services. Reporting to the Chief Legal and Compliance Officer, the Managing Counsel will serve as a strategic partner across a broad range of functions, including fleet, vehicle financing, optional products, insurance, and dealer lending. This role will provide legal and compliance guidance to business partners across Toyota Motor Credit Corporation and its subsidiaries and affiliates, with a focus on monitoring statutory and regulatory changes to ensure timely, complete support for existing operations and new business initiatives. The ideal candidate will provide sound legal advice, assess risk, lead key initiatives, and collaborate across the organization to support business objectives while helping drive compliance and mitigate risk.This position is based in Plano, Texas. The selected candidate will be expected to reside within commutable distance of this location.

What You’ll Be Doing

Legal and Regulatory Counsel

• Deliver timely, accurate, and effective legal advice to business partners.
• Monitor and implement legal and regulatory developments in automotive financing, insurance, and voluntary protection products.
• Review and assess business practices, proposals, forms, policies, procedures, agreements, and concept papers for compliance with federal and state laws and regulations.
• Communicate legal conclusions and recommendations clearly and persuasively across written, verbal, and meeting settings.
• Conduct regulatory reviews of complex and strategic transactions, including participation in compliance workstreams and negotiations.
• Provide early-stage legal input on the development of new or expanded products, programs, and services to help ensure compliance by design.

Strategic Business Partnership and Enterprise Support

• Partner closely with Enterprise Compliance across areas of responsibility.
• Support Enterprise Compliance with eGRC and Authoritative Sources.
• Represent the Legal Department in cross-functional teams and task forces supporting new business and legal initiatives across fleet, vehicle financing, optional products, insurance, and dealer lending.
• Advise on pilots, strategic initiatives, and private label opportunities within the mobility finance space.
• Contribute to long-term and scaling strategy for strategic initiatives

Governance, Examinations, and Risk Support

• Support regulatory examinations, investigations, and litigation matters as assigned.
• Advise on and support corporate governance activities for Toyota Motor Credit Corporation and Toyota Financial Services International Corporation, including board and shareholder meetings, consents, minutes, governance policies, and financial reporting governance matters.
• Partner with cross-functional teams to develop governance practices and recommendations that align governance requirements with business objectives.

What You Bring

• Education: Juris Doctorate from an accredited law school
• Admission to any U.S. state bar, in good standing, and able to obtain license to practice law in Texas
• Legal experience in a highly regulated environment.
• Skills/Hands on Technical proficiency: Microsoft Office and related products

What We’ll Bring

• A work environment built on teamwork, flexibility, and respect
• Professional growth and development programs to help advance your career, as well as tuition reimbursement
• Team Member Vehicle Purchase Discount
• Toyota Team Member Lease Vehicle Program (if applicable)
• Comprehensive health care and wellness plans for your entire family
• Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute (if applicable)
• Paid holidays and paid time off
• Referral services related to prenatal services, adoption, childcare, schools and more
• Tax Advantaged Accounts (Health Savings Account, Health Care FSA, Dependent Care FSA)

Belonging at Toyota

Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star.

Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.

Have a question, need assistance with your application or do you require any special accommodations? Please send an email to [e-mail].