Managing Counsel - Financial and Regulatory Services

TCC Toyota Motor Credit Corporation Company; Plano (TX); On-site; USD 160,000 - 230,000; Full time

Benefits offered by this job

Tuition reimbursement

Vehicle purchase discount

401(k) Savings Plan with company match

Comprehensive health care and wellness

Job summary

TCC Toyota Motor Credit Corporation Company seeks a Managing Counsel - Financial and Regulatory Services in Plano, TX. You will deliver timely legal advice to business partners, monitor regulatory changes in automotive financing, insurance and optional products, and review practices for compliance.

The role requires a JD, Texas licensure, and strong experience in regulated environments; you’ll work with cross-functional teams to support new initiatives and governance efforts.

Qualifications

• JD from an accredited law school
• Bar admission in good standing in any US state; license to practice in Texas
• Legal experience in a highly regulated environment

Responsibilities

• Deliver timely, accurate legal advice to business partners across Toyota Financial Services.
• Monitor and implement regulatory developments in automotive financings, insurance, and related products.
• Review contracts, forms, policies, procedures and agreements for compliance with laws.
• Provide clear legal conclusions across written and verbal settings; lead compliance workstreams.
• Support governance activities and regulatory examinations as assigned.
• Partner with cross-functional teams to develop governance practices aligned with business goals.

Skills

Regulatory compliance

Legal analysis

Cross-functional collaboration

Microsoft Office

Education

Juris Doctorate (JD)

Bar admission (US state)

Tools

Microsoft Office

Job description

Overview

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. 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

• 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.
• 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.
• 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

During your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include:

• 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.

Career Possibilities

At Toyota, we don’t just have a vision, but a group of talented, dedicated people who work hard every day to turn that vision into reality. Our mission is to build a future where everyone has the freedom to move. We believe that nothing is impossible. We have big dreams and persevere through any obstacles. We work together to create the future of mobility and make the world a better place.

Career Possibilities: Toyota is a place for people who dream big and are determined to make those dreams a reality. We encourage innovation and look for people who will challenge the status quo in order to make the world a better place. We thrive on teamwork and collaboration and know diverse backgrounds, experiences and perspectives are not only the right thing for our people, they are a business imperative. Together, we’re empowered to forge our own paths — to be agile, curious and embrace a growth mindset and immerse ourselves in situations to gain new perspectives and to inspire bold, innovative ways of thinking and working. Our success as a company is directly tied to our team members’ success, and our collective ability to give back to society through an unwavering commitment to delight our customers and make people’s lives better. If you want to be part of the next-generation of innovations that help keep the world moving, then join us. And let’s start our impossible, together.