Attorney - Global Banking

Bank of America•Charlotte, NY

1d•Onsite

About The Position

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Requirements

Familiarity with fixed income derivatives products
Familiarity with futures clearing, treasury clearing and FCM regulations and documentation.
Experience with US CFTC and SEC rules
Candidate should be a self-starter, quick learner and must be able to work independently and proactively.
Candidate should be someone who can handle multiple complex assignments and navigate a large institution.
Advisory
Influence
Interpret Relevant Laws, Rules, and Regulations
Policies, Procedures, and Guidelines
Risk Management
Critical Thinking
Decision Making
Issue Management
Legal Drafting and Writing
Regulatory Compliance
Attention to Detail
Collaboration
Executive Presence
Legal Structures and Legal Forms
Problem Solving

Nice To Haves

4 years plus experience at major law firm, bank, or similar institutional experience.
Familiarity with some institutional broker-dealer and banking businesses and products.

Responsibilities

Drafts, reviews, negotiates, and advises on ISDA Master Agreements, Credit Support documentation, risk participation arrangements, bespoke transaction confirmations and ancillary documentation supporting the Rates and Foreign Exchange businesses
Provides legal advice regarding licensing, documentation, and transaction structuring matters supporting the U.S. and Latin America Rates and FX businesses
Advises on regulatory requirements applicable to swap dealer, securities-based swap dealer, futures, and clearing activities, including rules administered by the Commodity Futures Trading Commission, National Futures Association, Securities and Exchange Commission, and Financial Industry Regulatory Authority
Supports the development and implementation of U.S. Treasury clearing and other fixed income clearing initiatives
Works closely with Legal, Compliance, Risk, Credit, and business partners globally to support fixed income derivatives and clearing activities
Analyzes legal issues and implications on products, services, and regulatory matters related to the Global Banking and Global Markets businesses
Communicates clear, concise, actionable, and business-informed legal advice, including occasionally to leadership
Drafts, reviews, and negotiates complex legal documents and legal opinions related to derivatives, clearing, and capital markets activities
Directs the work of outside legal counsel and may coordinate the work of other Legal staff such as Paralegals and trains, mentors, or supports the development of peers