Attorney - Consumer Banking

Job Description:

JOB DESCRIPTION:

Candidate will join the Fair and Responsible Banking legal team, providing legal support on fair lending & banking/anti-discrimination, UDAAP, and/or Community Reinvestment Act (CRA) requirements across the enterprise.  Provide ongoing practical legal advice, counsel, and advocacy in the team’s coverage areas, including:  interpreting current and proposed laws and regulations as applicable to all aspects of the product lifecycle, customer treatment, models and data use, channel strategy, and marketing;  identification and appropriate mitigation of risk, including supervision and evaluation, under attorney-client privilege, of testing and monitoring and internal reviews; and supporting company responses to government agency examinations and investigations, enforcement actions, private complaints, and litigation.

REQUIRED SKILLS AND EXPERIENCE:

• Juris Doctor degree and licensed in good standing to practice law in at least one state in which Bank of America does business
• 10 or more years of relevant experience as an attorney in a law firm, government agency, or in-house environment
• Significant experience with anti-discrimination and consumer protection laws and regulations, including relevant federal/state/local fair lending & banking laws (e.g., Equal Credit Opportunity Act, Fair Housing Act, Home Mortgage Disclosure Act, and/or Community Reinvestment Act) and/or UDAAP/UDAP laws

DESIRED SKILLS AND EXPERIENCE:

• Relevant experience working in a government regulatory or enforcement agency
• Demonstrated excellent written and verbal communication and interpersonal skills; executive presence when dealing with high-level business leaders
• Excellent issue spotting, risk assessment, research, and problem-solving/analytical skills; ability to quickly identify key issues, separate the noise, and provide practical advice and solutions
• Ability to work closely with other lawyers, compliance and risk professionals, etc., in a collegial and cooperative manner
• Excellent organizational/project management skills and attention to detail
• Initiative and strong work ethic (self-starter); ability to work independently
• Client focused, emphasis on prompt delivery of quality services
• Flexibility and adaptability when faced with changing conditions or priorities in a fast-paced environment
• Experience with any/all of the following:
  • Federal administrative rulemaking processes and interpreting new regulatory requirements
  • Administrative fair housing complaints filed with HUD and/or substantially equivalent agencies
  • Statistical analysis and/or algorithmic models, particularly in the fair lending/anti-bias context
  • Managing the work of investigators, paralegals, and/or other professionals
  • Banking regulator supervisory examinations
  • Supporting targeted reviews of business practices to identify and mitigate potential fair lending/banking and/or UDAAP risk

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