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Attorney- Leasing

Boston, Massachusetts;

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
 
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
 
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
 
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference.

Join us!

Job Description:
Provides general legal counsel on matters supporting the BofA’s leasing and equipment finance activities, as well as specific advice on products, services, and certain legal actions. Reviews legal contracts and documents. Directly, or through staff, conducts legal research.

Responsibilities:

Provide legal support for BofA’s secured lending and leasing transactions and related capital markets and portfolio management activities in the U.S. with a focus on direct lending and leasing. Responsibilities may also include support for workouts and restructuring, bankruptcy and on a limited basis, related litigation.

Skills:

  • • Interpret Relevant Laws, Rules, and Regulations
  • • Advisory
  • • Legal Drafting and Writing
  • • Critical Thinking
  • • Policies, Procedures, and Guidelines
  • • Problem Solving
  • • Regulatory Compliance
  • • Issue Management
  • • Decision Making
  • • Influence
  • • Legal Structures and Legal Forms
  • • Attention to Detail
  • Stakeholder Management
  • Team-player, with the ability to work independently in a fast paced, dynamic business environment.
  • Collaboration
  • Excellent written and oral communication skills.
  • Able to balance risk and reward in a manner consistent with BofA’s risk framework.
  • Strong work ethic and attention to detail.
  • Responsive and service-oriented attitude.
  • Able to organize, prioritize, and manage deadlines for multiple assignments.
  • Sound and practical business judgment.

Required Skills:

  • At least 10 years’ experience structuring, drafting, and negotiating single lender and syndicated equipment leasing and secured lending transactions including general equipment, manufacturing, construction and healthcare/medical equipment, and related portfolio, asset management and syndications transactions.
  • Familiarity with confidentiality agreements, commitment letters, term sheets, loan and lease agreements, guarantees, subordination (debt and lien) agreements and other ancillary documents required.  
  • JD or equivalent with Bar Admission in good standing.

Desired Skills:

  • Prior in-house experience (as an employee and/or secondee) at a bank, leasing company or other financial institution a strong plus.
  • Prior transportation finance experience (aviation, rail, shipping, and motor vehicles) including drafting and negotiating credit agreements, operating leases, OEM purchase agreements, maintenance and service agreements, and trading/secondary market transactions a strong plus.
  • Prior vendor finance and/or inventory finance experience a strong plus.

Minimum Education Requirement: Juris Doctor

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-24021773

Manages People: No

Travel: Yes, 5% of the time

California pay and benefits information

California pay range:

$167,400 - $272,400 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

New York pay and benefits information

New York pay range:

$167,400 - $272,400 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.