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Attorney- Fixed Income

New York, New York

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:
Successful candidate would be responsible for the following activities supporting Global Markets’ Fixed Income sales and trading business, among others: (i) the analysis of complex legal issues and implications on matters of significant impact; (ii) providing advice on new or existing products or services; (iii) review, analysis and advocacy concerning new regulatory proposals; and (iv) coordinating the work of outside legal counsel on related projects.  Limited coverage of the Equities prime brokerage business will be required as well. Individuals in this position typically have eight or more years of experience since admission to the Bar.


Responsibilities:

  • Attorney will analyze complex legal issues and implications on matters of significant impact for various fixed income businesses, including mortgages, credit, and rates products, including working with sales, trading, and syndicate personnel.  
  • Provide concise, actionable, and business-informed legal advice in connection with the day-to-day operations of the department on a wide variety of legal issues including U.S. securities laws, broker-dealer regulations, and banking regulations impacting the business, and issues relating to cross-border transactions.
  • Experience with primary offerings for mortgage issuances and GSE origination helpful, along with drafting of various legal agreements, including confidentiality agreements, auction agreements, and various legal disclosures and related documents. 
  • Work with electronic trading platforms and agreements, including onboarding of new trading platforms.
  • Active participation on various internal control committees as well as industry groups, such as SIFMA, particularly relating to advocacy for new regulatory initiatives.
  • Interprets rulings, laws, and regulations surrounding financial instruments and products from a compliance and business control standpoint
    Gathers, assesses, and evaluates information from various sources with an open mind to make a reasoned judgment or inference.
  • May coordinate the work of outside legal counsel on related matters and projects.



Skills:

  • Be a highly motivated self-starter who is very adept at problem-solving.
  • Ability to handle multiple projects at any given time.
  • Have strong leadership skills and excellent writing, drafting and presentation skills.
  • Effective negotiating and excellent interpersonal skills.
  • Strong work ethic.
  • Effective interpretation of relevant laws, rules, and regulations
  • Ability to advise, influence, collaborate with, and manage stakeholders.
  • Excellent critical thinking, decision making, and problem-solving 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 Collaboration

Required Qualifications:

  • At least four years (law firm and/or in-house) of direct broker-dealer / capital markets legal experience.
  • Experience with securities and corporate legal matters.  
  • Working knowledge of SEC and broker-dealer regulations.  
  • Candidate must be a highly motivated self-starter who is very adept at problem-solving. 
  • Candidate must have strong leadership skills and excellent writing, drafting and presentation skills. 
  • Candidate must have effective negotiating and excellent interpersonal skills.  
  • Candidate must have a JD degree and be admitted to at least one state bar (active/good standing). 

Desired Qualifications:

  • Understanding of capital markets and sales and trading businesses. 
  • Knowledge of Volcker and other related banking regulations.
  • Understanding of prime brokerage business and related legal issues. 

Minimum Education Requirement: Juris Doctor

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-24023247

Manages People: No

Travel: Yes, 5% of the time

New York pay and benefits information

New York pay range:

$200,000 - $261,500 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.

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036