Attorney-Fixed Income

Job Description:

Job Title: Attorney – Global Markets

Location: London or Frankfurt

Corporate Title: Assistant General Counsel & Director

Company Overview:

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!

The Team:
The role will sit within the Global Fixed Income Legal team. The team works closely with colleagues in Equities, Credit and the Commodities globally on BAU issues and as well as large-scale global projects. Cumulatively the team has a vast amount of experience and are well placed to provide ongoing support and training and the role also offers opportunity to participate in several industry projects and initiatives. The BofA Legal Department offers comprehensive programs and opportunities related to career development and mentoring.

Responsibilities:

German-speaking and German-qualified lawyer to provide legal representation and support for the Global Markets business, including:

• Supporting all aspects of the German derivatives, repo and stock lending businesses.
• Supporting the documentation teams in negotiation of German law trading documentation (master agreements, credit support documentation, confirmations).
• Drafting and negotiating structured derivatives documents under German law.
• Reviewing netting and collateral opinions impacting German law trading documentation.
• Negotiation of ancillary documentation such as confidentiality agreements/dealer mandates.
• Supporting implementation of Swiss derivatives Master Agreement, with support from external counsel, advising on Swiss listing and regulatory matters.
• Assisting the wider legal team with support for the non-German law aspects of the fixed income business.
• Liaising directly with the front office, clients, external counsel, relevant industry bodies and all internal support and control groups

Experience and Skills:

• German law qualification.
• Excellent German and English language skills
• Excellent knowledge of and experience working with the German master agreement (Deutsche Rahmenvertrag), derivatives, repo and stock lending
• Experience with banking documents such as the Schuldschein is ideal.
• Strong post qualification experience in either a financial institution or a law firm.

Bank of America:

Good conduct and sound judgment are crucial to our long-term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.