Attorney - Equity Derivatives

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

 

Job Description:

Responsible for the analysis of complex legal issues and implications on matters of significant impact to the GM's Equity Derivatives businesses, including OTC derivatives, swaps, structured products, actively managed strategies and cross-asset proprietary indices. Provides advice on new and existing products or services related to these equity derivative businesses. Coordinates the work of outside legal counsel on related projects and legal issues. Collaborate with Legal Department colleagues and clients in the U.S., EMEA and APAC regions on a variety of aspects of the Equity Derivatives businesses, including governance, negotiations, and regulatory issues.

Responsibilities:

• 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
• Interprets rulings, laws, and regulations from a compliance and business control standpoint
• Drafts, reviews, and/or negotiates complex legal documents, such as engagement letters, debt agreements, offering documents, and legal opinions
• Gathers, assesses, and evaluates information from various sources with an open mind to make a judgment or inference
• Supports company responses to government agency examinations and investigations, enforcement actions, private complaints, and litigation
• 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

Required Qualifications:

• JD
• Admission to NY Bar, or ability to obtain admission
• 4+ years experience at a law firm and/or in house at a financial company

Desired Qualifications:

• Experience with equity derivatives, structured products (including structured notes, warrants and CDs), proprietary indices, capital markets transactions and related legal and regulatory issues
• Experience and knowledge of securities and OTC derivatives laws/rules (including 1933 Act, 1934 Act, Investment Company Act and Investment Advisers Act, Dodd-Frank, Volcker) and FINRA rules as applicable to the equity derivatives businesses
• Experience and knowledge of IOSCO Principles for Benchmarks and insurance laws a strong plus
• Familiarity with the US bank regulatory structure (Bank Holding Company Act, National Bank Act and the respective regulators) a strong plus.
• Experience negotiating agreements relating to the equity derivatives businesses, including, but not limited to distribution agreements, confirmations, license agreements, hedging agreements, marketing agreements and platform agreements
• Ability to communicate clearly and concisely

Skills:

• 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
• Legal Structures and Legal Forms
• Problem Solving
• Negotiation

Minimum Education Requirement: Doctorate degree in related field

Shift:

Hours Per Week: