Attorney II Consumer Banking & Wealth Mgmt Position Available In Mecklenburg, North Carolina
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Job Description
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:
This job is responsible for providing legal support and strategic advice to the Global Wealth & Investment Management line of business on high net worth lending products, services, and regulatory matters including securities based loans, unsecured loans, and custom loans involving various collateral types and cross border transactions. Key responsibilities include reviewing legal documents, interpreting laws and regulations, performing legal research, and communicating legal advice to internal partners. Job expectations include directing the work of outside counsel on related matters and coordinating the work of Paralegals or other Legal staff.
Responsibilities:
Analyzes legal issues and implications related to high net worth lending products and services Provides legal support in structuring, negotiating, and documenting various types of loans Assists with loan workouts and distressed loan scenarios, as well as internal and external audit examinations Communicates clear, concise, actionable, and business-informed legal advice, including occasionally to leadership Interprets rules, laws, and regulations from a compliance and business control standpoint; ensures that proposed transactions are in compliance with applicable policies, laws, and regulations Drafts, reviews, and/or negotiates complex legal documents and legal opinions Gathers, assesses, and evaluates information from various sources to make a judgment or inference Supports company responses to government agency examinations and investigations, enforcement actions, private complaints, and litigation Works closely with various internal clients and partners including product management, underwriters, document preparation groups, client facing personnel, risk management, compliance, regulatory and audit partners, and other functions that support the Global Wealth & Investment Management lending business
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 Executive Presence Legal Structures and Legal Forms Problem Solving Required Qualifications:
A Juris Doctorate degree and at least one state bar admission (active/good standing) Minimum of 8 years of relevant experience, preferably within a law firm setting or as in-house counsel at a banking/financial institution Strong understanding of loan, pledge and security documentation, applicable consumer and bank regulations, applicable securities regulations, and applicable issues associated with lending to clients of an affiliated broker-dealer Strong communication and drafting skills and proven experience and confidence in risk identification, analysis and resolution Strong risk management skills with a commercial and pragmatic approach to resolving issues Strong work ethic and a proven ability to multitask and perform within a fast-paced environment with minimal supervision Proficient in Microsoft suite and other related software
Minimum Education Requirement:
Doctorate degree in related field
Shift:
1st shift (United States of America)
Hours Per Week:
40 Pay Transparency details US
- CA•Los Angeles•333 S HOPE ST•BANK
OF AMERICA PLAZA
(CA9193), US
- NJ•Pennington•1500 AMERICAN BLVD•Princeton Place at Hopewell Bldg.
5 (NJ2150), US
- NY•New York•114 W 47TH ST (NY8114), US•RI•Providence•1 Financial Plaza (RI1537) Pay and benefits information Pay range $159,100.
00
- $239,800.
00 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.
Privacy Statement:
https://careers.bankofamerica.com/en-us/privacy-notice 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! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Diversity and Inclusion Each employee brings unique skills, background and opinions. We see diversity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.
Pay Transparency:
https://careers.bankofamerica.com/en-us/pay-transparency