• Job Description

  Req#: 24031405

  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:
  This attorney will be part of the Public Policy, Community Impact, and Third Party Legal group, specifically providing legal support to the Global Third Party Program. Attorney will handle the negotiation, revision, review, and drafting of complex contracts for vendor and other third party services to the bank, and assist in the interpretation of new domestic and international legislation that may impact key contractual provisions in vendor contracts. Attorney will manage and provide oversight of outside counsel work for the Third Party Program, and, together with lawyers for front line units, provide risk analysis and legal guidance to the Global Third Party Group.
  
  Responsibilities:
  • Models an inclusive environment for employees and clients, aligned to company D&I goals
  • Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement
  • Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions
  • Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues
  • Provides inspection, coaching and feedback to motivate, differentiate and improve performance
  • Actively manages expenses and budgets in alignment with objectives, making sound financial decisions
  • Assesses talent and builds bench strength for roles across the organization
  • Delivers results by effectively prioritizing, inspecting and appropriately delegating team work
  
  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

  Requirements:

  • Minimum 5 years of procurement legal experience.
  • Experience negotiating complex contracts and ancillary documents on vendor paper and bank paper, both inside and outside of the U.S.
  • Ability to explain complex regulatory legal issues to clients and work with key stakeholders across the bank
  • Proactively manage changes in laws to determine how to amend templates accordingly.

  Desired Skills:

  • Preferred candidates will have experience in the financial services industry, preferably including a working knowledge of technology and privacy/cross-border data movement considerations in vendor contracts.

  
  
  Minimum Education Requirement: Juris Doctor

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

  Pay Transparency details

  US - NY - New York - 114 W 47TH ST (NY8114)

  Pay and benefits information

  Pay range

  $150,300.00 - $243,600.00 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.

• About the company

  Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

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