Attorney - Global Markets

Job Title: Attorney - Global Markets

Location: London

Corporate Title: Vice President or Director & Assistant General Counsel

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 sits primarily within the Fixed Income Sales and Trading Legal team and is based in London. The team works closely with colleagues in CLOs, Mortgages and Credit Asset Financing globally on BAU issues, 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 same applies to the portion of the role that supports the Equities businesses. The BofA Legal Department offers comprehensive programs and opportunities related to career development and mentoring.

Responsibilities:

• Primary/majority responsibility is to provide legal support for CLO public issuances and warehouse transactions, including review and negotiation of engagement letters and transaction documents.
• Advise on a broad range of European credit asset financing transactions, including complex financing structures and EU/UK legal aspects of cross-border deals.
• Manage and coordinate external counsel, including review of legal opinions, memoranda and transaction-related advice.
• Participate in transaction due diligence processes, identify legal and regulatory risks, and escalate issues where appropriate.
• Support strategic regulatory reform initiatives affecting securitisation, CLO and lending products working closely with Compliance, Regulatory Reform, Tax, Operations and global legal teams.
• Secondary/minority responsibility is to provide legal support to the Equities business across a range of products (e.g., equity derivatives and securities financing) and other initiatives [note: no Equities experience is required]

What we are looking for:

• Attorney must be licensed to practice in the appropriate jurisdiction(s).
• Should have experience in advising on CLOs, lending and related regulations.
• An excellent attention to detail and accuracy in drafting is a key requirement.
• Ability to communicate clearly and persuasively, both verbally and in writing, and to adapt to a variety of audiences.
• Strong experience at major law firm, bank, or similar institutional experience.
• Candidate should be a self-starter, quick learner and must be able to work independently and proactively.
• Candidate should be someone who can handle multiple complex assignments and navigate a large institution.

• Experience in Equities is not required; the candidate will be trained as needed

Benefits of working at Bank of America:

UK

• At Bank of America, we strive to prioritise employees’ health and wellbeing – it’s what makes us a Great Place to Work.
• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness, cycle to work etc.
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, and virtual GP services
• Access to the Peppy App which provides 1:1 support, consultations and resources relating to men’s health, women’s health, fertility, menopause and pregnancy & parenthood
• Access to a range of gyms, exercise classes and wellbeing Apps through Wellhub, including Headspace and Calm
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Good conduct and sound judgment is 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, religious or similar philosophical belief, political opinion, 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.