Attorney - Global Markets, Fixed Income

Job Title: Attorney – Global Markets, Fixed Income

Location: London

Corporate Title: 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!

Location Overview:

Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern workspaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

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:

• Provide legal advice from a regulatory, documentation and implementation perspective with respect to digital assets including advising on regulatory development with respect to digital assets as well as transactions and strategy.
• Provide legal advice to the businesses engaged in structured fixed income derivatives (e.g. TRS, RPS and CDS) and repo, and repo clearing.
• Coordinate with outside counsel and the business with respect to upkeep of template documentation and bank regulatory and internal requirements in respect of fixed income derivatives and repo.
• Analyze legal issues and implications on products, services, and regulatory matters related to the Global Markets businesses.
• Drafts, reviews, and/or negotiates complex legal documents bespoke derivatives and repo agreements and legal opinions.
• 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.

What we are looking for:

• Attorney must be licensed to practice in the appropriate jurisdiction(s).
• Should have experience or interest in digital assets.
• Should have experience in advising on structured derivatives, repo transactions 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.

Benefits of working at Bank of America:

UK

• 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
• 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 etc.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

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.