Attorney - Global Markets

Job Description:

Job Title: Attorney - Global Markets

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:

Work within a team of 6 lawyers based in the London office covering the ECS and Exotics businesses. The team forms part of the broader EMEA Equities Legal team.

The role is for an Attorney in our Equity Financing legal team within the broader GBAM Equities Legal coverage, supporting the bank's equity financing lines of business, involving structured and flow equity swaps, securities financing transactions, financed options, margin lending and corporate equity derivative transactions. The role will also involve close coordination with lawyers overseeing the other Equities lines of business. Equities financing is a key development area for the Equities lines of business and the legal team have a close working relationship with them, advising on transaction execution, product development, platform change and regulatory and legislative change. The successful candidate will be closely involved with work and developments in each of these areas and the role will expose the candidate to a variety of work involving interesting and complex matters, innovative platforms and high profile transactions.

The role requires the ability to rationalise and progress specific matters to a conclusion, in addition to identifying key issues in the course of assisting the lines of business and relevant support groups. The candidate should be looking to join the team to manage a diverse and complex workload with tight deadlines.

Lawyers in our team are expected to work closely with front office staff across our lines of business as well as with other support functions.

Responsibilities:

• Providing legal support with respect to the structuring, negotiation and execution of equity financing transactions typically involving derivatives, LMA format margin loan and repo documentation,
• Assist with the establishment of, and advise with respect to, related security and collateral arrangements and associated hedging and/or syndication transactions including third party security arrangements and bespoke margining arrangements
• Assisting lawyers in the broader Equities Financing group in relation to matters involving the Key Products
• Creation and maintenance of product templates, guidelines and legal documentation summaries
• Involvement in review of the ongoing regulatory development impacting relevant products and services
• Liaising with external counsel in various jurisdictions to obtain quality advice in relation to key product issues, developments and regulatory compliance matters
• Advise on development of new products, structures and platform developments
• Close engagement with the line of business, equivalent internal legal coverage in other regions and other key stakeholders (Compliance, Tax, Risk, Credit).
• Engagement with industry forums and discussions, public events and external seminars in relation to developments involving the Key Products

What we are looking for:

• Experience of investment banking (preferably markets businesses) either through private practice advisory work, secondment or in-house legal department
• Experience of legal advisory work on OTC derivatives, and familiarity with ISDA Definitions and derivatives documentation
• Transactional and deal experience
• Excellent attention to detail and accuracy of work
• Proactive and able to manage competing priorities/tight deadlines

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

Bank of America:

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.