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Bank Of America Attorney – Global Payments Solutions Deposits Liquidity Receivables United States, New York, New York 915415896
Provides general legal counsel on matters supporting the Bank's global product solutions activities, as well as specific advice on products, services and certain legal actions. Reviews legal contracts and documents. Directly, or through staff, conducts legal research. May represent the bank in legal actions. Individuals in this position typically have a minimum of six years of experience since admission to the Bar.Responsibilities:
The primary responsibilities for this role will be to provide high quality and responsive legal advice to the Global Payments Solutions (GPS) team with respect to: merchant and commercial client contract negotiations, structuring of new products and services, andof existing products and services. In addition to supporting Merchant Services, this role will support (a) the GPS contract management team with client negotiations, creation and revision of form templates and documentation requirements, (b) advise on Liquidity & Receivable product issues and (c) provide advice related to cash management products and services.This lawyer willalso be responsible for leading large projects (including global projects) to support complex products and global and regional initiatives.
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
Required Qualifications:
- 4-12 years significant contract negotiation experience; which may be with law firm, internal counsel or contract management experience. Experience preferably with cash management contracts
- Active bar membership in good standing
- Strong organizational, drafting and negotiation skills
- Strong work ethic and self-initiative, with the ability to manage a high volume of work in a fast-paced and changing environment
- Strong interpersonal skills with the ability to work well as part of a team with other lawyers, clients and other risk and business support partners
Desired Qualifications:
- Payments, liquidity and/or receivables experience
- Credit support negotiationexperience/background(i.e. negotiating security agreements, guaranties)
- Project management experience
- Privacy, Sanctions, ERISA and/or healthcare expertise
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