Bank Of America Equities Legal – Synthetics Securities Lending 

United Kingdom, England, City of Westminster 

196368404

Job Description:

Job Title:Equities Legal – Equities Synthetics and Securities Lending

VP & Assistant General Counsel

The Team:

• EMEA Equities Legal is a team of 33 lawyers, with FTE located in London and Paris. Prime Services Legal is a sub-set of this team comprised of 7 lawyers, including a Managing Director, 2 Directors and 4 VPs (including this open vacancy) covering Prime Brokerage, Equities Swaps and Securities Lending. The Prime Services Legal team is a highly collaborative team with excellent working relationships.

• The team works closely with the Prime Services, Equities Swaps and Securities Lending businesses, as their trusted advisors who work in partnership with the line of business in furtherance of achieving its goals.

• Cumulatively the team has a vast amount of experience and are well placed to provide ongoing support and training, with senior members actively identifying development opportunities for more junior team members.

• More broadly, the Global Markets Legal team have an internal mentoring program, connecting senior leaders across the legal department with teammates across all regions. In addition, the Global Markets Legal team have an external mentoring program with its key magic circle law firms, helping to develop and support diverse lawyers and in furtherance of a creating a legal profession which represents the diversity of our communities.

Responsibilities:

• Providing legal support to Agreements & Documentation and Confirmations groups relating to the negotiation of equities swap and securities lending documentation.

• Review and negotiation of third party security arrangements, term margin agreements and other bespoke documentation.

• Provide legal advice to related areas, e.g. equities swaps and securities lending.

• Creation and maintenance of product templates, guidelines and legal documentation summaries

• Involvement with related due diligence projects and other reviews, including those related to compliance with existing and forthcoming legislation and regulations, for e.g. CSDR, SFTR, UMR, MiFID II, IBOR implementation, EU BMR.

• Liaising with external counsel in the development of new products and regulatory compliance.

• Advise on development of new products and structures in the securities lending and equities swaps areas.

• Close engagement with Business and other key stakeholders (Compliance, Tax, Risk, Credit)

What we are looking for:

• Qualified lawyer

• Experience of investment banking either through private practice advisory work/secondment or in-house legal department

• Experienced in advising on equity derivative transactions.

• Thorough understanding of collateral and security arrangements

• Transactional and deal experience

• Excellent attention to detail and accuracy of work

• Proactive and able to manage competing priorities/tight deadlines

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.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.