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Bank Of America Assistant General Counsel Vice President APAC OTC Equity Derivatives 
China, Hong Kong, Hong Kong Island 
491007965

25.06.2024


Responsibilities:

  • Day-to-day legal analysis and advice in relation to

- OTC equity derivatives

- Prime brokerage/finance (including OTC swaps and securities lending)

- structured equity financing transactions

- custody and client asset/money regulations

  • Advising on document negotiations relating to our OTC Equity Derivatives and Prime Brokerage/Finance platforms
  • Advising and guiding our documentation teams and negotiators together with Trading, Sales, and Risk
  • Taking the lead on negotiations of margin lock-up agreements
  • Developing and managing templates forjurisdiction-specificterms for market access products (eg India ODIs, China QFII, Taiwan FINI-related terms) and new transaction types (eg custom baskets, accumulators, autocallables, and reverse convertible variations)
  • From time to time, assisting with the negotiation of documentation relating to structured equity financing transactions
  • Evaluating and advising on the impact of regulatory and licensing issues/developments on OTC derivatives and prime brokerage/finance services
  • Evaluating and advising on various new proposals, projects and initiatives
  • Representing Bank of America on relevant industry working groups
  • Reviewing and remediating existing documents and templates in connection with regulatory reform projects
  • Engaging and managing external counsel in various jurisdictions to obtain quality advice concerning a range of regulatory issues (including licensing issues)
  • Fielding enquiries arising from various Equities sales & trading desks
  • Working with other members of the Equities Legal team and other legal teams in Asia Pacific, EMEA and the US
  • Assisting with broader Legal department projects, as required
  • Working with Compliance, Operations, Risk and other departments to ensure proper risk management, governance and control of business units

Required Skills:

  • Junior to mid-level lawyer admitted to practice in Hong Kong (or in another common law jurisdiction) with at least 4+ years PQE
  • Experience of investment banking (preferably markets businesses) in an in-house legal department or through private practice advisory work
  • Experience of legal advisory work on OTC equity derivatives products (eg options, accumulators transactions, autocallables, and volatility options/swaps) and associated documentation
  • Broader experience of legal advisory work on prime brokerage/finance (including OTC swaps and securities lending) documentation is an advantage
  • Ability to work rapidly and effectively under time pressure
  • Ability to communicate effectively by being clear and concise in oral and written communications, and to ask questions when unsure
  • Strong interpersonal and social skills with team-work oriented mindset is a must as you will work along side other lawyers on the team to deliver timely advise and guidance to the various business groups.
  • Strong attention to detail
  • Ability to think critically and flexibly, and proactively suggest solutions to achieve the relevant business goals
  • Excellent research and legal writing skills
  • Willingness to work as a member of a local, regional and global team and strong curiosity in developments/changes in financial practice and environment