Bank Of America Attorney – Consumer Banking 

United States, Massachusetts, Boston 

67874737

Responsibilities:

• Provide primary legal support for Financial Center sales of banking and investing products/services. This includes legal evaluation of customer communications, FC marketing/advertising, and related policies and procedures.
• Support regulatory matters, including exams and matters requiring attention, arising from the sales of banking/investing products.
• Offer legal guidance related to the Retail Sale of Nondeposit Investment Products, including providing multi-channel support, participating in the marketing governance process, and serving on internal bank committee.
• Lead legal support for Bank of America’s Preferred Rewards program, including advising on legal requirements for the program structure, development of program terms and disclosures, and opining on broad variety of offers.
• Advise on offering of bank services to employees of corporate clients, including evaluation of marketing materials and development of associate training/policies and procedures.
• Partner with senior leaders, control partners and other legal team on major projects as needed.
• Assessing proposed regulations and collaborating with trade associations as appropriate.
• Developing a deep understanding of the Consumer and Small Business Banking Lines of Business, building strong collaborative relationships with business, Risk, Compliance, and other control partners
• Advises and assists in the identification, escalation, and resolution of potential legal disputes or concerns presenting economic harm and/or legal, compliance, operational, strategic, reputational and or other key risk
• Communicates concise, actionable, and business-informed legal advice in oral and written presentation
• Manages large docket of various matters, effectively utilizing strong project and time management skill and employing sound business judgment on a day-to-day basis with limited supervision
• Drives strategy and participates in negotiations to resolve financial and reputational risk presented by active matters, new technology, and anticipated regulatory changes

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
• Legal analysis
• Ability to multi-task and prioritize competing assignments
• Clear and concise writing, and proficiency simply conveying complex legal subjects
• Willingness to take on new projects and assignments as they arise

Required Skills:

• JD degree
• 5+ years’ experience in financial services (in-house or law firm)
• Proficiency with laws and regulations related to sales of banking/investing products and services (e.g. Reg. DD, Z, RSNIP, Reg E, Reg W, Reg R, TCPA/telemarketing, Anti-tying, FINRA rules, and FDIC signage rules)

Desired Skills:

• 10-15 years’ experience in financial services (in-house or law firm) s

1st shift (United States of America)