Attorney – Global Payments Solutions

Jobtailor; Washington (District of Columbia); On-site; USD 180,000 - 240,000; Full time

Job summary

Bank of America is seeking an experienced legal professional to provide counsel to its Global Payments Solutions division on regulatory and commercial matters. The role involves negotiating documents, interpreting laws, and advising on cash management and digital payments initiatives.

The candidate will coordinate with outside counsel, support investigations, and collaborate with risk and compliance teams to mitigate legal risks.

Qualifications

• Active bar membership in good standing.
• Doctorate degree in a related field.
• 6-12 years of law firm and/or internal counsel experience in payments or financial services.

Responsibilities

• Provide legal counsel and support to Bank of America's Global Payments Solutions on legal, regulatory, and commercial matters.
• Review and negotiate legal documents, customer-facing documentation, and commercial agreements.
• Interpret laws and regulations, perform legal research, and communicate legal advice to internal partners and leadership.
• Advise on cash management and treasury services, including funds transfers, foreign exchange, check products, digital disbursements, electronic bill payment, payment services, and e-commerce initiatives.
• Support responses to government examinations and investigations, enforcement actions, private complaints, and litigation.
• Direct outside legal counsel and coordinate other Legal staff; train, mentor, or support peer development.
• Advise on domestic and international payment, messaging, clearing, and settlement systems, including Fedwire, CHIPS, and SWIFT.
• Ensure legal and regulatory compliance across products, transactions, and business processes.
• Collaborate with compliance, risk, audit, and business stakeholders to mitigate legal and regulatory risks.
• Support innovative payment and treasury solutions involving digital assets, stablecoins, blockchain, and emerging digital payments initiatives.

Skills

Legal Research

Document Review

Contract Negotiation

Regulatory Compliance

Cash Management Advisory

Payment Services Knowledge

Litigation Support

Risk Mitigation

Drafting Skills

Strategic Partnership

Education

Active Bar Membership

Doctorate Degree

Tools

Fedwire

CHIPS

SWIFT

Blockchain

Distributed Ledger Technologies

Digital Payments Initiatives

Job description

• Provide legal counsel and support to Bank of America's Global Payments Solutions business on legal, regulatory, and commercial matters
• Review and negotiate legal documents, customer-facing documentation, and commercial agreements
• Interpret laws and regulations, perform legal research, and communicate legal advice to internal partners and leadership
• Advise on cash management and treasury services, including funds transfers, foreign exchange, check products, digital disbursements, electronic bill payment, payment services, and e-commerce initiatives
• Support responses to government examinations and investigations, enforcement actions, private complaints, and litigation
• Direct outside legal counsel and coordinate other Legal staff; train, mentor, or support peer development
• Advise on domestic and international payment, messaging, clearing, and settlement systems, including Fedwire, CHIPS, and SWIFT
• Ensure legal and regulatory compliance across products, transactions, and business processes
• Collaborate with compliance, risk, audit, and business stakeholders to mitigate legal and regulatory risks
• Support innovative payment and treasury solutions involving digital assets, stablecoins, blockchain, distributed ledger technologies, tokenized deposits, and emerging digital payments initiatives

Requirements

• 6-12 years of law firm and/or internal counsel experience in the payments or financial services industry, including cash management
• Solid understanding of banking laws, regulations and rules impacting cash management services
• Strong organizational, drafting and negotiation skills
• Clear verbal and written communication skills at all organizational levels
• Ability to manage a high volume of work in a fast-paced and changing environment
• Strong interpersonal and teamwork skills
• Ability to balance risk and reward and act as a strategic partner
• Active bar membership in good standing
• Doctorate degree in related field
• Meaningful experience with digital assets, stablecoins, blockchain and distributed ledger technologies, tokenized deposits, and emerging financial infrastructure and digital payments initiatives (desired)
• Credit support negotiation experience/background (desired)
• Project management experience (desired)

Core Competencies

Demonstrates expertise in providing legal counsel on banking laws and regulations, particularly in cash management and payment solutions. Proficient in negotiating legal documents and ensuring compliance across financial services, with a focus on emerging digital payment technologies.

Highest-signal resume keywords

• Legal Counsel Experience
• Banking Laws Understanding
• Negotiation Skills
• Digital Assets Expertise
• Project Management Experience

Hard Skills

• Legal Research
• Document Review
• Contract Negotiation
• Regulatory Compliance
• Cash Management Advisory
• Payment Services Knowledge
• Litigation Support
• Risk Mitigation
• Drafting Skills
• Strategic Partnership

Soft Skills

• Organizational Skills
• Clear Communication
• Interpersonal Skills
• Teamwork
• Ability to Manage Workload

Certifications & Qualifications

• Active Bar Membership
• Doctorate Degree

Industry Keywords

• Payments Industry
• Financial Services
• Cash Management Services
• Regulatory Risks
• E-Commerce Initiatives

Tools & Technologies

• Fedwire
• CHIPS
• SWIFT
• Blockchain
• Distributed Ledger Technologies
• Digital Payments Initiatives