Senior In-House Counsel, Private Bank

Bank of America; Boston (MA); On-site; USD 150,000 - 210,000; Full time

Job summary

Bank of America seeks a seasoned attorney to provide legal support to the Private Bank, Merrill, and Consumer Investments teams as part of the Private Bank and Merrill Legal Accounts Counsel and Pre-Litigation group. You will advise on client account opening, servicing, pre-litigation matters, disputes, and compliance with laws and policies.

Key responsibilities include drafting and negotiating complex documents, supporting examinations, and guiding business partners on risk and strategy while

Qualifications

• Licensed in good standing to practice law in at least one state in which Bank of America does business.
• 5+ years of relevant experience as an attorney in a law firm, government agency, or in-house environment.
• Excellent written and verbal communication and interpersonal skills; executive presence when dealing with high-level business leaders and comfort in offering advice.
• Excellent issue spotting, risk assessment, research, and problem-solving/analytical skills; ability to quickly identify key issues and escalate to management and business leaders.
• Ability to prioritize and manage a large amount of matters and flexible in a fast-paced environment.
• Ability to work closely with other lawyers, business partners, and compliance and risk professionals in a collegial manner, while offering differing opinions.

Responsibilities

• Analyzes legal issues and implications on consumer banking and wealth management products, services, and regulatory matters
• Communicates clear, concise, actionable, and business-informed legal advice, including to leadership
• Interprets rulings, laws, and regulations from a compliance and business control standpoint
• Drafts, reviews, and negotiates complex legal documents such as engagement letters, debt agreements, offering documents, and legal opinions
• Gathers, assesses, and evaluates information from various sources to make a judgment or inference
• Supports company responses to government agency examinations and investigations, enforcement actions, private complaints, and litigation
• Reviews and interprets wills and trust agreements, powers of attorney, and legal entity documents under state law
• Delivers practical Legal advice regarding investment products in Private Bank fiduciary and Merrill brokerage accounts
• Conflicts resolution (complaints/pre-litigation), liaising with legal partners on regulatory, litigation and internal investigation teams

Skills

Advisory

Influence

Regulatory compliance

Executive presence

Attention to detail

Problem solving

Critical thinking

Decision making

Collaboration

Education

Doctorate degree in related field

Job description

Bank of America seeks a seasoned attorney to provide legal support to the Private Bank, Merrill, and Consumer Investments teams as part of the Private Bank and Merrill Legal Accounts Counsel and Pre-Litigation group. You will advise on client account opening, servicing, pre-litigation matters, disputes, and compliance with laws and policies.

Key responsibilities include drafting and negotiating complex documents, supporting examinations, and guiding business partners on risk and strategy while