Job Description

:Job Title: Attorney xe2x80x93 Clearing & Fixed Income DerivativesLocation: LondonCorporate Title: Director & Assistant General CounselCompany Overview:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. Wexe2x80x99re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!Location Overview:Our London office is based just a stonexe2x80x99s throw from the magnificent St. Paulxe2x80x99s Cathedral on bustling King Edward Street. Here youxe2x80x99ll find modern workspaces and a state-of-the-art auditorium space. In addition, wexe2x80x99re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.The Team:
The role will sit within the Global Fixed Income Legal team. The team works closely with colleagues in Equities, Credit and the Commodities globally on BAU issues and as well as large-scale global projects. Cumulatively the team has a vast amount of experience and are well placed to provide ongoing support and training and the role also offers opportunity to participate in several industry projects and initiatives. The BofA Legal Department offers comprehensive programs and opportunities related to career development and mentoring.Responsibilities:

• The position provides legal representation and support for the EMEA Futures & OTC Clearing business, as well as covering general clearing-related issues, including:
• Legal advice to the Futures and OTC clearing business, collateral management, and other support partners on BAU issues as well as clearing projects.
• Coordinate and support attorneys who cover the Futures & OTC Clearing business in U.S. and APAC.
• Regulatory advice relating to regulations impacting clearing activities such as EMIR 3.0 and CASS rules.
• Legal advice in respect of the Bankxe2x80x99s risk to CCPs, covering issues such as clearing member liability, withdrawal rights, and CCP netting opinions.
• Provide netting advice as well as legal support on accounting and capital issues relating to clearing.
• Advise the business and the documentation group on negotiating customer agreements for Futures & OTC clearing and negotiate more complex agreements directly with clients.
• Coordinate with outside counsel on regulatory, enforcement, and general corporate matters relating to the clearing business.

Experience and Skills:

• Attorney must be licensed to practice in the appropriate jurisdiction(s).
• Should have strong experience in advising on futures and OTC clearing issues (either internally or as external counsel) on both the client clearing documentation front as well as a solid understand of key clearing house rules.
• General experience with uncleared interest rate swap or FX is desirable.
• An excellent attention to detail and accuracy in drafting is a key requirement.
• Ability to communicate clearly and persuasively, both verbally and in writing, and to adapt to a variety of audiences.

Benefits of working at Bank of America: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 UKxe2x80x99s 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.

Bank of America:Good conduct and sound judgment are crucial to our long-term success. Itxe2x80x99s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

Bank of America