ISDA/Local Law Senior Negotiator, Vice President

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Role Description:

Due to an internal move, we are looking for a Senior Documentation Officer to manage a portfolio of traded product agreements including the German law Rahmenvertrag, ISDA Master Agreement and CSA. We are part of a global team within Global Markets covering a broad scope of agreements for Derivatives, F&O, Securities Lending, Prime Brokerage and Repo.

Responsibilities:

1. This is a client-facing role and the candidate will manage their own portfolio involving the drafting and negotiating of ISDA/CSAs, Local law Agreements including the Rahmenvertrag and related ancillary documents, on behalf of various Bank of America entities.
2. Identification and facilitation of credit, legal, tax and policy issues by coordinating communications among risk officers, collateral management, tax department, counsel (in-house and outside) and client representative (“internal partners”).
3. Liaising with internal partners and marketers/traders to accurately reflect the necessary credit and business terms of the relationship whilst conforming to Bank guidelines and policies.
4. Review of non-standard supporting documentation.
5. Updating of Bank systems including the documentation system of record.
6. Involvement in special/regulatory projects as and when required.

What we are looking for:

1. Excellent communication, analytical and organisational skills.
2. Be able to work both independently and as an integral part of the team.
3. Highly self-motivated and ability to prioritise/drive for execution.
4. Ability to exercise judgment within defined parameters.
5. Qualified lawyer or Legal training.
6. German speaker.

Skills that will help:

1. Familiarity with the German law Master.
2. Strong knowledge of market practices.

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