At a Glance
- Tasks: Join our Global Markets team as a German-speaking attorney, supporting derivatives and trading documentation.
- Company: Bank of America is dedicated to making financial lives better through responsible growth and inclusivity.
- Benefits: Enjoy competitive benefits, flexible work options, and opportunities for career development and mentoring.
- Why this job: Make an impact in a diverse environment while working on exciting global projects and initiatives.
- Qualifications: Must be a German-qualified lawyer with strong experience in derivatives and banking documents.
- Other info: We value individual accountability and promote a culture of equal opportunity for all applicants.
The predicted salary is between 43200 - 72000 £ per year.
Job Description:
Job Title : Attorney – Global Markets
Location : London or Frankfurt
Corporate Title : Assistant General Counsel & Director
Company 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. We\’re 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!
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:
German-speaking and German-qualified lawyer to provide legal representation and support for the Global Markets business, including:
- Supporting all aspects of the German derivatives, repo and stock lending businesses.
- Supporting the documentation teams in negotiation of German law trading documentation (master agreements, credit support documentation, confirmations).
- Drafting and negotiating structured derivatives documents under German law.
- Reviewing netting and collateral opinions impacting German law trading documentation.
- Negotiation of ancillary documentation such as confidentiality agreements/dealer mandates.
- Supporting implementation of Swiss derivatives Master Agreement, with support from external counsel, advising on Swiss listing and regulatory matters.
- Assisting the wider legal team with support for the non-German law aspects of the fixed income business.
- Liaising directly with the front office, clients, external counsel, relevant industry bodies and all internal support and control groups
Experience and Skills:
- German law qualification.
- Excellent German and English language skills
- Excellent knowledge of and experience working with the German master agreement (Deutsche Rahmenvertrag), derivatives, repo and stock lending
- Experience with banking documents such as the Schuldschein is ideal.
- Strong post qualification experience in either a financial institution or a law firm.
Bank of America:
Good conduct and sound judgment are crucial to our long-term success. It\’s 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. #J-18808-Ljbffr
Attorney - Global Markets employer: NACBA
Contact Detail:
NACBA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Attorney - Global Markets
✨Tip Number 1
Familiarise yourself with the German derivatives market and the specific legal frameworks that govern it. Understanding the nuances of the Deutsche Rahmenvertrag and other relevant agreements will give you a significant edge during interviews.
✨Tip Number 2
Network with professionals in the financial and legal sectors, especially those who have experience in global markets. Attend industry events or webinars to connect with potential colleagues and learn more about the current trends and challenges in the field.
✨Tip Number 3
Brush up on your negotiation skills, particularly in the context of legal documentation. Being able to demonstrate your ability to negotiate complex agreements effectively can set you apart from other candidates.
✨Tip Number 4
Research Bank of America's culture and values, particularly their commitment to diversity and inclusion. Be prepared to discuss how your background and experiences align with their mission during the interview process.
We think you need these skills to ace Attorney - Global Markets
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as a German-speaking and German-qualified lawyer. Emphasise your experience with German law, particularly in derivatives, repo, and stock lending, as well as any relevant banking documents.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at Bank of America. Discuss how your background aligns with their commitment to Responsible Growth and diversity, and mention specific experiences that demonstrate your ability to support the Global Markets business.
Showcase Language Skills: Since excellent German and English language skills are essential for this position, make sure to highlight your proficiency in both languages. You could include examples of how you've used these skills in a professional context.
Highlight Relevant Experience: Detail your post-qualification experience in either a financial institution or a law firm. Be specific about your involvement with German master agreements and any structured derivatives documentation you have drafted or negotiated.
How to prepare for a job interview at NACBA
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of German law, especially regarding derivatives, repo, and stock lending. Be prepared to discuss specific legal documents like the Deutsche Rahmenvertrag and Schuldschein, as these will likely come up during the interview.
✨Showcase Your Language Skills
Since this role requires excellent German and English language skills, be ready to demonstrate your proficiency. You might be asked to translate legal terms or explain concepts in both languages, so practice articulating your thoughts clearly.
✨Understand the Company Culture
Familiarise yourself with Bank of America's commitment to diversity, inclusion, and responsible growth. Be prepared to discuss how your values align with theirs and how you can contribute to a positive workplace culture.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and judgement. Think about past experiences where you've had to negotiate complex agreements or handle challenging legal issues, and be ready to share those examples.