VP – AMRS Multi-Agreement Negotiator

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!

Job Description:
Prepares, negotiates and reviews industry standard and non-standard master agreement and supporting documentation for derivatives, foreign exchange and treasury management products, focusing on the most complex negotiations and documentation assignments. Often provides guidance/training to less experienced staff. Utilizes prior experience and knowledge of derivatives documentation and products, trading industry standards and BofA's policies to address related credit, legal and business issues. Collects and reviews customer credit documentation and recommends appropriate derivatives documentation. Facilitates communications among credit officers, marketing, legal and tax staff, and client managers to promptly resolve documentation issues. Has excellent analytical, verbal and written communications skills and is comfortable representing BofA in communications with associates, clients and internal/external counsel at all levels of management. Advises and educates internal associates about documentation standards and options, policies and procedures. Capable of organizing and prioritizing a large number of competing, complex documentation assignments to meet customer needs.

Responsibilities:

• Draft, negotiate and manage the various trading agreements with a primary focus on ISDA Master Agreements, Reg IM and Prime Brokerage.
• Collaborate closely with internal and external stakeholders, including senior management, front office sales and account management, legal counsel, credit risk management, tax, and other departments, to ensure a successful onboarding experience
• Serve as the Documentation Relationship Manager for a portfolio of high priority clients, as “quarterback” for the transactional suite to ensure that transactions are executed in a timely and efficient manner.
• Liaise with internal partners and marketers/traders to accurately reflect the necessary credit and business terms in the transactional suite while ensuring compliance with applicable laws and regulations and bank guidelines and policies.
• Proactively maintaining up to date knowledge on any developments in the relevant coverage area.
• Updating of Bank systems including the documentation system of record.
• Involvement in special projects as and when required.

Core skills and requirements

• Law Degree strongly preferred
• Min 5 years of experience
• Excellent communication, analytical and organizational skills.
• Be able to work both independently and as an integral part of the team.
• Highly self-motivated and ability to prioritize/drive to execution.
• Ability to exercise judgment within defined parameters.
• Familiarity with Hedge Fund and Asset Manager structures.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$110,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.