Attorney - Private Bank

Charlotte, North Carolina;Jacksonville, Florida; Dallas, Texas; Fort Worth, Texas; Boston, Massachusetts; Wilmington, Delaware; New York, New York; Chicago, Illinois

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. 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!

Job Description:

Provides general legal counsel to AMGs private banking businesses, as well as specific advice on products, services and certain legal actions. Reviews legal contracts and documents. Directly, or through staff, conducts legal research. May represent the bank in legal actions. Individuals in this position typically have a minimum of six years of experience since admission to the Bar.

Responsibilities:

The applicant will serve as a legal support partner to the Private Bank team and will advise them on matters concerning fiduciary law. Other responsibilities include:

The review and interpretation of wills and trust agreements and legal entity documents under applicable state law;

Legal advice regarding the use of various investment products in fiduciary accounts;

Conflict resolution (complaints and pre-litigation);

Management of outside counsel in pre-litigation matters as well as trust modifications, declaratory judgments, and court accountings;

Advice on OCC and other regulatory exams and inquiries, including law, rule and regulation changes;

Advisory role on Private Bank governance committees, councils and workgroups; and

Legal advice on strategic projects impacting the Private Bank.

Skills:

Interpret Relevant Laws, Rules, and Regulations

Advisory

Legal Drafting and Writing

Critical Thinking

Policies, Procedures, and Guidelines

Problem Solving

Regulatory Compliance

Issue Management

Decision Making

Influence

Legal Structures and Legal Forms

Attention to Detail

Stakeholder Management

Collaboration

Required Qualifications:

Qualified attorney to provide legal advice for trust, estate, charitable foundation and related fiduciary issues.

The applicant should have a minimum of 6-10 years of experience in the area of personal trust and estate law, preferably with direct experience working as internal or external counsel for a trust company or bank trust department.

Knowledge of the Uniform Trust Code, Uniform Principal and Income Act, Uniform Prudent Investor Act is required.

Key qualifications include decisiveness, sound, practical judgment, strong interpersonal skills, the ability to effectively prioritize and manage multiple on-going matters, and a depth of fiduciary knowledge. The applicant must be able to advise independently, as well as participate as a member of a cohesive legal team.

Desired Qualifications:

DE state law and Directed trusts (required)

Other states (preferable, not required): FL, NC, SC

Experience with real estate and privately held businesses held in trusts and estates

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

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This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.