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Bank of America
Bank of America
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Bank of America is a global financial institution operating across banking, finance, and fintech. Its services include personal banking, small-business support, wealth management, investment services, and access to capital markets for individuals, businesses, and institutions. The company also focuses on responsible growth through sustainable finance, diversity initiatives, and community development programs.
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Private Bank and Merrill Legal Counsel Attorney

Advise Bank of America’s Private Bank and Merrill businesses on fiduciary accounts, disputes, and regulatory matters. Draft legal documents and support investigations, compliance, and litigation.

USUnited StatesFLFloridaILIllinoisMAMassachusettsNYNew YorkNCNorth CarolinaTXTexas
$157,500 – $239,800 / year
On-siteFull-timeMiddleSeniorEnglish RequiredGeneral Counsel

Description

  • Provide legal counsel to the Private Bank, Merrill, and Consumer Investments businesses.
  • Advise on account opening and servicing, disputes, investigations involving at-risk individuals, trust changes, estate settlements, pre-litigation matters, complaints, and other legal issues.
  • Offer practical legal guidance to business partners.
  • Contribute legal support to strategic initiatives and projects.
  • Identify legal risks and help address them.
  • Help maintain compliance with applicable laws, regulations, and company policies.
  • Analyze legal issues concerning consumer banking and wealth management products, services, and regulation.
  • Give clear, concise, actionable advice informed by business needs, including to leadership.
  • Assess rulings, laws, and regulations from compliance and business-control perspectives.
  • Draft, review, and negotiate complex documents, including engagement letters, debt agreements, offering documents, and legal opinions.
  • Collect and evaluate information to support judgments and inferences.
  • Assist with responses to government examinations and investigations, enforcement actions, private complaints, and litigation.
  • Review and interpret wills, trust agreements, powers of attorney, and legal entity documents under state law.
  • Advise on investment products held in Private Bank fiduciary and Merrill brokerage accounts.
  • Resolve complaints and pre-litigation disputes in coordination with regulatory, litigation, and internal investigation legal teams.

Requirements

  • Hold an active license in good standing to practice law in at least one state where Bank of America operates.
  • Have at least five years of relevant attorney experience in a law firm, government agency, or in-house role.
  • Demonstrate excellent written, verbal, and interpersonal communication skills.
  • Show executive presence when working with senior business leaders.
  • Be able to provide advice and opinions and debate issues with senior colleagues in business, compliance, and risk.
  • Bring strong issue-spotting, risk assessment, research, analytical, and problem-solving skills.
  • Recognize key issues and know when to escalate them to management and business leaders.
  • Prioritize and manage a substantial caseload.
  • Adapt to changing conditions and priorities in a fast-paced environment.
  • Work effectively with lawyers, business partners, and compliance and risk professionals.
  • Show initiative and a strong work ethic, with the ability to work independently.
  • Hold a doctorate degree in a related field.
  • Experience with trusts, estates, charitable foundations, and related fiduciary matters is preferred.
  • Experience with broker-dealer laws, SEC and FINRA matters, state laws concerning powers of attorney, trusts and estates, and litigation or regulatory matters is preferred.
  • International legal experience is a plus.

Benefits

  • Affordable, competitive, flexible benefits.
  • Resources supporting physical, emotional, and financial wellness.
  • Opportunities to learn, grow, and contribute.
  • Eligibility for an annual discretionary incentive plan.
  • Paid time off.
  • Employee resources and support.

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