Senior capital markets and derivatives attorney to support Bank of America Merrill Lynch Global Wealth and Retirement Solutions (GWRS) group's offering of investment products to its wealth management clients. Primary responsibilities include:
Providing legal support to the GWRS Capital Markets and Alternative Investments businesses, particularly with respect to SEC-registered public securities offerings, private placements, secondary market trading matters, and over-the-counter (OTC) derivatives transactions.
Counseling the business on regulatory, disclosure, best execution, and trading matters pertaining to capital markets products, including equity and debt securities, fixed income investments, certificates of deposit, structured products, market-linked investments, municipal securities, listed options, and foreign exchange spot, forward and option transactions.
Advising the business on OTC derivatives transactions, derivatives trade confirmations, ISDA definitions, and swap requirements under SEC and CFTC rules.
Advising the business on SEC prospectus disclosures and securities distribution agreements.
Advising the business on Volcker Rule provisions on proprietary trading.
Advising the business on regulatory matters pertaining to the above.
Participating in the review, policy and governance processes related to the above products and services, working with business and control partners across various groups within the organization.
Enterprise Description: Provides general legal counsel to AMGs investment management business 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.
A minimum of 10 years of experience as a practicing attorney.
Prior in-house experience is preferred.
Must be an effective communicator, with excellent written and oral communication skills.
Must be a critical thinker who is able to meet tight deadlines and perform in a high-pressure environment.
Ability to collaborate with others is essential.
Proficient knowledge of the Securities Act of 1933, the Securities Exchange Act of 1934, the Commodities Exchange Act, and SEC, FINRA and CFTC rules and regulations, including Regulation D private placement regulations, Regulation S offshore offering regulations, Rule 144 restricted securities provisions, and swaps regulations.
Experience with advising on OTC derivatives transactions and ISDA definitions, including those executed with high net worth non-institutional counterparties
Must be admitted to at least one state bar (active and in good standing)