Job Description:
Job Description
Responsibilities:
- Manage drafting and negotiating of various trading agreements with a primary focus on Master Securities Forward Transaction Agreements but also including, Master Repurchase Agreements Master Repurchase Agreements, ISDA Master Agreements and Credit Support Annexes, and related ancillary documentation, between Bank of America and its clients.
- The negotiator will work closely with Sales and the On-boarding teams to maximize the efficiency of the client integration process.
- Identification and facilitation of credit, legal, tax and policy issues by coordinating communications among credit officers, collateral management, tax department, counsel (in-house and outside) and client representative (“internal partners”).
- Liaising with internal partners and marketers/traders to accurately reflect the necessary credit and business terms of the relationship whilst conforming to bank guidelines and policies.
- Updating of Bank systems including the documentation system of record.
- Involvement in special projects as and when required.
Core skills and requirements
- Bachelor’s Degree/ Law Degree strongly preferred
- 2-5 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 for 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 information
Pay range$110,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This 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.
Benefits
This 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.
What We Do
We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth.
Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.
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