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 an 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.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
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Job Description:
This job is responsible for providing legal counsel on matters related to corporate functions, such as Employment and Human Resources. Key responsibilities include reviewing legal documents, interpreting laws and regulations, performing legal research, and communicating legal advice to internal partners. Job expectations include directing the work of outside counsel on related matters and coordinating the work of Paralegals or other Legal staff.
The attorney will provide legal counsel on executive compensation and employee benefits matters across the enterprise. Provides general legal counsel on compensation, employment and benefits related matters, 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:
- Analyzes legal issues and implications on matters related to corporate functions
- Communicates clear, concise, actionable, and business-informed legal advice, including occasionally to leadership
- Interprets rulings, laws, and regulations
- Drafts, reviews, and/or negotiates complex legal documents, such as regulatory filings, engagement letters, offering documents, and legal opinions
- Gathers, assesses, and evaluates information from various sources with an open mind to make a judgment or inference
- Supports company responses to government agency examinations and investigations, enforcement actions, private complaints, and litigation
- Directs the work of outside legal counsel, and may coordinate the work of other Legal staff such as Paralegals, and trains, mentors, or supports the development of peers
Specific duties will include:
- Providing legal support related to employee benefit plans, such as health and welfare plans, qualified and nonqualified retirement plans, and cafeteria plans
- Providing legal support related to ERISA governance
- Providing legal support for international and global mobility matters
- Providing legal advice related to executive compensation-related disclosures, such as proxy statements
- Providing legal support for HR, compensation, and benefits executives for matters throughout the employee and executive lifecycle
- Providing legal support related to global regulatory compliance for benefits arrangements
- Providing legal support related to fringe benefit and perquisite reporting
Skills:
- Advisory
- Corporate Governance Management
- Oral Communications
- Stakeholder Management
- Written Communications
- Attention to Detail
- Collaboration
- Issue Management
- Legal Drafting and Writing
- Relationship Building
- Executive Presence
- Interpret Relevant Laws, Rules, and Regulations
- Presentation Skills
- Regulatory Compliance
- Risk Management
- Critical Thinking
- Policies, Procedures, and Guidelines
- Decision Making
- Influence
- Legal Structures and Legal Forms
Required Qualifications:
- Juris Doctor from an ABA accredited institution.
- Admitted to state bar in good standing.
- 5+ years experience practicing in the area of compensation and benefits.
- Experience with ERISA and qualified and nonqualified plans.
- Experience with US and internation benefit plans
- Experience with relevant SEC disclosure rules and IRC provisions
- Ability to work collaboratively on a solutions-focused self-directed team.
- Ability to work effectively with all levels of the organization.
- Strong project management skills.
Desired Qualifications:
- 7+ years experience practicing in the area of compensation and benefits with a benefits focus.
- Knowledge of benefits issues related to the financial services industry.
- Knowledge of executive compensation issues related to the financial services industry.
- Experience with publicly traded companies.
- International benefits experience.
Minimum Education Requirement: Doctorate degree in related field
Shift:
1st shift (United States of America)
Hours Per Week:
40