Key Responsibilities:

• Negotiate, draft, structure and advice on a wide range of derivatives documentation including ISDA Master Agreements, Credit Support Annexes, IM documentation and bespoke Collateral agreements; cleared derivatives documentation; GMRA and GMSLA; FBF and Deutscher Rahmenvertrag on behalf of various Bank of America entities.
• Work closely with Sales, Credit and the Onboarding team to maximize the efficiency of the documentation onboarding of clients.
• Advise front office, sales and trading, operations risk and collateral on documentation issues arising during negotiations.
• Act as Relationship Manager for the suite of agreements for a portfolio of high priority clients, serving as the primary point of contact and coordinating the agreement negotiation process across products.
• Liaise with internal partners and marketers/traders to accurately reflect the necessary credit and business terms in the transactional suite while ensuring compliance with applicable laws and regulations and bank guidelines and policies.
• Update trading agreement and other systems of record.
• Work on regulatory and other special projects as and when required.

Required Qualifications:

• Demonstrated prior related experience in a similar role.
• Strong substantive knowledge of markets documentation.
• Excellent communication, analytical and organisational skills.
• Ability to work independently while being part of a cohesive team.
• Highly self-motivated with the ability to prioritize and drive execution.
• Ability to exercise excellent judgment within defined parameters.
• Significant experience with hedge fund structures and the PB industry.
• Law qualified preferred but not necessary.

Benefits of working at Bank of America (UK):

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
• Competitive pension plan, life assurance, and group income protection cover if you become unable to work because of a disability or health reasons.
• We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a well-being account, travel insurance, critical illness, cycle to work etc.
• Use of a flex fund to use towards benefits.
• Access to an emotional wellbeing helpline, and virtual GP services.
• Access to the Peppy App which provides 1:1 support, consultations and resources relating to men’s health, women’s health, fertility, menopause, and pregnancy & parenthood.
• Access to a range of gyms, exercise classes, and wellbeing Apps through Wellhub, including Headspace and Calm.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area.

Bank of America:

Good conduct and sound judgment is crucial to our long-term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religious or similar philosophical belief, political opinion, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.