Job summary
Job post source
This job is directly from Bank of America
Job overview
The Attorney – Consumer Banking & Wealth Management role at Bank of America provides legal support and strategic advice for high net worth lending products, impacting the Global Wealth & Investment Management line of business.
Responsibilities and impact
The attorney will analyze legal issues, support loan structuring and workouts, communicate legal advice, ensure regulatory compliance, draft legal documents, support audits and investigations, and collaborate with internal partners to support lending business goals.
Compensation and benefits
The salary range is $159,100 to $239,800 annually with discretionary incentives and comprehensive benefits including paid time off and wellness resources.
Experience and skills
Requires a Juris Doctorate, active state bar admission, minimum 8 years of relevant legal experience preferably in banking or financial institutions, strong knowledge of loan documentation and regulations, excellent communication, risk management, and multitasking skills.
Career development
Bank of America offers opportunities to learn, grow, and build a successful career with potential for advancement within a large financial institution.
Work environment and culture
The company values inclusivity, wellness, recognition, and community impact, with a commitment to an in-office culture balanced with role-specific flexibility.
Company information
Bank of America is a leading financial institution focused on responsible growth, client service, and community impact, with a strong emphasis on being a great place to work.
Team overview
The role involves working closely with various internal teams including product management, risk, compliance, audit, and client-facing personnel within the Global Wealth & Investment Management lending business.
Job location and travel
Positions are based in multiple US locations including Los Angeles, Pennington, New York, and Providence with an in-office culture and some flexibility.
Unique job features
The position involves handling complex legal issues related to high net worth lending, cross-border transactions, and collaboration with outside counsel and internal legal staff.
Company overview
Bank of America is a leading multinational financial institution that provides a wide range of banking, investment, and financial services to individual consumers, small and middle-market businesses, and large corporations. The company generates revenue through interest income, fees, and commissions from its diverse portfolio of services including consumer banking, wealth management, and global banking. Founded in 1904 as the Bank of Italy, it has grown through significant mergers and acquisitions, including the notable acquisition of Merrill Lynch in 2008, which expanded its investment banking and wealth management capabilities.
How to land this job
Tailor your resume to highlight your expertise in legal support for high net worth lending products, emphasizing your experience with securities-based loans, unsecured loans, and cross-border transactions relevant to Bank of America's Global Wealth & Investment Management division.
Emphasize your skills in legal drafting, regulatory compliance, risk management, and your ability to provide clear, actionable legal advice in fast-paced financial environments, as these are key responsibilities outlined in the job description.
Apply through multiple channels including Bank of America's corporate careers site and LinkedIn to maximize your chances of being noticed for this Attorney role in Consumer Banking & Wealth Management.
Connect with legal professionals and team members within Bank of America's Global Wealth & Investment Management or Consumer Banking divisions on LinkedIn; consider ice breakers like asking about recent regulatory changes impacting their work or expressing interest in how they manage complex loan documentation and compliance.
Optimize your resume for ATS by incorporating keywords from the job description such as 'legal drafting,' 'regulatory compliance,' 'risk management,' 'high net worth lending,' and 'cross-border transactions' to ensure your resume passes initial screenings.
Utilize Jennie Johnson's Power Apply feature to automate tailored applications, identify the best platforms to apply through, and find relevant LinkedIn connections, allowing you to focus your time on networking and preparing for interviews.
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