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Bank of America
New York, New York, United States
(on-site)
Posted
15 hours ago
Bank of America
New York, New York, United States
(on-site)
Job Function
Financial Services
VP/DIR, AMRS LatAM ISDA and Local Law OTC Derivative Agreement Negotiator
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
VP/DIR, AMRS LatAM ISDA and Local Law OTC Derivative Agreement Negotiator
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Responsibilities:
- Manage the drafting and negotiating of agreements for LatAM clients across various different client segments including Hedge Funds and Corporations with a primary focus on ISDA/CSAs and local law OTC derivatives documentation.
- The negotiator will work closely with Sales and other internal partners to maximize the efficiency of the client integration process.
- Identify and manage credit, legal, tax and policy issues by coordinating communications among credit officers, collateral management, the tax department, counsel (in-house and outside) and client representatives.
- 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:
- Fluent in Portuguese and strong Spanish speaking/writing skills
- Bachelor's Degree (Law Degree strongly preferred)
- 3 to 10 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 issues and drive matters to execution.
- Ability to exercise judgment within defined parameters.
- Familiarity with standard OTC Derivatives practices for LatAM and Corporate clients
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 - $250,000.00 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.
Job ID: 84383078
Investing in our teammates’ wellness and long-term career growth.
Bank of America has always been the bank of opportunity for our shareholders, our clients and customers, our communities and our teammates.
We’re committed to connecting our nation’s military to the training, education and resources that put them on the path to financial stability. We employ thousands of veterans and military spouses. Building on that, since 2014 we have hired more than 10,000 service members. We also finance and partner with organizatio...
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