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Vice President, Legal Negotiator - EMEA Contract Management, Global Payments Solutions

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  • Job
    Full-time
    Senior & Expert Level
  • Legal
    Banking & Finance
  • London

Requirements

  • Experience drafting/negotiating various legal contracts & NDAs. And experience in conducting negotiation effectively in a customer facing role, preferable within the banking and finance industry.
  • Ability to maintain objectivity in identifying critical legal issues, weighing risks and balancing competing objectives of bank risk with client needs and satisfaction to achieve optimal results.
  • A Bachelor’s degree or equivalent in Law and legal background/experience as a qualified Lawyer or paralegal.
  • Excellent analytical, verbal and written communications skills, comfortable representing the bank in communications with associates, clients and internal/external counsel at all levels of management.
  • Broad understanding of treasury products and strong knowledge of corporate documentation, legal terminology and legal structure of various companies.
  • Ability to develop effective and positive client relationships, adapting to changing needs of our business partners and external customers.
  • Understanding of regulatory and compliance requirements in EMEA.
  • Excellent project management, organisational and process skills, able to handle full workload with tight deadlines and strong attention to detail.
  • An independent leader who is a collaborative and proactive team player that is able to influence and is a solution driven strategic forward thinker with a ‘can-do’ attitude.

Responsibilities

  • You will be responsible for preparing, reviewing, and negotiating various agreements with a focus on account opening, payments, collections, liquidity, multibank, channels, banknote and other treasury products and services but also with the option to work on other GPS contracts.
  • Negotiating Non-Disclosure Agreement (NDA) and reviewing Requests for Proposals (RFPs) for Non-Standard contractual issues.
  • Addressing related credit, risk compliance, legal, operational and business issues by applying experience, industry standards and knowledge of account documentation, cash management, banking/finance products, broader transaction banking industry, and Bank of America policies.
  • Co-ordinating and facilitating communication between various stakeholders and clients to promptly resolve documentation issues.
  • Organising and prioritising a large number of competing, complex documentation assignments to meet customer needs within short timeframes will be key to your success.
  • Facilitating communications among sales, implementation, product, operations, compliance, operational risk, credit risk, legal and client managers to promptly resolve documentation issues.
  • Managing projects within & outside Contract Management team with an aim to streamline documentation and improve client experience.
  • Advising and educating internal associates about documentation standards and options, policies and procedures.

FAQs

What is the job title for this position?

The job title is Vice President, Legal Negotiator - EMEA Contract Management.

Where is this position located?

This position is located in London.

What is the primary purpose of the Legal Negotiator role?

The primary purpose of the Legal Negotiator role is to prepare, review, and negotiate various agreements while minimizing risk exposure to the bank and maximizing client experience.

What are the essential responsibilities of this role?

Essential responsibilities include preparing and negotiating agreements, addressing legal and compliance issues, coordinating communication among stakeholders, and managing documentation assignments.

What qualifications are required for this position?

A Bachelor’s degree or equivalent in Law, experience in drafting and negotiating legal contracts, and excellent communication skills are required.

Is experience in the banking and finance industry important for this role?

Yes, experience in the banking and finance industry is preferable, especially in a client-facing role.

What are the key skills needed for success in this role?

Key skills include strong analytical abilities, project management capabilities, understanding of treasury products, and the ability to develop effective client relationships.

Are there any specific regulatory knowledge requirements for this position?

Yes, an understanding of regulatory and compliance requirements in the EMEA region is essential.

What type of benefits does Bank of America offer for this position?

Benefits include private healthcare, a competitive pension plan, back-up childcare, flexible benefits options, and opportunities for community engagement and volunteering.

How does Bank of America emphasize diversity and inclusion in the workplace?

Bank of America is devoted to being a diverse and inclusive workplace and hires individuals with a broad range of backgrounds and experiences.

Is there an emphasis on personal growth and development at Bank of America?

Yes, working at Bank of America offers opportunities to learn, grow, and make an impact, with potential for professional growth within the organization.

Can I expect a flexible working arrangement in this role?

Yes, Bank of America employs a multi-faceted approach for flexibility depending on the various roles in the organization.

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Mission & Purpose

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading. This LinkedIn company page is moderated. For more information, please visit: https://bit.ly/32FDdQr. For account issues, please visit: https://bit.ly/2GeTIeP.

Culture & Values

  • Deliver together

    We believe in the importance of treating each client and teammate as an individual and treating every moment as one that matters. We strive to go the distance to deliver, with discipline and passion. We believe in connecting person-to-person, with empathy and understanding. We believe everything we do for our clients, teammates and the communities we serve is built on a solid business foundation that delivers for shareholders.

  • Act responsibly

    We believe that integrity and the disciplined management of risk form the foundation of our business. We are aware that our decisions and actions affect people’s lives every day. We believe in making decisions that are clear, fair and grounded in the principles of shared success, responsible citizenship and community building.

  • Realize the power of our people

    We strive to help all of our employees reach their full potential. We believe that diverse backgrounds and experiences make us stronger. We respect every individual and value our differences - in thought, style, sexual orientation, gender, gender identity and expression, race, ethnicity, culture, age, ability and experience.

  • Trust the team

    We believe great teams are built on mutual trust, shared ownership and accountability. We act as one company and believe that when we work together, we best meet the full needs of our clients, and deliver value to our shareholders.

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