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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
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Job Description:
Provides general legal counsel on 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:
- Providing legal support for HR, compensation, and benefits executives for matters throughout the employee and executive lifecycle, including in matters related to new hires, in-service employees, and departing individuals
- Providing legal support related to the design and operation of executive compensation plans and arrangements, including equity awards
- Providing legal advice related to executive compensation-related disclosures, such as proxy statements and Section 16 filings
- Providing legal support related to global regulatory compliance for compensation arrangements
- Providing legal support related to employee benefit plans, such as qualified and nonqualified retirement plans, health and welfare plans, and cafeteria plans
- Providing legal support related to fringe benefit and perquisite reporting
Skills:
• Interpret Relevant Laws, Rules, and Regulations
• Advisory
• Legal Drafting and Writing
• Critical Thinking
• Policies, Procedures, and Guidelines
• Problem Solving
• Regulatory Compliance
• Issue Management
• Decision Making
• Influence
• Legal Structures and Legal Forms
• Attention to Detail
• Stakeholder Management
• Collaboration
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 relevant SEC disclosure rules and IRC provisions
- Experience with ERISA and qualified and nonqualified plans.
- Experience with executive offer letters and separation agreements
- 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 an executive compensation focus.
- Knowledge of executive compensation issues related to the financial services industry.
- Experience with publicly traded companies.
- International compensation and benefits experience.
Shift:
1st shift (United States of America)
Hours Per Week:
40