Director; Reg Doc Manager

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Responsibilities

• Serve as subject matter expert over OTC Derivatives documentation for LatAM clients across all different client segments including Hedge Funds, and Corporations.
• Develop and train professional staff involved in the review, preparation and negotiation of master agreements for derivatives, foreign exchange and treasury management products.
• Participate in negotiations involving priority clients or particularly complex issues.
• Use substantive legal expertise and knowledge to resolve complex issues during the negotiation process of OTC Derivative documentation including issues related to Collateral requirements, events of default against the clients, regulatory language and requirements, etc.
• Coordinate with administrative staff responsible for various functions supporting the negotiation process, including secretarial, general administrative, file control and file audit activities.
• Support the drafting, review, negotiation, execution, and system profiling of ISDA/CSA agreements and LatAm local law derivatives contracts, including CGD and CMOF, while coordinating with stakeholders to ensure compliance and proper recording of related guaranties.
• Conduct complex and sensitive negotiations for high profile clients in different segments including corporates, financial institutions and hedge funds.
• Use knowledge of banking and financial services regulation in a remediation context, including in Latin America in order to negotiate documentation by explaining regulatory implications to clients and stakeholders and to ensure documentation is in compliance with applicable regulations.
• Use knowledge of netting and collateral enforceability requirements in LatAM and globally to ensure favorable netting and collateral treatment for exposures and collateral associated with derivatives trading.
• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience

• Bachelor's degree or equivalent in Business Administration, Finance, Economics, Legal Studies, or related: and
• 5 years of progressively responsible experience in the job offered or a related Finance occupation.
• Must include 5 years of progressively responsible experience in each of the following:
• Supporting the drafting, review, negotiation, execution, and system profiling of ISDA/CSA agreements and LatAm local law derivatives contracts, including CGD and CMOF, while coordinating with stakeholders to ensure compliance and proper recording of related guaranties;
• Conducting complex and sensitive negotiations for high profile clients in different segments including corporates, financial institutions and hedge funds;
• Knowledge of banking and financial services regulation in are mediation context, including in Latin America in order to negotiate documentation by explaining regulatory implications to clients and stakeholders and to ensure documentation is incompliance with applicable regulations;
• Using knowledge of netting and collateral enforceability requirements in LatAM and globally to ensure favorable netting and collateral treatment for exposures and collateral associated with derivatives trading.

BofA Securities, Inc.

Shift:

1st shift (United States of America)

Hours Per Week:

40