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Bank of America Vice President, Legal Negotiator - Contract Manager, Contract Management in HONG KONG ISLAND, Hong Kong

Vice President, Legal Negotiator - Contract Manager, Contract Management

HONG KONG ISLAND, Hong Kong;Singapore, Singapore

Job Description:

Company Overview

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 organisation.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Role Description

An exciting opportunity to join Contract Management team sitting within the Global Payment Services (GPS) line of business. The team currently consists of 40+ Contract Managers across EMEA, APAC, and the US with key focuses for providing support on the negotiation of GPS contracts with clients in minimising risk exposure to the Bank; maximising the client experience; minimising cost; minimising cycle times and improving time to revenue; providing industry leading document, negotiation, and advisory support to GPS clients; and documentation simplification and digitisation.

You will be an integral part of the team working closely with a variety of colleagues across the business. This role is your opportunity to expand and strengthen your legal knowledge, refine your negotiation skills, have visibility of the evolving regulatory banking environment, express your passion and share ideas, understand innovative approaches to transaction banking, with an appealing prospect of professional growth within Bank of America and the banking industry.

Responsibilities

  • You will be responsible for preparing, reviewing, and negotiating various agreements with a focus onaccount opening, payments, collections,liquidity, multibank, channels, banknote and other treasury products and servicesbut 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 communicationbetween various stakeholders and clientsto 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.

Requirements

  • At least 8 years’ 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 legalbackground/experience as aqualified 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 APAC.

  • Excellent project management, organisational and process skillls, able to a 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.

Bank of America

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

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