Attorney - Employment & Benefits

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!

Role Overview

This job is responsible for providing legal counsel on executive compensation, employee benefits, and related compensation, employment, and benefits matters across the enterprise, including advice on products, services, and legal matters impacting the company.

Key Responsibilities

• Analyzes legal issues and implications on matters related to corporate functions
• Communicates clear, concise, actionable, and business-informed legal advice, including occasionally to leadership
• Interprets rulings, laws, and regulations
• Drafts, reviews, and/or negotiates complex legal documents, such as regulatory filings, engagement letters, offering documents, and legal opinions
• Gathers, assesses, and evaluates information from various sources with an open mind to make a judgment or inference
• Supports company responses to government agency examinations and investigations, enforcement actions, private complaints, and litigation
• Directs the work of outside legal counsel, and may coordinate the work of other Legal staff such as Paralegals, and trains, mentors, or supports the development of peers
• Provides legal support for executive compensation programs and arrangements, including incentive compensation, equity awards, executive employment matters, and related compensation governance activities
• Advises on legal and regulatory requirements applicable to executive compensation disclosures and reporting obligations, including proxy statement disclosures, securities law requirements, and insider reporting matters
• Provides legal counsel regarding employee benefit plans and compensation-related programs, including qualified and nonqualified retirement plans, health and welfare plans, cafeteria plans, fringe benefits, executive perquisites, and global compensation compliance requirements

Required Qualifications

• 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.

Skills

Advisory Corporate Governance Management Oral Communications Stakeholder Management Written Communications Attention to Detail Collaboration Issue Management Legal Drafting and Writing Relationship Building Executive Presence Interpret Relevant Laws, Rules, and Regulations Presentation Skills Regulatory Compliance Risk Management

Minimum Education Requirement

Doctorate degree in related field

Shift

1st shift (United States of America)

Hours Per Week

40

Privacy Statement

Partnering Locally

Learn about some of the ways Bank of America is making a difference in the communities we serve.

Global Impact

Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates.

Opportunity and Inclusion

Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success.

Our Values

Learn about our four values that represent what we believe.

Pay Transparency

Additional Company Information

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. 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! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe. Pay Transparency: