Sr Paralegal

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 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!
 

Job Description:
The job is responsible for providing strategic and sophisticated legal guidance while working under the supervision of an attorney. This job requires strong decision-making and sound judgment. Key responsibilities include drafting legal guidance and court filings in collaboration with internal and external counsels and conducting research and analyzing data.

This candidate will provide documentation support for the Global Commercial Bank, Business Banking, Small Business, Practice Solutions and Global Wealth Investment Management through their document preparation teams as well as internal counsel. Will Assist in the development, maintenance and programming of the bank’s proprietary commercial loan forms (known as Hotdocs) used for single bank deals. Act as primary manager of the IntraLinks exchange which involves granting and removing access for outside counsel at the direction of internal counsel.  On a regular basis attend IntraLinks remediation conference calls as well as external calls with the vendor and internal calls with other teams using IntraLinks.  Revise, update and modify forms as directed by internal legal. Participate in projects and workgroups to identify and resolve issues related to the implementation of new commercial loan products; prepare job aids/workarounds used by the document preparers for the business units to update and amend the forms in partnership with internal legal.  

Candidate will also conduct document reviews such a trust agreements, confidentiality agreements and conflict waiver for adherence to bank policy. Regularly uses discretion and independent judgment in matters of consequence to the Bank and its clients. Interacts with Outside Counsel and LOB/ECF clients with minimal supervision. May hold authority to settle litigation up to documented thresholds. Recognized as a subject matter expert within their practice group. Trains junior paralegals in area of specialty as needed. Evaluates laws, rules and regulations and provides concise written analysis to attorneys. Researches relevant facts and case law to inform legal support for internal projects. Offers practical and succinct legal guidance for clients under attorney supervision

Responsibilities:

• Evaluates laws, rules and regulations and provides concise written analysis to attorneys
• Researches relevant facts and case law to inform legal support for internal projects
• Offers practical and succinct legal guidance to clients under attorney supervision
• Collaborates with outside counsel to prepare motions, declarations, and other court filings
• Works with business and control partners on audit and other control issues

Skills:

• Analytical Thinking
• Critical Thinking
• Policies, Procedures, and Guidelines
• Prioritization
• Regulatory Compliance
• Advisory
• Issue Management
• Oral Communications
• Research
• Strategic Thinking
• Attention to Detail
• Collaboration
• Interpret Relevant Laws, Rules, and Regulations
• Legal Drafting and Writing
• Problem Solving

Required Qualifications:

• 2+ years as a paralegal at a law firm or in-house. Requires four year degree or paralegal degree/certificate or relevant business experience.

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540), US - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100), US - NY - New York - 114 W 47th St - 114 W 47th St - Ust (NY8114)Pay and benefits informationPay range$41.65 - $54.63 hourly pay, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.