Technology Attorney

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 a diverse and 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.

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

Job Description:

The Bank of America Global Technology Legal team, which supports the bank’s Global Technology organization, is seeking a talented, versatile and dynamic attorney to conduct contract reviews and negotiations as part of information security due diligence of vendors proposing or selected to provide products/services to Bank of America. We are looking for an attorney with initiative and drive who can handle a high volume of potentially complex legal work, conducting contract reviews and contract negotiations pertaining to information security provisions.

Responsibilities:

• Conducting contract reviews and negotiations as part of information security due diligence of vendors, drafting and providing alternate contractual terms when third parties make unacceptable changes to the bank’s standard information security material terms. 
• Following established processes, assessing risk and thinking laterally, negotiating alternate contractual terms or language to optimally address the concerns of the third party while maintaining the information security protections the standard terms were designed to accomplish.
• Leading escalation of deviations from the bank’s standard information security terms to senior information security and business leaders, ensuring that all applicable processes are followed and appropriate escalations made.
• Providing strategic advice to internal clients that balance business objectives and legal and information security risk.

Skills:

• Advisory
• Critical Thinking
• Interpret Relevant Laws, Rules, and Regulations
• Legal Drafting and Writing
• Policies, Procedures, and Guidelines
• Decision Making
• Issue Management
• Problem Solving
• Regulatory Compliance
• Attention to Detail
• Collaboration
• Influence
• Legal Structures and Legal Forms
• Stakeholder Management

Required Qualifications:

• Juris Doctor from an accredited law school
• Active member in good standing of at least one state bar or the District of Columbia
• Minimum of 3-5 years’ experience drafting, negotiating, and providing guidance on commercial contracts;
• A genuine interest in information security and a commitment to continual learning in this fast-moving domain
• Leveraging sound judgment and an understanding of business goals to help internal clients evaluate risk effectively
• Ability to work independently, prioritize work, effectively manage multiple issues at one time, and interact effectively with personnel at all levels (including up to executive level management) across the organization.
• A proven record of being an effective team player dedicated to collective successes. The ability to promote cooperation and solve problems in a timely, creative, and professional manner.
• Presenting in front of non-legal stakeholders and communicating legal concepts in a clear, straightforward, and practical way
• Strong attention to detail and excellent analytical skills

Desired Qualifications:

• A deep understanding of  information security and/or technology
• Previous information security audit and assessment experience, or experience of negotiating information security provisions
• Strong command of the laws and regulations applicable to technology and information security in the financial services industry.

Minimum Education Requirement: Juris Doctor

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)Pay and benefits informationPay range$160,000.00 - $275,700.00 annualized salary, 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.