Global Transaction Services Attorney

**Latin America Legal Group Searches for a Global Transaction Services Attorney (VP Level)**

Bank of America Legal group seeks a qualified attorney with experience in banking and finance regulations, cash management & digital banking services, technology, trade & supply chain finance, cards and merchant services within its Global Banking division in São Paulo. This attorney supports the Global Transaction Services businesses in Brazil as a member of Latin America Global Transaction Services legal team. The relevant Latin America client base is primarily made up of multinational companies, financial institutions (bank and non-bank), regional and indigenous large corporates, governments, and international organizations.

**Responsibilities**:

- The primary responsibility is to provide sound, responsive legal advice to GTS business in respect of corporate client negotiations, structuring of new products and services, modification/customization of existing products and services to clients’ requirements, development of documentation for existing and new product offerings and services, legal and regulatory issues on a full range of transactional and regulatory matters, arising out of global and regional payment and treasury services, trade finance, card products, merchant services;
- Provide timely and practical legal advice, as well as strategic guidance across the Bank, on client negotiations of standard global and local client contracts, innovative technology, payments/receivables/financial laws and regulations, instant payments (Pix), Open Finance, payments schemes, digital wallets, payment institution licensing, CBDC, payment gateways, credit and debit card settlements, merchant acquiring, account and electronic services documentation and liquidity contracts, supply chain finance, trade matters (SBLC/LC, loans, export credit notes);
- Work in partnership with GTS business, product and cross-functional teams, including Risk, GFC, Compliance and Enterprise Credit to simplify the roll out of new products and to develop, enhance and implement any new legal, regulatory and business initiatives affecting GTS, providing sophisticated and practical risk-appropriate advice, in a manner that is consistent with Bank of America’s guidelines, policies, risk frameworks and applicable laws, rules and regulations;
- Dealing with inquiries from the business, including Risk Management, Contract Management and Operations on a range of payment and operations-related issues, working closely with other internal and external lawyers, as necessary;
- Proactively identify, escalate and debate risks, operational matters and customer complaints, partnering with the head of Latin America GTS legal and the head of Brazil legal department;
- Liaise with the Litigation and the Regulatory Investigations Group, as needed, to address investigations, disputes and litigation matters;
- Review, update, standardize and draft relevant contractual documentation for GTS products and services, particularly with respect to new products, customized agreements and credit support documentation;
- Working closely with other internal lawyers and Compliance to review and advise on publications and other communications for internal and external use;
- Engage and manage outside counsel, as needed;

**Core skills and requirements**:

- Strong work ethic, self-initiative and creative, with the ability to manage a high volume of work in a fast-paced and changing environment;
- A solid understanding of Brazilian banking laws, regulations and rules impacting the above products and services;
- Licensure in Brazil is required;
- Fluent English and Portuguese required (Spanish a plus).

**Job Band**:
H5

**Shift**:
**Hours Per Week**:
40

**Weekly Schedule**:
**Referral Bonus Amount**:
0