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. 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!

Job Description:

The Bank of America GPS Legal team is seeking an experienced attorney to support its Global Payments Solutions businesses in São Paulo, Brazil. The role involves the handling of a wide range of transactional, legal, and regulatory matters related to payments, treasury services, trade & supply chain finance, banking regulations, digital legal issues, guarantees, and cross-border financings. Responsibilities include drafting and reviewing complex legal contracts. Candidates should have at least 10 years of work experience in banking and finance and must hold a valid license to practice law in Brazil.  Fluency in English and Portuguese is required; Spanish is a plus.

Responsibilities:

The primary responsibilities are to provide timely and practical legal advice to the Brazil GPS business (including on client negotiations) in respect of global and regional payments, treasury and trade services, liquidity & receivables products, banking and finance regulations, digital legal issues, trade & supply chain finance, merchant acquiring, electronic services documentation,  new product offerings, innovative technology, Pix, Open Finance, digital wallets, CBDC, payment gateways, SBLCs/LCs, pre-export and import lending, export credit notes, bank credit notes, guarantees, card products, and international and cross-border financings;

Draft, review, and standardize relevant contractual documentation for GPS products and services, particularly with respect to new products, customized agreements, and credit support documentation;

Work in partnership with GPS business, product, and cross-functional teams, including Risk, GFC, Compliance and Enterprise Credit to simplify, develop, enhance, and implement new products, and any legal, regulatory, and business initiatives affecting GPS, 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, Compliance, Risk, Credit, 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 GPS 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;

Engage and manage outside counsel, as needed.

Skills:

A solid understanding of Brazilian banking and finance laws and rules related to the mentioned products and services;

At least 10 years of work experience in legal related to banking and finance;

Must hold a valid license to practice law in Brazil;

Fluency in English and Portuguese is required; Spanish is a plus;

Excellent academic background with significant experience in law firms or in-house roles, focusing on payments and trade & supply chain transactions, including advising clients and product teams;

Proactive and resilient strategic thinker with a strong work ethic, capable of building trusted relationships with clients and team members;

Preferred experience in handling complex transactions and developing legal frameworks for new products and services, especially in payments and trade finance;

Ability to manage multiple priorities in a fast-paced environment, with strong judgment, analytical, internal client counseling, and negotiation skills;

Self-motivated, curious about emerging technologies, and a collaborative team player.