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Reporting line : Direct report of Asia General Counsel, Global Markets & International Counsel
Stakeholders : India Country Leadership Team – comprising India Country Head, India Chief Operating Officer, India heads of Corporate Banking, Investment Banking and Capital Markets, Global Payment Services, FICC and Equities lines of business; and India heads of Compliance & Operational Risk, Risk, Finance, HR and Audit control functions.
Job Statement and Narrative :
- Member of the India Country Leadership team. Based in Mumbai. In-country manager of India Legal Department. Responsible for providing/sourcing legal advice to support the conduct of onshore business activities and maintenance of related onshore operating and control frameworks.
- BofA’s India franchise comprises Corporate Banking, Global Payment Services and FICC activities conducted in branches of Bank of America NA in Mumbai, New Delhi, Chennai and Bengaluru); and Investment Banking, Capital Markets, Equities and FICC activities conducted via BofA Securities India Ltd. As a member of the India Country Leadership team and of the regional Legal Department, the India General Counsel will be called upon to coordinate legal support for these activities, related risk and operating frameworks and responses to any disputes or regulatory enquiries, via regional Legal Department product specialists and onshore external counsel, and in doing so balancing the needs of the firm’s regional/global franchise norms with those of the onshore competitive/operating environment.
Managerial Responsibilities:
- This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above
- Breaks down barriers to create a more inclusive environment that supports company D&I goals
- Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations
- Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success
- Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization
- Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance
- Efficiently allocates and manages resources across the organization to drive short and long term profitability
- Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs
- Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage
Skills:
- 20+ years’ PQE
- Indian legal qualification and onshore practicing experience in supporting one or more of the abovementioned business activities
- In-house experience at an international financial institution, or experience in supporting such institutions at an India law firm
- Language proficiency: English (high professional level)
- Problem Solving
- Risk Management
- Stakeholder Management
- Legal Drafting and Writing
- Issue Management
- Mentoring
- Drives Engagement