Performs highest level of substantive legal based services; uses advanced skills developed through substantial experience in a specialized area and is a relied upon resource for complex matters. 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. Requires four year degree or paralegal degree/certificate or relevant business experience.
Review, maintain, and track the small business collateral library (documents, scripts, web pages, emails, etc., having small business legal content), coordinate work with Disclosure Management; support attorneys and participate with project teams in new product development and new product features for small business credit cards, deposit products, and online banking products; manage the Rewards Program Rules (cash and points); draft and review related amendments; support the various rewards lines of business; perform legal research of federal and state statutes, regulations, and cases, as assigned by attorneys. Research in-house policies, processes, and procedures; coordinate work with and assist risk partners (Compliance, Risk, Audit) and Small Business contact groups (CDG, Practice Solutions, Merchant, Consumer Card and Deposits) with fact-finding, document review and retrieval, phone calls, etc.; review marketing material, offers, and other communications for small business credit cards, deposits, and online banking products and features; attend regular and special meetings on behalf of attorneys; spot legal issues for escalation to attorneys; respond to questions regarding IOLTA matters; maintain a library of state requirements and forms; handle special projects as needed.
- College Degree
- Paralegal certificate from accredited school
- Excellent research skills
- Minimum 5-7 years of consumer/small business banking experience with a law firm or corporate legal department; in depth knowledge of consumer protection laws preferred.
- Ability to manage multiple document reviews and work assignments.
- Ability to analyze complex contract, disclosure, and regulatory issues.
- Have an aptitude for detail and high degree of organization.
Bank of America Corporation is a bank holding company. Through its banking subsidiaries (the Banks) and various non-banking subsidiaries...