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Posted April 25, 2024

Fair Lending Attorney

Bank of America
Charlotte, NC Full Time
Reference: BankofAmerica24011493_3

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. Were 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:
Candidate will join the Fair and Responsible Banking legal team, providing legal support on fair lending & banking/anti-discrimination, UDAAP, and/or Community Reinvestment Act (CRA) requirements across the enterprise. This role will provide ongoing practical legal advice, counsel, and advocacy in the teams coverage areas, including: interpreting current and proposed laws and regulations as applicable to all aspects of the product lifecycle, customer treatment, models and data use, channel strategy, and marketing; identification and appropriate mitigation of risk, including supervision and evaluation, under attorney-client privilege, of testing and monitoring and internal reviews; and supporting company responses to government agency examinations and investigations, enforcement actions, private complaints, and litigation.

Required Skills:

  • Juris Doctor degree and licensed in good standing to practice law in at least one state in which Bank of America does business
  • 5 or more years of relevant experience as an attorney in a law firm, government agency, or in-house environment
  • Experience with anti-discrimination and consumer protection laws and regulations, including relevant federal/state/local fair lending & banking laws (e.g., Equal Credit Opportunity Act, Fair Housing Act, Home Mortgage Disclosure Act, and/or Community Reinvestment Act) and/or UDAAP/UDAP laws

Desired Skills:

  • Relevant experience working in a government regulatory or enforcement agency
  • Demonstrated excellent written and verbal communication and interpersonal skills; executive presence when dealing with high-level business leaders
  • Excellent issue spotting, risk assessment, research, and problem-solving/analytical skills; ability to quickly identify key issues, separate the noise, and provide practical advice and solutions
  • Ability to work closely with other lawyers, compliance and risk professionals, etc., in a collegial and cooperative manner
  • Excellent organizational/project management skills and attention to detail
  • Initiative and strong work ethic (self-starter); ability to work independently
  • Client focused, emphasis on prompt delivery of quality services
  • Flexibility and adaptability when faced with changing conditions or priorities in a fast-paced environment
  • Experience with any/all of the following:
  • Federal administrative rulemaking processes and interpreting new regulatory requirements
  • Administrative fair housing complaints filed with HUD and/or substantially equivalent agencies
  • Statistical analysis and/or algorithmic models, particularly in the fair lending/anti-bias context
  • Managing the work of investigators, paralegals, and/or other professionals
  • Banking regulator supervisory examinations
  • Supporting targeted reviews of business practices to identify and mitigate potential fair lending/banking and/or UDAAP risk


Minimum Education Requirement: Juris Doctor

Shift:

1st shift (United States of America)

Hours Per Week:

40

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