Contract Manager I

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Job description

Job Description:

At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into treasury solutions for our clients globally - across all segments and industries. We are looking for highly motivated, self-starters who can advocate for our clients in providing liquidity management, payments and receipts, trade and supply chain finance, FX and commercial card services, by complementing high tech with a personalized touch. Challenge the status quo and influence peers with diverse points of view. Forward thinkers with ability to see what's next in treasury management. The future of treasury management is here at Bank of America. Powered by people. Driven by Technology.
The Contract Management team closes contractual negotiations with GTS clients as quickly and efficiently as possible, reducing time to revenue, minimizing legal costs, while protecting both the client relationship and BofA's risk position. Primary focus of the business is to prepare, review, and negotiate agreements including primarily Global Transaction Services cash management services agreements, but may also include master agreements and supporting documentation for account opening, and foreign exchange. Applies experience, industry standards and knowledge of treasury management products, corporate formation documents, and Bank of America policies to address related credit, risk, compliance, legal, operational, and business issues. The broader contract management team supports all GTS business which includes trade services, card products, and deposit account control agreements.

A successful Contract Negotiator will:
• Facilitate communications among sales, implementation, product, operations, compliance, risk, credit officers, legal staff, and client managers to promptly resolve documentation issues.
• Organize and prioritize a large number of competing, complex documentation assignments to meet customer needs.
• Present excellent analytical, verbal, and written communications skills and is comfortable representing the bank in communications with associates, clients, and internal/external counsel at all levels of management.
• Advise and educate internal associates about documentation standards and options, policies and procedures.
Behavioral Qualifications

Inclusive and Inspiring: Seeking motivating team players who value collaboration, celebrating shared success and who actively seek and appreciate diverse thoughts and backgrounds
Authentic and Passionate: Seeking highly engaged teammates whose intensity and intentions align and are enthusiastic about the work we are doing for our clients and in our communities
Innovative and Curious: Seeking teammates with out-of-the box ideas and solutions, who embrace change with a future-forward mindset, and are looking to challenge the status quo
Confident and Agile: Seeking strong communicators who value giving and receiving feedback, easily build relationships, and who are quick thinking, flexible, and always learning and sharing knowledge
Required Skills
• Undergraduate/Graduate degree (Pre-Law or Business preferred)
• Paralegal or technical training on contracts preferred
• Broad knowledge of and comfort working with complex legal documentation (contracts)
• Excellent analytical, verbal, and written communications skills.
• Negotiation skills - conducts negotiations effectively, balancing competing objectives to achieve optimal results
• Risk aware (including of the protections that the various aspects of our agreements seek to achieve)
• Strong project management and process skills, able to handle full workload with tight deadlines
• Ability to develop effective and positive client relationships
• Ability to maintain objectivity in balancing bank risk with client needs and satisfaction
• Ability to adapt and dynamically prioritize
• Strong written and verbal communication skills
• Self-assured, Independent and Driven
Desired Skills
• Strong financial acumen
• Portuguese language proficiency
• Strong project management and process skills
• Detailed knowledge of treasury/cash management products
• Knowledge of various companies legal structures (sole proprietorships, partnerships, limited partnerships, LLCs, corporations, trusts, etc.)

Job Band:
H5

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
--> Job Description:

At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into treasury solutions for our clients globally - across all segments and industries. We are looking for highly motivated, self-starters who can advocate for our clients in providing liquidity management, payments and receipts, trade and supply chain finance, FX and commercial card services, by complementing high tech with a personalized touch. Challenge the status quo and influence peers with diverse points of view. Forward thinkers with ability to see what's next in treasury management. The future of treasury management is here at Bank of America. Powered by people. Driven by Technology.
The Contract Management team closes contractual negotiations with GTS clients as quickly and efficiently as possible, reducing time to revenue, minimizing legal costs, while protecting both the client relationship and BofA's risk position. Primary focus of the business is to prepare, review, and negotiate agreements including primarily Global Transaction Services cash management services agreements, but may also include master agreements and supporting documentation for account opening, and foreign exchange. Applies experience, industry standards and knowledge of treasury management products, corporate formation documents, and Bank of America policies to address related credit, risk, compliance, legal, operational, and business issues. The broader contract management team supports all GTS business which includes trade services, card products, and deposit account control agreements.

A successful Contract Negotiator will:
• Facilitate communications among sales, implementation, product, operations, compliance, risk, credit officers, legal staff, and client managers to promptly resolve documentation issues.
• Organize and prioritize a large number of competing, complex documentation assignments to meet customer needs.
• Present excellent analytical, verbal, and written communications skills and is comfortable representing the bank in communications with associates, clients, and internal/external counsel at all levels of management.
• Advise and educate internal associates about documentation standards and options, policies and procedures.
Behavioral Qualifications

Inclusive and Inspiring: Seeking motivating team players who value collaboration, celebrating shared success and who actively seek and appreciate diverse thoughts and backgrounds
Authentic and Passionate: Seeking highly engaged teammates whose intensity and intentions align and are enthusiastic about the work we are doing for our clients and in our communities
Innovative and Curious: Seeking teammates with out-of-the box ideas and solutions, who embrace change with a future-forward mindset, and are looking to challenge the status quo
Confident and Agile: Seeking strong communicators who value giving and receiving feedback, easily build relationships, and who are quick thinking, flexible, and always learning and sharing knowledge
Required Skills
• Undergraduate/Graduate degree (Pre-Law or Business preferred)
• Paralegal or technical training on contracts preferred
• Broad knowledge of and comfort working with complex legal documentation (contracts)
• Excellent analytical, verbal, and written communications skills.
• Negotiation skills - conducts negotiations effectively, balancing competing objectives to achieve optimal results
• Risk aware (including of the protections that the various aspects of our agreements seek to achieve)
• Strong project management and process skills, able to handle full workload with tight deadlines
• Ability to develop effective and positive client relationships
• Ability to maintain objectivity in balancing bank risk with client needs and satisfaction
• Ability to adapt and dynamically prioritize
• Strong written and verbal communication skills
• Self-assured, Independent and Driven
Desired Skills
• Strong financial acumen
• Portuguese language proficiency
• Strong project management and process skills
• Detailed knowledge of treasury/cash management products
• Knowledge of various companies legal structures (sole proprietorships, partnerships, limited partnerships, LLCs, corporations, trusts, etc.)

Job Band:
H5

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
Job Description: At Bank of America, each day brings innovation and opportunity. We are dedicated to turning technology advances into treasury solutions for our clients globally - across all segments and industries. We are looking for highly motivated, self-starters who can advocate for our clients in providing liquidity management, payments and receipts, trade and supply chain finance, FX and commercial card services, by complementing high tech with a personalized touch. Challenge the status quo and influence peers with diverse points of view..... click apply for full job details