Attorney – AI Contracts

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

This job is responsible for providing legal advice and support for artificial intelligence (AI)-related contracting, enterprise AI contracting standards, and strategic technology transactions while helping shape the legal framework governing the use, deployment, and management of AI-enabled and other critical technologies across the enterprise. Key responsibilities include structuring, drafting, reviewing, and negotiating AI-related provisions in vendor, client, technology, data, and commercial agreements; developing and maintaining enterprise contracting standards, templates, playbooks, clause libraries, and escalation frameworks; and advising on legal issues related to data use, intellectual property, cybersecurity, regulatory compliance, and AI governance. Job expectations include collaborating with Technology, Procurement, Risk, Compliance, Information Security, and business partners to support technology initiatives, negotiating complex technology transactions, providing practical legal guidance on emerging technologies, and enabling innovation through commercially reasonable and legally sound solutions.

Responsibilities:

• Serve as a lead legal advisor on AI-related technology agreements and strategic technology transactions, including agreements involving AI tools, GenAI platforms, software, cloud, SaaS services, data, digital platforms and emerging technologies
• Structure, draft, negotiate and advise on AI provisions in third party agreements, client agreements, data-sharing and data-licensing agreements, technology agreements, and strategic partnerships
• Help define, develop and maintain enterprise AI contracting standards, including templates, clause libraries, playbooks, fallback positions, risk-tiering guidance, escalation criteria and approval materials
• Advise on key AI and technology contracting issues, including data rights, restrictions on model training and fine tuning, ownership and use of inputs and outputs, model improvements, confidentiality, intellectual property, cybersecurity, regulatory compliance, transparency, and liability allocation
• Partner closely with Technology, Procurement, Risk, Compliance, Information Security, and business stakeholders on the evaluation and implementation of AI and other technology solutions
• Support escalations and approvals for AI and technology transactions that present significant legal, regulatory, operational, or reputational risk.
• Help translate AI governance requirements and legal risk positions into practical contracting terms that can be used consistently across transactions
• Monitor legal, regulatory, and market developments affecting AI contracting, data use, digital platforms, model governance and other emerging technologies, and translate those developments into practical guidance for internal stakeholders
• Support audits, regulatory inquiries, internal governance reviews, and related risk management activi…