Bank of America
Lauren Mogensen is global general counsel for Bank of America, responsible for overseeing the company’s legal functions around the world.
She is a member of the company’s executive management team.
Previously, she was the Global Compliance and Operational Risk executive for the company, responsible for overseeing the company’s strategy and governance for the company’s Compliance and Operational Risk programs. Mogensen was also responsible for enterprise-wide Compliance and Operational Risk policies, standards, and program execution. Her responsibilities also included maintaining relationships with key regulators and supervisory institutions worldwide, the company’s senior leadership team, key governance committees and the board of directors to sustain a culture of managing risk well and a best-in-class control environment to support the company’s responsible growth strategy.
An experienced attorney and executive with a background in both risk and compliance, she has been with Bank of America for two decades. Prior to being named Global Compliance executive in 2013, Mogensen was with the Legal Department since October 2009. She was Deputy General Counsel and Legal executive for several areas of the company, including Office of the Corporate Secretary, Global Human Resources, Global Marketing and Corporate Affairs, Chief Financial Officer Group, and Corporate Strategy and Development. Previous to that, she was Legal executive for Global Commercial Banking and Global Technology and Operations.
Mogensen also served for 10 months as the Chief Risk and Compliance Officer for Global Wealth and Investment Management (GWIM). From late August 2008 to January 2009, she served as Chief Financial Officer of GWIM. For the approximately two years previous to that, she was the Compliance and Risk Management executive for GWIM. From 2004-2006, she served as Deputy General Counsel for GWIM.
Mogensen first joined FleetBoston Financial in 2001 as Managing Director, Mergers & Acquisitions. In 2003, she was named Deputy General Counsel.
Prior to joining FleetBoston, she advanced from associate to partner, member of the executive committee and co-head of the 120-person corporate department based in the Boston, MA, and Providence, RI, offices of the law firm Edwards & Angell, LLP (now Locke Lorde LLP). Her principal areas of practice were general corporate, securities and mergers and acquisitions.
Mogensen received a J.D. with honors from George Washington University Law School in Washington, D.C., in 1988, and her B.A. in Government with distinction from Colby College in Waterville, ME, in 1984.
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Bank of America
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Bank of America is one of the world’s largest financial institutions. Bank of America counts individuals, small and medium businesses, global corporations, and governments among its customers. Within the US, it serves approximately 56 million consumers and small businesses. Globally, it is recognized as a leader in wealth management, corporate and investment banking, and trading. Bank of America has eight business segments serving people, companies, and institutions. The bank has four business lines serving people: Retail, Preferred, Merrill Lynch Wealth Management, and Bank of America Private Bank. Retail offers consumers a suite of products and services through both digital and a large network of brick and mortar branches. Preferred supports clients with up to $250,000 in assets and small businesses with up to $5 million in revenue with cash management, investment solutions. Merrill Lynch Wealth Management serves clients with $250,000 in assets up to ultra high net worth, providing them with unique plans and advice to help each individual achieve their unique financial goals. Bank of America Private Bank provides ultra high net worth clients - those with over $3 million in investable assets - highly personalized, team-based services for investment and wealth management. The bank has three business segments serving companies: Business Banking, Global Commercial Banking, and Global Corporate & Investment Banking. Business Banking serves smaller U.S. companies with annual revenues of $5 million to $50 million through its network of local teams. Global Commercial Banking serves middle-market U.S. companies with revenues in the range of $50 million to $2 billion through a combination of local relationship managers backed by the full capabilities of the bank. These capabilities include treasury, lending, leasing, investment banking, risk management and international subsidiary banking services. The Global Corporate & Investment Banking segment serves clients exceeding $2 billion in revenues and government agencies across 38 countries. The bank provides treasury services, lending, leasing, advisory, and debt and equity underwriting solutions for these clients. For institutions, Bank of America’s Global Markets serves clients such as hedge funds, asset managers, pensions and other financial institutions. BofA provides global sales and trading services to these institutional clients across fixed income, credit, currencies, commodities and equities.