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Commercial Banking Payments Negotiation Attorney – Vice President, Assistant General Counsel

Posted Mar 27
Full Time
On Site
Chicago, Illinois

JOB DESCRIPTION

Experience the opportunity to provide strategic guidance on impactful client contract negotiations for critical payments services while helping to develop negotiations technology and best practices across the Firm.

As the Commercial Banking Payments Negotiation Attorney – Vice President, Assistant General Counsel on our Innovation & Payments team, you will provide transactional and strategic legal support for Commercial Banking in connection with negotiations for client contracts involving wholesale payments, accounts, products and services. Demonstrating strategic thought while collaborating with legal partners and other key personnel involved in customer negotiations as we endeavor to accelerate technological solutions, you will also help to develop a best in class contracts negotiations legal practice for our businesses.  If you are intellectually curious and have a passion for driving solutions, including with emerging technologies, you may be the perfect fit for our team.

The Legal Department at JPMorgan Chase & Co. manages legal and other risks, advises on products and services, interprets laws and regulations that impact the firm, and advises the firm on other matters.  Our global team is made up of 2,000 lawyers and legal professionals with a reputation as thought leaders who deliver best-in-class services. As trusted advisors, we help the firm’s clients while also safeguarding the integrity of the firm.  We are committed to a culture of inclusivity and belonging, where people can grow and succeed throughout their careers while working for a first-in-class financial institution doing cutting-edge work. If these values resonate with you, we would like to hear from you

 

Job responsibilities

  • Drafting, negotiating and advising the business on a wide range of documentation and transaction structures for the Wholesale Payments business.
  • Providing legal analysis in connection with the development of innovative product solutions as part of the new business initiative process and user interface enhancements and assisting with the implementation of new products and key strategic projects.
  • Advising the businesses on other key legal/regulatory issues.
  • Coordinating with product counsel and other legal teams to draft and maintain J.P. Morgan’s agreement templates, negotiations playbooks, and negotiations technology tools. 
  • Reviewing customer-facing documentation with an eye toward clarity, ease of understanding, and legal and regulatory compliance

 

Required qualifications, capabilities, and skills 

  • Minimum of five (5) years post-admission practicing experience with a major law firm, financial institution or judicial clerkship relevant to the responsibilities of the position
  • JD or educational equivalent required.  Attorney candidates must be in compliance with all relevant licensing requirements including those of the jurisdiction where the role will be located prior to commencement of employment
  • Familiarity with relevant banking laws, including UCC Articles 4 and 4A.
  • Ability to collaborate across a variety of functional areas and lines of business.
  • Ability to prioritize work, manage a large number of matters at one time, and interact with senior management

 

Preferred qualifications, capabilities, and skills 

  • Knowledge of wholesale payments products and services
  • Experience working with merchant service processors/providers
  • Familiarity with commercial card products
  • Familiarity with FinTech and third party payment processors and applicable regulations.

All candidates for roles in the Legal department must successfully complete a conflicts of interest clearance review prior to commencement of employment

 
 

ABOUT US

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans

 

ABOUT THE TEAM

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.
 
With large, global operations, the Legal team tackles complex issues and helps shape the regulations that affect the businesses. The group is organized into practice groups that align with the lines of business and corporate staff areas, which encourages collaboration on legal, regulatory and business developments as they arise.