JPMorgan Chase Legal- Senior Counsel- Middle Market Banking and Specialized Industries- AVP in Chicago, Illinois
JPMorgan Chase & Co . (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com at http://www.jpmorganchase.com/ .
The Commercial Banking Legal team is seeking an attorney with transactional experience to join the team as a lawyer supporting the Government, Healthcare, Higher Education and Not-for-Profit (GHHN) business within MMBSI. The position will be based in Chicago.
Middle Market Banking and Specialized Industries (“MMBSI”) is a line of business within Commercial Banking of JPMorgan Chase Bank, N.A. which is part of JPMorgan Chase & Co. (NYSE: JPM) and is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing and asset management serving more than 30,000 clients. MMBSI serves business, municipal and not-for-profit clients with annual revenue generally from $20 million to $500 million.
Review and respond to Requests for Proposal from Government clients and negotiate final contracts and provide advice on exception approval issues.
Advise on lending and non-lending products sold by Commercial Banking with a heavy focus on core cash and liquidity products.
Provide transactional support, including analysis and advice on structural and risk issues; review, negotiate and/or draft credit and collateral documentation and confidentiality agreements; and tailor standard bank documentation forms for specific transactions and assist with client exits.
Assist with various projects and initiatives to meet business, regulatory or operational goals and help the business address any compliance or audit concerns.
Keep abreast of legal and regulatory changes, and comment on proposed legislation affecting products and services provided by GHHN and affecting GHHN clients. Other Responsibilities:
Work on statutory requirements for qualified public depository status and contingent liability laws in various states, and negotiate security agreements for collateral to be pledged to support Public (State and municipal) deposits and assist Government Relations staff in lobbying efforts with respect to desired legislative and regulatory changes.
Advise clients, in conjunction with Compliance, on regulatory and compliance policies and issues including, but not limited to, Know-Your Customer, anti-money-laundering and client sponsorship issues, and conflicts, information-sharing, confidentiality and privacy issues.
Juris Doctor Degree (candidate must be a licensed attorney in good standing, with the ability to practice in-house in Illinois) with a minimum of 3 years of relevant legal experience. The successful candidate may not start the role until in compliance with the Illinois licensing requirements.
Attorney must be licensed to practice law and a member in good standing in in the state/jurisdiction in which the position is based or otherwise in compliance with the in-house counsel registration rules of that state/jurisdiction.
Transactional experience with heavy contract negotiation skills and experience in delivery of core banking products and services for commercial clients.
Excellent research, writing and oral communication skills, with the ability to listen effectively.
Team player, with excellent people and organizational skills.
Effective and efficient problem solver; strong multi-tasking skills.
Self-starter; ability to deliver high-quality results under tight deadlines.The following knowledge and experience would be a plus:
Preparation of and responding to requests for proposals, particularly state and local government RFPs.
Public finance, credit and lending issues, commercial and real estate documentation.
Issues relating to state and local governments, including local procurement laws.
Letters of credit, direct purchase and other bond issuances.
Treasury services products, including any experience in UCC Articles 3, 4, 4A, 8 & 9 and payment and clearinghouse rules.
In-house counsel with a financial institution, government, not-for-profit, educational, healthcare or similar entity or outside counsel focusing on financial institutions law or public finance.
Compliance, risk management or consulting experience.
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.