JPMorgan Chase Legal- Senior Counsel- Office of Legal Obligations- AVP in New York, New York
JPMorgan Chase & Co . (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity.
The JPMorgan Chase (“JPMC”) Legal Department is responsible for providing legal services to the Corporation and is organized by practice groups that generally align with the Corporation’s lines of business and corporate staff areas. This structure encourages legal teams and businesses and staff areas to discuss legal, regulatory, and business developments effectively and in a timely manner.
About the Office of Legal Obligations . JPMC’s Office of Legal Obligations (“OLO”) is responsible for oversight and management of the End-to-End Legal and Regulatory Process Program. The OLO is sponsored at the operating committee level of JPMC. The objective of the OLO is to design and develop a global, firm-wide, risk-based process to demonstrate JPMC’s understanding of the material legal obligations arising under applicable laws, rules, and regulations and the policies, procedures, and controls associated with those obligations that help ensure compliance.
For the OLO, JPMC requires experienced individuals with strong legal and regulatory awareness and background, able to understand the risks to JPMC of non-compliance with applicable laws, rules, and regulations. The ideal candidate will provide support on a variety of quality control initiatives to evaluate the OLO’s library of legal obligations and JPMC’s efforts to monitor for changes to the laws, rules, and regulations underlying those obligations. This role will require significant cross-functional collaboration, including with line of business lawyers and their counterparts in Compliance, Risk, Oversight and Control, and other control functions. It also will require regular engagement with external counsel. The environment is fast-paced, often requiring that issues be addressed quickly - to ensure the firm stays in compliance with the rapidly-evolving rules that apply to our highly regulated industry. The successful candidate must have strong analytical and collaborative skills, be able to work independently, and be a true "self starter."
Primary Responsibilities will include:
Leading and participating in quality control initiatives to evaluate the OLO’s inventory of legal obligations and JPMC’s efforts to monitor for changes to applicable laws, rules, and regulations.
Performing legal research and analysis of international, federal, and state laws, rules, and regulations, and developing legal subject matter expertise as needed.
Collaborating with internal line of business lawyers and with Legal’s control function partners to identify and implement process changes to ensure compliance with applicable laws. This role will provide considerable exposure to these groups.
Instructing and liaising with external counsel, as required, on the review and analysis of legal obligations and the laws, rules, and regulations underlying them.
Supporting learning at JPMC by helping to develop training programs for OLO stakeholders. These training programs will include training related to internal OLO program standards, including standards for identifying and capturing legal obligations, and will also look to foster conversations about emerging legal and regulatory developments and the work of specific lines of business and control function groups within JPMC.
Attendance and participation at internal meetings related to the OLO.
Occasional research to support special projects as needed.
Juris Doctor degree
Minimum of 3 years of legal experience.
Attorney must be licensed to practice law and a member in good standing 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.
Excellent research and writing skills and attention to detail.
Strong interpersonal, management, advocacy, and communication skills.
Prior experience in financial services regulation, particularly with regard to federal and state regulation of financial products, is preferred but not required.
Proficiency in one or more languages in addition to English is helpful.
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.