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

Aumni

Aumni

Legal
Chicago, IL, USA
Posted on Jul 4, 2024

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