JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2 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 Legal Department has a number of key operations to meet our obligations to various regulatory oversight and investigative bodies as necessary. This includes obligations to regulatory bodies of legal entities, both domestic and international that regulate our business as well as to civil and criminal investigation authorities or adversarial counsel. Legal is organized by Practice Groups that conform to the organization of the Firm’s lines of business and corporate staff areas. Each Practice Group has a General Counsel who is the Practice Group Head and who reports to the Firm’s General Counsel. This structure provides the means for the Legal teams to communicate legal and regulatory changes to the businesses and staff areas, and for the lines of business and staff areas to communicate business developments that have legal or regulatory implications to the Legal teams in a timely manner.
The Office of the Secretary (“OTS”) partners with senior management, control groups, lines of business and corporate units to promote effective governance of the Firm, its branches, subsidiaries and affiliates. It operates through a corporate team and three regional hubs, in New York City, EMEA and APAC. We are seeking an attorney to join the OTS corporate team.
Key responsibility of this position is to drive the development of a library of laws/regulations and legal obligations applicable to the Board of Directors of JPMC and its subsidiaries and to JPMC as a public company. The role requires interpreting laws and regulations, monitoring changes in such laws and regulations, and evaluating and assessing the impact of such developments on the commercial banking business. This position requires significant cross-functional collaboration, including with line of business lawyers, compliance, controls, risk, operations, and senior business leaders. The environment is fast-paced, often requiring that issues be addressed quickly to ensure the Firm remains in compliance with evolving laws and regulations. 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:
- Actively participate in development of library of laws/regulations and legal obligations applicable to the Board of Directors of JPMC and its subsidiaries and to JPMC as a public company.
Identify and document legal obligations and collaborate with other subject matter experts to map legal obligations through policies, procedures and other controls.
Monitor changes in law/regulations and research and analyze laws/regulations and statutes to evaluate and assess impacts on the Board of Directors and JPMC as a public company.
Collaborate with other members of the OTS team to identify and implement policy, process and procedural changes to ensure compliance with changing laws/regulations.
Become subject matter expert on certain laws and regulations; interpret laws and regulations.
Review proposed new practices and procedures, and identify legal and regulatory issues.
Participate in other governance matters and projects.
- Juris Doctor degree with a minimum of 3 years of experience working with the regulation of financial services institutions other highly regulated industries.
- Medium or large law firm, in-house and/or FRB, OCC, FDIC, CFPB, or SEC experience preferred.
- Excellent research, writing and oral communication skills, with demonstrated ability to listen and drive results in a team setting.
Effective and efficient problem solver; strong multi-tasking skills.
Self-starter; ability to deliver high-quality results under tight deadlines.
Experience with WESTLAW or similar on-line tools.
Strong computer skills (MS WORD, EXCEL and PowerPoint) and ability to quickly and easily learn new programs.