Payments Solutions Attorney -Vice President, Assistant General Counsel

Posted 11 Days Ago
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Chicago, IL
Hybrid
Senior level
Financial Services
The Role
The Payments Solutions Attorney will provide legal advice on innovative payment solutions, collaborate with business teams, and advise on legal and regulatory developments in payment systems. Key responsibilities include drafting documentation and overseeing external counsel.
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Job Description
The J.P. Morgan Payments Legal team supports the J.P. Morgan Payments & Commerce Solutions business, which is part of the Corporate and Investment Bank and is one of the world's largest, most trusted and innovative providers of international cash management, liquidity, commercial card, foreign exchange, escrow solutions, trade finance and merchant services. In addition, the J.P. Morgan Payments & Commerce Solutions business invests in future-growth initiatives, such as blockchain, artificial intelligence and machine learning, as well as partnerships with fintechs.
As the Payments Solutions Attorney - Vice President Assistant General Counsel within our Legal Payments and Commerce Solutions team, you will work at the intersection of banking and technology with a successful, well established and collegial team of lawyers. We support a fast-paced business with an ambitious payments agenda. You will have the opportunity to collaborate, innovate, and provide strategic advice to our clients.
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

  • Providing day-to-day legal advice and counsel to internal clients and partners in connection with the development, implementation and maintenance of innovative payment solutions.
  • Collaborating with global business teams, as well as colleagues in Legal, Risk, Compliance and other control functions to address and resolve complex issues.
  • Advising clients on relevant legal, regulatory and market developments involving payment systems.
  • Facilitating the development, transformation and evolution of the Firm's operations, products, services, technologies, analytics and other payments capabilities through cost effective, efficient, business-driven, and legally compliant business solutions.
  • Drafting and negotiating client-facing documentation.
  • Instructing and supervising external counsel, as required, on transactional matters and/or bespoke advice, including the review and analysis of legal opinions.


Required qualifications, capabilities, and skills

  • US law school degree (JD) and a minimum of 5 years post-admission experience practicing with a major law firm, financial institution or judicial clerkship.
  • Strong interest in payments solutions and applications.
  • Significant experience advising on the current legal and regulatory requirements relating to payments, ideally as applied to a financial institution.
  • Team player, confident and proactive, with an up-beat, "can-do" attitude with the ability to work under pressure, handle deadlines, manage complex projects and multiple tasks in a fast-paced and complex business environment
  • The successful candidate will have the following attributes: Ability to exercise strong business judgment and strategic thinking, proven ability to independently and proactively identify issues, analyze problems and provide viable solutions, skilled communicator, and excellent drafting and negotiation skills
  • Strong organizational and project management skills, acute attention to detail, and the ability to think outside the box and focus on key points
  • Ability to effectively interact with all levels of personnel and management, including senior executives and influence to build consensus across a global matrix organization


All candidates for roles in the Legal department must be licensed to practice law in the country of employment and successfully complete a conflicts of interest clearance review prior to commencement of employment.
About Us
JPMorganChase, 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 & Co. 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.

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250,000 Employees
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JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, 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.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

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Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
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